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- Tasks: Support the investment desk with post-trade activities and manage daily blotter tasks.
- Company: Join a leading hedge fund known for its innovative approach in the finance sector.
- Benefits: Enjoy competitive pay, potential remote work options, and a dynamic work environment.
- Why this job: Be part of a high-impact team that drives financial success and enhances your trading knowledge.
- Qualifications: Must have a 2.1 degree in a STEM subject and relevant experience in trading support.
- Other info: Ideal for candidates with strong rates knowledge from a front office environment.
The predicted salary is between 36000 - 60000 £ per year.
PLEASE NOTE: Client can only consider those with a proven Interest rate product background. It is essential that every candidate who is wanting to consider this role must be able to also demonstrate outstanding education, including at least a 2.1 level degree in a STEM subject from Russell Group or international equivalent, and excellent A-Levels (or international equivalents) in academic subjects.
Our Trade Assistant team is fundamental to many aspects of our business. Our mission is to be the frontline support to the investment desk for all post-trade activities, carrying this out with the highest degree of accuracy and speed.
Relevant candidates must also be able to showcase experience in a similar Traders Assistant role, ideally from a buyside firm, but they might consider those from the sell side. You will have strong Derivatives knowledge, especially if complex products or Fixed Income focussed, and wide-reaching knowledge of P&L / Product Control / Blotter Management / technical Middle Office & Risk type work. They would particularly like to identify someone with strong Rates / Structured rates knowledge coming from a Front Office environment.
Daily blotter management, booking transactions into our systems and understanding the risks and pricing of exotic products. Typical Daily Duties may consist of:
- Ensuring accuracy of new trade live P&L & risk, and producing daily close P&L reporting
- Managing and processing expiries/fixings/futures rolls – presenting the pre-and-post associated Risk/P&L changes
- Providing first line of support to the Investment Officers and Portfolio Traders
- Acquiring SME knowledge to help drive process enhancements
- Monitoring offsetting transactions and collapsing accordingly (ISDA protocols)
- Resolving administrator and counterparty queries
Rates Trading Assistant - Leading Hedge Fund | London, UK employer: Non-disclosed
Contact Detail:
Non-disclosed Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Rates Trading Assistant - Leading Hedge Fund | London, UK
✨Tip Number 1
Make sure to brush up on your knowledge of interest rate products and derivatives. Familiarise yourself with the latest trends and developments in the rates market, as this will help you engage in informed discussions during interviews.
✨Tip Number 2
Network with professionals in the hedge fund industry, especially those who work in rates trading or similar roles. Attend industry events or join relevant online forums to connect with potential colleagues and gain insights into the role.
✨Tip Number 3
Prepare to discuss your previous experience in a Trader Assistant role, focusing on specific examples where you demonstrated accuracy and speed in post-trade activities. Highlight any relevant projects or tasks that showcase your ability to manage P&L and risk effectively.
✨Tip Number 4
Research the company culture and values of the hedge fund you're applying to. Tailor your approach to align with their mission and demonstrate how your skills and experiences can contribute to their success in the rates trading space.
We think you need these skills to ace Rates Trading Assistant - Leading Hedge Fund | London, UK
Some tips for your application 🫡
Highlight Relevant Experience: Make sure to emphasise any previous experience you have in a Traders Assistant role, particularly if it was within a buyside firm. Detail your familiarity with interest rate products and derivatives, as this is crucial for the position.
Showcase Your Education: Clearly state your educational background, ensuring you mention your degree classification and the institution you attended. If you have a 2.1 level degree in a STEM subject from a Russell Group university or an equivalent, make this prominent in your application.
Demonstrate Technical Skills: Include specific examples of your technical skills related to P&L management, product control, and risk assessment. Mention any experience with daily blotter management and booking transactions, as these are key responsibilities of the role.
Tailor Your Application: Customise your CV and cover letter to reflect the job description closely. Use keywords from the job listing, such as 'Rates', 'Structured rates knowledge', and 'Front Office environment', to ensure your application stands out to recruiters.
How to prepare for a job interview at Non-disclosed
✨Showcase Your Educational Background
Make sure to highlight your academic achievements, especially your 2.1 degree in a STEM subject from a Russell Group university or equivalent. Be prepared to discuss how your education has equipped you with the analytical skills necessary for the role.
✨Demonstrate Relevant Experience
Be ready to talk about your previous roles as a Trading Assistant, particularly any experience from buyside firms. Discuss specific tasks you've handled, such as managing P&L reporting or supporting investment desks, to show your familiarity with the responsibilities of the position.
✨Highlight Your Derivatives Knowledge
Since strong derivatives knowledge is crucial for this role, prepare to discuss complex products and fixed income. You might want to provide examples of how you've applied this knowledge in past roles, especially in relation to risk management and pricing.
✨Prepare for Technical Questions
Expect technical questions related to P&L, product control, and middle office functions. Brush up on relevant terminology and processes, and be ready to explain how you would handle daily blotter management and transaction bookings accurately.
