Trading Assistant - Macro Hedge Fund
Trading Assistant - Macro Hedge Fund

Trading Assistant - Macro Hedge Fund

London Full-Time 60000 - 75000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Support trade execution and management for fixed income products in a dynamic environment.
  • Company: Join a leading macro hedge fund known for its strong internal promotion culture.
  • Benefits: Enjoy competitive salary, bonuses, and opportunities for career growth.
  • Why this job: Be part of impactful projects while collaborating with diverse teams in finance.
  • Qualifications: 2+ years in trading support, strong academic background, and advanced Excel skills required.
  • Other info: Exposure to Python is a plus; ideal for detail-oriented individuals.

The predicted salary is between 60000 - 75000 £ per year.

OCR is partnering with a leading macro focussed hedge fund, which is looking to hire a Trading Assistant who will be instrumental in ensuring smooth trade execution, management, and reconciliation across a variety of fixed income products.

The ideal candidate will have a strong grasp of fixed income markets, excellent attention to detail, and a forward-thinking mindset. In addition to handling daily operational tasks, this role offers the opportunity to contribute to impactful, long-term strategic projects.

The Trading Assistant will collaborate closely with both the Operations team (a separate team) and the trading and execution teams, fostering a highly integrated working environment. This firm has a strong history of internal promotions, offering ample opportunities for growth and career advancement over the medium to long term.

Responsibilities include:

  • Serve as a central communication hub, ensuring seamless coordination between traders, risk managers, and operations to align strategies and execution.
  • Accurately input trades into portfolio and order management systems (OMS/PMS) while ensuring timely updates to downstream systems.
  • Assist traders with ad-hoc calculations, including DV01, spread tightening/widening scenarios, and hedge ratios.
  • Facilitate the efficient execution of trades across fixed income securities, including bonds, interest rate swaps, repo, and futures, with a particular emphasis on relative value strategies.

Qualifications/Skills Required:

  • Minimum 2 year’s experience in either buy or sell side Operations, Trade Support or Trading Assistant function.
  • Strong academic background
  • Working knowledge of fixed income products
  • Exceptional attention to detail
  • Advanced Excel skills, exposure to Python is also advantageous

Base salary range: £60,000 – £75,000

Bonus: Competitive with industry average

Trading Assistant - Macro Hedge Fund employer: OCR Alpha

Joining our leading macro-focused hedge fund as a Trading Assistant means becoming part of a dynamic team that values collaboration and innovation. With a strong emphasis on internal promotions, we provide ample opportunities for career growth and development in a supportive work culture. Located in a vibrant financial hub, our firm not only offers competitive compensation but also fosters an environment where your contributions to impactful projects are recognized and rewarded.
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Contact Detail:

OCR Alpha Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Trading Assistant - Macro Hedge Fund

✨Tip Number 1

Familiarize yourself with fixed income products and their market dynamics. Understanding the nuances of bonds, interest rate swaps, and other securities will not only help you in interviews but also demonstrate your genuine interest in the role.

✨Tip Number 2

Network with professionals in the hedge fund industry. Attend finance-related events or join online forums to connect with people who work in trading or operations. This can provide valuable insights and potentially lead to referrals.

✨Tip Number 3

Brush up on your Excel skills and consider learning some basic Python. Many trading assistants use these tools for data analysis and trade execution, so showcasing your proficiency can set you apart from other candidates.

✨Tip Number 4

Prepare to discuss your previous experience in trade support or operations. Be ready to share specific examples of how you've contributed to trade execution or managed operational tasks effectively, as this will highlight your suitability for the role.

We think you need these skills to ace Trading Assistant - Macro Hedge Fund

Strong Understanding of Fixed Income Markets
Attention to Detail
Trade Execution Skills
Portfolio and Order Management Systems (OMS/PMS)
Ad-hoc Calculations (DV01, Spread Scenarios, Hedge Ratios)
Communication Skills
Collaboration with Operations and Trading Teams
Advanced Excel Skills
Python Exposure
Problem-Solving Skills
Time Management
Analytical Skills
Understanding of Relative Value Strategies

Some tips for your application 🫡

Understand the Role: Make sure to thoroughly read the job description for the Trading Assistant position. Highlight key responsibilities and qualifications that resonate with your experience and skills.

Tailor Your CV: Customize your CV to emphasize your relevant experience in trading support or operations, particularly in fixed income markets. Use specific examples to demonstrate your attention to detail and analytical skills.

Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the macro hedge fund environment. Discuss how your background aligns with the firm's focus on trade execution and operational efficiency.

Highlight Technical Skills: In your application, make sure to mention your advanced Excel skills and any exposure to Python. These technical abilities are crucial for the role and should be clearly presented.

How to prepare for a job interview at OCR Alpha

✨Show Your Knowledge of Fixed Income Markets

Make sure to demonstrate your understanding of fixed income products during the interview. Be prepared to discuss recent trends, key players, and how different instruments work. This will show that you are not only familiar with the role but also passionate about the industry.

✨Highlight Your Attention to Detail

Since this role requires exceptional attention to detail, provide examples from your past experiences where your meticulousness made a difference. Discuss how you ensure accuracy in trade execution and data management, as this is crucial for the Trading Assistant position.

✨Prepare for Technical Questions

Expect technical questions related to trade execution, portfolio management systems, and calculations like DV01 or hedge ratios. Brush up on these concepts and be ready to explain them clearly, as this will showcase your technical proficiency and readiness for the role.

✨Emphasize Collaboration Skills

Since the role involves working closely with various teams, highlight your teamwork and communication skills. Share specific instances where you successfully collaborated with others to achieve a common goal, demonstrating your ability to foster a highly integrated working environment.

Trading Assistant - Macro Hedge Fund
OCR Alpha
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  • Trading Assistant - Macro Hedge Fund

    London
    Full-Time
    60000 - 75000 £ / year (est.)

    Application deadline: 2027-01-24

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    OCR Alpha

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