At a Glance
- Tasks: Join our execution team to handle trading and provide market insights.
- Company: Pharo Management is a leading global macro hedge fund focused on emerging markets.
- Benefits: Collaborative culture, diverse team, and opportunities for growth in a top-performing firm.
- Why this job: Be part of a dynamic team that influences investment decisions and builds market relationships.
- Qualifications: Graduate with a quantitative degree and 5-10 years of trading experience, preferably in Fixed Income.
- Other info: Work full-time in London and engage with a passionate, creative team.
The predicted salary is between 43200 - 72000 £ per year.
Execution Trader – London
Who we are:
Pharo Management is a leading global macro hedge fund manager with a focus on emerging markets. Founded in 2000, the firm has offices in London, New York and Hong Kong and currently manages approximately $7 billion in assets across four funds. Pharo trades foreign exchange, sovereign and corporate credit, local market interest rates, commodities, and their derivatives. We trade in over 70 countries across Asia, Central and Eastern Europe, the Middle East and Africa, Latin America as well as developed markets. Our investment approach combines macroeconomic fundamental research and quantitative analysis.
Pharo employs a diverse, dynamic team of over 125 professionals representing over 20 nationalities and 30 languages. We have a strong corporate culture anchored in core values such as collaborative spirit, creativity, and respect. We are passionate about what we do and are committed to attracting the best and brightest talent.
This is a great opportunity to join a top performing firm with a collaborative culture and contribute to our continued success.
Job description:
We are looking to hire a trader to join our execution team in London. The execution team handles all trading for the firm. They are a crucial component of Pharo’s global investment team, allowing us to trade in large volumes while minimizing our footprint. Besides executing trades, they are also responsible for giving market colour to the portfolio managers, recommending trade ideas, evaluating liquidity and weighing on investment decisions. They participate in risk meetings and work closely with all our economists and portfolio managers. Execution traders are Pharo’s link to the street and are crucial to maintaining good relationships. We hire individuals who have scope to grow within the firm and who will fit in Pharo’s collegial environment.
Required qualities and skills:
- Graduate with a quantitative degree.
- Strong knowledge of Fixed Income maths.
- Between 5 to 10 years’ experience on a trading or sales desk at a top tier investment bank or buy-side firm (Fixed Income): interest rates trading experience preferred.
- Strong work ethics.
- Solid common sense.
- Emerging markets knowledge and understanding.
Work status and location
- Full time in London
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Execution Trader - London employer: Pharo Management
Contact Detail:
Pharo Management Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Execution Trader - London
✨Tip Number 1
Make sure to stay updated on the latest trends and developments in emerging markets. This knowledge will not only help you during interviews but also demonstrate your genuine interest in the field.
✨Tip Number 2
Network with professionals in the trading and investment banking sectors. Attend industry events or join relevant online forums to connect with people who can provide insights and potentially refer you to opportunities at Pharo Management.
✨Tip Number 3
Familiarize yourself with Pharo Management's trading strategies and recent market activities. Being able to discuss their approach and how you can contribute will set you apart from other candidates.
✨Tip Number 4
Prepare for technical discussions by brushing up on Fixed Income maths and trading concepts. Being able to confidently discuss these topics will showcase your expertise and readiness for the role.
We think you need these skills to ace Execution Trader - London
Some tips for your application 🫡
Understand the Company: Before applying, take some time to understand Pharo Management's focus on emerging markets and their trading strategies. Familiarize yourself with their core values such as collaborative spirit and creativity, as this will help you align your application with their culture.
Highlight Relevant Experience: In your CV and cover letter, emphasize your 5 to 10 years of experience on a trading or sales desk, particularly in Fixed Income. Be specific about your interest rates trading experience and any relevant quantitative skills that make you a strong candidate.
Showcase Your Skills: Make sure to highlight your strong knowledge of Fixed Income maths and your understanding of emerging markets. Use examples from your past work to demonstrate how these skills have contributed to your success in trading.
Craft a Tailored Cover Letter: Write a compelling cover letter that not only outlines your qualifications but also expresses your enthusiasm for joining Pharo Management. Mention how you can contribute to their execution team and support their investment decisions.
How to prepare for a job interview at Pharo Management
✨Showcase Your Quantitative Skills
Since the role requires a strong quantitative background, be prepared to discuss your academic achievements and any relevant projects. Highlight your knowledge of Fixed Income maths and how you've applied it in previous roles.
✨Demonstrate Market Knowledge
Familiarize yourself with current trends in emerging markets and be ready to discuss them during the interview. This shows your passion for the field and your ability to provide valuable insights to the team.
✨Emphasize Team Collaboration
Pharo values a collaborative spirit, so share examples of how you've successfully worked in teams. Discuss your experiences in risk meetings or how you've collaborated with portfolio managers to enhance trading strategies.
✨Prepare for Scenario-Based Questions
Expect questions that assess your decision-making skills under pressure. Prepare to discuss specific scenarios where you had to evaluate liquidity or recommend trade ideas, showcasing your solid common sense and strong work ethic.