Shift Trader in London

Shift Trader in London

London Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Monitor trading activities, manage risks, and streamline operations with innovative tools.
  • Company: Join Squarepoint, a leader in trading and monitoring solutions.
  • Benefits: Competitive salary, flexible shifts, and opportunities for professional growth.
  • Why this job: Be part of a dynamic team making impactful decisions in real-time trading.
  • Qualifications: Bachelor's degree in a quantitative field and Python programming skills.
  • Other info: Fast-paced environment with 24/7 coverage and exciting challenges.

The predicted salary is between 36000 - 60000 £ per year.

Working Hours: This role requires working on shifts to support 24 / 7 coverage across regions.

Team: Central Trading & Monitoring

Role Overview: Squarepoint is building a Central Trading & Monitoring team to ensure around-the-clock supervision of trading activities and operational processes. As a Shift Trader, you will play a critical role in risk management, trade oversight, operational lifecycle management, and incident response. You will also actively contribute to the automation and efficiency of the team’s workflow by developing tools and scripts to streamline monitoring and trading operations.

Responsibilities

  • Day-to-day remit
  • Active Risk Monitoring: Monitor real-time exposures across Squarepoint’s trading activities. Proactively raise alerts and elevate incidents as required. Execute hedging actions following established procedures. Monitor profit and loss, and risk metrics, ensuring continuity during market holidays.
  • Production Monitoring: Oversee systematic trading strategies, including restarting as needed. Respond to alerts and ensure the smooth operation of trading processes. Support internal teams with issue escalation and resolution.
  • Ad-hoc Trading & Operations Tasks: Perform ad-hoc hedging and booking tasks as they arise. Support pilots and special initiatives. Respond to diverse requests from internal and external stakeholders.
  • Additional oversight areas (as activity scales)
    • Monitor market‑making activities and exposures, taking action in case of issues. Use and improve tools to run post‑execution analysis and achieve best execution. Support trading of new products as they are launched (e.g., power and gas markets). Oversee lifecycle management tasks, including monitoring of position rolls, option expirations, and corporate actions. Respond rapidly to risk limit breaches and serve as a contact point for market counterparties. Support near round‑the‑clock trading, including special coverage for weekend or holiday markets.
  • Process Improvement
    • Dedicate time to streamlining monitoring and booking workflows using scripting or automation. Engage with stakeholders to identify new requirements and extend team responsibilities.

    Qualifications

    • Bachelor’s degree in a quantitative or related field.
    • Programming proficiency in Python. KDB is a plus.
    • Strong verbal and written communication skills with the ability to collaborate with teammates globally.
    • Strong sense of urgency with the ability to work well in a fast‑paced environment.

    Shift Trader in London employer: Squarepoint Capital

    Squarepoint is an exceptional employer that fosters a dynamic and inclusive work culture, where innovation and collaboration are at the forefront. As a Shift Trader, you will benefit from comprehensive training and development opportunities, enabling you to enhance your skills in risk management and trading operations while working alongside a talented global team. Located in a vibrant financial hub, Squarepoint offers competitive benefits and a supportive environment that encourages personal and professional growth.
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    Contact Detail:

    Squarepoint Capital Recruiting Team

    StudySmarter Expert Advice 🤫

    We think this is how you could land Shift Trader in London

    ✨Tip Number 1

    Network like a pro! Reach out to folks in the trading and finance sectors on LinkedIn or at industry events. We all know that sometimes it’s not just what you know, but who you know that can help you land that Shift Trader role.

    ✨Tip Number 2

    Prepare for those interviews by brushing up on your Python skills and understanding risk management concepts. We want you to be ready to showcase your programming prowess and how you can contribute to automating workflows in the Central Trading & Monitoring team.

    ✨Tip Number 3

    Don’t forget to highlight your ability to work under pressure! As a Shift Trader, you’ll need to respond rapidly to incidents and monitor trading activities around the clock. We suggest sharing examples from past experiences where you thrived in fast-paced environments.

    ✨Tip Number 4

    Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive about their job search. Let’s get you into that Shift Trader position!

    We think you need these skills to ace Shift Trader in London

    Risk Management
    Trade Oversight
    Operational Lifecycle Management
    Incident Response
    Active Risk Monitoring
    Hedging Actions
    Profit and Loss Monitoring
    Systematic Trading Strategies
    Issue Escalation and Resolution
    Post-Execution Analysis
    Lifecycle Management
    Python Programming
    Communication Skills
    Collaboration
    Process Improvement

    Some tips for your application 🫡

    Tailor Your CV: Make sure your CV is tailored to the Shift Trader role. Highlight your experience in risk management, trading oversight, and any relevant programming skills, especially in Python. We want to see how your background aligns with what we’re looking for!

    Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about trading and how you can contribute to our Central Trading & Monitoring team. Be sure to mention any specific tools or scripts you've developed that could streamline operations.

    Showcase Your Communication Skills: Since this role involves collaborating with teammates globally, make sure to demonstrate your strong verbal and written communication skills. We love seeing examples of how you’ve effectively communicated in past roles, especially in fast-paced environments.

    Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to submit all your materials in one go. Plus, it helps us keep track of your application!

    How to prepare for a job interview at Squarepoint Capital

    ✨Know Your Trading Basics

    Make sure you brush up on your trading knowledge, especially around risk management and operational processes. Understanding the core responsibilities of a Shift Trader at Squarepoint will help you answer questions confidently and show that you're genuinely interested in the role.

    ✨Show Off Your Programming Skills

    Since programming proficiency in Python is a must, be prepared to discuss your experience with it. Bring examples of scripts or tools you've developed that improved workflows or automated tasks. This will demonstrate your technical skills and how you can contribute to process improvement.

    ✨Communicate Clearly

    Strong verbal and written communication skills are essential for this role. Practice articulating your thoughts clearly and concisely. You might be asked to explain complex concepts, so being able to communicate effectively with both technical and non-technical stakeholders is key.

    ✨Prepare for Fast-Paced Scenarios

    Given the urgency of the role, think of examples from your past experiences where you successfully managed high-pressure situations. Be ready to discuss how you prioritised tasks and responded to incidents quickly, as this will highlight your ability to thrive in a fast-paced environment.

    Shift Trader in London
    Squarepoint Capital
    Location: London

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