At a Glance
- Tasks: Monitor trading activities, manage risks, and streamline operations with innovative tools.
- Company: Join Squarepoint, a leader in trading and market analysis.
- Benefits: Flexible shifts, competitive pay, and opportunities for skill development.
- Other info: Exciting chance to work in a fast-paced environment with growth potential.
- Why this job: Be part of a dynamic team that shapes the future of trading.
- Qualifications: Bachelor's degree in a quantitative field and Python programming skills.
The predicted salary is between 58043 - 70941 £ per year.
Working Hours: This role requires working on shifts to support 24/7 coverage across regions.
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:
- Active Risk Monitoring: Monitor real-time exposures across Squarepoint’s trading activities, proactively raise alerts and escalate 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.
Short Term Trader in London employer: Squarepoint Capital
Squarepoint is an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation among elite professionals in the trading industry. Located in New York, employees benefit from competitive compensation packages, including discretionary bonuses and comprehensive health and wellness plans, while also having ample opportunities for professional growth and development through mentorship and training programs. Join us to be part of a forward-thinking team that values your contributions and supports your career aspirations.
StudySmarter Expert Advice🤫
We think this is how you could land Short Term Trader in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Squarepoint Capital. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Short Term Trader in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Squarepoint Capital.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Squarepoint Capital's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Squarepoint Capital
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Squarepoint Capital.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Squarepoint Capital will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Squarepoint Capital employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
