At a Glance
- Tasks: Join a global team to develop and execute trading strategies across various asset classes.
- Company: Squarepoint Capital is a leading investment firm known for its innovative trading solutions.
- Benefits: Enjoy competitive salary, bonuses, health benefits, and a dynamic work environment.
- Other info: This role requires an EU work permit and offers opportunities for professional growth.
- Why this job: Be part of an elite team, collaborate globally, and make impactful trading decisions.
- Qualifications: Bachelor's degree in a quantitative field and 3+ years of trading experience required.
The predicted salary is between 43200 - 72000 £ per year.
Position Overview: As a Senior Discretionary Trader, you will join an elite global team responsible for the development and execution of discretionary and semi-systematic strategies. This is a unique opportunity to help expand and further develop Squarepoint’s discretionary trading business. As a member of our team, you will identify, evaluate, and implement new trading opportunities. You will liaise and collaborate closely with our Quantitative Researchers and other Discretionary Traders while leveraging our world class research platform. We currently run discretionary strategies in Equities, Commodities, Rates/FX, and Credit including Volatility across all asset classes.
- Identify, research, evaluate, and implement discretionary trading strategies
- Communicate with trading and risk management to ensure understanding of trading strategies and risk
- Collaborate with Traders, Analysts, and Quantitative Researchers globally
- Contribute to the advancement of analytical tools
- Leverage internal data and research tools as well as external research and relationships
- Train and develop junior discretionary traders
Required Qualifications:
- Bachelor’s degree in a quantitative or related field, advanced degree preferred
- 3+ years of proven trading experience in a buy-side or sell-side capacity
- Successfully built and managed trading strategies
- Strong 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
The minimum base salary for this role is $60,000 if located in New York. This expectation is based on available information at the time of posting. This role may be eligible for discretionary bonuses, which could constitute a significant portion of total compensation. This role may also be eligible for benefits, such as health, dental, and other wellness plans, as well as 401(k) contributions. Successful candidates’ compensation and benefits will be determined in consideration of various factors.
Senior Discretionary Trader - Credit in London employer: SQUAREPOINT CAPITAL
As a Senior Quant Researcher in our dynamic New York office, you will thrive in a collaborative and innovative environment that prioritises employee growth and development. We offer competitive salaries, discretionary bonuses, and comprehensive benefits including health and wellness plans, ensuring that our team members are well-supported both professionally and personally. Join us to be part of a forward-thinking firm that values your contributions and fosters a culture of excellence in quantitative research.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Discretionary Trader - Credit in London
✨Tip Number 1
Network with professionals in the trading industry, especially those who work at Squarepoint Capital or similar firms. Attend industry events, webinars, and conferences to make connections and learn more about the company culture and expectations.
✨Tip Number 2
Stay updated on market trends and developments in discretionary trading strategies. Follow relevant financial news, subscribe to trading journals, and engage in discussions on platforms like LinkedIn to showcase your knowledge and passion for the field.
✨Tip Number 3
Prepare to discuss your previous trading experiences in detail during interviews. Be ready to explain your thought process behind specific strategies you implemented and how you collaborated with teams to achieve results.
✨Tip Number 4
Familiarise yourself with Squarepoint's research tools and methodologies. Understanding their approach will not only help you in interviews but also demonstrate your genuine interest in contributing to their team.
We think you need these skills to ace Senior Discretionary Trader - Credit in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights relevant trading experience, especially in discretionary and semi-systematic strategies. Emphasise your quantitative skills and any successful trading strategies you've built or managed.
Craft a Compelling Cover Letter:In your cover letter, express your enthusiasm for the role and the company. Discuss how your background aligns with the responsibilities of the Senior Discretionary Trader position and mention specific examples of your trading successes.
Showcase Collaboration Skills:Since the role involves liaising with Quantitative Researchers and other Traders, include examples in your application that demonstrate your ability to work collaboratively in a fast-paced environment.
Highlight Analytical Tools Experience:Mention any analytical tools or research platforms you have experience with. This will show your familiarity with the resources used in the trading process and your ability to leverage them effectively.
How to prepare for a job interview at SQUAREPOINT CAPITAL
✨Showcase Your Trading Experience
Be prepared to discuss your previous trading experiences in detail. Highlight specific strategies you've developed and the outcomes of those strategies. This will demonstrate your expertise and ability to contribute to their discretionary trading business.
✨Understand the Company’s Trading Strategies
Research Squarepoint Capital's current trading strategies, especially in Credit and other asset classes. Being knowledgeable about their approach will allow you to engage in meaningful discussions and show your genuine interest in the role.
✨Emphasise Collaboration Skills
Since the role involves working closely with Quantitative Researchers and other Traders, be ready to provide examples of how you've successfully collaborated in the past. Highlight your communication skills and ability to work in a team-oriented environment.
✨Prepare for Technical Questions
Expect technical questions related to trading strategies, risk management, and market analysis. Brush up on relevant concepts and be ready to explain your thought process when evaluating trading opportunities.
