At a Glance
- Tasks: Monitor trading activities, manage risks, and streamline operations with innovative tools.
- Company: Join Squarepoint, a leader in trading and monitoring with a global impact.
- Benefits: Competitive salary, dynamic work environment, and opportunities for growth.
- Why this job: Be part of a critical team ensuring smooth trading operations 24/7.
- Qualifications: Bachelor's degree in a quantitative field and Python programming skills required.
- Other info: Fast-paced role with opportunities to innovate and improve trading processes.
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.
- 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.
- 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 employer: Squarepoint Capital
Contact Detail:
Squarepoint Capital Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Shift Trader
✨Tip Number 1
Network like a pro! Reach out to folks in the trading and finance sectors on LinkedIn or at industry events. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for those interviews by brushing up on your technical skills, especially Python. Be ready to discuss how you've used programming to solve problems or improve processes in past roles.
✨Tip Number 3
Showcase your adaptability! In a fast-paced environment like trading, being able to pivot quickly is key. Share examples of how you've handled unexpected challenges or changes in previous jobs.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you're genuinely interested in joining our team at Squarepoint.
We think you need these skills to ace Shift Trader
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience and skills that match the Shift Trader role. We want to see how your background in risk management and trading 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. Keep it concise but impactful!
Show Off Your Programming Skills: Since programming proficiency in Python is key, don’t forget to mention any projects or experiences where you've used it. If you’ve dabbled in KDB, give that a shout too – we love seeing initiative!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy!
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 Tech Skills
Since programming proficiency in Python is a must, be ready to discuss your experience with it. Bring examples of tools or scripts you've developed that improved workflows or monitoring processes. This will demonstrate your ability to contribute to the team's automation goals.
✨Prepare for Scenario Questions
Expect to face scenario-based questions that assess your problem-solving skills under pressure. Think about past experiences where you had to respond quickly to incidents or manage risks, and be ready to explain your thought process and actions taken.
✨Communicate Clearly and Confidently
Strong verbal and written communication skills are key for this role. Practice articulating your thoughts clearly, especially when discussing complex topics. Being able to collaborate effectively with global teammates will set you apart during the interview.