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Hedge Fund Junior Trader Analyst, London

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Skill Farm

1mo ago

  • Internship
    Full-time
    Summer Internship
  • Banking & Finance
  • London

AI generated summary

  • You must have advanced Excel skills, knowledge of VBA or SQL, strong problem-solving abilities, and cross-asset class experience in FI, FX, Credit, Rates, and Equities.
  • You will capture and monitor trades, ensure compliance, manage lifecycle events, reconcile positions, support client onboarding, and drive process improvements in trading operations.

Requirements

  • Advanced excel and knowledge of VBA, SQL or other programming languages.
  • Good problem solving capabilities, evidence of process improvement.
  • Cross asset class experience: FI, FX, Credit, Rates, Equities

Responsibilities

  • The focus of the Trader Assistant within the Operations team is on ensuring the complete, accurate and timely capture of trades and lifecycle events. The core services, processes and controls are provided to clients to ensure accurate risk and P&L capture.
  • The core services provided by the Trader Assistants are as follows:
  • Trade Capture
  • Monitoring electronic trade flows
  • Ensuring accurate trade capture of voice executed transactions
  • Compliance with regulations and internal policies with respect to trade execution and capture
  • Publishing P&L and working with clients to resolve queries
  • Life Cycle Event Management
  • Facilitation of option expiry processes and other contractual obligations
  • Corporate event and credit event processing
  • Compression and novation processing
  • Static Data Management
  • All elements of instrument data set up and maintenance
  • Onboarding of clients, traders and funds
  • Support for static to aid the STP of trade capture
  • Reconciliation of Client Positions
  • Ensure positions and trade details recorded in internal systems match external parties (clearers, custodians, prime brokers, counterparties)
  • Facilitate the timely resolution of position and trade breaks
  • Process Improvement and Projects
  • New business initiatives: Including set up of new traders and products
  • Process Improvements including technology enhancements
  • Enhancing knowledge through training and maintenance of team procedures and policies
  • Completing event reviews and implementation of risk mitigation improvements

FAQs

What are the primary responsibilities of a Hedge Fund Junior Trader Analyst?

The primary responsibilities include ensuring the accurate and timely capture of trades and lifecycle events, monitoring electronic trade flows, facilitating option expiry processes, static data management, and reconciling client positions.

What skills are required for this role?

Required skills include advanced Excel, knowledge of VBA, SQL or other programming languages, good problem-solving capabilities, evidence of process improvement, and cross asset class experience in FI, FX, Credit, Rates, and Equities.

Is prior trading experience necessary for this position?

While prior trading experience is beneficial, it is not explicitly required. However, familiarity with the trading process and related operations would be advantageous.

What types of training will be provided for this role?

Training will focus on enhancing knowledge through procedure and policy maintenance, process improvements, and new technology enhancements relevant to trade capture and lifecycle event management.

How do we handle compliance with regulations?

Compliance with regulations and internal policies is a core responsibility, and the Trader Assistant must ensure that trade execution and capture adhere to all relevant rules.

Will there be opportunities for process improvement and projects?

Yes, the role includes opportunities for involvement in new business initiatives, process improvements, and technology enhancements.

How will performance be evaluated in this role?

Performance will be evaluated based on the accuracy and timeliness of trade capture, successful resolution of trade queries, effective lifecycle event management, and contributions to process improvements.

What software or tools will I be using?

The role requires proficiency in advanced Excel, as well as familiarity with programming languages such as VBA or SQL, and internal systems for trade capture and reconciliation.

Are there opportunities for career advancement?

Yes, there are opportunities for career advancement as the position provides exposure to various aspects of trading operations and the potential for growth within the organization.

Will I be working directly with clients?

Yes, the role involves working with clients to resolve P&L queries and other related matters regarding trade capture and lifecycle events.

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Human Resources
Industry
1-10
Employees
2023
Founded Year

Mission & Purpose

Skillfarm is a professional development platform that focuses on building and enhancing skills in areas such as leadership, communication, and problem-solving. Their ultimate mission is to empower individuals and teams to achieve their full potential through targeted skill-building programs. The purpose of Skillfarm is to bridge the gap between existing skills and the demands of the modern workplace, enabling users to thrive in their careers by offering practical, real-world training solutions.