Junior Risk Manager / Trader
The ideal candidate for this role would be someone with mathematical proficiency and an interest in working in a front-office environment, focusing on trading and risk management. The candidate should be proficient in several coding languages.
Please provide a cover letter alongside the application.
A proactive and ambitious candidate is required for an evolving investment management company. The candidate will have the opportunity to observe, learn, and actively participate in all aspects of portfolio management, risk management, analytics, administration, and trading (subject to passing FCA exams) for award-winning UCITS and Professional-Only Hedge Funds (RAIF + SIF) funds managed in-house, both traditional and alternative.
The role is based within a small team with access to experienced portfolio managers and traders who are happy to offer support. The trading and investment management team covers asset classes ranging from long-only equities, fixed income, and FoFs to L/S equity, derivatives, and commodities. The team is central to the daily operation of the business, providing significant exposure to all aspects of the company, key people, and various roles.
The ideal candidate will gain exposure to a broad range of asset classes and provide real-time support to the IM team as part of the trading desk, while also taking ownership of significant operational duties. These duties include working with our funds’ administrators and counterparties to ensure a smooth process throughout the entire life cycle of a trade. The candidate will be granted significant autonomy in the role and will be highly independent, yet a key member of the team, with access to resources and experienced professionals.
In addition to the day-to-day responsibilities of a trading desk, the candidate will be encouraged to further their development with a focus on risk management processes and monitoring of our strategies. This is expected to lead naturally to greater responsibilities within the company’s risk management framework.
The candidate should have a strong numerical background and a proactive work ethic. Proficiency in coding languages such as VBA and Python is essential, as the candidate will collaborate with our developers to build solutions within our proprietary OMS.
Responsibilities
•Trade execution (subject to qualification)
•Maintaining broker and prime broker relationships
•Trade settlement
•Portfolio reconciliation
•Cash and margin management
•Issue resolution with fund administrators and counterparties
•Improving internal systems and project work
•Pre- and post-trade analysis
•Interaction with firm stakeholders: settlements, margin calls, brokers, fund administrators, etc.
•Expected to grow into a risk management role
Key Skills and Attributes
•High mathematical proficiency, as the role involves significant calculations and models
•Strong data handling and analysis skills
•Experience with VBA and Python (knowledge of .NET, C++ is a plus but not required)
•Advanced Excel skills (beyond VLOOKUP, IF statements, SUMIF, etc.)
•Ability to work under pressure with good organizational skills
•Strong work ethic, especially in a smaller team setting
•Proactive attitude and ability to process information quickly
•Due to the learning curve, this will be primarily an office-based role, with one day per week flexible hybrid work.
Base Salary: £45,000 - £55,000 per annum, plus performance-based bonus
Benefits Include:
•Comprehensive health and dental insurance
•Gym membership
•Complimentary fruit and snacks