Job

Trader Assistant.- Fixed income - 5-7 years

Location: New York
Base Salary: $120-150k
Total Compensation: $175-225k
Industry: Hedge Funds

Junior TA Role

    • 5-7 years of experience (ideally closer to 5), strong attention to detail and intellectual curiosity
    • Well versed in macro asset classes (fx rates, credit, macro equity), Ideally we want them to have experience with FX
    • process improvement mindset and strong understanding of pnl and pnl components
    • track record of taking analytics and driving projects forward through delivery independently
    • We want someone who has awareness and knowledge of industry standards, where the industry is migrating and how GFI can incorporate those updates
    • Expect them to have a high analytical aptitude and problem solving
    • Ideally someone who has experience partnering with tech to improve processes, analytical excellence with respect to reconciling pnl and decomposing pnl

 

 

Role: Market Analysis Trading Assistant

Location: New York

 

Key Responsibilities

Duties and responsibilities include, but are not limited to, providing trading support and control and executing projects relating to the building of the fixed income businesses, as is outlined below:

  • Ensure accurate trade capture and position management in our trading systems
  • Act as liaison between trading and BUC(Business Unit Control) to confirm and resolve P&L issues and ensure accuracy
  • Be able to continually identify and deliver process improvements through automation, tool building, and partnering with other stakeholders within the firm. 
  • Work closely with Tech teams to enhance, build and validate enhancements to systems and tooling
  • Be responsible for the P&L Predict / Explain process and the reconciliation with actual P&L
  • Monitor intraday risk and reconcile with EOD Risk
  • Analyze trade flows to help identify opportunities for and trade cost savings
  • Work with the Trading Desk, Quantitative Research, Finance, Operations, and Technology on ad hoc projects related to the growth and build-out of our business capabilities (expansion of the product slate, business process enhancements / automation,  trading docs, new business initiatives)
  • Understand and help provide cost saving opportunities related to Margin optimization. 
  • Assist in understanding the impact of regulation (EMIR, MiFID II) on Market Structure and the execution and control functions within our business

 

Qualifications:

  • Minimum of a Bachelor’s degree (or foreign equivalent)
  • Preference for finance, economics, applied mathematics, physics, engineering, or computer science, or related quantitative field
  • Minimum of 5 years experience in fixed income or equities securities or derivatives middle office, operations or financial control environment
  • Knowledge of / familiar with financial markets, fixed income derivatives, and /or cash instruments (FX, Swaps, Swaptions, Sovereign Debt, equity, commodity)
  • Basic knowledge / understanding of 1st order interest rate risk (Duration, Curve) and familiarity with the Swap Yield curve
  • Advanced knowledge of Excel and Microsoft Word (or related software), and experience with working in a database
  • Proficiency in python and C++ is preferable
  • CFA preferable
  • Excellent English, grammar, written and oral communication skills
  • Strong organizational skill and attention to detail

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