Rates Trading Assistant - Leading Hedge Fund | London, UK

PLEASE NOTE: Client can only consider those with a proven Interest rate product background. It is essential that every candidate who is wanting to consider this role, must be able to also demonstrate outstanding education, including at least a 2.1 level degree in a STEM subject from Russell Group or international equivalent, and excellent A-Levels (or international equivalents) in academic subjects. Our Trade Assistant team is fundamental to many aspects of our business. Our mission is to be the frontline support to the investment desk for all post-trade activities, carrying this out with the highest degree of accuracy and speed.

Relevant candidates must also be able to showcase experience in a similar Traders Assistant role, ideally from a buyside firm, but they might consider those from the sell side.

You will have strong Derivatives knowledge, especially if complex products or Fixed Income focussed, and wide-reaching knowledge of P&L / Product Control / Blotter Management / technical Middle Office & Risk type work. They would particularly like to identify someone with strong Rates / Structured rates knowledge coming from a Front Office environment.

Daily blotter management, booking transactions into our systems and understanding the risks and pricing of exotic products.

Typical Daily Duties may consist of:

• Ensuring accuracy of new trade live P&L & risk, and producing daily close P&L reporting
• Managing and processing expiries/fixings/futures rolls – presenting the pre-and-post associated Risk/P&L changes
• Providing first line of support to the Investment Officers and Portfolio Traders
• Acquiring SME knowledge to help drive process enhancements
• Monitoring offsetting transactions and collapsing accordingly (ISDA protocols)
• Resolving administrator and counterparty queries