Our client, a high performing global hedge fund, is looking to make a newly created trader assistant hire (due to internal progression into a trader seat) in London.
The role will have ownership over 5-6 traders/portfolios, which are cross-strategy, to run a broad front office focused remit which includes managing spreads, unwinds, novations, orders, and picking up execution tasks. The hire will also work on many ad-hoc tasks and projects for the traders they cover, as well as process automation projects more broadly within the TA team (coding skills and/or an aptitude to develop coding skills are therefore useful in this role).
The role is budgeted to pay a base salary of between £80 – 110k with a target bonus level of 50% in year one, while longer-term TA's globally can typically earn 70-100% bonuses. The fund provides all staff with a great benefits package and while this is a desk role, they can offer WFH flexibility.
* The salary benchmark is based on the target salaries of market leaders in their relevant sectors. It is intended to serve as a guide to help Premium Members assess open positions and to help in salary negotiations. The salary benchmark is not provided directly by the company, which could be significantly higher or lower.