Trading Assistant

Job Description

We are looking to hire a Trading Assistant who will help to bridge the working relationship between the Portfolio Management Team and Execution Team. The successful candidate will:

• Avoid capturing trades inaccurately by internal risk systems.
• Capture end of day risk and ensure trade blotter is clean and that all trades are booked.
• Collaborate with operations team to ensure smooth settlement of all trades.
• Aid in Portfolio management bookkeeping tasks to limit residual interest rate and FX risk.
• Control the futures’ delivery process to ensure Portfolio Managers are trading the current, most liquid futures contracts.
• Manage NDF fixing risk.
• Aid with PnL reconciliation for Fixed Income, FX, and Interest Rate focused strategies.
• Work in close integration with software development team to optimize Pharo’s start to finish trading processes.

Required Qualities and Skills

• 0 – 3 years’ experience on a trading desk at an investment bank or buy-side firm.
• Strong academic background with a demonstrated interest in international finance, mathematics, or macroeconomics.
• Excellent verbal and oral communication skills.
• Strong work ethic with a proclivity to self-start.
• Quantitatively inclined with proficiency in the Microsoft Suite.
• Capacity to grasp and learn new topics and concepts.

Pay Range in New York

Base salary: $90,000 - $125,000/year.

Work status and location

• Full-time in New York.