A leading alternative investment manager is looking to expand the team through the addition of a Junior Equity and or Equity Execution trader. In this role, this individual will work with the Investment team internationally. Ideal candidates will be organized, self-motivated, resourceful and able to work effectively with all internal functional groups.
Responsibilities:
- Provide risk and market risk analysis and oversight to internal and external derivatives and securities finance platforms including Global Arbitrage & Trading, Fixed Income & Currencies and Equities;.
- Transaction cost analysis projects and other quantitative research projects associated with the trading and investment management process;
- Analyze securities finance and derivative transactions in the context of counterparties' overall trading and investment strategies;
- Familiarity with OTC derivative products including equity swaps/Options ( OTC and exchange), credit derivatives, FX forward contracts and securities finance and Repos;
- Perform pre-trade data quality check; monitor portfolio risk; monitor corporate actions and other adjustments to the group’s portfolios;
- Understanding of Standing Orders and Policies: SO Series 6 - Securities. Finance and SO Series 7 - Trading Credit Risk Management and, Loans, and Collateral Securities; Relevant qualifications for APAC exchanges
- Understanding of major Asian Equity markets ( HK/China/Australia/Japan/Korea).
- Understanding of trading documentation including the ISDA Master Agreement; Inclusive of Equity swaps/CFDs
- Understanding of securities regulations governing mutual funds, hedge funds, pension funds and other institutional counterparties;
The individual will have demonstrated an ability to work in a fast-paced, performance-driven environment with an ability to think broadly about the business, incorporating continual improvement of processes and procedures with a goal of excellence while focusing on accuracy and efficiency.
- BA (or equivalent) with finance or economic focus; ideally quantitative or accounting undergrad
- Experience with merger arb/relative value trade execution
- Ability to execute basic credit/bond transactions
- Basic risk arbitrage analytics maintenance
- Knowledge of convertibles, bonds, bank debts, CDS, derivatives, options, etc. and related documentations;
- Understanding of credit risk inducing policy, process and measurement
- Strong written and oral communication skills
- 2-4 years trading experience, including Market and Credit Risk, preferably at a hedge fund
- Knowledge of Swaps/CFDs/Repos among other asset classes