- London, England, United Kingdom
- Permanent, Full time
- Mondrian Alpha Recruitment Solutions
- 12 Feb 18
Junior Trader - Quant Hedge Fund - 40-65k base + large bonus potential
Location: London, England, United Kingdom
A hedge fund that follow a quant / systematic trading strategy are looking to make a key desk hire for one of its top performing funds.
Based on the trading desk, the hire will directly support a team of 6 Traders, solely responsible for that particular strategy / fund (that has achieved large double digit returns for the past couple of years). We are looking to hire a junior that will see this as a role that they can commit to, learn from, and progress in to a longer term career in front office. You will manage all trades and provide deep post-trade analysis that extends to stock market analysis + performance against the market. As a result you will be encouraged to bring new trade ideas to the desk and will be actively involved in overall trading strategy and ideas. The hire will test new algorithms and will be key in implementing them. Over the course of your first year in the role, the hire will be taught to master a number of programming languages. The role is highly quantitative and will get you exceptionally close to the markets.
We can only look for graduates with Maths/Physics/Engineering/Computer Science degrees, 2:1 or First class. You should have A’s at A-level in similar subjects. You must be comfortable using a programming language. We can look at fresh graduates or a hire with up to 5yrs relevant industry experience (ideally a Middle Office/Trader Assistant background).
The role pays a package far greater than what competitor funds pay at this level, but in exchange you should expect a tough selection process. The base salary will cap out at 65k (the lower end of the banding is for graduates) and a top performer will receive a bonus that pushes them towards / in to a six figure total package in year one.