Graduate Analyst

  • Competitive
  • Windsor, England, United Kingdom Windsor England GB
  • Permanent, Full time
  • Record Currency Management
  • 19 Mar 18 2018-03-19

We are recruiting for a recent graduate to join Record in an Analyst role with opportunities for rotation. Initially the Analyst will join our Front Office Risk Management team, and they will have the opportunity to move into different teams at Record with the overall aim of quickly becoming familiar with our products and processes. This role will require an ambitious graduate who is seeking a thriving long-term career in investment management, and who is keen to build a comprehensive understanding of our company.

The rotational nature of this role will require an aptitude for fast learning so that the Analyst can a) complete the wide range of tasks they may encounter across different teams, and b) acquire an in-depth knowledge of our company through intensive training and coaching.

The first placement will be in our Front Office Risk Management team, and the Analyst will assist in assessing and monitoring the day-to-day risk of all Record’s products. Tasks will include: undertaking pre- and post-trade monitoring; monitoring portfolios are running smoothly; carrying out deep dive analysis; testing applications and systems-generated reports; and contributing ideas which may improve or develop any of the aforementioned tasks. Following a successful period in Front Office Risk Management, the next rotations open to the Analyst may be in our Client Services and/or our Reporting Services team(s).

Record Currency Management
Record Currency Management is an established, independent currency manager, managing approximately £45.6bn (as at 30 Sept 2017) in client currency exposures. Our clients are largely institutions, including pension funds, charities, foundations, endowments, and family offices. Record’s services include bespoke currency hedging, currency for return, and additional currency solutions and consulting services.

• First or upper second class degree from a Russell Group University (or international equivalent).
• A Level in a mathematical subject, A grade or above (or international equivalent).
• Strong analytical, numerical, and problem-solving skills with at least a basic grasp of statistics.
• Excellent attention to detail.
• A keen interest in financial markets and investment and a desire to learn more in this area.
• Excellent communication skills, works well both in a team and independently.
• Intermediate/advanced MS Excel or VBA.
• Strong writing skills.

Long-term career prospects
The opportunities for career development and progression are varied and extensive.
Whilst completing rotations across different teams at Record, you will;
1) Gain an in-depth knowledge of our products.
2) Develop a thorough understanding of all the teams in our company and their specific responsibilities, through a full programme of induction sessions across the business and the opportunities for discussion and learning that our open-plan office facilitates.
3) Form strong internal relationships with colleagues across our company.

After completing your rotations, your career path will be determined by the areas that you express a preference for and the needs of the business. Due to its broad nature, the role can in the long run potentially lead to senior internal careers in the all areas of the firm including: a) Client Services, b) Reporting, c) Trading, d) Implementation, and e) Operations.

Key Responsibilities
As a graduate joining Record in an Analyst role with opportunities for rotation, you will develop a broad and unique skillset. In your first role in Front Office Risk Management will learn:
1) How to check that portfolios are running smoothly, meaning that they are following systematic models while remaining within the constraints of various internal, external (regulatory) and contractual limits. Therefore, an analyst can expect to develop an in-depth knowledge of each portfolio’s construction and evolution over time.  They will also help to draft weekly deep dive presentations on portfolios.
2) To create, test and deploy a suite of tools to monitor and evaluate the portfolios, and the subsequent trades undertaken. Apart from sharpening the Analyst’s proficiency in Excel and VBA, this requires considerable interaction with the Systems Development team and across various departmental (specialist) teams.
3) To proactively identify threats and vulnerabilities of these threats, and to prioritise risks and their controls by weighing their benefits and costs in the short and long terms. Once risks and threats have been identified, you will learn to communicate with team heads on any corrective action that needs to be undertaken, and strengthen the main line of defence in portfolio control.
4) To simulate investment risk and returns, and monitor the effects of discretionary decisions on portfolios’ risk and returns.