Job Overview – Trading Assistant (Hedge Funds):
Step into a dynamic role with our hedge fund client as a Trading Assistant in New York, NY. In this hybrid position, you will provide critical support to the trading team, including the Head Trader and Senior Equity Trader, while collaborating with operations and other departments to ensure seamless trading processes. This is an excellent opportunity for a detail-oriented professional to contribute to a fast-paced, high-performing environment with growth potential.
Compensation: $95,000 – $105,000/year + bonus
Location: New York, NY
Schedule: Monday to Friday (Hybrid)
Responsibilities as the Trading Assistant (Hedge Funds):
- Trade Operations: Input and verify trade details in Eze Castle, ensuring accuracy in allocations and directions.
- Portfolio Support: Update betas, FX hedging, analyst tagging, and process corporate actions.
- Broker Relations: Communicate with brokers for trade confirmations and work with stock loan desks to secure borrows.
- System Management: Troubleshoot Eze Castle issues, coordinate with vendors, and support system upgrades.
- Reconciliations: Assist with month-end processes, valuations, rebalancing, and counterparty setup.
- Risk Management: Monitor balances, assist with risk sheets, and support P&L attribution analysis.
Qualifications for the Trading Assistant (Hedge Funds):
- Education: Bachelor’s degree in Finance, Economics, or a related field required.
- Experience: 1-3 years of experience in operations or trading assistance at a hedge fund, with familiarity in the full trade lifecycle.
- Technical Skills: Proficient in Microsoft Excel, with familiarity in VBA, Power Query, or SQL for data automation, and experience with Eze Castle, Advent Geneva, trading systems, and Bloomberg modeling.
- Industry Expertise: Knowledge of multiple asset classes, including options, FX, credit, and OTC trades.
- Skills: Strong analytical skills, attention to detail, effective multitasking, and proven collaboration in fast-paced environments.
Application Notice: Qualified candidates will be contacted within 2 business days of application. If an applicant does not meet the above criteria, Atlantic Group will keep your resume on file for future opportunities and may contact you for further discussion.