Senior Macro Trader - London

CFA Institute; Greater London; On-site; GBP 150,000 - 200,000; Full time

Benefits offered by this job

Exposure to a diverse, high-caliber %1

Flat culture

Job summary

CFA Institute in London seeks an experienced Macro Execution Trader to execute trades across bonds, FX, commodities, equities and more for 40+ PM teams. The role demands fast, precise execution in a high-volume, multi-strategy environment.

Ideal candidates have 5+ years in institutional trading, deep macro market knowledge, and strong communication with PMs, risk, and tech. Proficiency with OMS/EMS and trading algorithms is preferred.

Qualifications

• 5+ years of experience as an execution trader or assistant trader at an institutional asset manager, hedge fund, or investment bank.
• Deep knowledge of major macro asset classes: fixed income, FX, futures, interest rate derivatives, equities, commodities and options on all asset classes.
• Demonstrated ability to trade liquid and less liquid instruments; strong working knowledge of electronic and voice execution tools.
• Experience with derivatives pricing, market microstructure, and volatility/arbitrage strategies is highly desirable.
• Excellent communication and relationship management skills; experience working directly with portfolio managers.

Responsibilities

• Execute orders across global macro markets with precision and minimal market impact.
• Serve as the execution partner to 40+ macro PM teams, ensuring timely, discrete, and efficient trade flow.
• Monitor markets, react to liquidity and news, and opportunistically source liquidity to support PM trading objectives.
• Work closely with portfolio managers, the central macro management team, risk, operations and technology to continuously optimize trading processes, platforms and workflow.
• Provide real-time feedback and market color to internal stakeholders; leverage relationships with sell-side counterparties, brokers, and venues.
• Ensure rigorous trade compliance, order management, and risk controls at all times.
• Contribute to post-trade analytics and trade cost reviews to improve execution quality.

Skills

Execution trading

Cross-asset trading

OMS/EMS

Market microstructure

Derivatives pricing

Education

CFA CQF FRM certifications

Tools

OMS/EMS

Job description

Job Title: Macro Execution Trader (Multi-Manager, Multi-Strategy Hedge Fund)

Location: London

Firm Overview:

Join a world-class macro business at a leading multi-manager, multi-strategy hedge fund. We provide a dynamic, collaborative environment for top talent seeking impact, innovation, and growth. Our teams span a global footprint, using cutting-edge technology and advanced trading strategies to deliver superior performance.

Role Overview:

The Macro Execution Trader will execute trades across a wide range of asset classes-including bonds, interest rate swaps, currencies, commodities, equities and credit indexes through both linear and non-linear structures - for 40+ distinct Portfolio Management (PM) teams. The role requires exceptional cross-asset knowledge, fast and accurate execution under pressure, and the ability to perform in a high-volume, multi-strategy framework.

Key Responsibilities:

• Execute orders across global macro markets with precision and minimal market impact.
• Serve as the execution partner to 40+ macro PM teams, ensuring timely, discrete, and efficient trade flow.
• Monitor markets, react to liquidity and news, and opportunistically source liquidity to support PM trading objectives.
• Work closely with portfolio managers, the central macro management team, risk, operations and technology to continuously optimize trading processes, platforms and workflow.
• Provide real-time feedback and market color to internal stakeholders; leverage relationships with sell-side counterparties, brokers, and venues.
• Ensure rigorous trade compliance, order management, and risk controls at all times.
• Contribute to post-trade analytics and trade cost reviews to improve execution quality.

Key Qualifications:

• 5+ years' experience as an execution trader or assistant trader at an institutional asset manager, hedge fund, or investment bank.
• Deep knowledge of major macro asset classes: fixed income, FX, futures, interest rate derivatives, equities, commodities and options on all asset classes
• Demonstrated ability to trade liquid and less liquid instruments; strong working knowledge of electronic and voice execution tools
• Experience with derivatives pricing, market microstructure, and volatility/arbitrage strategies is highly desirable
• Excellent communication and relationship management skills; experience working directly with portfolio managers.
• High level of integrity, attention to detail, and comfort working in fast-paced, high-pressure settings.
• Familiarity with order management and execution management systems (OMS/EMS) and trading algorithms. The ability to work with multiple businesses within an organization to help improve/build these tools in-house
• Strong academic background in finance, economics, math, or related field; advanced degree or certifications (CFA, CQF, FRM) a plus.

What We Offer:

• Exposure to a diverse, high-caliber group of strategies and market participants.
• Flat, transparent culture with the opportunity to meaningfully impact trading outcomes.