Trading Desk Operations, Senior Associate - Quant Trading Team

P2P; London; On-site; GBP 40,000 - 60,000; Full time

Job summary

A leading financial services firm is seeking an Associate in Trading Desk Operations to support trading and funding operations. You will gain in-depth knowledge of the trade life cycle, troubleshoot issues, and enhance operational processes, contributing to a dynamic trading environment with a focus on cryptocurrency. A strong finance background and experience on the trading floor are essential for this role.

Qualifications

• 5+ years of working experience on the Trading floor.
• Have working knowledge in Python.
• Thrive to work in a dynamic environment.

Responsibilities

• Provide dedicated end-to-end trade support to assigned trading desks.
• Troubleshoot operational bottlenecks throughout the trade life cycle.
• Design and develop booking model for new products.

Skills

Problem Solving

Detailed Orientation

Critical Thinking

Technical Skills (Python)

Education

Degree in Finance/Accounting or Quantitative Discipline

Job description

About the role:

We are looking for an Associate in Trading Desk Operations to join our trading team. You will help on the operational side of the trading desk, supporting trading and funding operations and streamlining processes to support the growth of our Trading business. You will gain an in-depth understanding of the trade life cycle for the particular trading desk you will support.

Responsibilities

• Provide dedicated end-to-end trade support to assigned trading desks, perform trade bookings, trade verifications, balance and position reconciliations, P&L attributions
• Troubleshoot operational bottlenecks, delays, and other problems presented throughout the trade life cycle
• Using coding, develop and enhance booking and reconciliation procedures
• Real-time monitoring and escalation on risk positions against internal thresholds and develop new monitoring tools for the desk
• Design and develop booking model for new products and corresponding checks and reconciliations
• Set up of new accounts and trading books, maintain data integrity and data mapping
• Perform funding operations and settlement checks, investigate and resolve fund transfer issues, liaising internally with Treasury or with external brokers
• Review funding usage and manage internal capital distribution records
• Assist in analysis of trading performance, P&L and risk attribution
• Assist promptly in adhoc/urgent requests from the trading desks relating to trade bookings or funding requests
• Engage with developers on projects that further enhance system infrastructure and controls

Requirements

• Degree holder in Finance/Accounting or Quantitative discipline
• 5+ years of working experience on the Trading floor as Trading Assistant or Trade Support or in relevant functions such as Middle Office, Product Control in a financial services or crypto trading firm
• Have working knowledge in Python and an interest to expand your technical skills
• Excellent problem solving skills, detailed oriented mindset with a high degree of accuracy
• Positive and proactive, critical thinker who strives for continuous improvement
• A product owner, results oriented, think outside of the box and can deliver under pressure
• Thrive to work in a dynamic environment, passionate about cryptocurrency and blockchain