Trading Assistant
Indexed description
Trading Operations Graduate Program – Graduate Trading Assistant
New York Office
Start Date: August / September 2026
Salary: Starting $120,000 + discretionary bonus
About the Firm
This firm is a global alternative investment manager combining relative value and directional trading across macro asset classes to deliver uncorrelated returns. The firm operates across London, New York, Washington DC, and Singapore and manages approximately $17bn in assets.
They foster a collaborative, high‑performance culture underpinned by the values of Trusted Talent, Challenge and Support, Collective Excellence, and Sustainable Success.
About the Role
The Graduate Trading Assistant role sits within Trading Operations, providing front‑line support to the investment desk across post‑trade and trading support activities. This is a trading support / middle‑office role, focused on ensuring trading activity is accurately reflected for risk, P&L, and settlement purposes. The role provides exposure to trading activity across global macro asset classes, and a detailed understanding of how a hedge fund operates day to day.
The position is part of an 18‑month graduate program based in New York and includes a 5-week induction period in London.
Key Responsibilities
- Daily blotter management, including live and close P&L and risk reporting
- Accurate booking of trades and understanding the risks and pricing of traded products
- Monitoring expiries, fixings, and futures rolls and presenting associated P&L and risk impacts
- Providing first‑line support to portfolio managers and execution traders
- Supporting reconciliation and resolution of administrator and counterparty queries
- Monitoring trade lifecycle events and offsetting transactions
- Acting as a subject matter resource to support process improvements and control enhancements
- Working closely with Trading, Risk, Operations, Fund Control, Quantitative Analytics, and Technology teams
Day-to-Day
- Close interaction with trading desks supporting live trading activity
- Analysis of trades, positions, risk, and P&L
- Investigation and resolution of breaks and operational issues
- Contribution to business and process improvement initiatives
- The environment is fast‑paced, detail‑driven, and collaborative.
Ideal Candidate Profile
- 2026 Graduates with Bachelors/Master Degree
- Strong academic performance from a leading university (GPA: 3.5+)
- Degree in a quantitative or analytical discipline preferred (STEM Major preferred)
- Demonstrated interest in financial markets and hedge funds (internships or relevant coursework)
- Excellent attention to detail and a structured, methodological approach to work
- Comfortable working in a non‑client‑facing, internal support role
- Strong communication skills and ability to work effectively within a team
Training and Development
- 18‑month structured graduate program
- 5-week induction and training period in London
- On‑the‑desk learning with experienced Trading Operations professionals
- Ongoing training and development support
- Sponsorship for relevant professional qualifications, including CFA Level I
Compensation
- Base salary starting at $120,000 + discretionary bonus
- Competitive benefits package
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