Junior Trader – Proprietary Trading House recruitment
The successful candidate will sit on the trading floor alongside the traders. ( At The Company, there aren't formal hierarchies or job titles, and everyone works for the growth of the firm, rather than their individual business group, all employees work in collaborative teams and interact with many areas of the firm and its business); you will be helping them form trading strategies to contribute to our high frequency/systematic trading efforts. (Unlike a traditional hedge fund, The Company’s focus is on trading, not investing. We don't raise money from outside investors, and we don't have clients or customers).
The successful candidate will have the following skills:
• Excellent quantitatively, with a strong understanding of probability and statistics
• An effective communicator in a close-knit team setting
• Motivated, competitive and eager to learn and teach
• Able to solve new problems quickly in the hectic environment of a busy desk or exchange floor
• Excited to engage in impromptu and exploratory debate on trading strategy and risk
• Strong mathematical and analytic skills. There's no specific checklist, but we draw on ideas from everywhere we can, so we value interest and experience in a range of scientific and technical fields.
• The ability and desire to write good code. You will at times be required to use your programming skills to build trading tools.
• Some research experience. This doesn't mean a Ph.D. is a job requirement, but you should have developed good taste in research topics and the ability to do productive work.
• Previous experience or course work in finance, business, or economics is not required. We're more interested in how you think and learn than what you know…
You will be actively working on trades every day, so you will always be occupied; whether it be programming and building tools to aid our traders and platforms, or simply help with building trading strategies. We don’t have captive customers, so we have to win by being better than the competition every day.
And we’re still small enough that there are countless unexplored opportunities; we’ve always been in the position of having more trading ideas to pursue than people to execute them. The majority of hedge funds are growing by having more capital under management, we on the other hand believe that hiring and training exceptional people, will help us to grow even further.
If you feel that you have the desired skills and would like to discuss in further detail please either call Ariel Booker on 0207 377 2200 or email a.booker@westbourne-partners.com.
Westbourne Partners have a number of similar jobs within risk, IT and quant groups at a number of financial companies, please send in a resume and we can get in contact with any suitable position.