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Trading Assistant

$90k - $125k

Pharo

Trading Assistant

Pharo Management is a leading global macro hedge fund with a focus on emerging markets. Founded in 2000, the firm has offices in London, New York, Hong Kong and Abu Dhabi, and currently manages $8 billion in assets across four funds. Pharo trades foreign exchange, sovereign and corporate credit, local market interest rates, commodities, and their derivatives. We trade in over 70 countries across Asia, Central and Eastern Europe, the Middle East and Africa, Latin America as well as developed markets. Our investment approach combines macroeconomic fundamental research and quantitative analysis.

Pharo employs a diverse, dynamic team of 140 professionals representing over 20 nationalities and 30 languages. We have a strong corporate culture anchored in core values such as collaborative spirit, creativity, and respect. We are passionate about what we do and are committed to attracting the best and brightest talent.

This is a great opportunity to join a market leader and contribute to our continued success.

Job description:

We are looking to hire a Trading Assistant who will help to bridge the working relationship between the Portfolio Management Team and Execution Team. The successful candidate will:

  • Ensure trades are captured accurately by internal risk systems. Capture end of day risk and ensure trade blotter is clean and that all trades are booked.
  • Collaborate with operations team to ensure smooth settlement of all trades.
  • Aid in Portfolio management bookkeeping tasks to limit residual interest rate and FX risk.
  • Control the futures' delivery process to ensure Portfolio Managers are trading the current, most liquid futures contracts.
  • Manage NDF fixing risk.
  • Aid with PnL reconciliation for Fixed Income, FX, and Interest Rate focused strategies.
  • Work in close integration with software development team to optimize Pharo's start to finish trading processes.

Required Qualities and Skills:

  • 0 3 years' experience on a trading desk at an investment bank or buy-side firm.
  • Strong academic background with a demonstrated interest in international finance, mathematics, or macroeconomics.
  • Excellent verbal and oral communication skills.
  • Strong work ethic with a proclivity to self-start.
  • Quantitatively inclined with proficiency in the Microsoft Suite.
  • Capacity to grasp and learn new topics and concepts.

Pay Range in New York:

  • Base salary: $90,000 - $125,000/year.

Work status and location:

  • Full-time in New York.
Pharo
Vacancy posted 1 day ago
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