Graduate Trader
5 hours ago
Graduate Rates Trader - Immediate start ONLY
Scope of the role
This is a rare opportunity for a graduate to join B2C2 and to assume trading responsibility within their first 6 months. You will learn from experienced traditional finance and crypto professionals with combined experience of 50+ years alone within the crypto industry.
B2C2’s Funding Desk is London-based, and responsible for a variety of products, strategies, and business lines, each related to trading interest rates. The desk generates P&L through a variety of sell-side OTC client flow, and proprietary high-frequency trading. We extract the interest rate component of derivatives by creating delta-neutral structures – products we trade include futures, forwards, CFDs, spot, loans, plus novel crypto products. Funding impacts every trade, whether in crypto or traditional finance – so this role offers a unique perspective from which to build broad trading knowledge. It’s one of the fastest growing areas of the firm.
Roles and responsibilities
- Manage the overall market risk of the Funding Desk portfolio - rates, liquidity, liquidation, credit, and delta risks.
- Manage the algorithms for proprietary strategies on crypto exchanges
- Interact with clients for OTC trading - pricing, quoting, execution, and product queries.
- Monitor opportunities and dislocations in markets as they present themselves, taking decisive action to capture value.
- Work closely with Tech and Operations to ensure smooth 24/7 trading
- Preferable, but not essential: use python for quantitative research, automation, and enhancing/building systematic strategies
What we're looking for:
- Completed university degree in a numerical subject
- Clear communication skills
- Ability to work in a fast-paced fluid environment and handle pressure in such an environment
- Keen interest in financial and crypto markets
- An entrepreneurial mindset and a natural intuition for risk
- Highly determined individual, with an eagerness to learn
- Preferable, but not essential: good python programming skills, especially pandas
Requirements:
- Demonstration of honesty, integrity and good reputation
- Excellent teamwork and relationship management skills and a demonstrated ability to work both on own initiative and as part of a team
- Ability to develop new skills and understand market developments as required
- Aware of the importance of considering risk management and compliance issues.
- Continually demonstrates application of group policies and relevant regulatory framework
- Prior trading experience and knowledge isn’t required for this role – however, mental curiosity to solve markets-related problems is required
UK Benefits:
- The opportunity to grow at a fast pace in meritocratic environment
- Performance review and discretionary cash bonus paid every 6 months
- 25 days holiday (plus bank holidays)
- Private Medical Insurance (BUPA)
- Life assurance
- Group Personal Pension with Royal London (3.5% e’ee contribution, 5.5% e’er contribution)
- Group Income Protection
- Refreshments and drinks
- Enhanced maternity/paternity leave
- Exciting social calendar
- Flexible working
- Recognition awards
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