Junior Portfolio Finance Trader Hudson River Trading · London, United Kingdom

Tradermath; City of London; On-site; GBP 40,000 - 60,000; Full time

Job summary

A leading trading firm in the City of London is seeking a Junior Portfolio Finance Trader to manage operational matters and communicate with various stakeholders in European markets. The ideal candidate will have 2-4 years of experience in equity finance and be proficient in Python. This role offers exceptional mentorship and the chance to work in a collaborative environment. Competitive compensation and an inclusive culture are part of the offer.

Qualifications

• 2-4 years of market experience within equity finance, portfolio finance, or buy-side treasury function.
• Strong knowledge of EMEA equity financing markets and prime brokerage funding models.
• Proven ability to maintain composure in stressful situations.

Responsibilities

• Effectively manage operational matters including securities borrowing and lending.
• Communicate daily with counterparties, prime brokers, and internal traders.
• Drive European dividend management across custodians and products.

Skills

Analytical mindset

Curiosity

Strong cross-functional communication

Proficiency in Python

Proficiency in SQL

Job description

Hudson River Trading (HRT) is seeking a Junior Portfolio Finance Trader to join our PostTrade team with a focus on European markets. In this role, you’ll have the opportunity to learn the inner workings of our highly successful automated trading strategies, tackle complex problems, and make an immediate, tangible impact with outstanding room for growth. As part of a technical and highly experienced team, you will receive direct mentorship and develop your industry experience as well as your quantitative and coding skillsets.

The ideal candidate for this role will be an avid learner with a background in finance and an interest in securities financing and automated trading.

Responsibilities

• Effectively manage operational matters (securities borrowing and lending, locates, dividends, fails, buy-ins, as well as prime and synthetic financing).
• Communicate daily with counterparties, prime brokers, internal traders, and various internal operations support teams in multiple regions.
• Manage the distribution and integrity of all financing costs charged by prime brokers and other liquidity providers to internal trading desks.
• Optimize efficiencies across prime brokers and HRT entities to reduce costs and capital usage.
• Drive European dividend management across a variety of custodians and products.
• Enable trading across new markets and products.
• Document processes and procedures.

Qualifications

• 2-4 years of market experience within equity finance, portfolio finance, or buy-side treasury function.
• Strong knowledge of EMEA equity financing markets, prime brokerage funding models, FX, and equity synthetics.
• Analytical mindset, curiosity, and strong cross-functional communication skills.
• Proficiency in Python, SQL, and other technical skills, as well as a keen interest to further develop these skillsets.
• Proven ability to maintain composure in stressful situations.
• Meticulous attention to detail and a desire to maintain accuracy while processing large amounts of information within finite timelines.

Culture

Hudson River Trading (HRT) brings a scientific approach to trading financial products. We have built one of the world's most sophisticated computing environments for research and development. Our researchers are at the forefront of innovation in the world of algorithmic trading.

At HRT we welcome a variety of expertise: mathematics and computer science, physics and engineering, media and tech. We’re a community of self-starters who are motivated by the excitement of being at the cutting edge of automation in every part of our organization—from trading, to business operations, to recruiting and beyond. We value openness and transparency, and celebrate great ideas from HRT veterans and new hires alike. At HRT we’re friends and colleagues – whether we are sharing a meal, playing the latest board game, or writing elegant code. We embrace a culture of togetherness that extends far beyond the walls of our office.

Feel like you belong at HRT? Our goal is to find the best people and bring them together to do great work in a place where everyone is valued. HRT is proud of our diverse staff; we have offices all over the globe and benefit from our varied and unique perspectives. HRT is an equal opportunity employer; so whoever you are we’d love to get to know you.