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Trader Assistant, GD1

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Trader Assistant, GD1

Job Location
London
Employment type
Regular
Department
Trading
Targeted Start Date
Immediate

DRW is a technology-driven, diversified principal trading firm. We trade our own capital at our own risk, across a broad range of asset classes, instruments and strategies, in financial markets around the world. As the markets have evolved over the past 25 years, so has DRW – maximizing opportunities to include real estate, cryptoassets and venture capital. Headquartered in Chicago, with more than 1,300 employees in offices around the world, we work together to solve complex problems, challenge consensus and deliver meaningful results. It’s a place of high expectations, deep curiosity and thoughtful collaboration.

Our formula for success is to hire exceptional people, encourage their ideas and reward their results.

Our Global Delta One desk is looking for a motivated Trader Assistant to support our busy operation. As we strive for operational excellence we need an individual who is going to be responsible for the smooth running of all the trading operations and acting as the conduit for the traders to the wider DRW support teams. This role will require becoming expert in all of our trading applications and processes. With a continual improvement mindset you will also be responsible for automating manual tasks and working with the project teams to deploy the relevant technological solutions. 

Responsibilities:

  • Operational responsibility for the developed markets, emerging markets, fixed income, and crypto exchange-traded product liquidity providing trading teams 
  • Ensuring trading systems are up and ready for the market open
  • Ensuring the desk’s positions and PnL are reconciled vs our back office systems at all times 
  • Submitting create-redeem requests and validating confirmations from ETF issuers
  • Booking of manual trades
  • Liaising with treasury to ensure all short positions have locates in place 
  • Maintaining a database of fees, broker commissions and related costs 
  • Manage incident management process on the desk and coordinate with support teams to quickly resolve issues
  • Assist traders with drafting technical requirements of new application features

Requirements:

  • Bachelors degree in a numerical topic such as Economics, Finance, Computer Science, Engineering or Maths
  • Highly motivated individual with extreme attention to detail and a desire to achieve operational excellence 
  • At least 2 years experience in a mid office or front office desk support role in a bank, hedge fund or asset management firm 
  • Comfortable operating in a high consequence environment like proprietary trading 
  • A desire to support and learn from the experienced traders you will be supporting 
  • Demonstrated experience performing as part of a high throughput team 
  • Desire to excel and exceed expectations for all tasks
  • Comfortable with doing manual work with a desire to improve and automate the processes as you learn them 
  • Excellent communicator
  • Highly accountable and able to work independently
  • Strong with Excel, Python, and Power query

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