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Junior Trader

  • Job
    Full-time
    Junior, Mid & Senior Level
  • London

AI generated summary

  • You need 2–5 years in trading, experience with fixed income products, familiarity with programming, strong analytical skills, and established banking connections in Japan/Asia.
  • You will execute orders, manage risk, analyze portfolios, enhance automation, assist in research, and prepare PnL reports while collaborating with stakeholders and contributing to strategy discussions.

Requirements

  • 2–5 years of experience in a trading or risk-taking environment
  • Execution experience in all the major fixed income products, bonds, swaps, cross-currency, swaptions. Deep understanding of volatility products.
  • Background in a hedge fund, investment bank, or asset manager (e.g., sales, trader, analyst, or strategist)
  • Experience with order and risk management systems
  • Established network within major banks operating in Japan and ex-Japan Asia
  • Familiarity with at least one programming language (e.g., Python, R, or VBA)
  • Strong attention to detail and analytical mindset
  • Effective communication skills and ability to work in a collaborative, team-oriented environment

Responsibilities

  • Execute orders across Fixed Income relative value and volatility strategies during Asia hours
  • Contribute to qualitative analysis through constant communication with key stakeholders in the dealers’ community
  • Manage orders and monitor risk
  • Oversee daily portfolio activity, including troubleshooting PnL discrepancies
  • Assist in improving desk automation and trade workflows
  • Participate in quantitative research and analysis projects
  • Contribute to strategy and idea generation discussions
  • Support the preparation of daily and periodic PnL, risk, and customized reporting

FAQs

What is the location of the Junior Trader position?

The Junior Trader position is based in London.

What type of trading strategies will the Junior Trader be involved with?

The Junior Trader will execute orders across Fixed Income relative value and volatility strategies.

What are the primary responsibilities of a Junior Trader at Capstone?

Key responsibilities include executing orders, managing risk, overseeing portfolio activity, improving desk automation, participating in quantitative research, and contributing to strategy discussions.

What is the required experience for this position?

Candidates should have 2-5 years of experience in a trading or risk-taking environment.

What fixed income products should candidates be familiar with?

Candidates should have execution experience in all major fixed income products, including bonds, swaps, cross-currency, and swaptions, with a deep understanding of volatility products.

What type of background is preferred for this role?

A background in a hedge fund, investment bank, or asset manager, in roles such as sales, trader, analyst, or strategist is preferred.

Is experience with programming necessary for this position?

Yes, familiarity with at least one programming language (e.g., Python, R, or VBA) is preferred.

What qualities are important for the Junior Trader to possess?

Strong attention to detail, analytical mindset, and effective communication skills in a collaborative, team-oriented environment are important.

Will the Junior Trader be involved in reporting?

Yes, the Junior Trader will support the preparation of daily and periodic PnL, risk, and customized reporting.

How important is networking within the banking community for this role?

An established network within major banks operating in Japan and ex-Japan Asia is considered an important qualification.

We see the world differently. Capstone is a global, alternative investment management firm.

Finance
Industry
51-200
Employees
2007
Founded Year

Mission & Purpose

Capstone is a global, alternative investment management firm operating across a broad range of derivatives-based strategies with a deep understanding of volatility. With approximately $9.4 billion of AUM and 262 employees (as of March 1, 2023), Capstone was formed in 2007 and is headquartered in New York with offices in London, Amsterdam, Hong Kong, Los Angeles, Stamford, and Boston. Through strategic insight, market-leading expertise and advanced technology, we seek to anticipate and harness the complexities of world markets, creating unique opportunities for our clients, team and industry.