Associate Cross-Asset Trader

Job Description

To provide execution and order placement services to Man's investment platforms.

Responsibilities

• Be aware of and comply with the regulatory and legal framework governing the trader's activities, including but not limited to market abuse rules
• To serve as the first point of contact and be able to communicate market risk limits, thresholds, and prudential levels
• To provide daily, weekly, and monthly P&L statements

Products and Procedures

• Know, understand, and comply with Man’s Global Compliance policies and any internal processes relevant to the trader’s business activities, as well as the requirements set forth in Man’s Staff Handbook and Global Code of Ethics, and any regional or local compliance requirements
• Ensure that accurate records are kept so that all transactions are accounted for; otherwise, the trader's profit and loss will not be recorded.
• Transactions executed by the trader in accordance with the manager’s instructions have been consistently recorded in the trading system
• Report to the Global Head of Compliance in the event of any issues and to the designated line manager
• Investigate and ensure compliance with regard to received confirmations
• Monitor market activity for signs of market abuse and report any suspicious activity, as well as any known or suspected violations of regulations, exchange rules, or company policy

Best Execution

• Continuously improve processes to ensure that Man meets its best execution obligations for its clients
• Manage, continually review, and challenge implementation decisions
• Review frameworks for the ongoing evaluation and improvement of the execution process to minimize slippage and market impact risks
• Application of quantitative methods, combined with trading experience, to determine and discuss with the portfolio manager the optimal execution strategy that best aligns with the portfolio manager's trading and investment objectives

Leverage, Technology

• Provide trading technology to enhance execution tools and performance
• Improve technology to help automate workflows
• Drive the development of our trading platforms, infrastructure, and technology
• Drive the application and quantitative analysis to measure the performance of our systematic and discretionary strategies

Broker Selection Evaluation/Review

• Overseeing the broker roster and ensuring the proper allocation of order flow, taking into account metrics such as broker performance, market impact, execution research, and operational efficiency
• Feedback to brokers on areas for improvement, rankings, etc.
• Provide daily, weekly, and monthly analysis of the timeliness of trade matching
• Liaise with operations teams to ensure there are no disruptions or gaps in communication with brokers that could cause process bottlenecks, leading to missed opportunities in the pursuit of best execution

Operational and Technical Considerations

• Ability to cancel or bounce an order in the order book, based on the portfolio manager's recorded instructions, if necessary (this should not be a routine daily practice)
• Experience with market data (Bloomberg, market data feeds)
• Continue to be able to manage P&L holdings
• Practical experience and in-depth knowledge of trading

Key Skills & Experience

• 1–3 years of trading experience at a financial institution or relevant technical experience
• Advanced skill level - programming languages such as Python and SOG
• Developing an understanding of market microstructure
• A hands-on approach; willing to get involved with technology and projects throughout the firm
• A strong academic record and a degree from a leading university
• Attention to detail and a disciplined approach. Able to work under pressure and in a fast-paced environment, with the ability to thrive
• Intellectually strong with a highly analytical approach to problem-solving. Curious, entrepreneurial, and innovative, and eager to get involved with technology and projects across the firm
• Strong interpersonal skills to facilitate communication across investment management teams and regions, with other teams, and externally
• Team player: collaborative, customer-focused, and results-driven
• Strong proficiency in written and spoken Mandarin
• W