Junior Execution Trader

Role Overview

The Junior Execution Trader role provides direct exposure to the execution function within a hedge fund, supporting the CIO in implementing investment decisions across Japanese equities.

This role sits at the intersection of portfolio management, trading, and market microstructure, with responsibilities spanning trade execution, market monitoring, and trade lifecycle coordination. The position is suited for both fresh graduates and candidates with relevant experience, with responsibilities scaled based on prior exposure and performance.

The role is designed to develop a disciplined and reliable execution professional who can independently manage order flow, interact with counterparties, and contribute to best execution practices within a regulated fund management environment.

Role Structure and Responsibilities

1. Trade Execution & Order Management

·      Execute equity orders in accordance with CIO instructions and strategy requirements

·      Manage order entry, amendments, and allocations across OMS/EMS systems

·      Monitor live orders and market conditions to optimise execution outcomes

·      Apply judgment on execution tactics within defined guidelines

·      Ensure timely and accurate booking of trades

2. Market Monitoring & Execution Support

·      Monitor Japanese equity markets, including price action and liquidity

·      Provide real-time feedback to the CIO on market conditions and execution progress

·      Track order status, fills, and outstanding exposures

·      Coordinate with brokers to source liquidity and manage execution risk

3. Trade Lifecycle & Post-Trade Coordination 

·      Verify trade details against broker confirmations and internal records

·      Liaise with middle office, fund administrators, and brokers to resolve issues 

·      Assist in monitoring settlement cycles and handling trade exceptions 

·      Maintain accurate execution records and audit trails 

4. Broker & Counterparty Interaction 

·      Develop working relationships with broker trading desks 

·      Support evaluation of broker performance and execution quality 

·      Coordinate trade inquiries and allocations with counterparties 

5. Risk Control & Compliance 

·      Adhere strictly to trading limits and internal compliance policies 

·      Support pre-trade and real-time risk checks 

·      Maintain discipline around MNPI awareness 

·      Ensure proper documentation aligned with regulatory expectations 

Progression and Development

Years 1–2:

·      Build core competency in order execution and trading systems

·      Develop familiarity with Japanese market structure

·      Execute trades under supervision with increasing autonomy

Year 3 Onwards:

By Year 3, the Operations Specialist is expected to:

·      Execute trades independently

·      Act as a dependable execution partner to the CIO

·      Manage broker relationships and contribute to best execution outcomes

·      Support improvements in execution processes

Required and Preferred Qualifications

Required

·      Degree in Finance, Economics, Business, or related discipline

·      Strong attention to detail and ability to operate under pressure

·      Willingness to support Japanese market trading hours

·      Proficiency in Japanese (spoken and written)

·      High level of discipline and professionalism

Preferred

·      Prior experience in trading or capital markets

·      Familiarity with equities trading and OMS/EMS platforms

·      Understanding of hedge fund strategies

·      Ability to work effectively in a small, high‑accountability team

What Alcea Offers

·      Direct exposure to the CIO

·      Hands-on experience in execution

·      Early responsibility in a front-office role

·      Interaction with brokers and market participants

·      Professional environment focused on long-term development