Trade Support Specialist

COMPANY/DEPARTMENTAL OVERVIEW

The Firm:     

Brevan Howard Investment Management is one of the leading absolute return/hedge fund managers, overseeing assets on behalf of institutional investors from around the world, including pension funds, endowments, insurance companies, government agencies, private banks, and fund of funds.

Brevan Howard was founded in 2002 and launched its flagship global macro strategy in April 2003.The firm currently manages over $34bn and engages predominantly in discretionary directional and relative value trading in fixed income, FX markets, and equities. BH Digital, a division within Brevan Howard that manages crypto and digital asset strategies was launched in 2022.

The firm currently employs over 1,000 personnel worldwide, including over 400 investment professionals. This global presence gives Brevan Howard the ability to identify and source attractive investment opportunities, as well as investment management talent wherever they may be. Brevan Howard has won several industry awards for excellence in risk management, operational robustness, and investment performance.

The firm’s main hubs are in London, Jersey, Geneva, New York, Austin, Hong Kong, Singapore, Abu Dhabi and Bengaluru.

MAIN DUTIES/RESPONSIBILITIES OF THE ROLE: 

The Trade Support team forms part of the Operations department, supporting trading activities across a diverse client base and product range. The role is focused on ensuring the complete, accurate and timely capture of trades and lifecycle events, as well as directly supporting a number of Portfolio Managers. The core services, processes and controls are provided to clients to ensure accurate risk and P&L capture.

The core services provided by the Trade Support Specialise /Trader Assistant are as follows:

Trade Capture and Lifecycle Management

• Monitoring trading activity
• Trade booking and ensuring the accurate trade capture of voice and electronic executed transactions
• Compliance with regulations and internal policies with respect to trade execution and capture

Static Data Management

• All elements of instrument data set up and maintenance
• Onboarding of clients, traders and funds
• Support for static to aid the STP of trade capture

Affirmation of Client Positions

• Ensure positions and trade details recorded in internal systems match external counterparties on T0
• Facilitate the timely resolution of position and trade breaks

Process Improvement and Projects

• New business initiatives: Including set up of new traders and products
• Process Improvements: Including technology enhancements
• Enhancing knowledge through training and maintenance of team procedures and policies
• Completing event reviews and implementation of risk mitigation improvements

The role entails working closely with execution traders and portfolio managers across a number of clients. An ability to prioritise based on risk profile is critical, as is a clear and concise communication approach with clients.

The role also requires close working relationships with a number of internal partners including the COO team, Middle Office and Operations, Fund Control, Investor Relations, Fund Risk and Quants. Occasionally coverage across the wider operations function may be required

PERSON SPECIFICATION

WORK EXPERIENCE/BACKGROUND

Essential

• Undergraduate degree in a numerate discipline
• A strong understanding of financial markets and different financial products
• Execution, mechanics and analytics
• Front to back processes
• Market infrastructure
• An excellent knowledge of operational risk and risk mitigation utilising technology, process and controls.
• Minimum 3 years of trade assistant/trade support experience.

Desirable

• Advanced excel and knowledge of VBA, SQL, Python or other programming languages.
• Good problem-solving capabilities, evidence of process improvements
• Cross asset class experience: FI, FX, Credit, Rates, Equities, ETDs

OTHER REQUIREMENTS

• Strong work ethic and attention to detail
• Excellent communication skills
• Enthusiastic and flexible
• Excellent written and spoken business English
• High personal initiative and personal responsibility
• Ability to work effectively in a Front-office environment
• Ability to manage work priorities and delegate appropriately
• Highly proactive and industrious work ethic with the ability to work independently and as a team