Junior Derivatives Execution Trader – Hedge Fund

Boussard & Gavaudan (BG) is an independent alternative asset manager founded in 2002, with offices in Paris, London and New York. Managing several billion euros in assets, the firm deploys alternative investment strategies across global markets and serves a diverse international client base through AIFs, UCITS funds and listed investment vehicles.We are looking for a highly motivated graduate to join our trading desk as a Junior Derivatives Execution Trader. The role is focused on the execution of investment decisions across derivatives markets. Working closely with portfolio managers and senior traders, you will be responsible for achieving high-quality execution while developing a deep understanding of liquidity, volatility, market microstructure and transaction costs. This is a hands-on markets role suited to someone who combines strong quantitative ability with intellectual curiosity, attention to detail and the ability to remain calm and decisive in fastmoving markets. Key Responsibilities• Execute orders across a range of listed and OTC derivatives, including futures, options, swaps and other derivative instruments.• Monitor markets, liquidity, volatility, spreads and order books in real time.• Determine the appropriate execution strategy, timing, venue, broker or algorithm depending on market conditions and portfolio-manager objectives.• Work closely with portfolio managers to understand execution priorities, constraints and risks.• Interact with brokers, investment banks, electronic trading platforms and other market counterparties.• Monitor orders throughout their execution and react appropriately to changing market conditions.• Conduct pre-trade and post-trade analysis, including transaction cost analysis and assessment of market impact.• Analyse execution performance cross brokers, algorithms and venues and identify opportunities for improvement.• Develop and maintain tools to improve execution monitoring, automation and trading analytics.• Monitor trading and operational risks and ensure execution is consistent with internal risk limits and compliance requirements.• Work closely with Risk, Operations and Technology to ensure accurate and efficient trade processing. DevelopmentThe position offers significant exposure to experienced traders and portfolio managers from day one.As you develop, you will progressively take greater responsibility for execution, broker and algorithm selection, transaction-cost analysis and the development of execution tools.The objective is to develop into a highly skilled derivatives execution trader with a detailed understanding of market microstructure, derivatives, execution technology and risk management. Candidate ProfileWe are looking for a graduate or candidate with up to two years of experience with:• A strong academic background in mathematics, engineering, physics, computer science, economics, finance or another quantitative discipline.• Excellent numerical and analytical skills.• A genuine interest in financial markets and derivatives.• An understanding of basic derivatives concepts, including options, futures, volatility and Greeks.• Programming skills, knowledge of SQL or other programming languages would be beneficial.• A strong interest in electronic trading and market microstructure.• Excellent attention to detail and a rigorous approach to risk.• The ability to process information quickly and make sound decisions under time pressure.• Strong communication skills and the confidence to interact with portfolio managers and external counterparties.• Intellectual curiosity, humility and a strong willingness to learn.Previous experience in derivatives trading is not required. Relevant internships in markets, trading, quantitative finance or asset management would be advantageous.What We ValueWe are looking for candidates who are curious about how markets trade rather than simpl where they will move. An interest in liquidity, volatility, market microstructure, execution quality and transaction costs is essential.The successful candidate will combine intellectual curiosity, analytical rigour and sound judgment. The role requires speed without sacrificing accuracy, confidence without complacency, and a constant awareness of risk. Additional InformationLocation: 69 boulevard Haussmann, 75008 ParisContract Type: Permanent (CDI)Compensation: Competitive package based on profile and experience Why Join Us?• Direct exposure to experienced portfolio managers and traders from day one• Significant responsibility and a steep learning curve in a highly technical role• Entrepreneurial, collaborative and international environment• Opportunity to work at the intersection of markets, technology and data• On-site gymIf you are looking for a challenging opportunity to build a career in derivatives trading and execution within a leading alternative asset manager, we would be delighted to hear from you. 2.16.1.2 2.16.1.2 2.16.1.2 2.16.1.2