Systematic Macro Execution Trader

About the Role

• Execute systematic macro trading strategies across multiple asset classes including Fixed Income, FX, Equities and Commodities.
• Provide high quality execution across both electronic and voice venues whilst ensuring best execution principles are maintained.
• Partner closely with Systematic Portfolio Managers, Quant Researchers and Technology teams to facilitate efficient strategy implementation.
• Monitor algorithmic execution performance and identify opportunities to improve execution quality and reduce transaction costs.
• Maintain a thorough understanding of systematic trading workflows, execution algorithms, market microstructure and liquidity dynamics.
• Independently monitor global markets, identify execution risks and proactively manage trading throughout varying market conditions.
• Take ownership of execution decisions within defined risk parameters whilst escalating issues appropriately.
• Ensure accurate and timely execution of trades whilst maintaining robust operational controls.
• Work closely with Operations, Middle Office, Risk and Technology teams to ensure seamless trade lifecycle management.
• Assist in the testing, implementation and rollout of new execution platforms, broker connectivity and systematic trading infrastructure.
• Develop and maintain strong relationships with brokers, liquidity providers, exchanges and execution counterparties.
• Support continual enhancement of execution processes, automation and trading analytics.
• Contribute to the firm's execution framework through data-driven analysis and process improvements.
• The scope of responsibilities will evolve in line with the requirements of the Head of Central Execution and the wider Systematic Macro platform.

SPECIAL CIRCUMSTANCES

• Market coverage will typically align with global macro trading hours, with flexibility required around major market events.
• Occasional extended hours may be required during periods of heightened market volatility or significant economic releases.
• Participation in weekend testing, platform upgrades or project implementation may occasionally be required.

WORK EXPERIENCE/BACKGROUND: 

Essential 

• Minimum 5 years' experience in an execution trading role within global macro or systematic investment strategies.
• Experience executing across multiple asset classes including Rates, FX, Equities and Commodities.
• Strong understanding of systematic and quantitative investment strategies.
• Experience supporting systematic Portfolio Managers or Quantitative Trading teams.
• Deep understanding of market microstructure and electronic execution.
• Ability to work independently with minimal supervision while maintaining high standards of judgement and risk awareness.
• Proven ability to operate effectively under pressure within fast-moving global markets.
• Strong communication and stakeholder management skills.

• Demonstrated ability to identify execution improvements and optimise trading workflows.

Desirable

• Experience within a leading hedge fund or systematic asset manager.
• Experience working alongside Quantitative Researchers and Technology teams.
• Knowledge of transaction cost analysis (TCA) and execution performance analytics.

Technical Skills

Essential

• Strong understanding of institutional execution workflows and market conventions.
• Experience using institutional OMS and EMS platforms.
• Strong analytical skills with the ability to interpret trading and execution data.
• Advanced Excel skills.

Desirable

• Experience with Bloomberg, Tradeweb, MarketAxess, FlexTrade or comparable execution platforms.

Competencies

• Entrepreneurial and commercial mindset.
• Self-motivated and capable of operating independently with limited supervision.
• Strong ownership mentality with the confidence to make informed execution decisions.
• Excellent attention to detail and ability to make accurate decisions under pressure.
• Highly organised with excellent prioritisation skills.
• Strong problem-solving capability with a continuous improvement mindset.