Senior Trader

The Team:

The Global Trading team is in charge of the execution of the flow across all asset classes and regions on behalf of Man Groups investment engines. With more than 30 traders operating from our 5 trading hubs (London NYC Boston Hong Kong Shanghai) the teams DNA combines the best from both our quantitative and discretionary expertise.

Purpose of role:

The Senior Trader will be a critical member of the trading desk responsible for the efficient and cost-effective execution of orders across multiple asset classes. Working in close partnership with portfolio managers quantitative researchers and technologists the successful candidate will ensure best execution while contributing market intelligence and strategic insight to the broader investment process. This is a high-impact senior role requiring deep market expertise leadership capability and a strong understanding of both systematic and discretionary trading environments.

Responsibilities:

Policies and Procedures

• Know understand and comply with all Global Compliance policies internal procedures and the Staff Handbook.
• Ensure all transactions are authorized by the PM and correctly recorded in the trading system by the end of each day.
• Report regulatory concerns suspicious market activity and regular updates to Compliance and the appointed line manager.

Best Execution

• Continue to improve processes to ensure Man meets its Best Execution obligations for clients.
• Evaluate bank value through toxicity analysis to identify areas of potential alpha leakage.
• Ensure broader trading team monitoring of flow including slippage spreads bank performance and flow impact.

Maximise alpha retention post investment decision through

• Robust framework for continuous evaluation and improvement of the execution process to minimise slippage and explicit trading costs.
• Application of quantitative methods combined with trading experience to decide optimal execution strategies with PMs.

Marketplace experts

• Deliver filtered market intelligence to PMs Sectors and Risk.
• Understand market positioning including micro and macro catalysts.
• Relay market colour insight and ideas to PMs regarding potential investment opportunities.

Execution experts

• Act as market microstructure specialists to execute hedging overlays and factor exposures based on PM instructions.
• Explore new venues and liquidity opportunities to add capacity to investment strategies.
• Suggest new markets and facilitate their implementation into the PMs investment management process.

Leverage trading technology

• Develop trading technology to improve the execution toolkit.
• Support the use of technology to help automate workflow.
• Identify flow that is suitable for electronification.

Leverage the Execution Research Team to

• Evaluate broker and venue performance (including liquidity types and execution stacks) to enable optimal execution outcomes.
• Oversee the broker roster to ensure proper flow allocation based on performance metrics coverage and operational efficiency.
• Provide feedback to executing brokers regarding rankings and areas for improvement.

Operational & workflow considerations

• Assist Middle Office to ensure timely matching of trades.
• Liaise with operations teams to ensure no disruption or backlog with brokers that could result in missed execution opportunities.

Experience / Qualifications:

• Minimum 6 years of front-office trading experience with a strong preference for buy-side hedge fund or asset management backgrounds.
• Experience of trading across Corporate Cash Credit illiquid IG HY and / or EM with a focus on best execution.
• Bachelors degree (minimum) in Finance Economics Mathematics Engineering or a related quantitative discipline.
• Significant experience sourcing liquidity and managing broker/counterparty relationships at a senior level.
• Experience mentoring junior members of a trading team.
• Expert proficiency with Bloomberg Terminal and major OMS/EMS platforms (e.g. FlexTrade Charles River MarketAxess TradeWeb etc).
• Strong understanding of transaction cost analysis (TCA) tools and methodologies.
• Python skills desirable.
• Familiarity with electronic trading venues FIX protocol and market data infrastructure.

Personal Attributes

• Exceptional judgement and composure under pressure in fast-moving markets.
• Outstanding communication and relationship-building skills across internal and external stakeholders.
• Highly analytical with strong attention to detail and a rigorous approach to risk.
• Collaborative team player with a proactive solutions-oriented mindset.
• Strong commercial awareness and a genuine passion for financial markets.