Trader

Mediolanum International Funds

  • Dublin
  • Permanent
  • Full-time
  • 1 month ago
Mediolanum International Funds have an exciting position available for a Trader within their Trading team. You will be part of a team in a multi-asset trading desk executing across a range of asset classes for UCITs funds.The successful candidate will be part of a dynamic team, working in a fast paced environment, gaining exposure right across the asset management business. They will create strong relationships with the wider Investment team and contribute to the overall success of the firm.Duties •Multi Asset Trade Execution across fixed income, credit, cash equities, ETFs, FX and derivatives.
  • Executing regular fund of fund rebalancing trades designed to remedy market drift and migrate portfolios back to target.
  • Develop complex trading plans to facilitate portfolio implementation and manage the execution of same.
  • Involved in idea generation, pricing and close out of Structured Products for the Insurance business.
  • Manage Transitions using an appointed Transition Manager.
  • Monitoring actual asset allocation of existing products to ensure compliance with UCITS notices, prospectus limits, internal investment guidelines and model portfolios advised by Investment Management department.
  • Review the daily funds cash-flow process taking appropriate actions as required e.g. advising flows to segregated managers, subscribing / redeeming units from fund of funds' portfolios, adjusting cash management balances etc.
  • Maintaining relationships and open communication with brokers to obtain trade flow information to assist with best execution for trades executed for relevant sub-funds.
  • Communicating market information with the Portfolio Managers and the wider Investment team across asset classes.
  • Responsibility for the overview of hedging procedures designed to maintain hedged class currency exposures within target.
  • Day to day cash management for funds and Dublin operating companies, investing in line with the company's Credit Risk Policy.
  • Preparation of monthly and ad hoc reports.
  • Involved in projects as required.
  • Assist in the enhancement of processes where there is scope.
Skills & Competencies •Ability to perform under pressure and within tight deadlines.
  • Numeracy, accuracy, and attention to detail essential.
  • Ability to communicate information precisely (both orally & written).
  • Be highly motivated with a desire for success.
  • Ability to work on own initiative whilst also being a strong team player within the Trading Team and wider business.
  • Ability to identify issues and develop solutions as part of your day-to-day role.
  • Competent Excel, with programming skills an advantage.
Qualifications & Experience •A Bachelor Honours Degree (Finance, Math's, Economics or other numerate disciplines).
  • 3+ years experience in trade execution.
  • Experience working in an Asset Management company preferably but not a pre-requisite.
  • Detailed knowledge of financial markets, ideally including Fixed Income, Equities, FX, derivatives, structured products and ETF/Mutual Funds.
Applications Close Date

Mediolanum International Funds