High Touch Trader, Loan Specialist - London, United Kingdom - Man Group plc

Man Group plc

Verified Company

London, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

ABOUT MAN GROUP
Man Group is a global, technology-empowered active investment management firm focused on delivering alpha and portfolio solutions for clients. Headquartered in London, we manage $161.2 billion* and operate across multiple offices globally.

We invest across a diverse range of strategies and asset classes, with a mix of long only and alternative strategies run on a discretionary and quantitative basis, across liquid and private markets.

Our investment teams work within Man Group's single operating platform, enabling them to invest with a high degree of empowerment while benefiting from the collaboration, strength and resources of the entire firm.

Our platform is underpinned by advanced technology, supporting our investment teams at every stage of their process, including alpha generation, portfolio management, trade execution and risk management.

Our clients and the millions of retirees and savers they represent are at the heart of everything we do. We form deep and long-lasting relationships and create tailored solutions to help meet their unique needs.

As at 30 September 2023. All investment management and advisory services are offered through the investment engines of Man AHL, Man Numeric, Man GLG, Man FRM, Man Varagon, Man Global Private Markets and Man Solutions.

MAN CENTRAL EXECUTION TRADING

The Central Trading team maximises the execution alpha within the investment process through market knowledge, trading specialisation, leveraging best in class execution technology and rigorous execution research and TCA.

PURPOSE OF THE ROLE
To provide execution and order placement services to Man's investment engines. For the avoidance of doubt, traders are not permitted to take any investment decisions.

As a High Touch Trader, you will help manage our discretionary strategies and develop a best-in-class trading platform for the firm.

You will be part of a multi asset high touch trading team, with a primary focus on Loan trading for our CLOs, and also assisting on other FICC instruments including but not limited to Single Name Corp Credit (IG, HY, Emerging), Cash & CDS, Converts and ABS.

We look for traders sharing our values of excellence, drive, meritocracy, and integrity.

RESPONSIBILITIES

Specific Responsibilities

Help managing our discretionary trading strategies by maximising our execution platform and technology
Contribute to improvements across signal development, portfolio construction, risk management and trading
Drive development of our trading platform, infrastructure and technology
Use qualitative and quantitative analysis to improve performance of our discretionary strategies
Develop and maintain relationships with our counterparties.

Day to Day Responsibilities

Executing trading activity across the business and relevant products
Liaising with sales traders/brokers on market movements
Predicting how markets will move and buying and selling accordingly
Informing all relevant parties for market flows and liquidity
Adding to the company's understanding of market microstructure, transaction costs, participants and products in the exchange traded products and OTC space
Liaising and partnering with asset managers and analysts on execution implementation
Observing internal trading limits and any other restrictions on scope of delegated authority to act on behalf of designation fund/client
Liaising with asset managers on hedging strategy and portfolio construction where necessary
Managing the execution of subscriptions and redemptions
Coordinating the company's involvement in primary offerings and secondary trading

Regulatory and legal framework

Be aware of and act in accordance with the regulatory and legal framework governing the senior trader's activities, including in particular any relevant market abuse rules
To the extent applicable, understand and abide by relevant market risk limits and thresholds and prudential levels

Policies and Procedures

Know, understand and comply with Man's Global Compliance policies and any internal procedures relevant to the senior trader's business activities and with the requirements set out in Man's Staff Handbook and Global Code of Ethics as well as any global, regional and local compliance manuals
Obtain appropriate authorisation to trade pursuant to the PM's recorded instructions
Report regularly to their appointed line manager
At the end of each day, ensure that all transactions for which the senior trader is responsible for executing, have been recorded in the trading system correctly
Report any potential regulatory concerns to Compliance and to the appointed line manager. This includes any market activity of a suspicious nature as well as known or suspected breaches of regulation, exchange rules or firm policy

Best Execution