Macro Execution Trader (Multi-Manager, Multi-Strategy Hedge Fund)
Balyasny Asset Management ·
Location: LondonDepartment: Investment ProfessionalsExperience Level: Experience ProfessionalsContact: Peter AppelJob ID: REQ8385Job Title: Macro Execution Trader (Multi-Manager, Multi-Strategy Hedge Fund)Location: London Firm Overview: Join a world-class macro business at a leading multi-manager, multi-strategy hedge fund.
We provide a dynamic, collaborative environment for top talent seeking impact, innovation, and growth. Our teams span a global footprint, using cutting-edge technology and advanced trading strategies to deliver superior performance.
Role Overview: The Macro Execution Trader will execute trades across a wide range of asset classes—including bonds, interest rate swaps, currencies, commodities, equities and credit indexes through both linear and non-linear structures — for 40+ distinct Portfolio Management (PM) teams.
The role requires exceptional cross-asset knowledge, fast and accurate execution under pressure, and the ability to perform in a high-volume, multi-strategy framework.
Key Responsibilities
- Execute orders across global macro markets with precision and minimal market impact. - Serve as the execution partner to 40+ macro PM teams, ensuring timely, discrete, and efficient trade flow. - Monitor markets, react to liquidity and news, and opportunistically source liquidity to support PM trading objectives. - Work closely with portfolio managers, the central macro management team, risk, operations and technology to continuously optimize trading processes, platforms and workflow. - Provide real-time feedback and market color to internal stakeholders; leverage relationships with sell-side counterparties, brokers, and venues. - Ensure rigorous trade compliance, order management, and risk controls at all times. - Contribute to post-trade analytics and trade cost reviews to improve execution quality. Key
Qualifications
- 5+ years' experience as an execution trader or assistant trader at an institutional asset manager, hedge fund, or investment bank. - Deep knowledge of major macro asset classes: fixed income, FX, futures, interest rate derivatives, equities, commodities and options on all asset classes - Demonstrated ability to trade liquid and less liquid instruments; strong working knowledge of electronic and voice execution tools - Experience with derivatives pricing, market microstructure, and volatility/arbitrage strategies is highly desirable - Excellent communication and relationship management skills; experience working directly with portfolio managers. - High level of integrity, attention to detail, and comfort working in fast-paced, high-pressure settings. - Familiarity with order management and execution management systems (OMS/EMS) and trading algorithms.
The ability to work with multiple businesses within an organization to help improve/build these tools in-house - Strong academic background in finance, economics, math, or related field; advanced degree or certifications (CFA, CQF, FRM) a plus.
What We Offer
- Exposure to a diverse, high-caliber group of strategies and market participants. - Flat, transparent culture with the opportunity to meaningfully impact trading outcomes.