Junior Trading Analyst


WE ARE TYLER CAPITAL

We are a close community of diverse but like-minded people who enjoy solving hard problems and creating amazing things together. We thrive on doing things differently, challenging our competitive industry with novel approaches and first class intelligence. We keep things human here; we are one unified team aiming for greatness, and we hate bureaucracy. We’ve been this way since 2003. We are proud to declare that we are a market leader in our space. Our job is to remain so in the future. 

We are not for everyone. A lot of companies talk about “fit”. We live it. We will never hire someone if they do not fit within our community, even if they have all the skill and experience we need. Our people are Tyler Capital so we are protective of each other and the environment we create. However, those that are right for us can expect to be welcomed to an amazing team with open arms, enjoying a flexible and dynamic work environment where you’ll only ever be asked to be yourself. Your ideas count, insights are shared openly and failing is OK. We are students of the future, pioneering ways of creating extreme value and challenging conventional wisdom all the time. 

What we “do” is trade the markets. What’s really cool is how we do this. We are at the forefront of adaptive learning and cutting edge technology. We are building deeply automated systems, using some of the most sophisticated machine learning techniques in the world. Some people in our industry think we are crazy for this approach; we think they are redundant. We want to surround ourselves with people who share our values, and our love for machine learning. We are as friendly as we are fierce in our determination to compete in the markets in this particular way. We are proud of our ability to produce consistently high returns and our commitment to sharing the treasure we generate with everyone at Tyler. 

You will work alongside highly credible developers and traders, solving interesting problems within a cross-disciplined team. You will use your talents each day on something meaningful, we promise. We aren’t just looking to develop your career; rather we look to develop you and your potential. You will be challenged, you will learn and you will grow. 

Our vision is to be a home to limitless opportunity, creating new ways to trade any market, anywhere. If you dare to dream and are ready to join a conspiracy for greatness, then we want to talk.

OVERVIEW OF THE ROLE

This role as a Junior Trading Analyst offers the opportunity to work on one of the largest human trading books in the STIR futures markets, within a credible and passionate cross-disciplined team. You will  manage and own the curve pricing methodology, work to update and automate it using your programming, analytical and problem solving skills, as well as manage the process in a real-time trading environment. Through the development and use of these tools, coupled with an understanding of trading strategies and fundamentals, you will progress to become an integral member of the team, able to add value in the areas of research, prototyping, design, implementation and trading, amongst others.

KEY ACTIVITIES & RESPONSIBILITIES

• Supporting the human trading environments within the business from 07:00 - 18.00;
• Own the curve pricing methodology, analyse, suggest and implement updates and improvements;
• Automate the curve pricing methodology as far as reasonably possible;
• Manage and maintain accurate curve pricing throughout the trading day; 
• Monitor and report on trade flow;
• Understand and work with the exchange implied pricing/fill algorithm, in order to further develop our systems and tools;
• Gain and maintain a deep knowledge/understanding of the team’s portfolio and trading approach as well as the state of the market and wider fundamentals;
• Creation and development of new ideas, in areas such as slippage reduction, risk mitigation, pricing, trading approaches, cross-market strategies and trading    systems;
• Cover the trading book from time to time once proficient.

PERSONAL ATTRIBUTES

• Ability to work in our team and in our culture where appreciation, togetherness and brilliance is expected;
• Strong, committed character, driven to achieve success;
• Relentless and persistent in the face of very challenging problems;
• Ability to work calmly and communicate clearly, under pressure and within a fast-paced environment;
• Ability to have an analytical, data-driven, scientific approach, balanced with the acceptance that this is not the only manner in which to approach market     activities;
• A keen sense of risk and value and the ability to balance these under extreme pressure;
• Creative approach to problem solving.

ESSENTIAL SKILLS & QUALIFICATIONS

• First class degree (or equivalent) from a leading institution in Mathematics, Computer Science or other relevant field;
• Previous experience in Regression and Curve Fitting;
• Experience prototyping, developing and delivering trading related models and tools;
• In-depth understanding of programming paradigms and ability to adapt these to real world problems;
• A good knowledge of the financial markets;
• Good knowledge of Microsoft Excel;
• Experience working with datasets.

HIGHLY DESIRABLE SKILLS & EXPERIENCE

• Experience within a financial organisation, preferably in the form of a portfolio/market facing role such as a trader, analyst or algorithmic trading   designer/developer;
• Python (including use of NumPy, SciPy and Pandas);
• Knowledge/experience of market microstructure;
• Experience in research and data/correlation analysis.

BENEFITS WE OFFER

• Competitive salary; 
• Annual total compensation review (including potential cash bonus and shares);
• Company share option scheme;
• Generous, portable contributory pension scheme with Aegon, company contributions rising to 7%; 
• Private health insurance, family members can be paid for by employee; 
• Flexible working hours / potential to occasionally work from home; 
• 25 days annual leave; 
• Maternity and paternity benefits; 
• Gym membership at a choice of two of London's best gyms; 
• Free meditation and yoga sessions
• Life Assurance/Death in Service; 
• Childcare Voucher Scheme; 
• Corporate Dental Discount. 

Any offer of employment is conditional upon receipt of satisfactory references and pre-employment screening checks.