Execution Trader

Execution Trader

Who we are:

Pharo Management is a leading global macro hedge fund with a focus on emerging markets. Founded in 2000, the firm has offices in London, New York and Hong Kong and currently manages approximately $8 billion in assets across four funds. Pharo trades foreign exchange, sovereign and corporate credit, local market interest rates, commodities, and their derivatives.  We trade in over 90 countries across Asia, Central and Eastern Europe, the Middle East and Africa, Latin America as well as developed markets. Our investment approach combines macroeconomic fundamental research and quantitative analysis.

Pharo employs a diverse, dynamic team of 110 professionals representing over 20 nationalities and 30 languages. We have a strong corporate culture anchored in core values such as collaborative spirit, creativity and respect. We are passionate about what we do and are committed to attracting the best and brightest talent.

This is a great opportunity to join a market leader with a collaborative culture and contribute to our continued success.

Job description:

We are looking to hire a trader to join our execution team in New York. The execution team handles all trading for the firm. They are a crucial component of Pharo’s global investment team, allowing us to trade in large volumes while minimizing our footprint. Besides executing trades, they are also responsible for giving market colour to the portfolio managers, recommending trade ideas, evaluating liquidity and weighing on investment decisions. They participate in risk meetings and work closely with all our economists and portfolio managers. Execution traders are Pharo’s link to the street and are crucial to maintaining good relationships. We hire individuals who have scope to grow within the firm and who will fit in Pharo’s collegial environment.

Required qualities and skills:

• Graduate with a quantitative degree.
• Strong knowledge of bond maths and options theory.
• Between 1 to 3 years’ experience on a trading or sales desk at a top tier investment bank or buy-side firm (Fixed Income): interest rates trading experience preferred.
• Strong work ethics.
• Solid common sense.
• Emerging markets knowledge and understanding.

Work status and location

• Full time in New York