European Finance Observatory

Markets, Trading & Research

Trading Analyst

BriefYour role

Also known as Financial trader · Foreign exchange trader · Futures trader · Securities trader

and 8 moreStock trader · Arbitrageur · Derivatives trader · Equity trader · Financial instruments trader · Financial trader trainee · Financial trading expert · Financial trading specialist

L3 salary
Not published yetSalary figures open with the salaries section.
Upcoming dated changes
None datedNo change with a date ahead affects this role directly.
Top critical skills
  1. Risk measures and sensitivities
  2. Financial markets knowledge
  3. Derivatives and how they work

See all levels

What the role does

Trading Analyst is a role in Markets, Trading & Research. The family covers trading, sales, research and brokerage in financial markets. The core skill is risk measures and sensitivities, and the main work is market risk measurement and P&L and valuation control.

This is a brief profile written from the catalogue. A full profile with a day in the life, level descriptions and the effect of AI is being written.

Levels

  1. L1 Starting out 0-2 years
  2. L2 Independent 2-5 years
  3. L3 Senior or specialist 5-9 years
  4. L4 Leads a team or an area 8-14 years
  5. L5 Leads the function 12+ years
Full level descriptions and job titles

The EFO level names are the common scale; job titles differ between employers.

LevelWhat the work looks likeTypical yearsTypical job titles
L1 Starting outLearns the job; executes defined tasks with supervision0-2Banks: Analyst, Junior Analyst, Associate (asset servicing), Trainee, GraduateAsset servicers: Junior, Specialist (entry), Officer
L2 IndependentOwns a process end to end; trains L1; first contact for the team's clients2-5Banks: Analyst / Senior Analyst, AssociateAsset servicers: Specialist, Senior Specialist, Senior Officer
L3 Senior or specialistDeep expertise; handles exceptions and change; represents the function in projects5-9Banks: Senior Associate, AVP, Assistant ManagerAsset servicers: Senior Specialist, Expert, Team Lead (small team)
L4 Leads a team or an areaManages people or a large process; owns budgets or controls; escalation point8-14Banks: VP, Manager, Senior ManagerAsset servicers: Team Lead, Manager, Head of Section
L5 Leads the functionAccountable for the function in a legal entity or region; sets priorities and standards12+Banks: Director, Executive Director, Managing Director, Head of functionAsset servicers: Head of Department, Director

Specialisations

Specialisations share most of the role and differ in the skills listed here.

Electronic Trading Analyst

Critical skills: Risk measures and sensitivities, Financial markets knowledge, Derivatives and how they work

Matches your search

Execution Trader

Critical skills: Risk measures and sensitivities, Financial markets knowledge, Derivatives and how they work

Matches your search

Flow Trading Analyst

Critical skills: Risk measures and sensitivities, Financial markets knowledge, Derivatives and how they work

Matches your search

Skills

The percentage is the skill's share of the role; the bars are drawn relative to the anchor skill, which is shown full.

Critical 5

The job cannot be done without these.

Important and supporting skills 17

Important 8

Needed in most positions.

Supporting 6

Help in many positions.

Useful 3

Occasionally useful.

Processes

The work the role takes part in.

What each process covers
  • Market risk measurementMainMeasuring sensitivities and potential losses on trading positions.
  • P&L and valuation controlMainProducing and explaining daily P&L and independently checking prices.
  • Collateral and marginingSupportingCalling and posting collateral against exposures, and resolving disputes.
  • Conduct and investor protectionSupportingSuitability, product governance, disclosures and fair treatment of clients.

Dated changes for this role

No dated change for this role

No change with a date ahead names one of this role's main processes. The Regulatory calendar lists every change.

Worth knowing

Changes that touch a process this role takes part in as a secondary task.

See all 5 in the Regulatory calendar

Salary snapshot

Salary figures are not published yet

The L3 salary range for this role, with its sources, will appear here when the salaries section opens.

Certifications

Concepts to know

All 24 concepts

Neighbouring roles

Roles that need many of the same skills, by weighted skill overlap, with the skills you would need to add.

Market Risk Analyst

66% skill overlap

To add: Model validation and governance, Professional written communication

Your role

Model Validation Analyst

63% skill overlap

To add: Model validation and governance, Professional written communication

Your role

Traded Risk Analyst

63% skill overlap

To add: Model validation and governance, Professional written communication

Your role

Structuring Analyst

60% skill overlap

To add: FX risk and hedging instruments, Commercial acumen and business sense, Professional written communication

Your role

Operational Risk Analyst

59% skill overlap

To add: Operational resilience and ICT risk rules (DORA and equivalents), Model validation and governance, Professional written communication

Your role

Securitisation Analyst

51% skill overlap

To add: Securitisation and structured finance, Credit analysis and creditworthiness, Commercial acumen and business sense

Your role

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Sources