Head of Trading

The Value of Active Minds
 

About Jupiter

Jupiter is one of the UK’s leading investment management companies with just under 500 employees and £54 billion worth of assets under management (as at 31st December 2025). 

Jupiter provides investment services to individual and institutional investors through mutual funds (UK unit trusts, Luxembourg SICAVs and Dublin OEICs), separately managed accounts and sub-advised funds. Jupiter has experienced a period of international growth with offices open in EMEA and APAC.

The majority of our employees are based in our London office located just minutes from Victoria station which provides stair-free access from both the Underground’s Victoria line and National Rail platforms, as well as limited road crossings to the Jupiter office. Our London office was designed to encourage employees to live active, healthy lives with floor-to-ceiling windows that allow for greater natural light and the benefit of a private balcony, table tennis room, cycle storage and on-site shower and locker facilities. The short distance to Green Park and St James' Park also provides employees with a natural space to relax during their lunch break and a healthy alternative to office-based meetings. 

We offer our UK employees a 3:2 hybrid working arrangement where Tuesdays, Thursdays and a third day of your choice are worked from the office. The other two days may be worked from home.  This facilitates collaboration and allows employees to maximise productivity whilst maintaining a healthy work/life balance.

Background

Over recent years, Jupiter has invested in transforming the front office through automation, data integration and the development of in-house analytical capabilities, with a focus on scalability and data-led decision making rather than large-scale external procurement. The trading desk has been central to that work, building tools that draw on sources including Aladdin Data Cloud, TCA providers and proprietary data pipelines to give traders a richer picture of execution quality and market activity.

The Head of Trading will build on these foundations, providing day-to-day leadership of the desk while remaining hands-on in executing trades when required. The role sits within the Investment Platform function and works closely with portfolio managers, risk, compliance, operations and technology.

Key Responsibilities

• Lead and manage the execution-only trading desk across all asset classes, including equities, fixed income, foreign exchange and derivatives, setting clear objectives and performance expectations for all traders.
• Execute trades across asset classes as required, stepping in to provide hands-on coverage during periods of high volume, absence or market stress, while maintaining the standards expected of the desk.
• Own the execution quality framework, defining and enforcing best execution standards, pre-trade and post-trade analysis, and transaction cost analysis (TCA) across all asset classes.
• Drive the continued development of data-led trading capabilities, including the desk's use of internally built analytical tools, TCA integrations, Aladdin Data Cloud and third-party data sources, to improve execution insight and decision-making.
• Act as the primary point of contact for portfolio managers on all execution matters, communicating clearly on market conditions, liquidity constraints and the practical implications of trading decisions, and supporting the systematic franchise with the scalable execution infrastructure it requires.
• Manage the broker panel, conducting periodic reviews, and ensuring Jupiter meets its regulatory obligations in respect of best execution and related disclosures.
• Ensure the desk operates within Jupiter's risk, compliance and regulatory framework, including MiFID II, FCA requirements and internal governance standards.
• Work closely with the Investment Platform, Technology and Operations teams to evaluate and implement improvements to trading systems, OMS/EMS tooling and automation, with a preference for building on existing capabilities and upskilling the team over large-scale external procurement.
• Provide leadership and professional development to the trading team, ensuring appropriate coverage, succession planning and a clear performance management framework.
• Collaborate with Risk, Compliance and Operations to support effective oversight of trading activity, including contribution to relevant governance forums and internal reporting.
• Monitor market structure developments and regulatory changes, translating these into practical updates to trading processes, systems or policies as required.
• Represent the trading function within the Investment Platform and in wider internal forums, contributing to the ongoing development of the platform's capabilities.

Desired Skills / Experience

• 10+ years' experience in an asset management trading environment across multiple asset classes, with a track record of operating at a senior level on an execution-only desk.
• Hands-on execution capability across equities and fixed income, with the confidence and market knowledge to trade directly when required.
• Deep understanding of best execution obligations, market microstructure and liquidity dynamics across equities, fixed income, FX and derivatives.
• Proven ability to lead and develop a trading team, with experience managing performance, workload and professional development across a diverse desk.
• Experience owning and governing a broker panel, including periodic reviews and oversight commission and related arrangements.
• Strong understanding of transaction cost analysis and execution quality measurement, with practical experience using TCA tools and data integrations to identify and act on improvement opportunities.
• Familiarity with order management systems (OMS) and execution management systems (EMS), Aladdin Data Cloud or similar data platforms, and the ability to engage constructively with technology and vendor relationships.
• Bloomberg, Aladdin, FX All, PowerBI and Virtu Triton/TCA experience desirable
• An interest in building data-led capabilities on the desk, whether through in-house analytical tools, API integrations or third-party data providers, and the ability to work with data and technology colleagues to realise these.
• Good working knowledge of FCA requirements and MiFID II best execution rules, with experience operating within a regulated environment.
• Effective communicator with the credibility to engage portfolio managers, senior stakeholders and external counterparties with clarity and confidence.
• Organised and decisive under pressure, with the ability to manage multiple priorities across fast-moving market conditions.

Additional Role Details

• This role is subject to the Conduct Rules set by the FCA.

• This role is a certified position.

Don’t meet every requirement? At Jupiter we are dedicated to building a diverse and inclusive workplace, so if you are interested in this role, but don’t think your experience aligns perfectly with every listed requirement in the job description, we would encourage you to apply. You may be the right person for this role.