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Concrete Structure

EDUCATION & EXPERIENCE

ABOUT ME

toby carrodus, quantitative researcher - hedge fund analyst - trader

Toby Carrodus

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I am a dedicated investment professional with a genuine passion for trading. I am particularly interested in systematic trading strategies and enjoy working with large datasets in Python. I have experience spanning multiple asset classes (bonds, FX, commodities, equities) and instruments (futures, swaps, cash and options). Throughout my career, I have worked in a variety of functions, ranging from quantitative research to client-facing roles.

Experience

Quantitative Analyst, Prop Trading Firm | 2018-2022

  • Designing, researching and overseeing medium-frequency (intraday) systematic trading strategies covering currencies, commodities, bonds and equity indices

  • Project management of trading strategies from an exploratory data and hypothesis phase through to formal presentation of results and real-time implementation

  • Sourcing and cleaning data; analyzing large datasets with Python

  • Monitoring slippage and adjusting transaction cost models; conducting attributions

  • Collaboration with developers to implement research into live production systems

  • Building general research infrastructure

Investment Solutions Associate, Winton Capital | 2016-2018

  • Product specialist for systematic futures and event-driven strategies; requires detailed knowledge of strategies to provide explanations to family offices, pension boards, sovereign wealth funds and fund of fund allocators

  • Regular presentations of investment strategies at industry conferences and events throughout APAC; collaborating with investors to create tailored investment solutions ​

Macro Research Analyst & Trader, MST Capital | 2014-2016

  • MST (Macro Strategic Trading) was a macro hedge fund with an APAC bias that traded across asset classes (rates, credit, commodities, FX and equities) and instruments (cash, swaps, futures, forwards and options)

  • I provided direct support to the CIO to manage a global macro portfolio with discretion to manage investments positions; execution across asset classes and instruments; hedging and funding non-USD instruments; rolling daily FX balances; trade booking

  • Macroeconomic research for the Investment Committee; designed and implemented position sizing techniques for PM’s to achieve portfolio target volatility;  

  • Research, evaluation and implementation of systematic trading strategies using Python with a focus on liquid futures markets

Account Management & Portfolio Management Associate, PIMCO | 2012-2014

  • Building dynamic templates with SQL, Excel/VBA, Bloomberg and proprietary software; reporting on risk metrics, portfolio positioning and attributions 

  • Providing market commentary and assistance to Account Managers to prepare for client meetings; responding to market and client driven ad-hoc requests

  • Collaborating with Portfolio Managers on all aspects of managing investment grade credit and high yield bond portfolios (US$34.4bn), including monitoring and adjusting interest rate duration, curve positioning, spread duration, FX exposure, leverage and cash; use of VBA to automate regular tasks

  • Maintaining target carry exposure from futures roll yield, cash yield curve roll-down, FX carry and theta; modelling risk impacts of trades and ensuring pre-compliance (incl. cash bonds, IRS, CDS, futures, FX)

EDUCATION

Humboldt-Universität zu Berlin, Berlin, Germany | 2009-2011

       ​M.Sc. Economics

  • Master dissertation on “Estimation & Evaluation of Risk in Artificially-Smoothed Asset Returns of Illiquid Assets via the Getmansky et. al. Method”

  • Scholarship: Friedrich-Naumann Stiftung für die Freiheit (2009 – 2011)

  • Bursary to participate at the International Summer School in Economics, Havana, Cuba

  • Courses included: Econometrics, Time Series Analysis, Panel Data, Quantitative Methods

Australian National University, Canberra, Australia | 2005-2009

       Bachelor of Economics & Bachelor of Arts

  • Scholarship: ANU/UniSA Economics Summer Resarch Scholarship to conduct research on regulation of state utilities

  • Scholarship: Baden-Württemberg Stipendium for an exchange year at the Albert-Ludwigs Universität, Freiburg, Germany (2007 – 2008)

  • Goethegesellschaft Prize for outstanding achievements in advanced German, Canberra (2007)

  • Invited for Honours in Applied Economics, Canberra (2009)

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