Derivatives Trader Specialist
1 day ago
The Derivatives Trader will support the business in managing significant trade volumes, focusing on trade reconciliation, currency risk management, and position risk management.
- Manage daily trading activities for various derivatives products such as single stock swaps, index swaps, and ETFs.
- Develop and implement trading strategies with a focus on optimizing returns and managing risk.
- Liaise with onshore brokers, clearinghouses, and custodians for cash and margin management.
- Oversee the reconciliation of trades, monitor currency and position risk, and ensure adherence to risk management protocols.
- Collaborate with Technology, Operations, Quant Strategists, Product Control, and Risk Management teams to enhance existing trade structures and develop new tools.
**Requirements:**
- Degree in finance, Mathematics, Statistics, Engineering, or any other relevant degree.
- 8-10 years of experience in derivatives trading, with a focus on Delta One products.
- Strong knowledge of financial markets and derivatives products, including equity swaps, ETFs, and custom baskets.
- Existing relationships with Institutional clients.
- Proficiency in Python or VBA is a plus.
- Strong analytical and quantitative skills.
- Ability to work well under pressure, manage multiple tasks, and collaborate with various teams.
- Self-motivated and proactive, with a strong desire to continuously learn and adapt to market conditions.
**Compensation:** We offer a competitive salary of **$150,000 - $200,000** per annum, commensurate with experience. Additionally, we provide comprehensive benefits, including health insurance, retirement plan, and generous paid time off.
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