Trader - Derivatives

2 weeks ago

New York, United States Spark Talent HQ Full time
Job DescriptionJob Description

Trader, VP

$150,000 Base Salary plus Discretionary Bonus

Reports to: Head of Trading/Co-Head of Derivatives Engine
Corporate Title: Vice President
Job Location: New York, NY

Candidate should come from the Sell-Side, with 2-5 years' experience. Familiar with Exotic Traders and operate globally. - Engineering background.

Our client, a global financial services platform, providing essential liquidity, market access and infrastructure services to clients in the energy, commodities and financial markets.

The Group provides comprehensive breadth and depth of coverage across four core services: Market Making, Clearing, Hedging and Investment Solutions and Agency and Execution. It has a major franchise in many major metals, energy and agricultural products, executing around 50 million trades and clearing 205 million contracts in 2022. The Group provides access to the worlds major commodity markets, covering a broad range of clients that include some of the largest commodity producers, consumers and traders, banks, hedge funds and asset managers.

With more than 35 offices around the globe, and over 2300 dedicated people enabling access to exchanges and technology-powered services.

We are seeking an experienced, strategic, diligent, ambitious, and proactive individual, responsible for a portfolio of USA products. Senior/Intermediate level position with the ability to work autonomously, and also as part of a team and directly engage with clients. Commercial ability to maintain good relationship with clients and find new ones to bring flow.

Purpose of Role:

Our client has unique access across markets with significant share globally both on and off exchange. The depth of knowledge amongst its teams and divisions provides its customers with clear advantage, and its technology-led service provides access to all major exchanges, order-flow management via screen, voice and DMA, plus award-winning data, insights and analytics.

Responsibilities:

    • Work in close partnership with the Sales team and the Derivatives Engine to fulfill the requested revenues budget maximizing the profitability from the flows originated.
    • Manage efficiently the risks arising from the activity, in particular complying with the allocated risks limits.
    • Coordinate with the US sales team and steer the development of AGILE, our Proprietary web application to service our US based clients and secure revenues.
    • Work in cooperation with Quarant and IT team to improve the tools and the processes of the trading desk, including company proprietary pricing and risk management applications with the focus to adopt those tools to the US based business.
    • Collaborate with sales/broking functions to originate hedging solutions and structured transaction, with a cross product selling mindset.
    • Collaborate with central operations functions which support the trading role including but not limited to Operations and Technology.
    • Ensuring compliance with the company's regulatory requirements under the SEC, FINRA, NFA, CFTC and other applicable exchanges.
    • Adhere to the operational risk framework for your role ensuring that all regulatory or company determined parameters are complied with.
    • Role model for demonstrating highest level standards of integrity and conduct and reflecting Company Values.
    • At all times complying with Company Code of Conduct
    • Carrying out regulatory activities under the company Financial and MSIL trading books
    • Liaising with clients in US; clients include banks, hedge funds, market makers, fund managers, institutional, trading houses and other trading boutiques.
    • To ensure that you are fully aware of and adhere to internal policies that relate to you, your role or any other activities for which you have any level of responsibility.
    • To report any breaches of policy to Compliance and/ or your supervisor as required
    • To escalate risk events immediately
    • To provide input to risk management processes, as required.

Competencies

  • Excellent verbal written and communication skills.
  • A collaborative team player, that is approachable, self-efficient and influences a positive work environment.
  • Demonstrates curiosity.
  • Ability to take a high level of responsibility.
  • Excels at building relationships, networking and influencing others.
  • Resilient in a challenging, fast-paced environment.
  • Strategic collaborator with insight and agility, able to anticipate future challenges, ensuring operational effectiveness.

Skills and Experience

  • Proactive mindset in keeping up to date with market research and incorporating into role efficiently.
  • Analytical skills, identifying opportunities and risks in a quick and decisive manner.
  • Comprehensive knowledge of the financial service markets and relevant regulatory requirements.
  • Substantial experience working in and knowledge of company USA product area.
  • Experience of the infrastructural support required to efficiently support company USA business lines.
  • Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this.
  • Experience in operating on electronic market making infrastructure.
  • Experience in risk managing of sales and derivatives portfolios.
  • Knowledge of the underlying products at the company within the Solutions USA remit

Our client is fully committed to eliminating unlawful or unfair discrimination and values the diversity a varied workforce brings to the company. An equal opportunity employer, our client ensures all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status, or any other characteristic protected by law.

  • Oil Derivatives Trader

    1 month ago

    New York, United States Charles Levick Limited Full time

    About the Company:Our client is a leading proprietary energy trading firm, renowned for its innovative approach and robust trading strategies in the global commodities markets. The firm leverages cutting-edge technology, quantitative and fundamental analysis to deliver exceptional results. They are now seeking an experienced Oil Derivatives Paper Trader to...

  • Derivatives Trader

    2 days ago

    New York, New York, United States Marex, Inc. Full time

    About the RoleMarex, Inc. is seeking a highly skilled and experienced Derivatives Trader to join our team. As a key member of our trading desk, you will be responsible for managing a portfolio of OTC derivatives and structured products, with a focus on commodities and FX.Key ResponsibilitiesTrading and Risk Management: Manage risks arising from trading...

  • Corporate Equity Derivatives Trader

    3 months ago

    New York, United States Selby Jennings Full time

    Title: Director, Corporate Equity Derivative TraderSummary: My client, a global bank in NYC, is actively hiring a Director-level Corporate Equity Derivatives Trader to join their growing Equities team. This person will have full oversight of PnL and will own and run the corporate book. This person will be responsible for pricing, trading, and risk-managing...

  • Senior Trader

    4 days ago

    New York, New York, United States Lloyds Banking Group Full time

    About the RoleThis is a challenging and rewarding opportunity to join the Lloyds Banking Group as a Senior Trader - FX and Rate Derivatives. As a key member of the team, you will be responsible for handling and increasing the FX and Rate derivative and cash product franchise.Key ResponsibilitiesHandle risk in a principled and optimized manner within the...

  • Quantitative Strategist

    3 months ago

    New York, United States Non-Disclosed Full time

    A lean, highly profitable & industry-leading trading team is looking for an experienced Quantitative Strategist to join its Equity Derivatives business. This is the opportunity to sit in an incredibly high-impact role that offers high visibility and autonomy that many investment banks simply cannot. This is a hands-on, technical role that is directly...

  • Quantitative Strategist

    2 months ago

    New York, United States Non-Disclosed Full time

    A lean, highly profitable & industry-leading trading team is looking for an experienced Quantitative Strategist to join its Equity Derivatives business. This is the opportunity to sit in an incredibly high-impact role that offers high visibility and autonomy that many investment banks simply cannot. This is a hands-on, technical role that is directly...

  • Quantitative Strategist

    3 months ago

    New York, United States Non-Disclosed Full time

    A lean, highly profitable & industry-leading trading team is looking for an experienced Quantitative Strategist to join its Equity Derivatives business. This is the opportunity to sit in an incredibly high-impact role that offers high visibility and autonomy that many investment banks simply cannot. This is a hands-on, technical role that is directly...

  • Quantitative Trader

    2 days ago

    New York, New York, United States BlockTech LLC Full time

    About BlockTech LLCBlockTech LLC is a pioneering algorithmic trading firm that specializes in facilitating global decentralized trading in cryptocurrency derivatives while expanding to regulated markets.Job SummaryWe are seeking a highly skilled Quantitative Trader to join our team in New York. As a Quantitative Trader, you will be part of our brand new...

  • Equity Derivatives Quant

    1 month ago

    New York, United States Quanta Search Full time

    Prestigious financial firm is seeking a PhD Quant to join their research team. This is an opportunity to work closely with traders in the development, testing, and implementation of models and trading tools. This position requires a PhD in a quantitative discipline and 3-7 years work experience with a investment bank or hedge fund involving analysis of...

  • VP Equity Derivatives Quant Specialist

    1 week ago

    New York, New York, United States Selby Jennings Full time

    Job Summary:Selby Jennings is seeking a highly skilled VP Equity Derivatives Quant to join our team. As a key member of our derivatives group, you will be responsible for developing and implementing advanced quantitative models for equity derivatives.Key Responsibilities:Collaborate with traders to design and implement quantitative strategies for equity...

  • Equity Derivatives Support Engineer

    2 weeks ago

    New York, United States McGregor Boyall Full time

    Equity Derivatives Support EngineerRole:We seek a talented Equity Derivatives Support Engineer with a strong foundation in DevOps and volatility fitting. The ideal candidate will be passionate about providing exceptional support to an equity derivatives trading platform and ensuring the smooth operation of systems.Responsibilities:Technical Support: Provide...

  • Equity Derivatives Support Engineer

    2 weeks ago

    New York, United States McGregor Boyall Full time

    Equity Derivatives Support EngineerRole:We seek a talented Equity Derivatives Support Engineer with a strong foundation in DevOps and volatility fitting. The ideal candidate will be passionate about providing exceptional support to an equity derivatives trading platform and ensuring the smooth operation of systems.Responsibilities:Technical Support: Provide...

  • Execution Trader

    1 month ago

    New York, United States Selby Jennings Full time

    My client (a $10B event driven hedge fund) is looking to bring on an multi-asset trader to help execute across multiple sectors and strategies.Primary Responsibilities:Execute trades across various asset classes and strategies including equities, equity derivatives, foreign currency, fixed income, and options.Manage trading relationshipsAssist with trade...

  • Execution Trader

    1 month ago

    New York, United States Selby Jennings Full time

    My client (a $10B event driven hedge fund) is looking to bring on an multi-asset trader to help execute across multiple sectors and strategies.Primary Responsibilities:Execute trades across various asset classes and strategies including equities, equity derivatives, foreign currency, fixed income, and options.Manage trading relationshipsAssist with trade...

  • VP Equity Derivatives Quant Specialist

    1 week ago

    New York, New York, United States Selby Jennings Full time

    About the Role:Selby Jennings is seeking a highly skilled VP Equity Derivatives Quant to join our team in a key role.The successful candidate will have a strong background in quantitative analysis and a proven track record of delivering high-quality results in a fast-paced environment.Key Responsibilities:Collaborate with traders to develop and implement...

  • Sports Trader

    1 month ago

    New York, New York, United States Mojo Full time

    About MojoAt Mojo, we're making the most comprehensive and differentiated prediction markets in sports—from the next play to an entire career—to transform the sports betting, fantasy, gaming and collectible industries. To do it, we're developing the most sophisticated technology, with the best team, across data science, financial market making, risk...

  • Agency MBS Trader

    4 days ago

    New York, New York, United States BMO Financial Group Full time

    Job SummaryWe are seeking a highly skilled Agency MBS Trader to join our team at BMO Financial Group. As an Agency MBS Trader, you will be responsible for trading and structuring Agency CMO/PT/Specified Pools/Derivatives, deal booking, CMO pricing, risk reporting, and other daily trading desk routine.ResponsibilitiesTrading and structuring Agency...

  • Derivatives Product Specialist

    5 days ago

    New York, New York, United States Barclays Full time

    Job SummaryWe are seeking a highly skilled Exotics & Hybrid Structuring AVP to join our Markets division at Barclays. As a key contributor, you will be responsible for developing and structuring complex derivatives products to meet the unique needs of our institutional clients.Key ResponsibilitiesDevelop and implement innovative structured financial products...

  • Financial Markets Trader

    2 days ago

    New York, New York, United States Citigroup Inc Full time

    Job SummaryCitigroup Inc. is seeking a highly skilled Financial Markets Trader to join its team in New York. As a key member of the Institutional Trading group, you will be responsible for modeling, pricing, and risk managing interest rate derivative products.Key ResponsibilitiesDevelop and implement sophisticated models to determine initial capital...

  • Credit Trader for Systematic Strategies

    4 days ago

    New York, New York, United States Quanta Search Full time

    **About the Role**Our client, a leading portfolio management team, is seeking a highly skilled Execution Trader to join their team. This is an exciting opportunity for someone to source liquidity in the credit markets and pilot automated trading systems, playing a central role in the team's investment process.**Key Responsibilities**Collaborate with the...