Derivatives Trader Job Description

Derivatives Trader Job Description

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Derivatives trader provides independent valuation services to internal and external clients across a wide array of OTC derivative products including rates, credit, equity, FX, inflation, commodity, and volatility / variance swaps.

Derivatives Trader Duties & Responsibilities

To write an effective derivatives trader job description, begin by listing detailed duties, responsibilities and expectations. We have included derivatives trader job description templates that you can modify and use.

Sample responsibilities for this position include:

Execution of Derivative trades in various product markets according to specific Derivative Program guidelines (Rates, Credit, FX, and Equity), but with an emphasis on AEGON's equity derivative trades
Build up strong expertise in Capital Markets dynamics, financial derivative Instruments, their valuation and trade execution aspects
Active management of counterparty exposures, counterparty performance and relationships
Develop a deep understanding of the hedging and funding dynamics of our Street counterparties and their impact on pricing and execution of derivative trades
Deliver various levels of support to team members and internal AEGON Clients in the business units and corporate ALM function, such as analytical, pricing and reporting support
Assist to Negotiate CSA's, ISDA's, MRA's and clearing broker agreements
Contribute in various front office related projects, upgrading the Derivative Systems Infrastructure
Recommending thematic strategic trade ideas (working cross asset where required)
Warrant market-making
Management of risk positions for a volatility portfolio

Derivatives Trader Qualifications

Qualifications for a job description may include education, certification, and experience.

Education for Derivatives Trader

Typically a job would require a certain level of education.

Employers hiring for the derivatives trader job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Finance, Mathematics, Engineering, Economics, Statistics, Science, Computer Science, Physics, Sciences, Management

Skills for Derivatives Trader

Desired skills for derivatives trader include:

Above mentioned products
Calculus and numerical methods
Credit
Differential equations
Rates
FX and commodity options
Adhere to Flagstar’s internal compliance policies and procedures
Bloomberg Terminal
Fixed Income products with a specialisation in Interest Rate Swaps

Desired experience for derivatives trader includes:

Development of front office trading strategy/platform
Responsible for managing derivatives books
Ability to effectively use systems and technology
Act primarily as a Risk Manager, Product and Platform Owner for the Equity Swap desk
Candidates with middle office trade support exposure are welcome to apply
Initiate and manage day-to-day interaction with our clients such as client query resolution, product education & information in coordination with other trading and distribution teams in the International Equities Division

Derivatives Trader Examples

1

Derivatives Trader Job Description

Job Description Example
Our company is growing rapidly and is hiring for a derivatives trader. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for derivatives trader
  • Analyse traders needs and make suggestions
  • Develop quantitative analytics tools for use by trading desk
  • Help develop ways to improve how Trading operates on a daily basis
  • Will work closely with sales and structuring team
  • Ad hoc short term & longer term projects as assigned
  • A team player with strong interpersonal and leadership skills and a multi-cultural understanding
  • Liaise with operations on day to day flow process improvement
  • Sales-Securing new clients
  • Ensuring client orders are being executed in best possible fashion
  • Gather information and analyzing the market
Qualifications for derivatives trader
  • Confidence to have constant dialogue with internal and external clients, to communicate with senior management
  • Candidates with Middle Operations Middle Office Operations or Trade Assistant or Trade Support exposure are welcome to apply
  • Excellent written, verbal and presentation skills proven time management skills
  • A minimum of 5 years experience trading equity derivatives, with in-depth experience of the HK warrants market and strong track record
  • Trading of dual listed and depositary receipt stocks
  • Managing trading risk created from Asia in the U.S. and UK markets
2

Derivatives Trader Job Description

Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of derivatives trader. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for derivatives trader
  • Help develop ways to continually improve how trading operates on a daily basis
  • Maximise risk-adjusted profits for the Hong Kong Volatility Desk
  • Warrant market-making and ETO market-making
  • Management of risk positions for a derivative portfolio
  • Making markets on FX options (flow+exotics) on South and South-East Asian currencies (SGD, INR, IDR, PHP) to our client base
  • Risk management of the FX Derivatives books for those currencies
  • Generating and pitching trade ideas to sales and clients, in particular to the institutional client base
  • Understanding corporate client motivation and help them achieve their objectives via new structures
  • Help cover as required for other FX Derivatives books
  • Develop and hone detailed understanding of traded derivative instruments and the different derivative/underlying markets (OTC vs
Qualifications for derivatives trader
  • Managing cross border volatility from Europe to Asia Pac
  • Proven track record as an Equity derivatives trader within a fast paced and competitive organisation trading dual listed stocks and depository receipts
  • Proven track record in yielding highly profitable results within the equity markets and derivatives sector
  • Strong technical knowledge of regulatory, tax, capital and accounting matters
  • Proven ability to generate new ideas to be developed into yielding profit making opportunities
  • Strong communication skills both with external clients and internal stakeholders, with the ability to communicate complicated analytical strategies succinctly
3

Derivatives Trader Job Description

Job Description Example
Our growing company is looking to fill the role of derivatives trader. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for derivatives trader
  • Contribute to various front office related projects
  • Maximise risk-adjusted profits for the Singapore Volatility Desk
  • Engage in proprietary trading in derivatives instruments trading on its own book for profit to meet team objectives
  • Proactively provide technical and fundamental market information to the Products Trading teams
  • Provide backup to the Team by executing derivatives trades (ie futures, swaps & options) on behalf of the Global Products Trading teams in coordination of the global risk management strategy
  • Secondary market-making, Execution handling for Asia flow and structured trading teams
  • Expand and improve quality and reliability of secondary markets
  • In charge of providing tradable secondary prices
  • Define IT specifications of new strategic developments for secondary pricing, hedging and reporting
  • Engagement with coverage to generate suitable new ideas and solutions for clients - across corporates and financial institutions
Qualifications for derivatives trader
  • Minimum of a bachelor’s degree (or equivalent), preferably in mathematics, finance or sciences
  • Proven track record in Index derivatives trading environment with previous responsibility for your own P&L
  • Deep knowledge of single stock derivatives
  • Proven track record in Single Stock derivatives trading environment with previous responsibility for your own P&L
  • Trading experience – required, 5+ years
  • Derivatives experience good knowledge of options, futures and knowledge of more exotic derivatives essential)
4

Derivatives Trader Job Description

Job Description Example
Our company is growing rapidly and is hiring for a derivatives trader. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for derivatives trader
  • Ideation of new solutions / structures based on changing regulatory environment across Asia
  • Drive marketing and execution of transaction – pitchbooks, termsheet, documentation, client engagement, as required
  • Engaging in proprietary trading in derivatives instruments trading on your own book for profit to meet team objectives
  • Proactively providing technical and fundamental market information to the products trading teams
  • Operating in “syndicate” relationships, to formulate and execute trading strategies across global products markets
  • Maintain frequent contact with dealers and other information sources to understand flows/likely going flows and their implications for markets
  • Ensure adherence to derivatives trading limits and policies
  • Track market conditions for alternative trades that meet business needs
  • Perform ongoing economic optimization of portfolio, considering transaction cost, accounting, capital, cash and collateral constraints
  • Develop opinions on market direction based on analysis of supply and demand and other factors impacting markets
Qualifications for derivatives trader
  • Deep knowledge of Index derivatives
  • Ability to maintain an attention to detail in a pressurized trading environment
  • Rate Derivatives Trading
  • Fixed Income Trading experience at Global Investment Bank based in Japan
  • You will work as a UI developer within the Trader Desktop team, focused on designing and developing new multi-threaded real-time user interfaces
  • You’ll be involved in the full development lifecycle of projects and should have good understanding on how the SDL works
5

Derivatives Trader Job Description

Job Description Example
Our company is searching for experienced candidates for the position of derivatives trader. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for derivatives trader
  • Trade (i) Interest rate/currency swaps and options, (ii) FX and Commodity options, and (iii) any other type of hedges
  • Collaborate with Risk and Portfolio Management teams to understand multiple dimensions of business challenge, goals and constraints to shape recommendations
  • Bring insights gained from dialogues with external parties to the Derivatives team, broader Investments team and other parts of the organization as appropriate
  • Trade execution across equity index futures, options, and swaps
  • Coordinate trading strategies and derivatives exposure across a various trading and portfolio management teams
  • In addition to trading responsibilities, this role manages internal overlay strategies for Russell equity based funds
  • Work with portfolio managers to research a broad range of overlay and implementation strategies
  • This position acts as a subject matter expert on equity derivatives for a broad range of internal clients
  • A successful candidate will interact with other trading groups, portfolio managers, street side coverage, operations, IT and external clients, so strong teamwork and communication skills are imperative
  • Execute trades within parameters as determined by relevant Portfolio Manager
Qualifications for derivatives trader
  • Proven ability and significant experience in trading risk management
  • At least two years in either dealing, operating, or market marketing in securities
  • Superior client and presentation skills
  • Work experience in warrants and/or ETO market making
  • C#, Python or similar scripting experience
  • Natural relationship building orientation

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