Flow Derivatives Trader (m f x)

E Fundresearch; London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading financial services firm in London seeks an Index Derivative trader to manage an equity derivatives book, optimize trading strategies, and develop tools for effective risk management. Candidates should have a scientific degree and demonstrated expertise in equity derivatives and coding. This role offers dynamic opportunities to engage with various markets.

Qualifications

• Experience in trading Vanilla options and related products.
• Knowledge of pricing and trading strategies.
• Ability to manage operational and compliance risks.

Responsibilities

• Manage an equity derivatives book and risks.
• Optimize balance sheet consumption.
• Develop tools for risk analysis and trading decisions.
• Ensure compliance with trading and execution policies.

Skills

Expertise in equity derivatives

Proficient in coding

Strong analytical skills

Enthusiastic about market opportunities

Education

Bachelor's degree or equivalent in a scientific discipline

Tools

Risk management tools

Job description

Your team

You'll be joining a growing EMEA derivative franchise, specifically working in the Index Flow Derivatives team in London. We trade a range of Equity Derivative products across the predominantly European markets, and provide advice, solutions, and execution in a simple, intuitive and flexible way. This benefits our corporate, institutional and wealth management clients. As an Index Derivative trader, you'll play an important role in helping our clients identify and access the products and liquidity they need. The Flow Derivatives team has interests in markets beyond its core products and seeks to engage in debate about these and how they relate to our own market, with a view to managing risk more efficiently and suggesting better trading ideas to our clients.

About Us

UBS is the world's largest and the only truly global wealth manager. We operate through four business divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management and the Investment Bank. Our global reach and the breadth of our expertise set us apart from our competitors.

We have a presence in all major financial centers in more than 50 countries.

• Book runner of an equity derivatives book, managing forward risks and stocks inventory,
• Bring expertise to the whole flow desk in the dividend and financing world,
• Optimise balance sheet consumption reviewing single stocks inventory for GED EMEA,
• Develop tools on the desk to help analyse risk, positions, and market data to help us make better trading decisions,
• Ensure a high-quality marking of pricing parameters affecting the forwards levels for index and single stocks,
• Follow regulations and internal policies, including quality of execution, pricing, hedging, trading limits and compliance policies,
• Manage trading, execution, operational and compliance risk, amongst others
• Know-how/or interest in pricing and trading own book of Vanilla options, EFP, dividend futures, total return futures and other D1 related products
• Proficiency in coding to be able to build tools to help the team manage risk more effectively
• Enthusiasm for markets and a desire to scan various markets for new trading opportunities
• Bachelor's degree or equivalent in a scientific discipline