Flow Derivatives Trader (m f x)

E Fundresearch; Richmond; On-site; GBP 60,000 - 90,000; Full time

Job summary

A leading global financial firm in Richmond is seeking an Index Derivative trader to manage an equity derivatives book and optimize inventory. The role requires a Bachelor’s degree in a scientific discipline and expertise in trading operations, risk analysis, and coding to develop analytical tools. You will ensure compliance with regulations and identify new trading opportunities across various markets, making significant contributions to the Flow Derivatives team.

Qualifications

• Experience in managing an equity derivatives book and inventory.
• Proficiency in coding to build analytical tools.
• Strong enthusiasm for markets and trading opportunities.

Responsibilities

• Manage forward risks and stocks inventory as book runner.
• Optimize balance sheet consumption by analyzing single stocks.
• Develop tools to analyze risk and market data for better decision-making.
• Ensure compliance with regulations and internal policies.
• Identify and pursue new trading opportunities across markets.

Skills

Equity derivatives management

Risk analysis

Coding proficiency

Market analysis

Trading operations

Education

Bachelor's degree in a scientific discipline

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.

Responsibilities and Qualifications

• 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