Associate Director, Delta One Trading, Equity Derivatives

CITIC Securities International Company Limited; Hong Kong; On-site; HKD 1,500,000 - 2,100,000; Full time

Job summary

CITIC Securities International Company Limited is seeking a quantitative trader support professional to assist traders with execution, hedging, and market making. The role involves pricing, risk controls, and close collaboration with Sales, Risk, Finance, Operations, Quant and Technology teams.

The candidate should hold a Master’s degree or higher in a quantitative field; Python programming is essential, with PhD advantageous.

Qualifications

• Master’s degree or above in computer science, math, physics, engineering or quantitative finance.
• PhD degree would be advantageous.
• Strong programming in Python is essential.
• Experience with pricing, execution and risk management is preferred.

Responsibilities

• Support traders in daily work including trading, bookings, risk management and resolving trading related issues.
• Responsible for execution, hedging, and market making.
• Work closely with Sales to provide pricing for clients facing business.
• Collaborate with Risk, Finance, Operations, Quant and Technology teams.
• Develop tactical tools to enhance pricing and trading decision making.
• Back-test strategies with Quant and IT on systems developments; engage in regular progress meetings.
• Coordinate with MO, Operations and Settlement for bookings and reconciliation.

Skills

Python programming

Other programming languages

Tracking optimization

Multi-factor risk modelling

Analytical skills

Communication skills

Education

Master’s degree or above in computer science, math, physics, engineering or quantitative finance

PhD degree would be advantageous

Job description

Key Areas of ResponsibilitiesSupport traders in their daily work which includes trading, bookings, risk management, and resolving trading related issues.Responsible for execution, hedging, and market making.Work closely with the Sales team to provide pricing for clients facing business.Work closely with Risk, Finance, Operation, Quant and Technology teams.Work with Quant and IT on systems developments, engage in regular meetings, and follow up on the progress.Collecting requirements and developing tactical tools to enhance efficiency in pricing and trading decision making process.Support and enhance existing business processes and related infrastructure.Work with senior traders to generate trade ideas, identify trading opportunities, and back-test strategies.Work with MO team, Operations and Settlement team for booking and reconciliation.RequirementsMaster’s degree or above in computer science, math, physics, engineering or quantitative finance. PhD degree would be advantage.Minimum 5-8 years of relevant experiencePython programming is essential. Other programming languages skill is a plus.Knowledgeable of tracking optimization or multi-factor risk modelling will be a plus.Good team work and communication skills, both written and oralGood analytical skills, a logical approach to problem solving, be able to work in a fast-paced environment liaising with demanding stakeholders to understand complex requirements and be able to prioritize work under pressure with minimal supervision for the level of experienceSelf-motivated, self-driven and lifetime learner, and be able to bring positivity and enthusiasm in trying to think about and offer potential solutions for architectural considerations