Associate Director, Delta One Trading, Equity Derivatives

citicclsa; Hong Kong; On-site; HKD 900,000 - 1,300,000; Full time

Job summary

CITIC CLSA is seeking an experienced quantitative trader support professional in Hong Kong. The role involves assisting traders with daily operations including trading, bookings, and risk management, as well as execution, hedging, and market making.

Collaboration with Sales for client pricing, and close work with Risk, Finance, Operations, Quant and Technology teams are essential. Applicants should have a Master’s degree or higher in a quantitative field, 5–8 years of experience, and strong

Qualifications

• Master's degree or above in computer science, math, physics, engineering or quantitative finance.
• Minimum 5-8 years of relevant experience.
• Python programming is essential; other languages are a plus.

Responsibilities

• Support traders in daily work: trading, bookings, risk management, and resolving issues.
• Execute, hedge, and market make.
• Collaborate with Sales to price for clients.

Skills

Python

Quantitative modelling

Teamwork

Communication

Analytical skills

Education

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

Job description

Key Areas of Responsibilities

• Support 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.

Requirements

• Master's degree or above in computer science, math, physics, engineering or quantitative finance. PhD degree would be advantage.
• Minimum 5-8 years of relevant experience
• Python 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 oral
• Good 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 experience
• Self-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