Delta One Trader: Quantitative & Algorithmic Trading

CICC; Hong Kong; On-site; HKD 420,000 - 720,000; Full time

Job summary

CICC is seeking a Delta One trader to price, manage risk, trade, and book Delta One positions. The role emphasizes hedging, inventory oversight, and automation to optimize balance sheet usage.

The candidate will coordinate with multiple teams on product development, execution, and risk control, while leveraging Python/SQL and strong analytical skills to improve processes and infrastructure.

Qualifications

• Proficient in Python and SQL; knowledge of other programming languages a plus.
• Experience in Delta One trading, pricing, risk management, and booking.
• Experience with hedging, trade execution, inventory management, and system automation.
• Strong written and verbal communication skills to convey complex ideas clearly.
• Proactive approach to identify and solve problems for building and developing infrastructure and processes.
• Solid understanding of algorithmic trading, market making, index and statistical arbitrage.
• Robust knowledge of derivative products with client facing, sales & marketing skills.

Responsibilities

• Price and risk manage Delta One trades; perform trading and booking activities.
• Hedge trades and optimize balance sheet usage through inventory management.
• Collaborate with cross-functional teams on Delta One product development and risk management.
• Assist in trading/booking system enhancement projects for Delta One operations.
• Maintain strong communication to convey complex analyses clearly to stakeholders.
• Develop infrastructure and processes to improve efficiency and execution.

Skills

Python

SQL

Analytical thinking

Team player

Problem solving

Communication

Education

Bachelor or Master degree in quantitative discipline

1 year of equity derivatives experience

Job description

CICC is seeking a Delta One trader to price, manage risk, trade, and book Delta One positions. The role emphasizes hedging, inventory oversight, and automation to optimize balance sheet usage.

The candidate will coordinate with multiple teams on product development, execution, and risk control, while leveraging Python/SQL and strong analytical skills to improve processes and infrastructure.