Detla One Trader

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

The position holder will join our Delta One trading team, responsible for pricing, risk management, trading, and booking of our Delta One business. This position includes hedging trade execution, inventory management, system automation to optimize the efficient usage of balance sheet and funding resources.

Coordinate with various teams on delta one product development, trade execution, and risk management

Responsible for sourcing, pricing, distribution and managing security inventories to optimize balance sheet usage

Assist in trading/booking system enhancement project buildout for Delta One Business

Upright, humble, diligent with high moral values

Strong written and verbal communication skills to convey ideas behind a complex research clearly and precisely

Taking proactive approach to identify and solve problems for building and developing infrastructure and processes

Proficient in Python and SQL, knowledge in any other programming language is a plus

Strong analytical thinking and team player

Adaptable to changing business requirements

Fluency in English or Mandarin preferred

Bachelor or Master degree holder, preferably in quantitative discipline

At least 1 year of related experience in Equity derivative products

Robust technical knowledge of derivative products, combining with strong client facing, sales & marketing skills

Solid and comprehensive understanding of algorithmic trading, market-making, index and statistical arbitrage

Profound knowledge of statistical modeling and optimization, including standard models, linear, convex and conic optimization