Fx options trader

Banka Intesa Sanpaolo d. d.; Milano; In loco; EUR 68.000 - 83.000; Tempo pieno

Vantaggi offerti da questo lavoro

Performance‑based bonus

Professional development opportunities

4‑day workweek (4x9)

Healthcare coverage

Retirement plan

Banking products benefits

Descrizione del lavoro

Banka Intesa Sanpaolo d. d. in Milan seeks an experienced FX derivatives trader at VP level to price, trade and market‑make fx options on G10 and emerging‑market currencies, while managing risk and supporting client activity.

You will collaborate with sales, contribute to product origination, and help advance pricing models and trading tools in a fast‑paced, global environment.

Competenze

• 3‑7 years of experience in fx derivatives trading within an investment bank or comparable financial institution.
• Proven experience in fx options market‑making and risk management, with direct responsibility for trading positions.
• Strong knowledge of g10 and emerging‑market currencies, plain‑vanilla and exotic options.
• Ability to manage volatility and greeks‑based risk and to dynamically hedge option portfolios.
• Experience operating within defined market and counter‑party risk frameworks and trading limits.
• Familiarity with front‑office trading, pricing and position‑management systems.
• Degree in economics or stem disciplines.
• Deep understanding of derivatives pricing, volatility surfaces and greeks.
• Fluency in English.
• Strong proficiency with front‑office trading and analytical tools; knowledge of Python, VBA or other quantitative programming tools is a plus.

Mansioni

• Price, trade and market‑make fx options on G10 and EM currencies.
• Manage market risk arising from market‑making and client‑driven activities.
• Handle positions in plain‑vanilla and exotic options, providing pricing and liquidity while optimising risk‑reward.
• Identify and execute trading and hedging strategies based on market conditions and portfolio exposures.
• Work closely with sales to support client activity through pricing, market views and trade ideas.
• Contribute to origination, assessment and structuring of new products and client solutions.
• Support the development of the fx derivatives franchise through new business initiatives and product enhancements.
• Collaborate with other trading teams and international hubs to optimise risk management and market coverage.
• Participate in the continual improvement of pricing models, trading tools, analytics and risk management processes.

Conoscenze

FX derivatives trading

FX options market‑making

Risk management

Front‑office trading

Analytical tools

Formazione

Economics or STEM degree

Strumenti

Python

VBA

Descrizione del lavoro

Overview

we are looking for an experienced fx derivatives trader (vice president level) to join our fx derivatives trading team in milan.

Responsibilities

• price, trade and market‑make fx options on g10 and emerging‑market currencies.
• manage market risk arising from market‑making and client‑driven activities.
• handle positions in plain‑vanilla and exotic options, providing competitive pricing and liquidity while optimising the risk‑reward profile.
• identify and execute trading and hedging strategies based on market conditions and portfolio exposures.
• work closely with sales to support client activity through pricing, market views, trade ideas and tailored fx derivative solutions.
• contribute to origination, assessment and structuring of new products and client solutions.
• support the development of the fx derivatives franchise through new business initiatives and product enhancements.
• collaborate with other trading teams and international hubs to optimise risk management and market coverage.
• participate in the continuous improvement of pricing models, trading tools, analytics and risk‑management processes.

Requirements

• 3‑7 years of experience in fx derivatives trading within an investment bank or comparable financial institution.
• proven experience in fx options market‑making and risk management, with direct responsibility for trading positions.
• strong knowledge of g10 and emerging‑market currencies, plain‑vanilla and exotic options.
• ability to manage volatility and greeks‑based risk and to dynamically hedge option portfolios.
• experience operating within defined market and counter‑party risk frameworks and trading limits.
• familiarity with front‑office trading, pricing and position‑management systems.
• degree in economics or stem disciplines.
• deep understanding of derivatives pricing, volatility surfaces and greeks.
• fluency in english.
• strong proficiency with front‑office trading and analytical tools; knowledge of python, vba or other quantitative programming tools is a plus.

What we offer

• gross annual salary starting from €75000 plus a performance‑related variable component.
• additional benefits in line with the national collective labour agreement for the banking sector.
• professional development opportunities and training programmes through the corporate academy.
• flexible working arrangements, including a 4‑day workweek (4x9).
• corporate welfare system, healthcare coverage and supplementary retirement plan.
• benefits on the group’s banking products and services.