CFD Trader

Phillip Securities; Singapore; On-site; SGD 40,000 - 60,000; Full time

Job summary

A leading securities firm in Singapore is seeking a member for its CFD Market Making Team. The role involves market making, algorithmic trading, and developing hedging strategies. The ideal candidate possesses a degree, and while entry-level candidates are encouraged to apply, knowledge of risk management and proficiency in MS Excel are required. This position offers an opportunity for growth within a dynamic team environment.

Qualifications

• Entry level candidates are welcome to apply.
• Working experience in securities and futures dealing is an advantage.
• Certifications in CMFAS M1a, M5 & M6 and M6a is an advantage.

Responsibilities

• Market making, algorithmic and proprietary trading activities.
• Ensure company’s risk exposures are properly hedged.
• Develop quantitative hedging strategies.

Skills

Good understanding of risk and hedging concepts

MS Excel

VBA

IT programming (Python, C++)

Quick with numbers

Team player

Ability to perform under pressure

Education

Degree in any discipline

Job description

As a member of the CFD Market Making Team, you will report to the Trading Manager and be responsible for market making, algorithmic and proprietary trading activities. You are required to ensure that the company’s risk exposures are properly hedged and in compliance with regulatory and company policies. You will work with traders to optimise and develop quantitative hedging strategies, build signal generation and back-testing framework across different asset classes. In addition, you will assist the team in providing a comprehensive suite of quality and innovative CFD services for the investors, sales force and corporate partners.

Requirements

• Degree in any discipline
• Entry level candidates are welcome to apply
• Good understanding of risk and hedging concepts
• Possess MS Excel and VBA skills
• Knowledge in IT programming (Python, C++) is an advantage
• Working experience in securities and futures dealing is an advantage
• Certifications in CMFAS M1a, M5 & M6 and M6a is an advantage
• Assertive and quick with numbers
• Team player and able to perform under pressure
• Able to work shifts and on public holidays

If you are looking for an environment of growth and opportunities, please direct a full resume, stating the position applied, present and expected salaries, to the HR department via APPLY NOW button. We regret that only shortlisted candidates will be notified. Brought to you by Phillip Securities Pte Ltd (A member of PhillipCapital)