CFD Trader

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

Job summary

A financial services company in Singapore is seeking a CFD Trader to join their Market Making Team. Responsibilities include market making, algorithmic trading, and risk management. Candidates with a degree in any discipline and good understanding of hedging concepts are welcome. This role offers entry-level opportunities and aims to develop innovative CFD services.

Qualifications

• Entry level candidates are welcome to apply.
• Knowledge in IT programming (Python, C++) is an advantage.
• Certifications in CMFAS M1a, M5 & M6 and M6a is an advantage.

Responsibilities

• Ensure the company’s risk exposures are properly hedged.
• Work with traders to optimise and develop quantitative hedging strategies.
• Assist the team in providing quality CFD services.

Skills

Understanding of risk and hedging concepts

MS Excel

VBA

IT programming (Python, C++)

Assertiveness and quick with numbers

Team player

Education

Degree in any discipline

Job description

CFD Trader

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