Delta One Trader, Equity Derivatives

CFA Institute; Singapore; On-site; SGD 70,000 - 90,000; Full time

Job summary

A financial services organization located in Singapore seeks a professional to oversee D1 trading across India and other Asian markets. The ideal candidate will have a degree in Finance or related fields and possess 2-5 years of relevant experience. Strong skills in problem-solving, attention to detail, and a self-motivated attitude are essential. Familiarity with Delta One products and programming skills in Python or VBA will be advantageous. This position emphasizes collaborative work and innovative thinking in a dynamic trading environment.

Qualifications

• 2 - 5 years of relevant experience in trading or similar.
• Familiarity with Delta One products like single stock swaps and index swaps.
• Experience in Delta One trading or trading technology is a plus.

Responsibilities

• Oversee D1 trading for India and other Asian markets.
• Manage and mitigate delta or currency risk for the desk.
• Collaborate with various teams to deliver business solutions.

Skills

Attention to detail

Fast learning

Critical thinking

Problem-solving

Good communication

Education

Degree in Finance, Mathematics, Statistics, Engineering or related disciplines

CFA

Tools

Python

VBA

Job description

Key Areas of Responsibilities

• Responsible for overseeing D1 trading for India and other Asian markets, demonstrating proficiency in managing high volumes with minimum scope of trading error.
• Ownership for managing and mitigating any delta or currency risk associated with the desk ensuring adherence to risk policies and procedures in place for the business.
• Possess in-depth product knowledge particularly in areas such as Total return swap, SBL, derivatives Index futures and options, ETF.
• Collaborate with cross functional teams both internally and externally to deliver solutions that will assist in business growth.
• Develop and participate in innovative and profitable trade ideas and explore opportunities across varied products keeping in mind the key risk framework of the business.

Requirements

• Degree holder in Finance, Mathematics, Statistics, Engineering or related discipline(s), or CFA.
• 2 - 5 years relevant experience
• Prior experiences in Delta One trading, trading technology and quant strategist is a plus.
• Be familiar with the Delta One products including: single stock swaps, index swaps, P-note etc.
• Self-motivated, fast learner and understand dynamics of equity investment business
• Strong motivation to learn, think fast and critically, solve various problems arising from trading, risk control and operation
• Attention to details, accuracy, time management and work under pressure, ability to collaborate and work as a team
• Proficiency in using Python/VBA or some programing skill is a plus
• Good communication skills to be able to communicate with various counterparties both internally & externally.