Trader H/F

Crédit Agricole CIB; United States; On-site; USD 130,000 - 185,000; Full time

Job summary

Credit Agricole Corporate and Investment Bank seeks a Trader in New York, NY to be responsible for market making and executing transactions for customers in Repo & Secured Funding Credit & Emerging Markets Trading. Execute transactions within risk parameters and develop trading strategies using quantitative analysis and market insights.

The role involves pricing, hedging, and monitoring risk across global markets, preparing daily P&L reports, and collaborating with sales teams to optimize

Qualifications

• Master’s degree in Mathematics or related field.
• 1 year of experience in market making and repo funding trading.
• Experience with derivatives hedges and risk management.

Responsibilities

• Make markets and execute transactions for customers in Repo & Secured Funding Credit & Emerging Markets Trading.
• Price new products and bespoke client transactions, ensuring compensation for principal risk and funding costs.
• Prepare daily P&L and risk reports and monitor risk limits.
• Input trades into Front Office systems and support risk-management frameworks.

Skills

Market making

Trading

Derivatives

Python

Risk management

P&L analysis

Liquidity risk

Quantitative analysis

Front office systems

Education

Master's degree in Mathematics

Tools

Front Office systems

Job description

Détail du poste

Credit Agricole Corporate and Investment Bank seeks Trader in New York, NY to be responsible for market making and executing transactions for customers in Repo & Secured Funding Credit & Emerging Markets Trading. Execute transactions in accordance with established market and credit risk parameters; formulate quantitative trading strategies based on statistical analysis, interest rate movements, liquidity conditions, and evolving market opportunities; and manage and hedge the Repo & Secured Funding portfolio on both an intra-day and inter-day basis. Price new products and bespoke client transactions, ensuring that the Bank is appropriately compensated for principal risk, funding costs, and balance sheet utilization. Monitor global economic and financial developments, assess future market trends, advise sales teams on market views, maintain compliance with delegated position and risk limits, and ensure that market, credit, operational, legal, and reputational risks are appropriately identified, documented, monitored, and managed. Input executed trades into Front Office systems, prepare daily profit and loss and risk reports for management, and work closely with team to establish and oversee overall risk parameters, information flows, and risk management frameworks supporting the trading business.

REQUIREMENTS:

Master’s degree or equivalent in Mathematics or a related field and 1 year of experience in the job offered or related role. Must have 1 year of experience in all of the following: market making and executing transactions for customers in Repo & Secured Funding Credit & Emerging Markets Trading; trading total return swaps and other derivative hedges to secured financing transactions; applying quantitative and statistical analysis to develop trading strategies, evaluate market trends, and assess pricing and risk exposures; managing market risk in both mark to market and accrual framework, liquidity risk including regulatory liquidity ratios, counterparty credit risk, risk weighted assets, and balance sheet utilization within established risk parameters; hedging trading portfolios using fixed income, rates, credit, or related financial instruments; preparing and analyzing daily P&L; working with global economic data, interest rate models, and market analytics to support trading and pricing decisions; using Python to develop trading tools; cross-currency secured financing; and trading in a global book with other regions including Europe and Asia.

SALARY: $130,312 – $185,000/year