Job Purpose: 

  • Equity Delta-1 Trading for EMEA, focusing on Hedge Fund and Institutional clients.

Your Responsibilities: 

  • Pricing and trading of equity Delta-1 positions, mainly forwards, futures, synthetics and swaps
  • Running term structure of borrow, rates and FX risk, dividend and withholding tax risk, and gross and net delta exposure
  • Management of index rebalances, trading of corporate actions, monitoring of inventory funding and carry cost
  • Book PnL management, explain, monitoring of client value, balance sheet usage, controlling costs and operational efficiency
  • Liaison with relevant internal desks – Derivative Sales and Trading/PT Risk and ETF/AOG
  • Working with technology and QSG on IT enhancements and automation projects, and launching of new products
  • Managing relationships with exchanges, inter dealer brokers and clients.

Skills and Qualifications: 

  • Experience trading a Delta One index book for indices, and custom baskets for a large, global investment bank
  • Broader experience/exposure to the following products; swaps, index, dividend and rates futures, forwards, options, warrants, certificates, custom baskets, ETF, IRS, FRA, and currency/FX trades
  • A detailed understanding of synthetic equity products and financing accrual methodologies, ability to price client trade’s for financing accrual or PV
  • Knowledge of internal funding flows and stock loan processes
  • Experience using the following platforms; Booking Tool, S1, ET1, Titan, Hydrogen, Bloomberg, Excel, GDA, Quartz, D1RV, Flow Risk, PLApp2, PBT, QATE, QMM, PDLite, and our internal RAM/EPX data centers
  • Experience implementing process improvements and streamlining risk management, pricing and marking
  • Detailed understanding of corporate actions and index rebalance events
  • Some technical experience in programming languages, e.g. knowledge of Python and R. Microsoft Office and Adobe applications
  • A strong understanding of financing activities within a banking organisation
  • Strong communication skills, written and verbal.
 Source: for more information click here.
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