CMC Markets | Derivatives Trader

Job description: Focus on hedging of Equity Derivatives. Manage exposures (Spot, volatility etc.) across the global trading book. Monitor financial markets, assess potential risks to the book, proactively hedge them and communicate those to the rest of the team. Oversee operational elements of the book and liaise closely with middle and back office to resolve any issues. Design and implement processes to improve efficiency within the Derivatives pillar. Liaise with support functions (Finance, Risk, Regulatory) on position reporting, analysis and PnL evaluation. Contribute to the creation of solutions and tools to support the trading function. Follow closely market changes and ensure the adequacy of CMC’s own hedging and inventory management strategies. Work with client-facing staff to effectively and appropriately promote the Derivatives desk’s offering with its target audience. Monitor client flow and positions and understand the drivers behind the inherited risk. Work alongside Derivatives Quants to develop and back-test new risk management strategies. Work with Derivatives Development team to improve automated tools to aid monitoring and alerting in relation to key trading metrics and provide quality assurance to system changes before their release to live environments. Adhere to compliance and company procedure. Be a point of contact for other departments including Operations, Trading Applications Support, Business Intelligence, Customer Services and Sales. #J-18808-Ljbffr