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- Tasks: Manage equity derivatives, assess risks, and improve trading efficiency daily.
- Company: CMC Markets is a leading global financial services provider.
- Benefits: Enjoy flexible working options and a dynamic corporate culture.
- Why this job: Join a fast-paced environment where your insights directly impact trading strategies.
- Qualifications: No prior experience required; just a passion for finance and analytics.
- Other info: Collaborate with experts and develop innovative risk management tools.
The predicted salary is between 43200 - 72000 £ per year.
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.
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CMC Markets | Derivatives Trader employer: BestForexBonus.com
Contact Detail:
BestForexBonus.com Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land CMC Markets | Derivatives Trader
✨Tip Number 1
Familiarise yourself with the latest trends in equity derivatives and hedging strategies. This will not only help you understand the role better but also allow you to engage in informed discussions during interviews.
✨Tip Number 2
Network with professionals in the trading and derivatives space. Attend industry events or webinars to connect with potential colleagues and learn about their experiences, which can give you insights into the company culture at CMC Markets.
✨Tip Number 3
Stay updated on market changes and financial news. Being able to discuss recent developments and their implications on trading strategies will demonstrate your proactive approach and genuine interest in the field.
✨Tip Number 4
Prepare to showcase your analytical skills by discussing any relevant projects or experiences where you've successfully managed risk or improved processes. This will highlight your capability to contribute effectively to the Derivatives team.
We think you need these skills to ace CMC Markets | Derivatives Trader
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Derivatives Trader at CMC Markets. Familiarise yourself with key terms like hedging, equity derivatives, and risk management to demonstrate your knowledge in your application.
Tailor Your CV: Highlight relevant experience in trading, risk assessment, and financial markets in your CV. Use specific examples that showcase your ability to manage exposures and communicate effectively with teams, as these are crucial for the role.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also expresses your enthusiasm for the role. Mention how your skills align with the job description, particularly in areas like process improvement and collaboration with support functions.
Showcase Analytical Skills: In your application, emphasise your analytical skills and experience with developing risk management strategies. Provide examples of how you've successfully monitored market changes and adapted strategies accordingly.
How to prepare for a job interview at BestForexBonus.com
✨Understand the Role
Make sure you have a solid grasp of what a Derivatives Trader does, especially in relation to hedging and managing exposures. Familiarise yourself with key concepts like spot and volatility trading, as well as the operational elements involved.
✨Showcase Your Analytical Skills
Be prepared to discuss how you assess potential risks and monitor financial markets. Highlight any experience you have with risk management strategies and how you've contributed to improving efficiency in previous roles.
✨Communicate Effectively
Since the role involves liaising with various departments, practice articulating your thoughts clearly. Be ready to explain complex ideas simply, especially when discussing your past experiences with cross-departmental collaboration.
✨Stay Updated on Market Trends
Demonstrate your knowledge of current market changes and how they impact trading strategies. Bring examples of recent market events and be ready to discuss how you would adapt CMC’s hedging and inventory management strategies accordingly.
