At a Glance
- Tasks: Support management of the European and US Total Return Swap book and identify trading opportunities.
- Company: Join CITIC CLSA, a leading financial services firm with a global presence.
- Benefits: Competitive salary, dynamic work environment, and opportunities for professional growth.
- Why this job: Be at the forefront of trading strategies and market analysis in a fast-paced industry.
- Qualifications: Bachelor's degree in Finance or related field and 3 years of experience in Equity Derivatives.
- Other info: Collaborate with a diverse team and develop innovative trading tools.
The predicted salary is between 36000 - 60000 £ per year.
The Junior D1 Trader will support management of the European and US Total Return Swap book. The role involves monitoring and analysing market conditions, inventory stability, and news flow to identify outperformance and trading opportunities. The successful candidate will contribute to the development of systematic transaction analysis tools and hedging/alpha strategies across EMEA and US markets, while overseeing automated trading programs during LN hours.
Key areas of Responsibilities:
- Managing the European and US TRS book.
- Hedging risks of the book in the European and US market opening time.
- Analysing inventory stability and looking for outperformance opportunities.
- Developing systematic tool of transaction analysis.
- Developing the systematic hedging/alpha strategy on EMEA/US market.
- Monitoring the automated trading program developed by EQD BJ team during LN hours.
- Working with traders from other regions on the cross-region arbitrage.
- Monitoring and analysing market conditions, news, and events to identify potential risks and opportunities.
- Exploring and analysing diverse datasets to identify trading opportunities and market trends.
Requirements:
- Bachelor’s degree or higher (Master’s preferred) holder in Finance, Mathematics, Sciences, Engineering or a related field.
- Minimum 3 years of experience in Equity Derivatives, ideally with D1 trading exposure.
- Excellent command of spoken and written English and Chinese.
- Coding skills are preferred.
- Strong work ethic and motivation.
- Excellent communication skills, both written and spoken, in English.
- Ability to think fast and critically, solve various problems arising from trading, risk and operations.
- Ability to work under pressure and collaborate in a team.
Junior Trader, Equity Derivatives - CITIC CLSA in London employer: CITIC CLSA
Contact Detail:
CITIC CLSA Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Junior Trader, Equity Derivatives - CITIC CLSA in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by practising common questions and scenarios related to trading and market analysis. We recommend doing mock interviews with friends or using online platforms to get comfortable with your responses.
✨Tip Number 3
Showcase your skills! Create a portfolio that highlights your analytical abilities and any tools you've developed. This will give you an edge when discussing your experience during interviews.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Junior Trader, Equity Derivatives - CITIC CLSA in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Junior Trader role. Highlight your experience in Equity Derivatives and any relevant skills, like coding or market analysis. We want to see how you can contribute to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about trading and how your background fits with our needs. Be sure to mention your analytical skills and any experience with systematic tools.
Showcase Your Skills: Don’t forget to showcase your skills in finance, mathematics, or engineering. If you've developed any trading strategies or tools, let us know! We love seeing candidates who can think critically and solve problems.
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and we’ll be able to review your application quickly. Don’t miss out on this opportunity!
How to prepare for a job interview at CITIC CLSA
✨Know Your Market
Before the interview, dive deep into current market conditions, especially in the European and US Total Return Swap sectors. Familiarise yourself with recent news and trends that could impact trading opportunities. This will not only show your enthusiasm but also your ability to analyse and respond to market dynamics.
✨Showcase Your Analytical Skills
Be prepared to discuss your experience with systematic transaction analysis tools and hedging strategies. Bring examples of how you've used data to identify trading opportunities in the past. This will demonstrate your practical knowledge and problem-solving abilities, which are crucial for the role.
✨Highlight Team Collaboration
Since the role involves working with traders from other regions, emphasise your teamwork skills. Share specific instances where you collaborated effectively with others to achieve a common goal, especially in high-pressure situations. This will illustrate your ability to thrive in a team-oriented environment.
✨Brush Up on Coding Skills
If coding skills are preferred, make sure you're comfortable discussing any relevant programming languages or tools you've used. Even if you're not a coding expert, showing a willingness to learn and adapt can set you apart. Consider preparing a few examples of how you've applied coding in your previous roles.