At a Glance
- Tasks: Support trading teams by booking and processing equity derivatives trades.
- Company: Join a leading financial services firm with a dynamic work culture.
- Benefits: Competitive salary, professional development, and opportunities for growth.
- Other info: Fast-paced environment with a focus on learning and career advancement.
- Why this job: Be at the forefront of equity trading and learn from industry experts.
- Qualifications: Degree in Mathematics, Finance or related field; detail-oriented and team player.
The predicted salary is between 50000 - 70000 £ per year.
The position is within Front Office, reporting to Equity Derivatives Department. The role will work directly with the Front Office Trading, Sales, Structurers and Quantitative desks covering trade booking for the Equity Derivatives products.
Key Areas of Responsibility
- Check automated bookings for Delta One, Flow and Exotic Derivatives Products
- Trade booking of vanilla instruments, including vanilla equity options, stocks, futures, TRS, IRS, FX (swap/ spot/ NDF) across global underlying
- Trade booking of Structured Products, including Autocallables, Sharkfin, Boosters, BEN, FCN, ELN etc
- Process life cycle events, including expiries, early termination, redemption by cash/ physical delivery, coupon pay-outs, corporate action adjustments, etc.
- Process trade confirmations and term sheets
- Setup and send valuation reports to clients
- Prepare periodic/ ad-hoc trade summaries for internal reporting purposes
- Handle other daily tasks such as PnL reconciliations liaising with Product Control, Operations, Finance
Requirements
- Degree holder in Mathematics, Statistics, Finance or related discipline(s).
- Basic understanding of vanilla and exotic products for equities
- Detail oriented, focus in accuracy and time management
- Strong communication and interpersonal skills
- Ability to work in a fast paced team environment
- Willingness to learn and not afraid to take on new tasks
- Ability to quickly learn new payoffs, booking models and concepts
- Ideally 3-5 years of Trade Support experience either working with a Trading Desk or in a Middle Office function on the trading desk
- Any experience in using Calypso is a plus
Associate, Equity Derivatives Trade Services, Equity Derivatives in London employer: CITIC
As a Business Manager at our EMEA location, you will thrive in a dynamic and collaborative environment that prioritises operational excellence and strategic growth. We offer a culture of high performance, continuous improvement, and strong leadership support, alongside opportunities for professional development and innovation. Join us to be part of a forward-thinking team that values integrity and fosters meaningful relationships across the financial landscape.
StudySmarter Expert Advice🤫
We think this is how you could land Associate, Equity Derivatives Trade Services, Equity Derivatives in London
✨Tip Number 1
Network like a pro! Reach out to folks in the industry, especially those working in equity derivatives. A casual chat can lead to opportunities you might not find on job boards.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of vanilla and exotic products. Be ready to discuss how your skills align with the fast-paced environment of a trading desk.
✨Tip Number 3
Show off your detail-oriented nature! During interviews, share examples of how you've managed accuracy and time management in previous roles. It’s all about demonstrating that you can handle the pressure.
✨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 Associate, Equity Derivatives Trade Services, Equity Derivatives in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the role of Associate in Equity Derivatives Trade Services. Highlight any relevant experience with trade booking, especially with vanilla and exotic products, as well as your understanding of the financial markets.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about equity derivatives and how your skills align with our needs. Don’t forget to mention your willingness to learn and adapt in a fast-paced environment.
Showcase Your Attention to Detail:Since this role requires a keen eye for detail, make sure to demonstrate your accuracy in previous roles. Whether it's through specific examples or metrics, show us how you’ve successfully managed tasks that require precision.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re proactive and keen on joining our team!
How to prepare for a job interview at CITIC
✨Know Your Products
Make sure you have a solid understanding of both vanilla and exotic equity derivatives. Brush up on the specifics of products like autocallables and sharkfin structures, as well as their life cycle events. This knowledge will not only impress your interviewers but also show that you're ready to hit the ground running.
✨Showcase Your Attention to Detail
Since the role requires a keen focus on accuracy, be prepared to discuss examples from your past experiences where your attention to detail made a difference. Whether it was in trade booking or PnL reconciliations, highlight how your meticulous nature has contributed to successful outcomes.
✨Communicate Effectively
Strong communication skills are essential for this position. Practice articulating complex concepts clearly and concisely. During the interview, engage with your interviewers by asking insightful questions about their processes and challenges, demonstrating your interpersonal skills and eagerness to collaborate.
✨Emphasise Your Learning Mindset
The ability to learn quickly and adapt is crucial in a fast-paced environment. Share instances where you've successfully taken on new tasks or learned new systems, especially if you have experience with tools like Calypso. This will show that you're not just capable but also enthusiastic about growing within the role.
