At a Glance
- Tasks: Support management of trading books and analyse market conditions for opportunities.
- Company: Join a leading financial firm with a dynamic trading environment.
- Benefits: Competitive salary, professional development, and collaborative team culture.
- Other info: Exciting career growth and the chance to work with global teams.
- Why this job: Dive into the fast-paced world of trading and make impactful decisions.
- Qualifications: Bachelor's degree in Finance or related field; 3 years in Equity Derivatives preferred.
The predicted salary is between 60000 - 80000 £ 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 in London employer: CITIC
Contact Detail:
CITIC Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Junior Trader, Equity Derivatives 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 mentors to build your confidence and refine your answers.
✨Tip Number 3
Showcase your skills! If you’ve developed any tools or strategies in your previous roles, be ready to discuss them. Bring examples of how you’ve analysed market conditions or identified trading opportunities to the table.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Junior Trader, Equity Derivatives 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 coding skills. We want to see how your background aligns with our needs!
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 you can contribute to our team. Keep it concise but impactful – we love a good story!
Showcase Your Analytical Skills: Since the role involves analysing market conditions and identifying trading opportunities, make sure to showcase any relevant projects or experiences that demonstrate your analytical prowess. We’re keen on seeing how you think!
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy – just a few clicks and you’re done!
How to prepare for a job interview at CITIC
✨Know Your Market
Before the interview, dive deep into current market conditions, especially in equity derivatives. Familiarise yourself with recent news and trends that could impact trading strategies. This will not only show your enthusiasm but also your ability to analyse and adapt to market changes.
✨Showcase Your Analytical Skills
Be prepared to discuss specific examples of how you've used data analysis to identify trading opportunities or manage risks in previous roles. Highlight any systematic tools or strategies you've developed, as this aligns perfectly with the responsibilities of the Junior Trader position.
✨Demonstrate Team Collaboration
Since the role involves working with traders from other regions, emphasise your experience in collaborative environments. Share instances where you successfully worked in a team to solve problems or develop strategies, showcasing your communication skills and ability to thrive under pressure.
✨Brush Up on Coding Skills
If coding skills are preferred for this role, make sure you're comfortable discussing any relevant programming languages or tools you've used. Prepare to explain how these skills can enhance transaction analysis or automated trading programs, as this could set you apart from other candidates.