At a Glance
- Tasks: Manage equity derivative positions and develop trading strategies for corporate clients.
- Company: Join ING, a forward-thinking bank focused on innovation and client experience.
- Benefits: Competitive salary, work-life balance, and opportunities for professional growth.
- Why this job: Be part of a dynamic team shaping the future of equity derivatives.
- Qualifications: 5+ years in equity derivatives trading and strong analytical skills.
- Other info: Embrace a culture of collaboration and integrity at ING.
The predicted salary is between 43200 - 72000 £ per year.
Department Overview
ING is rapidly expanding its ambitions within Equity Derivatives with a strategic focus on its corporate clients. Our goal is to offer a comprehensive range of equity derivative solutions to our clients across the wholesale bank. We aim to create a digitalized, frictionless environment that supports our growth and enhances our clients' experience. We are seeking an experienced and commercially minded Vice President to help us achieve these ambitions.
Main Duties and Responsibilities
- Quoting for clients and risk managing equity derivative positions.
- Work with senior traders to manage and grow the equity derivatives portfolio with emphasis on single stocks and solutions for our corporate clients.
- Collaborate closely with Sales, Risk Management and other stakeholders to deliver for our clients.
- Risk manage and monitor exposures from the portfolio and ensure adherence to internal risk limits and policies.
- Ensure that risk parameters are marked in an effective manner.
- Develop and implement trading strategies to optimise hedging of the portfolio.
- Help identify new opportunities and contribute to the ambitions of the equity derivatives business.
Candidate Profile
Experience/Knowledge
Essential:- Experience (5y+) trading equity derivatives.
- Strong understanding of derivative pricing and hedging strategies.
- Experience with volatility modelling and managing light exotic products.
- Demonstrated ability to risk manage and produce consistent P&L.
- Working knowledge of European equity derivatives market.
- Degree holder in Finance or STEM subject.
- Experience with corporate equity derivatives and the relevant products and structures.
- Coding skills.
Personal Competencies
Essential:- Entrepreneurial spirit with a proactive approach to identifying and capitalizing on market opportunities.
- Strong analytical and problem-solving skills.
- Excellent communication and interpersonal skills.
- Ability to work independently and as part of a team.
- High level of integrity and professionalism.
ING’s purpose is ‘Empowering people to stay a step ahead in life and in business’. Every ING colleague is given the opportunity to contribute to that vision. We champion self-reliance and foster a collaborative and innovative culture. The Orange Code is our global manifesto for how we stay true to our purpose and our tradition of reinvention and empowerment. It is made up of ING Values (we are honest; we are prudent; we are responsible) and ING Behaviours: (you take it on and make it happen; you help others to be successful; you are always a step ahead).
For us, success will only be achieved if we act with Integrity. Some companies see diversity as a box to be ticked. We see it as fundamental to our success and we encourage a proper work/life balance. At ING, you will be judged on your performance in line with the Orange Code. And that’s a promise.
Equity Derivatives Trader - VP in City of London employer: ING Group
Contact Detail:
ING Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Equity Derivatives Trader - VP in City of London
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out to current traders or professionals at ING. Building relationships can open doors that a CV just can’t.
✨Show Off Your Skills
When you get the chance to chat with potential employers, make sure to highlight your experience with equity derivatives and any unique strategies you've developed. We want to see your entrepreneurial spirit shine through!
✨Prepare for the Interview
Do your homework on ING and the equity derivatives market. Be ready to discuss how you can contribute to their goals and bring innovative ideas to the table. Confidence is key, so practice your pitch!
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining our team at ING.
We think you need these skills to ace Equity Derivatives Trader - VP in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Equity Derivatives Trader role. Highlight your experience in trading equity derivatives and any relevant skills that match the job description. We want to see how your background aligns with our ambitions!
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 you can contribute to our team. Be sure to mention specific experiences that demonstrate your entrepreneurial spirit and problem-solving skills.
Showcase Your Analytical Skills: Since this role requires strong analytical abilities, make sure to include examples of how you've successfully managed risk and produced consistent P&L in your previous roles. We love seeing concrete results that back up your claims!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our innovative culture!
How to prepare for a job interview at ING Group
✨Know Your Derivatives Inside Out
Make sure you brush up on your knowledge of equity derivatives, especially pricing and hedging strategies. Be prepared to discuss your experience with volatility modelling and light exotic products, as these are crucial for the role.
✨Showcase Your Analytical Skills
During the interview, highlight your strong analytical and problem-solving skills. Prepare examples of how you've successfully risk-managed portfolios in the past and produced consistent P&L, as this will demonstrate your capability to handle the responsibilities of the position.
✨Communicate Effectively
Excellent communication is key in this role. Practice articulating your thoughts clearly and concisely, especially when discussing complex trading strategies or market opportunities. Remember, you’ll need to collaborate closely with Sales and Risk Management, so showing you can communicate well is essential.
✨Embrace the Entrepreneurial Spirit
ING values an entrepreneurial mindset, so be ready to share instances where you've identified and capitalised on market opportunities. Show that you’re proactive and can think outside the box, which aligns with their culture of innovation and collaboration.