At a Glance
- Tasks: Trade equity derivatives and manage risk for corporate clients.
- Company: Join ING, a leader in innovative financial solutions.
- Benefits: Competitive salary, work-life balance, and a collaborative culture.
- Why this job: Be part of a dynamic team shaping the future of equity derivatives.
- Qualifications: 5+ years trading experience and strong analytical skills required.
- Other info: Diversity and integrity are at the heart of our success.
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.
ING Privacy Statement In order to operate ING's recruitment process, we will collect and store personal data you provide. Please request the privacy statement should you wish to understand how ING UK uses and protects this information and visit our website for more information.
Equity Derivatives Trader - VP employer: ING Group
Contact Detail:
ING Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Equity Derivatives Trader - VP
✨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. We all know that sometimes it’s not just what you know, but who you know that can land you that dream job.
✨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 coding skills you have. We want to see how you can bring value to the team, so be ready to discuss your past successes and how they relate to the role.
✨Prepare for the Interview
Do your homework on ING and the equity derivatives market before your interview. We’re looking for candidates who are not only knowledgeable but also passionate about the field. Brush up on your derivative pricing and hedging strategies, and be prepared to discuss them in detail.
✨Apply Through Our Website
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows us that you’re genuinely interested in joining our team and contributing to our ambitious goals.
We think you need these skills to ace Equity Derivatives Trader - VP
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 the perfect fit for this role. Share specific examples of your trading strategies and how you've successfully managed risk in the past. We love a good story!
Showcase Your Analytical Skills: Since strong analytical skills are essential for this position, make sure to include examples of how you've used these skills in your previous roles. Whether it's through problem-solving or market analysis, we want to see your thought process!
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 shows you’re keen on joining our team at ING!
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 specific examples where you've successfully managed risk and produced consistent P&L. Use data and metrics to back up your claims, as this will demonstrate your analytical prowess and problem-solving abilities.
✨Demonstrate Team Collaboration
ING values collaboration, so be ready to share experiences where you've worked closely with sales, risk management, or other stakeholders. Emphasise how you contributed to team success and how you can bring that spirit to their equity derivatives portfolio.
✨Embrace the Entrepreneurial Spirit
Show that you have a proactive approach to identifying market opportunities. Prepare to discuss any innovative trading strategies you've developed in the past and how they could apply to ING's ambitions in the equity derivatives space.