At a Glance
- Tasks: Manage equity derivative positions and develop trading strategies for corporate clients.
- Company: ING, a rapidly expanding player in the equity derivatives market.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Why this job: Join a forward-thinking team and make a real impact in the finance sector.
- Qualifications: 5+ years of experience in equity derivatives and strong analytical skills.
- Other info: Opportunity to work with senior traders and grow your career in finance.
The predicted salary is between 72000 - 108000 £ 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 and 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.
Equity Derivatives Trader - VP employer: ING
Contact Detail:
ING 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 on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can land you that VP role.
✨Show Off Your Skills
When you get the chance to chat with potential employers, make sure to highlight your experience with equity derivatives and your knack for risk management. We want to see you confidently discuss your trading strategies and how you've optimised portfolios in the past!
✨Prepare for the Interview
Do your homework before the interview! Brush up on the latest trends in the European equity derivatives market and be ready to discuss how you can contribute to ING's ambitions. We love seeing candidates who are genuinely interested and informed about our goals.
✨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, we’re always looking for passionate individuals who want to help us create a digitalised, frictionless environment for our clients.
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 experience and how you've successfully managed risk in the past. Let us know what excites you about working with us!
Showcase Your Analytical Skills: Since strong analytical skills are essential, make sure to include examples of how you've used these skills in your previous roles. Whether it's through problem-solving or developing trading strategies, we want to see your thought process in action!
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 us you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at ING
✨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 past experiences trading these products and how you've managed risk in your previous roles.
✨Showcase Your Analytical Skills
Since the role requires strong analytical abilities, come ready with examples of how you've solved complex problems in trading. Think about specific situations where your analysis led to successful outcomes or improved P&L.
✨Demonstrate Team Collaboration
This position involves working closely with Sales and Risk Management, so be ready to share examples of how you've collaborated with different teams in the past. Highlight your communication skills and how they helped achieve common goals.
✨Be Proactive About Market Opportunities
Show your entrepreneurial spirit by discussing how you've identified and capitalised on market opportunities before. Prepare to talk about any innovative trading strategies you've implemented and their impact on your portfolio.