At a Glance
- Tasks: Manage equity derivatives trading and develop strategies for corporate clients.
- Company: ING, a leading bank with a focus on innovation and client experience.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Why this job: Join a rapidly expanding team and make a significant impact in the finance sector.
- Qualifications: 7+ years of equity derivatives trading experience and strong analytical skills.
- Other info: Opportunity to mentor junior team members and collaborate across departments.
The predicted salary is between 43200 - 72000 Β£ per year.
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 of Role:
- 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:
- Experience (7y+) trading equity derivatives.
- Manage and mentor more junior members in the team.
- Strong understanding of derivative pricing and hedging strategies.
- Experience with volatility modelling and managing light exotic products.
- Degree holder in Finance or STEM subject.
- Experience with corporate equity derivatives and the relevant products and structures.
- Entrepreneurial spirit with a proactive approach to identifying and capitalizing on market opportunities.
- Strong analytical and problem-solving skills.
- Excellent communication and interpersonal skills.
- Foster collaboration with other teams and stakeholders.
- Ability to work independently and as part of a team.
- High level of integrity and professionalism.
Equity Derivatives Trader (Director) in London employer: ING
Contact Detail:
ING Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Equity Derivatives Trader (Director) in London
β¨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those who are already in equity derivatives. A friendly chat can lead to insider info about job openings or even a referral.
β¨Tip Number 2
Show off your skills! Prepare a portfolio that highlights your trading strategies and successes. When you get the chance to meet potential employers, having tangible examples of your work can really set you apart.
β¨Tip Number 3
Stay updated on market trends! Being knowledgeable about the latest developments in equity derivatives will not only boost your confidence but also impress interviewers. It shows you're passionate and proactive.
β¨Tip Number 4
Apply through our website! We at StudySmarter encourage you to submit your application directly on our platform. Itβs a great way to ensure your application gets the attention it deserves.
We think you need these skills to ace Equity Derivatives Trader (Director) in London
Some tips for your application π«‘
Tailor Your CV: Make sure your CV reflects the specific skills and experiences that align with the Equity Derivatives Trader role. Highlight your trading experience, especially in equity derivatives, and any relevant achievements that showcase your ability to manage and grow portfolios.
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 at ING. Mention your entrepreneurial spirit and how you can contribute to the growth of the equity derivatives business while enhancing client experiences.
Showcase Your Analytical Skills: Since strong analytical and problem-solving skills are key for this position, make sure to include examples in your application that demonstrate these abilities. Whether it's through past trading strategies or risk management experiences, let us see your thought process!
Apply Through Our Website: We encourage you to apply directly through our website. Itβs the best way for us to receive your application and ensures youβre considered for the role. Plus, it shows your enthusiasm for joining our team at ING!
How to prepare for a job interview at ING
β¨Know Your Numbers
As an Equity Derivatives Trader, youβll need to demonstrate a strong grasp of derivative pricing and hedging strategies. Brush up on your quantitative skills and be ready to discuss specific examples from your past experience where you successfully managed equity derivative positions.
β¨Showcase Your Collaborative Spirit
Collaboration is key in this role, so prepare to talk about how you've worked with sales, risk management, and other stakeholders in the past. Think of specific instances where your teamwork led to successful outcomes for clients, as this will highlight your ability to foster collaboration.
β¨Be Proactive About Market Opportunities
ING is looking for someone with an entrepreneurial spirit. Come prepared with insights on current market trends and potential opportunities within equity derivatives. This shows that youβre not just reactive but also proactive in identifying ways to grow the business.
β¨Demonstrate Leadership Skills
Since you'll be managing and mentoring junior team members, be ready to discuss your leadership style. Share examples of how you've guided others in the past, particularly in high-pressure situations, to showcase your ability to lead effectively while maintaining professionalism.