At a Glance
- Tasks: Price equity derivatives and manage market risks while collaborating with key stakeholders.
- Company: Join ING, a forward-thinking bank focused on empowering clients and fostering innovation.
- Benefits: Competitive salary, diverse culture, and opportunities for professional growth.
- Other info: Embrace a collaborative environment that values integrity and work/life balance.
- Why this job: Be part of a dynamic team shaping the future of equity derivatives.
- Qualifications: 3+ years in equity derivatives trading and strong analytical skills required.
The predicted salary is between 80000 - 120000 £ 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:
- Price equity derivatives transactions and manage associated market and risk exposures.
- Work in close partnership with Sales, Risk Management and other key stakeholders to deliver optimal client solutions.
- Monitor and manage portfolio exposures, ensuring full compliance with internal risk limits, governance and control frameworks.
- Ensure that risk parameters are marked in an effective manner.
- Proactively identify new business opportunities and contribute to the strategic growth of the equity derivatives franchise.
Candidate Profile
- Experience (3y+) 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.
- 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.
VP, Equity Derivatives Trader: Strategic Market Maker employer: ING
Contact Detail:
ING Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land VP, Equity Derivatives Trader: Strategic Market Maker
✨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 employees at ING. Building relationships can open doors that a CV just can’t.
✨Showcase Your Skills
When you get the chance to chat with potential employers, make sure to highlight your experience with equity derivatives and risk management. Use specific examples to demonstrate how you've successfully navigated challenges in the past.
✨Be Proactive
Don’t wait for job openings to pop up! Reach out directly to ING and express your interest in the VP role. A proactive approach shows your enthusiasm and can set you apart from other candidates.
✨Apply Through Our Website
Make sure to apply through the ING website. It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining the team!
We think you need these skills to ace VP, Equity Derivatives Trader: Strategic Market Maker
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the VP, Equity Derivatives Trader role. Highlight your experience in trading equity derivatives and any relevant skills that align with our goals at ING. We want to see how you can contribute to our strategic 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 how you've successfully managed market exposures or identified new business opportunities in the past. We love a good story!
Showcase Your Analytical Skills: Since this role requires strong analytical and problem-solving skills, make sure to highlight these in your application. Whether it's through your previous work experience or academic achievements, we want to see how you tackle challenges head-on.
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 gives you a chance to explore more about ING and our culture before you hit 'send'!
How to prepare for a job interview at ING
✨Know Your Numbers
Make sure you brush up on your equity derivatives knowledge, especially around pricing and hedging strategies. Be ready to discuss specific examples from your experience where you've successfully managed market and risk exposures.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical and problem-solving skills. Think of scenarios where you've identified new business opportunities or improved processes in your previous roles, and be ready to share those stories.
✨Communicate Effectively
Since this role involves working closely with Sales and Risk Management, practice articulating your thoughts clearly. Use examples that highlight your excellent communication and interpersonal skills, showing how you can collaborate effectively with different teams.
✨Embrace the Culture
Familiarise yourself with ING's values and behaviours outlined in the Orange Code. Be prepared to discuss how you embody these principles in your work, particularly around integrity, collaboration, and innovation. This will show that you're not just a fit for the role, but also for the company culture.