At a Glance
- Tasks: Manage a rates options trading book and drive strategic desk direction.
- Company: Top-tier investment bank with a focus on innovation and collaboration.
- Benefits: Competitive salary, performance bonuses, and opportunities for mentorship.
- Other info: Opportunity to mentor junior traders and shape the desk's culture.
- Why this job: Join a dynamic team and make impactful decisions in the trading world.
- Qualifications: Extensive experience in rates options trading and strong risk management skills.
The predicted salary is between 80000 - 120000 £ per year.
Key Responsibilities
- Run a rates options / volatility trading book across G10, with a focus on strong and consistent P&L generation.
- Price, risk-manage and trade vanilla and exotic interest rate options (swaptions, Bermudans, callable structures, etc.).
- Drive the development and expansion of the non-linear rates franchise in collaboration with Sales, Structuring and Quant teams.
- Manage and hedge complex risk exposures across volatility surfaces, skew and correlation.
- Contribute to strategic direction of the desk, including product development and client solutions.
- Work closely with institutional clients (banks, asset managers, hedge funds) to deliver liquidity and tailored solutions.
- Mentor junior traders and contribute to overall desk performance and culture.
Requirements
- Extensive experience in Rates Options / Volatility Trading within a top-tier investment bank.
- Proven track record of managing a profitable trading book with strong risk discipline.
- Deep understanding of interest rate derivatives pricing, modelling, and risk management.
- Experience across both vanilla and exotic products preferred.
- Strong technical skillset with ability to engage with Quants and Structurers.
- Demonstrated ability to operate at Director / Senior Director level, with client interaction and franchise-building experience.
Senior Options trader in London employer: Selby Jennings
As a leading investment bank, we pride ourselves on fostering a dynamic and inclusive work culture that empowers our employees to excel in their roles. Our Senior Options Traders benefit from unparalleled opportunities for professional growth, mentorship from industry experts, and the chance to collaborate with top-tier clients and teams. Located in a vibrant financial hub, we offer competitive compensation packages and a commitment to work-life balance, making us an exceptional employer for those seeking a rewarding career in trading.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Options trader in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Selby Jennings. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Senior Options trader in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Selby Jennings.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Selby Jennings's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Selby Jennings
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Selby Jennings.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Selby Jennings will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Selby Jennings employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
