Equity Derivatives Trader - Index Flow

Position Objective:

The equity index derivatives trading team (focused on risk, pricing & hedging within the US) is looking for a volatility trader. The Index desk covers vanilla options and variance swaps on all the US indices (including volatility indices like VIX) and ETFs (including international and cross-asset ETFs).

Key Responsibilities:

• Coordinate internally with other desks and externally with inter-dealer brokers in order to seek and analyze trade opportunities to optimize hedging and increase efficiency
• Maintain the existing tools necessary for the desk to operate and manage risks properly, as well as develop new ones
• Manage risk, pricing and hedging of a variety of index derivatives products
• Execute trades, including stocks, futures, options and variance swaps in order to hedge customer trades
• Generate market color, ideas and axes to maximize client revenues

Development Value:

The candidate will be part of a top-tier trading team and immediately be involved in all aspects of maintaining and expanding the franchise: from pricing, risk management and technology initiatives.

Qualifications:

• Strong knowledge of derivative products
• Strong verbal communication and analytical skills
• Good reputation, hard worker, team player, ability to act fast under pressure
• A similar role with a leading bank, market maker, or hedge fund with volatility experience, ideally index focused.
• Programming skills are a plus
• Strong knowledge of the Equity and Options markets
• 6y+ of derivatives trading experience.
• Ability to partner and build working relationships with colleagues across trading, sales, quants, strategy and support desks

Other:

• Education Level: Bachelor's Degree or higher

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Job Family Group:

Institutional Trading

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Job Family:

Trading

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Time Type:

Full time

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Primary Location:

New York New York United States

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Primary Location Salary Range:

$225,000.00 - $300,000.00

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