About our Client
Our client is an established European bank based in London looking to add an interest rate options trader to their team. With a global presence they have a global network of clients ranging from institutions such as hedge funds and asset managers, to Corporate's, HNW and UHNW.
About the role
The role is a Trader on the Interest Rate Option Trading desks. You will be expected to support the desk executing trades for clients while also being able to provide market colour and insight to clients. Some key responsibilities include:
- Participating in the implementation of the global strategy, business goals and financial target of the desk in order to comply with all relevant law and regulations (UK and EU).
- Participate in the maintenance of the operational effectiveness of processes and controls by established as the 1st line of defence controls to manage both non-financial and financial risks.
- Escalate to local and/or global management through appropriate reporting lines of issues relating to risk or other matters of concern.
- Risk management and positioning of IRO books.
- Pricing & execution of client trades.
- Promote products and educate salesforce re: IRO product offering.
- Following market developments with respect to new valuation models in the option market.
- Provide support to FX Option desk when required
About you
The ideal candidate will have:
- Market Risk & Risk Management knowledge
- Understanding of Regulatory Policy
- Financial derivative knowledge of vanilla and exotic interest option products.
- Strong Excel skills and competence
- Experience within client-facing environment.
- Knowledge of Caps and floor and Swaptions.
If this sounds like a role you would be interested in, or would like to know more about please get in touch and send your CV.
