Vice President, Equity Derivatives Trader (32971)

Mitsubishi UFJ Securities (USA) ,
London, Greater London
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Job Description

Overview of the Department/Section International Equity Derivatives team focused on Volatility, Delta-1 and bespoke Corporate Client Solutions. Main Purpose of the Role * Trading role mainly focussed on pricing/hedging of equity structured products and light-exotics and managing associated dynamic volatility/correlation book, along with providing support to the Delta one platform. * Good cultural fit essential as working in a small trading team with a broad mandate trading a global book so candidate needs to be proactive, resilient, collegiate and good at engaging with all key stakeholder around the bank such as Management, OPS, Risk, and Finance * Well-rounded with strong awareness of all aspects of the trading mandate include pertinent regulatory and operational aspects. * Technically proficient, good quantitative degree with a good understanding of both the technical aspects of an exotics portfolio and the dynamics of relevant volatility markets. Key Responsibilities * Price and hedging of equity linked-structured products with emphasis on efficient hedge design and execution * Efficient risk management of dynamic Index/Single-Stock volatility and correlation book * Oversee operational elements of the book liaising closely with Middle and back office to resolve any issues and implement process and platform enhancements * Develop and maintain desk tool-suite to enhance position management and marking, working closely with the Quants teams * Liaise closely with middle office(Finance/Risk) on position reporting and analysis Work Experience Essential: * 2y-5y experience trading volatility products, ideally with structured products focus * Current working knowledge of latest industry initiatives impacting equity derivatives (e.g. MIFIDII, FRTB, IBOR decommissioning) Preferred * Experience in development and maintenance of both desk models/tools and directing wider infrastructure initiatives/projects * Proficiency in relevant programming languages e.g. Python / Matlab / R Skills and Experience Functional / Technical Competencies: Essential * Proficiency in all aspects of trading volatility positions from execution though to trade lifecycle * Technical proficiency in use of trading platforms e.g. Bbg/Markitwire/ICE/Citifox Preferred * Proficiency in relevant programming languages e.g. Python / Matlab / R Education / Qualifications: Essential * Degree from top-tier institution in a numerate discipline * Regulatory (FCA) Certification Preferred: * Further professional qualifications (Masters/CFA/CQF) and advantage * Additional language skills could be an advantage Personal Requirements * Excellent communication skills * Results driven, with a strong sense of accountability * A proactive, motivated approach. * The ability to operate with urgency and prioritise work accordingly * Strong decision making skills, the ability to demonstrate sound judgement * A structured and logical approach to work * Strong problem solving skills * A creative and innovative approach to work * Excellent interpersonal skills * The ability to manage large workloads and tight deadlines * Excellent attention to detail and accuracy * A calm approach, with the ability to perform well in a pressurised environment * Strong numerical skills * Excellent Microsoft Office skills

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