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ING Hubs Poland · 4 months ago

Non-linear Rates Trader

New York

Full-time

Hybrid

Lead/Staff, Director/Executive

$230K/yr - $270K/yr

5+ years exp

ING is a global financial services company looking for a Non-Linear/Interest Rates Options Trader to join their New York Financial Markets division as a Vice-President. The role involves trading non-linear products across Rates, Credit, and FX products, as well as collaborating with various teams to enhance operational efficiency and develop new products.

AppsInformation TechnologyPaaSSoftware

Responsibilities

Structuring, pricing and execution of structured deals & solutions required by corporate clients, financial institutions and private investors in collaboration with the structuring colleagues, the various trading desks, the quant team and the global sales teams

Provide competitive pricing, trading non-linear rates products within the product mandate, the fixed limits and required risk profile of the desk

Generating ideas and opportunities for new and existing clients through research, financial models and industry analysis

Establish and maintain regular contact with the sales, relationship managers and other ING businesses with a view to identifying business opportunities and enhancing Structured Products business with them

Attend to the risk monitoring of transactions, with a view to contributing towards desk profit targets and creating customer loyalty

Contribute to the development of new products by working closely together with Front-Office Quants and Developers

Be aware of key regulatory developments together with FM Regulatory / Legal teams and with Business Management, understand the possible impact to business as well as possible opportunities

Qualification

Non-Linear Rates expertiseInterest Rate DerivativesVBAPythonSeries 7 registrationSeries 63 registrationQuantitative AnalysisFinancial ModelingClient Relationship ManagementTeam Collaboration

Required

Bachelor's degree in Math, Engineering, Physics, Economics, Business or closely-related quantitative field from an accredited U.S school (or equivalent)

Minimum of 5 years of relevant markets experience

Coding knowledge: VBA & Python

Market expertise in Non-Linear Rates products, including Cap/Floor, Swaption products, Bermudan Callable, Callable Range Accrual, Callable CMS Spread Option, and other Non-Linear Rates products would be an added advantage

In depth understanding of interest rate & credit derivatives from a structuring, pricing and documentation point of view

Series 7, 63 registrations required