ING Americas · 4 days ago
Non-linear Rates Trader
New York, NY
Full-time
Hybrid
Entry, Mid Level
$140K/yr - $200K/yr
2+ years expING Americas is a leading financial services provider offering innovative financial products to corporate and institutional clients. They are seeking a Non-Linear/Interest Rates Options Trader to trade non-linear products and collaborate with various teams to enhance operational efficiency and business opportunities.
Financial Services
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
Required
Bachelor's degree in Math, Engineering, Physics, Economics, Business or closely-related quantitative field from an accredited U.S school (or equivalent)
2+ 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
Benefits
Comprehensive health benefits
Generous 401k savings plan
Competitive PTO
Adoption, surrogacy, and fertility services
Student debt assistance
Subsidies for expenses associated with commuting and fitness
Company
ING Americas
ING Americas offers a full array of wholesale financial products, such as commercial lending, financial markets and advisory products and services in the U.S.
501-1000 employees
Funding
Current Stage
Late StageLeadership Team
Eduardo Gonzalez Arellano
Americas Chief Data Officer / Data Protecion Executive (DPE), Global WB COO Executive Data Steward
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