13 Exotic Derivatives Trader - New York, NY
Job Information
ID :
#41234832
# of Positions :
1
Minimum Education Level :
Master's Degree
Experience Required :
5+ years
Salary :
$271,163 - $451,938 yearly
Duration :
Full Time Regular
Shift :
First Shift (Day)
Hours per week:
40
Job Description
Exotic Derivatives Trader (New York, NY): Serve as a team lead responsible for driving the market making and risk hedging strategy for multinational bank’s Trading Flow Structured EQ unit, seeking to maximize franchise and leverage in product distribution to institutional clients (incl. Private Banks, Broker Dealers, and Asset Managers) and maintain portfolio results within established risk limits as well as focusing on promoting excellence in service offered to internal/ external clients. Duties include:
· Supervise small team of traders giving counterparty service in response to institutional clients’ requests submitted by bank’s Sales team and collaborate in offering tailor-made exotic derivatives adapted to such clients’ needs.
· Generate recurrent income to meet annual revenue targets.
· Lead coordination of pricing and product ideas.
· Drive interaction with Risk unit for negotiating approvals.
· Track unit activity, monitoring main activity indicators and follow up on the operations’ pipeline and the budget compliance.
· Play a leading role in promoting the bank's positioning as a key player in the market in the region.
· Lead the coordination with bank’s other Equity Trading desks in updating trading handbook, framework and pricing rules documentation.
· Ensure that the unit’s activity complies with internal & external policies, procedures and regulatory requirements.
Position is based at employer’s office in New York City.
Salary range: $271,163 to $451,938/year.
Requires: Master’s degree (or foreign equivalent) in Mathematics, Finance or Financial Markets plus 5 years of experience in equity derivatives trading (any title), or in the alternative, employer will accept a Bachelor’s degree (or foreign equivalent) in Mathematics, Finance or Financial Markets and 7 years of progressive post-baccalaureate experience in equity derivatives trading (any title).
Experience in either case must include:
· 5 years’ experience pricing and modeling equity derivatives trading products.
· 5 years’ experience risk hedging equity derivatives trading products.
· 5 years’ experience in quantitative data analysis of volatility markets to improve and automate pricing of client deals.
· 5 years’ experience in managing an options book of at least $1 billion notional, including delta, gamma and theta hedging, vega and vanna hedging and correlation hedging.
· 5 years’ experience offering derivatives tailored to the needs of institutional clients (Private Banks, Broker Dealers, and Asset Managers) and the different types of products/features these different categories require.
· 4 years’ experience managing a team.
Reference Job #13 and send resume by e-mail to: ny.hr_resumes.group@bbva.com, attention: Valerie Rosario-Brown.
Banco Bilbao Vizcaya Argentaria, S.A.
375 9th Avenue
8th Floor
New York, NY 10001
· Supervise small team of traders giving counterparty service in response to institutional clients’ requests submitted by bank’s Sales team and collaborate in offering tailor-made exotic derivatives adapted to such clients’ needs.
· Generate recurrent income to meet annual revenue targets.
· Lead coordination of pricing and product ideas.
· Drive interaction with Risk unit for negotiating approvals.
· Track unit activity, monitoring main activity indicators and follow up on the operations’ pipeline and the budget compliance.
· Play a leading role in promoting the bank's positioning as a key player in the market in the region.
· Lead the coordination with bank’s other Equity Trading desks in updating trading handbook, framework and pricing rules documentation.
· Ensure that the unit’s activity complies with internal & external policies, procedures and regulatory requirements.
Position is based at employer’s office in New York City.
Salary range: $271,163 to $451,938/year.
Requires: Master’s degree (or foreign equivalent) in Mathematics, Finance or Financial Markets plus 5 years of experience in equity derivatives trading (any title), or in the alternative, employer will accept a Bachelor’s degree (or foreign equivalent) in Mathematics, Finance or Financial Markets and 7 years of progressive post-baccalaureate experience in equity derivatives trading (any title).
Experience in either case must include:
· 5 years’ experience pricing and modeling equity derivatives trading products.
· 5 years’ experience risk hedging equity derivatives trading products.
· 5 years’ experience in quantitative data analysis of volatility markets to improve and automate pricing of client deals.
· 5 years’ experience in managing an options book of at least $1 billion notional, including delta, gamma and theta hedging, vega and vanna hedging and correlation hedging.
· 5 years’ experience offering derivatives tailored to the needs of institutional clients (Private Banks, Broker Dealers, and Asset Managers) and the different types of products/features these different categories require.
· 4 years’ experience managing a team.
Reference Job #13 and send resume by e-mail to: ny.hr_resumes.group@bbva.com, attention: Valerie Rosario-Brown.
Banco Bilbao Vizcaya Argentaria, S.A.
375 9th Avenue
8th Floor
New York, NY 10001
Company Information
Name :
Description :
The New York Branch of BBVA is
part of a global group that offers individual and corporate customers the most complete range of financial and non-financial products and services. It enjoys a solid leadership position in the Spanish market, where it first began its activities over 150 years ago. It also has a leading franchise in South America; it is the largest financial institution in Mexico; one of the 15th largest U.S. commercial banks and one of the few large international groups operating in China and Turkey. BBVA employs 104,000 people in over 30 countries around the world, has more than 47 million customers and 900,000 shareholders.
part of a global group that offers individual and corporate customers the most complete range of financial and non-financial products and services. It enjoys a solid leadership position in the Spanish market, where it first began its activities over 150 years ago. It also has a leading franchise in South America; it is the largest financial institution in Mexico; one of the 15th largest U.S. commercial banks and one of the few large international groups operating in China and Turkey. BBVA employs 104,000 people in over 30 countries around the world, has more than 47 million customers and 900,000 shareholders.
Type :
Direct Employer
Address :
375 9th Avenue,
8th Floor
New York, NY 10001
8th Floor
New York, NY 10001
Application Information
Instructions :
Reference Job #13 and send resume by e-mail to: ny.hr_resumes.group@bbva.com, attention: Valerie Rosario-Brown.
Email :
Job Posting Entered On :
2/18/2025
Job Posting Expires On :
3/22/2025
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