Junior Trader

Job Purpose

The role is to assist the trading desk with all its non-market price risks exposures and their optimisations (credit, funding, RWA, etc) and in general with all matters that require some market and quantitative analysis.

Key Responsibilities

• assessment of impact of new transactions in terms of some key risk parameters (RWA, PFE, funding, etc)
• help control and optimise our exposures against different risk metrics which are not market price related (NSFR, FRTB, exchange limits, etc).
• pricing and execution of novations and other sleeving trades
• breakdown of overall desk pnl and profitability (RoRWA, etc) into its different lines of business
• design hedging strategies to mitigate/manage our credit/funding liquidity risk exposure
• liaise with risk functions on queries and new product/underlying onboarding
• run quantitative market analysis for oil and gas
• run a variety of daily tasks for traders

Preferred Qualifications and Experience

• A degree in a quantitative subject

Experience required to successfully perform the role:

• Structuring, quantitative research or risk background
• Experience of working in a regulated environment, ideally Financial Services for a few years

Knowledge, technical skills and expertise

• Derivatives savvy
• System literate, especially in MS Excel
• Good commodities market knowledge

Personal attributes

• Strong interpersonal skills
• Self-motivated
• Fast learner
• Ability to work in a team and independently under supervision
• Resilience
• Meticulous
• Results-orientated
• High level of integrity

The role would suit someone who is:

• Able to navigate complexity
• Can work in ambiguity

The role will be a Certified Person under the Senior Manager and Certified Person Regime and will be expected to comply with the regulatory conduct rules under the regime.

Regulated Exams required for the role:

• UK Financial Regulations
• Derivatives