Position Description
Responsible for the design, development, construction and maintenance of pricing models and trading management systems for commodity over‑the‑counter (OTC) derivatives. Supports the development and implementation of commodity derivative pricing models, volatility models and margin models. Ensures that the commodity business line maintains industry‑leading standards in pricing, modeling, and system development for derivative operations.
Key Areas of Responsibilities
Responsible for the design, implementation and development of new functionalities for commodity swaps and options systems.
Spearhead the quantitative modeling and calibration of derivatives pricing models and volatility surfaces to ensure accuracy and market consistency.
Maintain derivative models and systems to support traders in efficient pricing, hedging and risk management operations.
Strengthen collaboration with trading desks and IT teams, coordinate and promote high-quality delivery of system development projects.
Conduct forward-looking research on trading hedging models and strategies based on business needs.
Lead the daily business analysis, including P&L attribution, risk exposure monitoring, and preparation of key performance indicators (KPIs) for management review.
Document model methodologies, system processes, and quantitative analyses to ensure knowledge sharing and compliance with internal controls.
Analyze and streamline quantitative trading workflows and channels to improve efficiency and reduce operational risk.
Requirements
Prior experience in financial derivative option pricing models and development is preferred.
Familiar with financial derivative business processes, possessing a solid foundation in derivative pricing theory.
Strong ability to quickly learn and understand business requirements, capable of independently conducting programming and system development.
Forward-thinking business perspective with good coordination and planning skills in system development.
Excellent logical thinking, communication skills, team spirit, strong sense of responsibility, and ability to work under pressure.
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Skills Required
- Prior experience in financial derivative option pricing models
- Familiar with financial derivative business processes
- Strong programming and system development skills
- Excellent communication and teamwork skills
CLSA Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about CLSA and has not been reviewed or approved by CLSA.
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Pay Growth & Progression — Base pay for junior bankers was increased significantly in 2021 to stay competitive in a hot market. This indicates willingness to adjust compensation when talent risks rise.
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Healthcare Strength — Permanent staff are automatically enrolled in healthcare aligned to local markets, with added travel health and security support via International SOS. This points to solid core medical coverage with global-travel assistance.
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Retirement Support — Permanent staff are automatically enrolled in pension plans aligned to local markets. A group retirement plan is administered regionally, signaling formalized retirement benefits infrastructure.
CLSA Insights
What We Do
CITIC CLSA is a wholly-owned subsidiary of CITIC Securities and its overseas business platform. Established in Hong Kong in 1986, CITIC CLSA is Asia’s leading capital markets and investment group, committed to driving the growth strategies of global institutional investors, corporations, governments and high-net-worth individuals. CITIC CLSA’s award-winning research, extensive Asia network, direct links to China and highly experienced financial professionals set CITIC CLSA apart from global investment banks and regional players. Over three decades, CITIC CLSA has built an extensive Asia network with deep local knowledge and connections. Globally, we operate from 13 countries across Asia, Australia, Europe and the Americas. For further information, please visit clsa.com
