Associate, Equity Derivatives Trade Services, Equity Derivatives

Reposted 4 Hours Ago
Be an Early Applicant
London, Greater London, England, GBR
In-Office
Mid level
Fintech • Payments • Financial Services
The Role
The role involves trade booking for equity derivatives, processing life cycle events, and preparing trade reports while collaborating with various desks.
Summary Generated by Built In
Position DescriptionThe position is within Front Office, reporting to Equity Derivatives Department. The role will work directly with the Front Office Trading, Sales, Structurers and Quantitative desks covering trade booking for the Equity Derivatives products. Key Areas of Responsibility
  • Check automated bookings for Delta One, Flow and Exotic Derivatives Products
  • Trade booking of vanilla instruments, including vanilla equity options, stocks, futures, TRS, IRS, FX (swap/ spot/ NDF) across global underlying
  • Trade booking of Structured Products, including Autocallables, Sharkfin, Boosters, BEN, FCN, ELN etc
  • Process life cycle events, including expiries, early termination, redemption by cash/ physical delivery, coupon pay-outs, corporate action adjustments, etc.
  • Process trade confirmations and term sheets
  • Setup and send valuation reports to clients
  • Prepare periodic/ ad-hoc trade summaries for internal reporting purposes
  • Handle other daily tasks such as PnL reconciliations liaising with Product Control, Operations, Finance
Requirements
  • Degree holder in Mathematics, Statistics, Finance or related discipline(s).
  • Basic understanding of vanilla and exotic products for equities
  • Detail oriented, focus in accuracy and time management
  • Strong communication and interpersonal skills
  • Ability to work in a fast paced team environment
  • Willingness to learn and not afraid to take on new tasks
  • Ability to quickly learn new payoffs, booking models and concepts
  • Ideally 3-5 years of Trade Support experience either working with a Trading Desk or in a Middle Office function on the trading desk
  • Any experience in using Calypso is a plus

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Skills Required

  • Degree holder in Mathematics, Statistics, Finance or related discipline(s)
  • 3-5 years of Trade Support experience
  • Basic understanding of vanilla and exotic products for equities
  • Strong communication and interpersonal 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.

  • 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.
  • 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.
  • 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.

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The Company
London,
2,160 Employees
Year Founded: 1986

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

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