Position Description
The Junior D1 Trader will support management of the European and US Total Return Swap book. The role involves monitoring and analysing market conditions, inventory stability, and news flow to identify outperformance and trading opportunities. The successful candidate will contribute to the development of systematic transaction analysis tools and hedging/alpha strategies across EMEA and US markets, while overseeing automated trading programs during LN hours.
Key areas of Responsibilities
- Managing the European and US TRS book. Hedging risks of the book in the European and US market opening time.
- Analysing inventory stability and looking for outperformance opportunities;
- Developing systematic tool of transaction analysis;
- Developing the systematic hedging/alpha strategy on EMEA/US market;
- Monitoring the automated trading program developed by EQD BJ team during LN hours;
- Working with traders from other regions on the cross-region arbitrage.
- Monitoring and analysing market conditions, news, and events to identify potential risks and opportunities
- Exploring and analysing diverse datasets to identify trading opportunities and market trends
Requirements
- Bachelor’s degree or higher (Master’s preferred) holder in Finance, Mathematics, Sciences, Engineering or a related field.
- Minimum 3 years of experience in Equity Derivatives, ideally with D1 trading exposure.
- Excellent command of spoken and written English and Chinese.
- Coding skills are preferred.
- Strong work ethic and motivation.
- Excellent communication skills, both written and spoken, in English.
- Ability to think fast and critically, solve various problems arising from trading, risk and operations
- Ability to work under pressure and collaborate in a team.
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Skills Required
- Bachelor's degree in Finance, Mathematics, Sciences, Engineering or a related field
- Minimum 3 years of experience in Equity Derivatives
- Excellent command of spoken and written English and Chinese
- Coding skills
- Strong work ethic and motivation
- Excellent communication skills, both written and spoken, in English
- Ability to think fast and critically
- Ability to work under pressure and collaborate in a team
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
