Derivatives Trader (BSISA)

Derivatives Trader (BSISA)

Country: Switzerland

The Derivatives Trader is responsible for Derivatives and Structured Products execution for client trades, with a cross-asset scope. The Derivatives Trader also plays a lead role in participating and delivering projects and initiatives associated with Treasury and Trading and will back up functions within the Treasury Group as needed for projects, risk management, cash management, and execution.

Responsibilities

• Execute Structured Products and Derivative transactions for clients, including OTC (FX, IR, Equity), and Exchange Traded (Listed options) within established risk limits/parameters.

• The Derivatives Trader plays a lead role in participating and delivering projects and initiatives associated with Derivatives 

• Builds and maintains internal and external relationships providing efficient execution of trades including client activity. Promotes automation, reducing operational errors.

• Contributes with investment ideas and strategies using structured products and OTC derivatives, adapted to the market conditions, client needs and industry trends.

• Executes securities for clients, associated with ETD, and including equity and fixed income as a back-up

• Back up cross functional tasks within the Treasury Group as needed for projects, risk management, cash management, and execution.

• Ensures that activity is governed by proper updated policies and procedures.

• Other duties as assigned or requested by immediate supervisor

Core Competencies

• Creates a good working environment in the team; works towards shared goals contributing ideas and accepting change

• Takes action to enhance working relationships needed to achieve seamless workflow

• Displays initiative, flexibility and focus to get things done

• Actively contributes ideas, suggestions, and constructive comments to meetings and discussions

• Follows through to meet commitments to others

• Takes responsibility for achieving strong results, despite balancing multiple, complex demands

• Takes the time to draw out and understand the underlying interest, concerns and agenda of other parties

• Adapts to change quickly and makes suggestions for increasing the effectiveness of change

• Appropriately shifts attention and refocuses on new goals as a result of changes in priorities or competing work demands

• Anticipates and plans for changes in work schedules and assignments

• Initiates creation or modification of procedures, policies, systems or structures to more effectively meet customer needs and requirements

• Probes in-depth to understand the customer’s business needs

• Explores and understands the customer's alternatives and decision criteria

• Addresses customer’s requests, ensures concerns are recorded accurately and action is initiated appropriately

• Takes time to develop and maintain relationships with customers

Job Requirements

• Bachelor’s degree required; master’s degree preferred or equivalent experience

• 5-7 years of relevant experience or demonstrated required level of proficiency

• Understanding of financial products, including derivatives.

• Knowledge of Bank Regulation

• Strong analytical and quantitative skills

• Fluency in English both written and spoken, Spanish and French are an asset

• Command of banking products (FX, IR, Equity OTC derivatives, structured products and listed options), cash flows, financial reporting and analysis, management reporting, variance analysis and knowledge of fixed income and capital markets.