Senior Trader, Equity Derivatives

Job Descriptions

• Design and execute strategies for hedging and market making in equity derivatives, including structured warrants, plain vanilla options, quanto options, basket options, and exotic options.
• Proactively oversee complex option portfolio risk. Assess and implement option hedging strategies aimed at reducing portfolio risk while enhancing trading revenue.
• Develop and manage quantitative, financial, and algorithmic models for various aspects of option pricing, trading, and position management.
• Enhance the bank's market share in equity derivatives products. Investigate new market opportunities and broaden the range and capabilities of equity derivatives offerings.
• Work collaboratively with project teams, IT departments, and service providers to gain insights into and enhance technical infrastructure and processes.
• Ensure adherence to internal policies, risk limits, and external regulatory standards.
• Generate trading revenue through the trading and hedging of structured warrants, plain vanilla options, quanto options, basket options, and exotic options.
• Increase sales volume of structured products and interbank options.
• Actively manage complex option portfolio risk, focusing on analyzing and executing hedging strategies to mitigate portfolio losses.
• Implement strategies aimed at refining option pricing and expanding market share for structured warrants.
• Collaborate with various stakeholders across functions to enhance performance, streamline processes, and upgrade technical infrastructure.
• Ensure the accuracy and promptness of trading business-as-usual operations, including price matrix maintenance, trade record management, and daily position reporting.
• Maintain the accuracy and timeliness of structured warrants listings, including compliance with ongoing listing obligations (corporate actions and monthly reporting) and warrant expirations.
• Initiate improvements in processes and controls, as well as expand product range and capabilities.
• Supervise the implementation of new market-making systems.

Job Requirements 

• Degree in Finance, Accounting, Economics, or other quantitative-focused disciplines
• CMSRL or Employee of Registered Person (ERP) - Dealing in securities (Mandatory)
• CMSRL or Employee of Registered Person (ERP) - Dealing in Derivatives (Mandatory)
• Investor Protection Professional Certification (IPPC) or Pasaran Kewangan Malaysia Certificate (PKMC)
• At least 5 years of experience in derivatives trading
• Strong understanding of financial markets, economics, and mathematical principles.