Department Overview :
The EQD trading team provides ING’s private investors and corporate clients with equity derivatives based investment and hedging solutions.
The team is responsible for the structuring, packaging and trading of all linear and non-linear equity derivatives products, including secondary market services.
Investors & Corporate clients come to us for leveraged direct market access products (Sprinters), structured investments, rule based equity linked strategies as well as tailored solutions including OTC derivatives, customized notes, hedging, monetization or stock option incentives schemes.
The team centralised in London also contributes to the platform & system developments required to support the growth of the activity.
Main Duties and Responsibilities of Role :
Market data updates, both by working on improving the market data update tools and by working with brokers on larger and illiquid risk factors
Assist the expansion of the business by pricing and hedging equity derivatives products for clients
Autonomous hedging of ING’s equity derivatives positions and associated risks
Contribute to the desks P&L target by capturing the client flow value and optimizing the risk and return ratios
Participating in the design and implementation of the operational & technological framework of the desk
Proactively contributing to technology improvements in area of pricing, risk and market data to reduce unnecessary manual intervention
100% observance of all FCA requirements, industry conduct rules and ING Compliance standards
Qualification / Education
Educated to degree level (e.g. Maths, Engineering, Physics or equivalent degree)
Two to three years of experience in Financial Markets, preferably in Trading
Good knowledge of option valuation theory and market data management
Fluent in spoken and written English
Experience in running a trading book with responsibility for intraday risk management of the trading positions
Self-resilience and ability to perform in sustained periods of change
Genuine team player
Attention to details, disciplined and result oriented
Willingness to take personal development in own hands, maintaining a steep learning curve
Sharp alertness and reactiveness in responding quickly to changing situations
Ability to take decisions with a significant financial impact (profit or loss) in stressful situations
Thrive under pressure