Equity Derivatives Trader (VP or Director)

Department Overview

ING is rapidly expanding its ambitions within Equity Derivatives with a strategic focus on its corporate clients. Our goal is to offer a comprehensive range of equity derivative solutions to our clients across the wholesale bank. We aim to create a digitalized frictionless environment that supports our growth and enhances our clients experience. We are seeking an experienced and commercially minded Director or Vice President to help us achieve these ambitions.

Candidate Profile

Experience/Knowledge

• Deep equity derivatives trading knowledge/ experience
• Managing and mentoring more junior members of a team
• Strong understanding of derivative pricing and hedging strategies.
• Experience with volatility modelling and managing light exotic products.
• Degree holder in Finance or STEM subject.

Personal Competencies

• Entrepreneurial spirit with a proactive approach to identifying and capitalizing on market opportunities.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills
• Foster collaboration with other teams and stakeholders
• Ability to work independently and as part of a team.
• High level of integrity and professionalism.

Main Duties and Responsibilities of Role:

• Quoting for clients and risk managing equity derivative positions.
• Ability to manage complex corporate trades with embedded optionality ensuring accurate pricing and robust hedging strategies such as share buybacks collars forwards and Total return swaps.
• Contribute to managing and growing the equity derivatives portfolio with emphasis on single stocks and solutions for our corporate clients.
• Collaborate closely with Risk Management and Product Control to ensure strict adherence to risk limits and governance
• Design and implement tailored hedging strategies that optimise the portfolio and meet client objectives
• Strong focus on operational and execution risk control for large corporate transactions acting as the desks subject matter expert for corporate equity derivative trading
• Work closely with Client Solutions Group to deliver seamless execution of corporate mandates translating client requirements into efficient trading strategies.
• Work with senior traders to manage and grow the equity derivatives portfolio with emphasis on single stocks and solutions for our corporate clients (VP only)

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