All of our financial derivatives jobs are contained within this sector. This includes trainee derivatives positions, derivative sales positions, derivatives analyst jobs, derivatives structuring positions, credit derivatives jobs, equity derivatives jobs, derivatives trading positions, programming positions and other derivatives jobs in New York and internationally.
Financial derivatives are basically contracts between two different parties. The contracts say that the value of the derivative will be determined by changes to other variables. These variables can be a number of things, including financial products such as equities and bonds and physical products like commodities, as well as other things which are difficult to predict - like the weather or the lifespan of a population.
Derivatives are often used as insurance and protect against risk. As an example of this, Credit Default Swaps (CDS) specify that if a loan defaults, the holder of the CDS will still get compensated.
Futures contracts were the earliest form of derivatives. Futures contracts were created so that people who purchased certain goods could have an element of control over the price in the future. As an example, farmers selling wheat could enter into a contract with the people who purchased the wheat to agree that in three months, they would be able to sell wheat at an established price. By doing so, they protect themselves against any risk of a drop in the wheat price during those three months.
Other forms of derivatives that you may need to deal with in a derivatives career include swaps and options.
Swaps are a simple exchange of one type of product for another. One of the most common is currency swaps, where loans and/or the interest payments on loans are swapped from one currency into a different one.
Options are contracts which let one party buy or sell assets to another at a set cost at a defined point in the future. Unlike futures contracts, there are no obligations to invoke an options contract. Using the same example, a buyer of wheat would have the right to purchase three tons of wheat at the established price if it makes sense to him financially, but is not required to do so if it doesn't. Anyone who holds an option must pay for the privilege.
The two types of options mentioned above are different. Options which give the holder the right to buy something are "call options." Options which give the holder the right to sell something are "put options."
Simple derivatives are usually traded on exchanges. Complex derivatives have historically been traded over the counter (OTC) between the two parties involved in the contract. This is changing, however, as governments look to create transparency in the derivatives market.
Leading up to the 2008 financial crisis, derivative products grew increasingly complex and proliferated with products such as collateralized debt obligations and synthetic derivatives (derivatives based upon derivatives). As a result, many people lay blame for the crisis on derivatives products and the wrong impression that risk was no longer an issue.
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| Senior C# Development Lead, Commodities | Aurec 200k+ | Singapore | 23 May 12 |
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Senior Development lead with extensive C# experienced required to manage team building out a global Commoditie...
| Equity Exotics Derivatives Trader - Singapore, Asia | Selby Jennings Singapore (Licence No. 11S3033) Base salary | Singapore | 23 May 12 |
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Equity, Derivatives, Paper, Trading, Exotics Products, Location: Asia - SEA- Singapore Salary: Highly Compe...
| Equity Derivative Trader - VP / Director Level - Hong Kong | Selby Jennings Singapore (Licence No. 11S3033) $Excellent | Hong Kong SAR | 23 May 12 |
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Our client, a leading global investment bank currently seeks to add a senior level equity derivative trader to...
| Exotic Trade Support | Pure Search Hong Kong Excellent | Hong Kong SAR | 23 May 12 |
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2-4 years Exotic Trade Support Expereince - Good stable team with gorwth plans and good choice for a career mo...
| BANKING & CAPITAL MARKET COMPLIANCE – VP / SVP | Recruitment Intelligence Consultants Limited Competitive Package | Hong Kong SAR | 23 May 12 |
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A major global financial services provider engaged in investment banking, private banking and investment manag...
| Market Risk Management Senior Manager | ICBC Competitive | China-Beijing | 23 May 12 |
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ICBC head quarter is looking for Market Risk Management Senior Manager with at least 8 years of experience in...
| Analyst / Associate, Structured Transaction Management Team, Technology and Operations | DBS Bank - | Singapore | 23 May 12 |
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The Technology and Operations team designs, develops and maintains computer application systems to support ban...
| Analyst / Associate, Structured Transaction Management Team | DBS Bank - | Singapore | 23 May 12 |
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The Technology and Operations team designs, develops and maintains computer application systems to support ban...
| Pricing Libraries Developer | Morgan McKinley NA | Singapore | 23 May 12 |
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Our client, a top tier bank is seeking a strong C# .Net Developer with the ability to develop pricing librarie...
| VP / ED - Asia Equity Derivative Trade Capture System Program / Project Manager - Hong Kong | Pinpoint Asia Excellent Remuneration | Hong Kong SAR | 23 May 12 |
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A high-profile senior opportunity for senior program/project managers with a proven track record of successful...
| Front Office Real-Time Risk Analytics/Valuation Java/C++/Scala Developer - Shanghai | Pinpoint Asia Excellent Remuneration | China-Shanghai | 23 May 12 |
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High-profile front-office opportunity for seasoned developers with strong risk or mathematical/quantitative ba...
| Executive Assistant - 4 Months Maternity Leave Coverage (Beijing) | Not Disclosed Competitive Compensation | China-Beijing | 23 May 12 |
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A global investment bank is looking for a high calibre individual to support a team.
| Senior Structured Products Sales, Singapore | Swisslinx AG TBD | Singapore | 22 May 12 |
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On behalf of our client, an international and well-established private bank, Swisslinx is currently seeking a ...
| Java Developer MNC IB $50-80K 6mth contract | Robert Half Hong Kong $50,000 - $80,000 | Hong Kong SAR | 22 May 12 |
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A multi-national Investment Bank is urgently looking for a Java Developer on a 6 months contract.
| Singapore - Senior Asian Trader, Arbitrage | Macquarie Information not provided | Singapore | 22 May 12 |
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We are currently seeking a Senior Asian Trader to join our Arbitrage Trading team in Singapore.
| Emerging Markets Product Controller (Mid-Snr AVP) | Hays Accountancy & Finance Up to 120k SGD | Singapore | 22 May 12 |
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A highly technical PC role with a leading top tier bank. Join the ranks of a highly recognisable PC team here ...
| Analyst Programmer- JAVA- Equity Derivatives Risk- Investment Bank- Hong Kong | Hays Finance Technology Hong Kong $600,000-$1.2million | Hong Kong SAR | 22 May 12 |
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Leading Tier One Investment Bank in Hong Kong requires a JAVA analyst programmer to join their global expandin...
| Sr. Manager / Manager, Quant Model Risk | Tyche Search Attractive Base + Bonus + Relocation | Singapore | 22 May 12 |
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Our client, a leading financial institution is seeking to recruit a Sr. Manager / Manager, Quantitative Model ...
| Company Compliance Officer | Not Disclosed Competitive | Singapore | 22 May 12 |
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We are a young exchange based in Singapore and wish to recruit a dynamic candidate (minimum 3 to 5 years in a ...
| Global Market - Corporate Sales | Not Disclosed Negotiable | Hong Kong SAR | 22 May 12 |
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An European IB is currently looking to expand their cross-asset corporate sales team. They are looking for ca...
| Wealth and Private Banking - Business Development | ConnectedGroup Limited Very attractive | Hong Kong SAR | 22 May 12 |
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A leading banking technology and services vendor is looking to hire a business development and sales manager b...
| Senior Options Prop Trader, India | Capital People Competitive | Hong Kong SAR | 22 May 12 |
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Our client is looking for senior traders covering the India market (to support in setting up the India trading...
| Brokerage Assistant | Not Disclosed Negotiable | Singapore | 22 May 12 |
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Reports to the Brokerage Manager Asia Pacific, a Brokerage Assistant will be able to handle the invoicing and ...
| AVP Equities Operations Change Team | Talent2 Hong Kong Attractive | Hong Kong SAR | 22 May 12 |
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A top tier investment bank is looking for a high calibre individual to join their Equities Derivatives Change ...
| VP, Futures & Options Operations | Kerry Consulting Pte Ltd (Licence No. 03C4828) Attractive Remuneration | Singapore | 22 May 12 |
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Exciting role where you will build and manage a team, responsible for ensuring effective clearing and settleme...
| NIKKEI Equity Derivatives Exotics Trader | Not Disclosed Highly Competitive | Hong Kong SAR | 22 May 12 |
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Leading Tier 1 Investment Bank looking to expand their Asia Equity Derivatives Structured Products Trading des...
| Associate Director, Structuring & Execution. Global Markets | ANZ not disclosed | Australia-Sydney | 22 May 12 |
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Sitting within ANZ Equities, this role is responsible for the structuring of equity derivative products, and t...
| AVP FX Derivatives C# Developer Regional Bank, Singapore | Huxley Associates S$80000 - S$120000 per annum | Singapore | 22 May 12 |
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A Leading Regional bank has an outstanding opportunity for a bright technologists to join the FX Derivatives I...
| ORACLE PL/SQL APPLICATION SUPPORT DEVELOPER - TRADING FIRM - SYDNEY | ikas International Australia Salary Commiserate with experience + Bon... | Australia-Sydney | 22 May 12 |
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Are you and up and coming Oracle PL/SQL Developer with financial services experience? Employer of choice, Trad...
| Python Developer - Algo Trading Systems - Sydney | ikas International Australia $100k-$140k Base + Super + LARGE Trading... | Australia-Sydney | 22 May 12 |
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Are you a Python Guru with experience in Numpy and Scipy and a strong quantitative mind? Leading trading firm ...