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...
| 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...
| 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 ...
| 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 ...
| 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 ...
| 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 ...
| 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...
| 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...
| Senior Market Risk Manager-Local Markets | Excalibur Associates (Licence no. 02S4748) Highly competitive | Singapore | 21 May 12 |
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An expanding, dynamic global bank is currently seeking a highly experienced Senior Market Risk Manager, Local ...
| IB Technology, Associate - Futures & Options --Core Clearing, Sr AS/400 Developer | JPMorgan Chase not disclosed | Singapore | 21 May 12 |
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See job description below
| IB Technology, Vice President - Futures & Options --Core Clearing, BA | JPMorgan Chase not disclosed | Singapore | 21 May 12 |
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See job description below
| Senior Asian NDF Trader | Profusion Group Based on experience | Singapore | 21 May 12 |
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Seeking a proven Asian NDF Trader to join a bank in either Singapore or Hong Kong
| Reconciliations Supervisor/Manager | Not Disclosed Negotiable | Singapore | 21 May 12 |
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Reports regionally to the APAC Listed Derivatives Operations Manager, the job holder will manage the Reconcili...
| Client Operations - Collateral New Business Associate | The Royal Bank of Scotland PLC Competitive | Singapore | 21 May 12 |
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Collateral Management Is a centralised Global support function whose primary role is to mitigate credit risk t...
| Quantitative Model Risk-Manager/Senior Manager | Excalibur Associates (Licence no. 02S4748) Highly competitive | Singapore | 21 May 12 |
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A global bank is currently looking for a Quantitative Model Risk professional in their Singapore office. * ...
| IB Operations, Analyst - Trade Support Middle Office (Asia Flow Rates) | JPMorgan Chase not disclosed | Singapore | 20 May 12 |
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See job description below
| Front office support & development | Advantage Professional Hong Kong SGD 7000 - 8000 per month + discretionar... | Singapore | 20 May 12 |
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A leading specialist broking house is looking to hire an experienced front office support & development profes...
| Investment Banking Operations, Vice President -- F&O GMI Product Development | JPMorgan Chase not disclosed | Singapore | 20 May 12 |
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See job description below
| Presales Electronic Trading Specialist | Hays Finance Technology Singapore Market rate | Singapore | 19 May 12 |
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Presales, Electronic Trading, IT
| Market Risk Data Sourcing Contractor (8 Months) | Credit Suisse TBD | Singapore | 19 May 12 |
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Our Market Risk Infrastructure Reporting and Analysis Team is looking for four (4) Market Risk Data Sourcing A...
| Commodities Middle Office Analyst | Ambition Group Singapore (Licence No. 10C5117) Attractive Salary Package | Singapore | 18 May 12 |
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Exciting opportunity within Commodities Middle Office
| Senior Business Development Executive | Ong First Tradition Pte Ltd Base + Excellent Commission | Singapore | 18 May 12 |
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Exciting opportunity for a highly motivated Senior Executive to be part of a leading and pioneering name in th...
| Product Specialist – Rates MO | The Royal Bank of Scotland PLC Competitive | Singapore | 15 May 12 |
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Individuals are required to establish close working relationships across Asia Pacific and London with colleagu...
| JAPANESE Speaking Account Manager (APAC) - Electronic Interdealer Broker, Singapore | NJF Search International SGD$55,000 - $70,000 | Singapore | 15 May 12 |
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Global interdealer broker is looking for a Japanese speaking account manager to play a crucial part in develo...
| Commodity Documentation Inbound Analyst | MarksSattin S$4000 - S$5000 per month | Singapore | 14 May 12 |
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Stepping into an established team and reporting to a senior manager who has been with the business for 5+ year...