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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A European Investment Bank is seeking a C#/VBA RAD Developer to sit on the trading desk in their Derivatives d...
| Director - Interest Rate Derivatives Product Lead - NY, USA or London, UK. | Selby Jennings QRF Highly competitive + Incentives + Cash B... | UK-London | 22 May 12 |
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| Market Risk Business Analyst | Carr Lyons Search and Selection Excellent | UK-London | 22 May 12 |
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My client, a global banking group, are looking to hire a Market Risk focused business analyst to join and lead...
| Java 7 Scala Python Performance Tuning | Aston Carter 60,000 - 100,000 | UK-London | 22 May 12 |
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My cutting-edge client is a top level financial institution who are known for thier passion for new technology...
| Trainee and Probationary Trader | GTC and Zone Invest 50000 | UK-London | 22 May 12 |
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Trainee trial positions available on Zone Invests trading desk in the heart of the City.
| Equity Derivatives Strategist | Sunrise Brokers LLP Competitive | UK-London | 22 May 12 |
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As Senior Equity Derivatives Strategist, you will be responsible for maintaining several publications based on...
| Equity Derivative Sales | Sunrise Brokers Competitive | UK-London | 22 May 12 |
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Sunrise Brokers is looking for a Senior Equity Derivatives Sales Trader to join their equity derivatives sales...
| FX Structurer – VP / Director Level | Nicholas Scott International Highly Competitive | UK-London | 22 May 12 |
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My client, a leading European Investment Bank, is currently looking to expand their FX Structuring team. They ...
| Senior FX Quantitative Analyst | Nicholas Scott International Highly Competitive | UK-London | 22 May 12 |
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My client is a leading European Bank that has continued to develop its capital markets franchise during recent...
| Head of Rates Algo Trading | Nicholas Scott International Highly Competitive | UK-London | 22 May 12 |
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My client is a Top Tier European Investment Bank with over 20,000 employees in over 50 countries and considere...
| CVA Trader VP/Director Level | Nicholas Scott International Highly Competitive | UK-London | 22 May 12 |
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My client, a leading European Investment Bank, is currently expanding their CVA business. They are currently l...
| Senior European Government Bond Trader | Nicholas Scott International Highly Competitive | UK-London | 22 May 12 |
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My client is a one of the largest banks in the world (Top 10 by market capitalisation) with over 130,000 emplo...
| VP - Director level, Equity Derivative Single Stock trader, stock derivative trader, vol single stock trader, volatility flow trader, European equity derivative trader | GQR Global Markets Highly competitive | UK-London | 22 May 12 |
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A top tier investment bank is looking to hire a single stock trader at VP level to continue to grow their equi...
| VP level, G10 FX options trader, Vanilla Currency Option Trader, Senior Trader – Forex options, London | GQR Global Markets Highly competitive | UK-London | 22 May 12 |
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A top tier investment bank is looking to hire a trader to join their FX options team in London.
| Senior Structured Program Manager - Equities Derivatives Basel III Banking | Adlam Consulting Ltd Market Rates ++ | UK-London | 22 May 12 |
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Senior Project Managers / Program Managers Investment banking consultancy background. Work on high profile con...
| Project Programme Manager ARROW MIFID FATCA Regulatory & Compliance Change KYC Investment Bank | Adlam Consulting Ltd £700+ /day | UK-London | 22 May 12 |
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Senior Project Manager/Program Manager Very high profile role.Extensive experience of Compliance Best Practice...
| Business Analyst with Derivatives experience | Walker Hamill £250 - £300 per day | UK-London | 22 May 12 |
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Our client is a global investment bank who is looking for an experienced Operations candidate with strong Deri...
| Junior Listed Derivatives Compliance Officer | Not Disclosed TBC | UK-London | 22 May 12 |
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This role will involve coverage of listed derivatives related sales and trading activity Institutional Securit...
| ETF - Head of Marketing | Not Disclosed Very competitive | UK-London | 22 May 12 |
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My client is a top ETF provider, looking to hire a Head of Marketing for Europe to be based in London. This ma...
| Russia - Equity Derivaitve Sales | Not Disclosed Excellent | UK-London | 22 May 12 |
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My client is looking to hire an experienced Sales to cover Russia, the CIS & CEE selling Equity Derivatives to...
| Fixed Income Futures & Options Sales | Riversdale Consulting Highly Competitive | UK-London | 22 May 12 |
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Tier 1 Investment Bank seeking a Fixed Income Futures & Options Sales Person or Trader with 7 years + experien...
| Associate Consultant – Energy Trading and Risk Management (ETRM) | Maple Risk Practitioners Ltd Competitive Salary, Benefits, and Bonus | UK-London | 22 May 12 |
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Associate Consultant (ETRM) will work under senior partners to deliver risk technology focused projects. The i...
| Derivatives Compliance Officer | Real Global Markets £70,000 - £100,000 + | UK-London | 22 May 12 |
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A leading Investment Bank are seeking a compliance advisor for their derivatives business. This is a highly co...
| Dervivative Client Services and Settlements | Bank of America Merrill Lynch Competitive plus benefits | UK-North West | 22 May 12 |
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Bank of America is one of the world's largest financial institutions, serving customers with a full range of b...
| URGENT: Hybrid BA / PM - Back Office - Investment Bank | Orgtel £55000 - £65000 per annum + Excellent pa... | UK-London | 22 May 12 |
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Project Management, Business Analysis Post Trade, Cross Asset, FX, MM, Derivatives, Equities, Fixed Inc...
| PR and Marketing Manager | City Credit Capital UK Ltd Competitive, Based on qualification and... | UK-London | 22 May 12 |
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This role requires highly motivated individuals to be responsible for designing the firm's Marketing and brand...
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Trading, Equity, Derivatives, Proprietary, London, United Kingdom, Europe, Highly Competitive
| Single Stocks Broking - UK | Selby Jennings Equity Highly Competitive | UK-London | 22 May 12 |
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Broking, Equity, Derivatives, Single Stock Options, Pan-European Coverage, London, United Kingdom, Europe, Hig...
| VP Exposure Management | Stott and May £70-95k basic | UK-London | 22 May 12 |
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Vice President level role for Tier 1 Investment Bank seeking candidates with excellent derivatives product kno...