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 Sales, Markit Analytics | Markit Commensurate with your experience | New York, NY, 10018 | 23 May 12 |
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Markit's Analytics team is presenting an opportunity to join a growing/fast-paced department within our New Yo...
| Application Support Analyst | Markit Commensurate with experience | New York, NY, 10018 | 23 May 12 |
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MarkitSERV is seeking an experienced Application Support professional to join the Engineering Services Team. T...
| Quantitative research | Focus Capital Markets 150,000-300,000 | New York, NY, 10001 | 22 May 12 |
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Ascertain Risk of complex derivative transactions across multiple asset classes particularly involving sensiti...
| Financial Engineer | Focus Capital Markets 150,000 base | New York, NY, 10169 | 22 May 12 |
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Focus Capital with locations in NY and California is looking for Financial Engineers to build mortgage prepaym...
| C++ developers: learn portfolio Analytics | Focus Capital Markets 150,000 | New York, NY, 10169 | 22 May 12 |
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Our Portfolio Analytic team is building a world class system for risk management across a wide range of assets...
| Quant Developer | IJC Partners, LLC. Base plus Bonus | Greenwich, CT, 06830 | 22 May 12 |
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Dynamic Financial Firm is looking for a Quant Developer to work on their Trading Systems
| Senior Risk, Pricing Developer | IJC Partners, LLC. Base, Bonus, Stock | Greenwich, CT, 06830 | 22 May 12 |
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Premier Financial Firm is looking for a Team Lead for a Risk and Pricing Group
| Electronic Trading Sales | IJC Partners, LLC. Base+Bonus | Nyc, NY | 22 May 12 |
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Global Investment Bank is looking for a mid-senior level electronic trading sales person to join existing team...
| VP Negotiator | Credit Suisse . | New York, NY | 22 May 12 |
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Our General Counsel division is seeking a Negotiator in the Investment Bank's New York office.
| Communications Manager, Structured Finance, REITS & Public Housing knowledge required | Standard & Poor`s not disclosed | New York, NY | 22 May 12 |
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See job description below
| Analyst, Deals Intelligence | Thomson Reuters not disclosed | New York, NY | 22 May 12 |
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See job description below
| Electronic Sales-Trading / DMA Sales. | USA | NYC | | Not Disclosed Highly competitive | New York, NY, 10001 | 22 May 12 |
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My Client is looking to increase its presence in the US and is building out a DMA/Electronic sales desk. My...
| Senior Hedge Fund Accountant | The Bachrach Group, Ltd commensurate w/ experience | Manhattan, NY, 10167 | 22 May 12 |
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Newly launched (fully funded) multi-strategy hedge Fund (AUM $400k) seeks talented operations/accounting indiv...
| Middle Office/Trader's Assistant | Not Disclosed Trader's Assistant/Middle Office | Manhattan, NY, 10167 | 22 May 12 |
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Our client is a growing Financial Services Firm (Hedge Fund Industry) with immediate need for a strong middle-...
| Operations Manager - Hedge Fund | The Bachrach Group, Ltd commensurate w/ experience | Manhattan, NY, 10020 | 22 May 12 |
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Our clients are highly reputable hedge funds based in NYC area seeking middle office/operations manager too ov...
| Business Analyst - Equity Derivatives | Synechron Inc Market | Manhattan, NY, 10017 | 22 May 12 |
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Synechron, Inc. is seeking a Business Analyst with Equities Derivatives experience for a global team within th...
| Clearing Margin Process Team Lead | Fusionfind LLC $150,000 base plus bonus | New York, NY | 22 May 12 |
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Clearing Margin Process Team Lead Vice President level with a major bank
| Credit Quant opportunity: Financial firm in NYC | Selby Jennings QRF strong | New York, NY, 10001 | 22 May 12 |
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Credit Derivatives Analytics Top US Financial House looking to build out their Analytics Platform Location: ...
| Senior Quantitative Developer – Listed Derivatives – Front Office Quantitative Analytics Group –Investment Bank - New York, NY | GQR Global Markets Up to $175,000 USD (DOE) + competitive b... | New York, NY, 10001 | 22 May 12 |
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A leading front office Quant Analytics group is proactively seeking a senior Quantitative Developer to expand ...
| Fixed Income Quant/Developer C# | Analytic Recruiting Inc. Compensation Competitive | New York City, NY | 22 May 12 |
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Well respected Hedge Fund located in NYC is looking for a Quantitative Developer who will be responsible for c...
| Credit Derivatives Programmer/Analyst – New York | Analytic Recruiting Inc. Competitive Compensation | New York, NY | 22 May 12 |
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A high-end buy side firm with offices in New York is building-out its fixed-income analytics infrastructure fo...
| OTC/Credit Derivatives-Sales/Relationship Manager | Analytic Recruiting Inc. Competitive | New York, NY | 22 May 12 |
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A financial derivatives technology firm is looking for a seasoned Financial Software Sales Person to manage se...
| Lead Application Developer, Equity Derivatives VP Level | Anson Mccade Very attractive plus Bonus | New York, NY, 10001 | 22 May 12 |
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My client is looking to hire a hands on lead engineer to build out the derivatives trade management functional...
| E-Trading / DMA Sales. | New York City | | Not Disclosed Highly competitive | New York, NY, 10001 | 22 May 12 |
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My Client is looking to increase its presence in the US and is building out a DMA/Electronic sales desk. My...
| US Institutional Cash Equity Sales - USA | Selby Jennings Equity Highly Competitive | New York, NY, 10001 | 22 May 12 |
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Sales, Equity, Cash Products, Institutional Clients, Pan-US Coverage, Emerging Markets Equity, New York City, ...
| LATAM Equity Derivatives Sales - New York | Selby Jennings Equity Highly Competitive | New York, NY, 10001 | 22 May 12 |
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Sales, Equity, Derivatives, Flow, Volatility, Listed Options, LATAM Coverage, New York City, USA, Highly Compe...
| Finance Data Architecture - Product Classification Business Analyst - Senior Manager | Morgan Stanley not disclosed | New York, NY | 22 May 12 |
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See job description below
| Automated Trading Support Specialist | Futures Group IT, llc 120-150K base plus great bonus potential | New York, NY | 21 May 12 |
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Top financial firm is looking for a Trade Support Specialist to maintain their automated production Trading sy...
| C# WPF/Winforms Developer for Electronic Trading | Futures Group IT $130K - $200K | Stamford, CT | 21 May 12 |
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The role is for a C# Developer responsible for the design, development, implementation and support of new func...
| Junior FX Institutional Sales - EM Region | Not Disclosed very competitive | New York, NY | 21 May 12 |
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My client - a top tier Investment Bank - is looking to hire a VP level FX Sales.