Derivatives Trader Resume Sample
Work Experience
- Understand market drivers (of those markets in which involved), market moves, and the numbers behind it all, as well as cross-asset implications
- Act with a keen focus on BlackRock’s fiduciary responsibilities
- Propose innovative solutions in order to improve BlackRock’s execution process in a rapidly changing environment
- Assist in negotiating CSA’s, ISDA’s, MRA’s and clearing broker agreements
- Independent worker with solid organizational skills
- Discipline of focus and attention to detail
- Make real time trading decisions weighing complex circumstances under considerable time pressure
- Thorough knowledge of markets and various trading strategies
- Understand portfolio manager investment style and market trends
- Advanced computer skills including electronic trading systems and other industry software
- High level of professionalism and adherence to high ethical standards
- Work closely with portfolio construction team on managing risk and portfolio optimization through the use of derivatives and options strategies. This includes idea generation, structuring options strategies, trade execution and ongoing monitoring of options strategies
- Analyze market landscape to best negotiate and execute options trades within time and price constraints
- Develop and employ options pricing models to determine most efficient pricing of options strategies and payoff
- Recommend trading strategies to investment team resulting in delivery of the best price and volume
- Develop, maintain and enhance new and existing relationships with Sell-Side trading desks to ensure best liquidity and trade execution
- Provide portfolio managers and analysts with timely insight on pertinent markets conditions – i.e daily monitoring of country specific news, economic data, and political events that move markets and/or specific options trades and positions
- Serve as a intermittent back-up / execute the job responsibilities of other Global Macro traders in event of their absence
- Work with other Franklin Templeton trading desks and supporting departments on trading related issues
- Ensure compliance with Franklin Templeton’s “Statement of Best Execution Procedures.”
- Formulation of derivatives trading strategy. Review all hedging reports generated by the Bank’s risk vendor and develop and execute hedging strategy. Monitor daily hedge effectiveness from Quantitative Risk Management system and Polypath financial system to hedge assets with clear oversight of hedging framework. Offer innovative strategies and technical solutions for managing the risk
- Daily review, quantitative analysis and maintenance in evaluating risk and market movements. Evaluate, construct and execute hedge funds to ensure protection of bank assets as rates vary. Development and maintenance of models used in balance sheet management, asset valuations and risk measurement
- Develops Best Execution strategies to maximize the return of the assets
Education
Professional Skills
- Utilizing proven leadership skills, able to enhance the internal and external functioning of the trading desk
- Strong quantitative modeling skills and analytical abilities
- Experience working in a financial firm, or strong related internship experience
- Solid negotiation skills and compressive knowledge of securities and their markets, market protocols, factors influencing price trends, and security exchanges
- Solid communication and interpersonal skills to maintain effective relationships with Brokers, Portfolio Managers, Research Analysts and team members
- Recognize and prioritize competing demands in order to satisfy business need, including the importance of the pricing variables
- Iron Ore and Coal trading or analytics experiences
How to write Derivatives Trader Resume
Derivatives Trader role is responsible for securities, trading, modeling, research, security, software, negotiation, analytical, finance, mortgage.
To write great resume for derivatives trader job, your resume must include:
- Your contact information
- Work experience
- Education
- Skill listing
Contact Information For Derivatives Trader Resume
The section contact information is important in your derivatives trader resume. The recruiter has to be able to contact you ASAP if they like to offer you the job. This is why you need to provide your:
- First and last name
- Telephone number
Work Experience in Your Derivatives Trader Resume
The section work experience is an essential part of your derivatives trader resume. It’s the one thing the recruiter really cares about and pays the most attention to.
This section, however, is not just a list of your previous derivatives trader responsibilities. It's meant to present you as a wholesome candidate by showcasing your relevant accomplishments and should be tailored specifically to the particular derivatives trader position you're applying to.
The work experience section should be the detailed summary of your latest 3 or 4 positions.
Representative Derivatives Trader resume experience can include:
- Make solid decisions under pressure and to respond quickly to news and change
- Extensive Dry Freight experience and knowledge
- Strong work ethics and high level of motivation
- Develop an understanding of the hedging and funding dynamics of Street counterparties and their impact on pricing and execution of derivative trades
- Deliver various levels of support to Transamerica ALM and Hedging team, such as analytical, pricing and reporting support
- Discuss in detail your understanding of the various market variables and their impacts on products (pricing, flows etc.)
Education on a Derivatives Trader Resume
Make sure to make education a priority on your derivatives trader resume. If you’ve been working for a few years and have a few solid positions to show, put your education after your derivatives trader experience. For example, if you have a Ph.D in Neuroscience and a Master's in the same sphere, just list your Ph.D. Besides the doctorate, Master’s degrees go next, followed by Bachelor’s and finally, Associate’s degree.
Additional details to include:
- School you graduated from
- Major/ minor
- Year of graduation
- Location of school
These are the four additional pieces of information you should mention when listing your education on your resume.
Professional Skills in Derivatives Trader Resume
When listing skills on your derivatives trader resume, remember always to be honest about your level of ability. Include the Skills section after experience.
Present the most important skills in your resume, there's a list of typical derivatives trader skills:
- Proactive leader to manage CGMK BTB trades based on good understanding of product knowledge
- Solid knowledge of current clearing and regulatory issues with ability to monitor and adapt to future regulatory changes as needed
- Strong understanding of Chinese politics and commodities markets
- Experience in a similar role in a trading house, investment bank or hedge fund
- Strong Interest-Rate derivatives product knowledge, with a particular focus on OTC and listed Interest Rate products
- Reporting on exposure management, including building complex and dynamic models
List of Typical Skills For a Derivatives Trader Resume
Skills For Equity Derivatives Trader Associate Resume
- Trade the FFA and options market across all vessel sizes including, but not limited to the following strategies
- Derivatives trading team in Shanghai and Singapore
- Organized and methodical behavior and thinking
- Proficiency in one or more programming languages (VBA, C++, and SQL)
- Reconcile daily assumptions used in developing hedge strategy such as volume forecast, coupon shift, fallout, and settlements
- Ad hoc technical analysis to support trading decisions and strategy
Skills For Intermediate Derivatives Trader Resume
- Metals physical and paper traders in Geneva
- Basic MS office application (Word, Excel) user
- Experienced trader with solid negotiation skills. Comprehensive knowledge of: securities and their markets; market protocols; factors influencing price trends; and securities exchanges
- Strong business relationships internally and externally which include broker dealers, banks, investment banks through exceptional communication and relationship skills
- Deep understanding of options theory
- Deep understanding of physical Freight markets – fundamental drivers (based on internal and external sources)
- Expert in financial derivatives, foreign currency and interest rate options trading, strategy, idea generation and execution
Skills For Senior Equity Derivatives Trader Resume
- Open minded research approach and genuine intellectual curiosity
- Able to explain complex concepts in simple terms to a non-specialist audience
- Proficiency with market data sources (Bloomberg, Reuters, etc.)
- Ensure adherence to all MSR policies. Communicate complex concepts in a clear and concise manner to senior managers as well as internal auditors, external auditors and regulators
- Execute derivative trades in various derivative markets, including interest rate and equity derivatives
- Contribute to front office related projects, i.e. infrastructure improvements, automation, etc
Skills For CIB Global Equities Single Stocks Equity Derivatives Trader VP Resume
- Take and execute orders on London Metals Exchange (LME) and Chinese Commodity Exchanges.
- Trade daily spot exposure and liaise with counterparties to flatten exposure
- Manage derivative flow books
- Monitor the SHFE ARB in close relationship with Geneva and Shanghai traders
- Bi-lingual level spoken and written Mandarin and English
- Diligent, sincere attitude