Trader

This notice is posted in connection with the filing of an application for permanent employment certification. All applicants should report directly to this advert. Any person may provide documentary evidence to the Certifying Officer of the U.S. Department of Labor at the following address:

United States Department of Labor

Employment and Training Administration

Atlanta Processing Center

Office of Foreign Labor Certification

200 Constitution Avenue NW, Room N-5311

Washington, DC 20210

Tel#  (404) 893-0101          Fax#  (404) 893-4642

DUTIES:

Provide support to the Portfolio Managers by providing market information and color as necessary to Cash/Derivative Portfolio Managers and other Capula personnel. Learn about the business while assisting in completing ongoing/daily and special treasury related tasks, specifically; financing and investment activities. Liaise with prime brokers (to facilitate settlement issues) as well as with counterparties (dealers) to facilitate price discovery, obtaining market flow and color, and execution of trades. Execute specific trades and trade ideas including discretion over timing and how trades are expressed, as instructed by a Portfolio Manager / Senior Portfolio Manager/ Senior Trader II. Maintain relationships with Brokers and provide research ideas in support of trading strategies. Ensure all financing requirements are covered as necessary during normal market trading hours. Check that trading activity is kept in compliance with the Traders approved Trading Mandate and is subject to the Capula risk limit framework at the capital / cluster level. Carry out discretionary trades under the capital allocated to a Portfolio Manager / Senior Portfolio Manager / Senior Trader II when specific authority has been granted by the capital owner. Assist with generating activity reports and weekly exposure reports in addition to ad-hoc reporting from time to time. Collect flow/price data, summarizing it and reporting it to traders. Collaborate cohesively with the wider trading teams, sharing ideas and communicate market sentiments on a day to day basis and during weekly trading meetings. Work extensively with operations to ensure any issues resulting from financial transactions or settlements are effectively resolved. Provide feedback to appropriate parties within the firm to enhance organizational processes and policies. Support various other internal departments such as market risk, strategy, operations and product control in order to ensure a risk free trade cycle. Develop the Desk’s risk management structure and communicate technology development requirements. Occasionally meet with investors to give them a more robust view of the trading environment and strategies within Capula. Perform other duties as needed.

Requirements

The position requires a Bachelor’s degree (or foreign equivalent) in Finance, Economics, Mathematics, or a related field plus five (5) years of experience in the job offered or related occupations required. Experience must include: 5 years of experience in: Performing financial modelling and pricing of credit derivatives to ensure prices and analytics are correctly produced; Working with Object-oriented programming tools, such as Python, and Excel VBA, to design efficient infrastructure and flexible data models; Developing tools, models, and analytics to support delta one and derivatives trading; Applying basic Macroeconomics knowledge, especially to developed countries: how different macroeconomic trends impact the credit markets in absolute and vs. other markets, as well as between the different tradable credit products; Trading experience in credit markets; Analyzing company balance sheets and debt metrics from a top-down perspective, in order to understand/predict the extent to which developments in company fundamentals can impact tradable credit products; Utilizing discretionary and model-driven inputs to generate clear and concise trade ideas in Credit Markets. Experience can be concurrent.

Benefits

SALARY:         $178,000.00 to $185,000.00/ per year