Delta 1 Trader - New York, United States - Barclays

Barclays

Verified Company

New York, United States

2 weeks ago

Posted by:

Mark Lane

beBee recruiter

Description

Delta 1 Trader

New York

This role is deemed as a Certified role under the PRA & UK Financial Conduct Authority - Individual Accountabilities Regulations and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.

As a Barclays Delta 1 Trader, you will be focusing on the index business.

As part of the Equity financing umbrella, Delta 1 provides a wide array of financing solutions to a broad spectrum of clients such as hedge funds, pensions and insurance providers.

You will be involved with daily market making and risk management of repo and dividend risk across index products such as total return swaps, futures, forwards and options and will interact with various support and technology functions from a pricing, booking and risk capture perspective.

Salary / Rate Minimum: 155,000

Salary / Rate Maximum: 250,000

The minimum and maximum salary/rate information above include only base salary or base hourly rate. It does not include any another type of compensation or benefits that may be available.

Barclays is one of the world's largest and most respected financial institutions, established in 1690, with a legacy of success, quality, and innovation.

We've helped millions of individuals and businesses thrive, creating financial and digital solutions that the world now takes for granted.

An important and growing presence in the USA, we offer careers providing endless opportunity.

What will you be doing?

Pricing, trading and risk managing a variety of Delta 1 products
Being accountable for the market making of BTIC & EFP markets
Developing strategies and building trading tools for enhancing desk's pricing and risk metrics
Monitoring daily dividends on cash instruments vs futures, to take advantage of market mispricing
Pricing and trading on US broad based indices and ETFs
Automating processes and client axes on index/ETFs on a daily basis

What we're looking for:

Bachelor's Degree level in a Finance/Computer Science/Mathematical/Economics related field
Proven experience in building quantitative solutions with background in financing and/or equities markets
Comfortable to work under pressure in a fast paced environment while minimizing operational risk
Problem solver, able to work independently and leverage technology to automate processes and streamline daily trading tasks

Skills that will help you in the role:

Expertise in trading equities Delta-1 products on US broad based indices
Exposure to a financing business under a Prime brokerage umbrella: funding, securities lending, futures clearing
Advanced quantitative and coding skills

Where will you be working?
You will be working at our Americas Headquarters at 745 Seventh Avenue.

This 32-story office tower is located in Times Square in the heart of Manhattan and features a cafeteria, fitness center and state-of-the-art LED signage on the facade of the building.

LI-Onsite