Delta One Trader - South African Equities
Embark on a dynamic career with J.P. Morgan's South African Delta One business, where you can leverage your expertise in equity markets to drive impactful trading strategies and risk management.
Job Summary
As a Delta One Trader within the Equity Derivatives Group, you will play a pivotal role in pricing and executing client requests for Delta One products. You will manage risk exposures related to index and swap books, analyze earnings forecasts, and generate trade ideas through quantitative analysis. Your role will involve direct management of entity funding and optimizing desk inventory, while actively trading on exchanges and in the inter-dealer broker market.
Collaborate with a team that values innovation and precision, contributing to the growth of our South African Delta One business. Your insights will shape trading strategies and enhance our market presence.
Job Responsibilities
- Actively price and execute client requests for all Delta One products.
- Manage risk exposures (e.g., delta, rho, mu) applicable to index and swap books.
- Analyze in-scope companies' earnings forecasts and financial situations to forecast dividend amounts.
- Generate trade ideas based on quantitative analysis of companies and events.
- Directly manage entity funding and work on optimizing the management of desk inventory.
- Analyze corporate actions and index-related events.
- Trade actively on exchange as well as in the inter-dealer broker market.
Required Qualifications, Capabilities, and Skills
- Experience in a trading/portfolio management/broking/risk management role.
- Demonstrate a very good knowledge and understanding of the SA equity markets and of the main equity indices.
- Ability to work under pressure with limited supervision.
- Accuracy and attention to detail.
- Be able to perform in a challenging, fast-paced environment.
- Have outstanding communication skills as you will interact extensively with direct colleagues as well as with the sales forces and support functions.
- Have a strong mathematical background for pricing derivatives products.
- In-depth knowledge of the aforementioned products.
Preferred Qualifications, Capabilities, and Skills
- Post-graduate degree in a quantitative field.
- CFA level 1 advantageous.
- RPE exams in progress/completed advantageous.
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
ABOUT THE TEAM
J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
