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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| Project Programme Manager ARROW MIFID FATCA Regulatory & Compliance Change KYC Investment Bank | Adlam Consulting Ltd £700+ /day | UK-London | 15 May 12 |
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Senior Project Manager/Program Manager Very high profile role.Extensive experience of Compliance Best Practice...
| VC++ C# Developer - XML SQL Oracle - Pricing Fixed Income Derivatives | Adlam Consulting Ltd £500 - £600 /day | UK-London | 15 May 12 |
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C++Developer with Fixed Income experience. Good Maths & develop some Server Side componets in C#. Development ...
| Senior Structured Program Manager - Equities Derivatives Basel III Banking | Adlam Consulting Ltd Market Rates ++ | UK-London | 15 May 12 |
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Senior Project Managers / Program Managers Investment banking consultancy background. Work on high profile con...
| ISDA Documentation / Drafter | Advantage Professional £160 - £180 per day | UK-London | 14 May 12 |
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We are looking for a Derivative Documentation Drafter to work for a top investment bank based over in Canary W...
| Front office support & development | Advantage Professional Hong Kong SGD 7000 - 8000 per month + discretionar... | Singapore | 13 May 12 |
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A leading specialist broking house is looking to hire an experienced front office support & development profes...
| Senior Derivatives Trader 1 | Aegon USA Competitive | Baltimore, MD | 07 May 12 |
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The Derivatives Execution team within the Global Derivatives & Hedging group of AEGON Asset Management, is loc...
| Senior Agricultural Commodities Traders, Global Brokerage House (£120K -£200K + Bonus + Benefits) | Alan Mitchell Financial Recruitment Excellent + Bonuse + Additional benefits | UK-London | 14 May 12 |
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Alan Mitchell Financial Recruitment is currently recruiting for one of the largest Commodity Trading houses gl...
| Listed Futures & Options Sales to Northern Europe | Alan Mitchell Financial Recruitment Excellent + Bonuse + Additional benefits | UK-London | 14 May 12 |
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Our client is a Tier One Investment bank and they are currently looking to strengthen the groups Northern Euro...
| Business Analyst - Project Manager - Operations Change - Equity Derivatives - London | Alexander Ash Consulting AVP - VP | UK-London | 16 May 12 |
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Our client, a leading Tier 1 Global Investment Bank requires Business Analysts and Project Managers at AVP and...
| Project Manager - Sub Ledger Implementation - Investment Banking | Alexander Ash Consulting £80,000 - £120,000 | UK-London | 16 May 12 |
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Project Manager to lead a large scale sub ledger implementation at a top tier investment bank within a large s...
| Credit Derivative Documentation Drafter | Ambition £200 - £250 per day | UK-London | 11 May 12 |
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A leading Investment bank is currently searching for a Credit Derivative Documentation Drafter to join their D...
| Associate Product Services Portfolio Valuation | Ambition Group Singapore (Licence No. 10C5117) Attractive Salary Package | Singapore | 11 May 12 |
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A new, exciting role for a Japanese speaker to join a company who offers exciting career progression
| Associate / AVP Equity Derivatives Middle Office | Ambition Hong Kong Attractive Compensation | Hong Kong SAR | 16 May 12 |
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An outstanding opportunity for Associate/AVP Middle Office professional to focus on OTC Equity Derivatives pro...
| Equities Compliance - VP | Ambition Hong Kong Excellent Salary & Benefits | Hong Kong SAR | 15 May 12 |
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Senior Level Equities Compliance role with a leading Investment Bank
| Structured Products Trade Support | Ambition Hong Kong Outstanding Package | Hong Kong SAR | 15 May 12 |
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A TOP TIER I BANK is looking for a STRUCTURED PRODUCT TRADE SUPPORT Analyst to join their Middle Office team!
| Flow Sales Support for Tier 1 I Bank | Ambition Hong Kong Attractive Compensation and Benefits | Hong Kong SAR | 15 May 12 |
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A TOP investment bank is looking for a Flow Sale Support for their Equity Derivatives team in HK
| ENQUETEUR QUANTITATIF | AMF - Autorité des Marchés financiers non communiqué | France-Paris | 10 May 12 |
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Il/elle devra travailler principalement sur les dossiers nécessitant des compétences techniques élevées (analy...
| Derivatives-Sales Opportunity - Stay Ahead of the Curve - New York | Analytic Recruiting Inc. Competitive comp | New York, NY | 15 May 12 |
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A NY based Financial Firm is looking to add a Derivatives Sales professional to market Fixed Income, Cross Cur...
| Asset Management and Securities Servicing Sales- New York | Analytic Recruiting Inc. Competitive comp | New York, NY | 15 May 12 |
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A financial derivatives firm in NY is looking for an experienced sales person for its new automated Reconcilia...
| Hedge Accounting-Pre-Sales Consultant - Chicago | Analytic Recruiting Inc. Competitive | Chicago, IL | 15 May 12 |
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A Derivative Risk Software firm is looking for an ASC 815 (FAS 133) Derivatives Accounting Expert from a Big 4...
| INTEREST-RATES QUANT Modeler (PhD) – HJM, BGM, SABR -Boston | Analytic Recruiting Inc. Competitive | Boston, MA | 15 May 12 |
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An Investment Manager with offices in Boston is looking for a trading room desk quant/modeler to support the f...
| Credit Derivatives Programmer/Analyst – New York | Analytic Recruiting Inc. Competitive Compensation | New York, NY | 15 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...
| Fixed Income Quant/Developer C# | Analytic Recruiting Inc. Compensation Competitive | New York City, NY | 15 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...
| Desk Quant- Interest Rate Derivatives Trading | Analytic Recruiting Inc. Compensation Competitive | New York City, NY | 15 May 12 |
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Global Investment Bank located in NYC is looking for a desk quant/modeler to support their interest rates deri...
| Senior Financial Engineer/Quant - Philadelphia | Analytic Recruiting Inc. Competitive Compensation | Philadelphia, PA | 15 May 12 |
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Large financial company located in Philadelphia is looking for a Senior Financial Engineer who will be respons...
| Lead Application Developer, Equity Derivatives VP Level | Anson Mccade Very attractive plus Bonus | New York, NY, 10001 | 14 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...
| Associate Director, Structuring & Execution. Global Markets | ANZ not disclosed | Australia-Sydney | 15 May 12 |
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Sitting within ANZ Equities, this role is responsible for the structuring of equity derivative products, and t...
| Project Manager / Business Analyst -Investment Bank | Aptitude Asia Excellent | Hong Kong SAR | 15 May 12 |
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The successful incumbent is required to provide expert Business Analysis and Project Management experience inc...
| AVP Equity Derivatives Valuations | Ashton Lane Group, Inc Excellent Base & Bonus | New York, NY, 10001 | 11 May 12 |
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Providing the independent price verification for Exotic Equity Derivatives within a global investment bank
| AVP – Pricing Analyst | Ashton Lane Group, Inc Excellent Base & Bonus | New York, NY, 10001 | 11 May 12 |
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Support the valuations and control within a leading international asset management firm