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Derivatives Trader

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Santander

10d ago

  • Job
    Full-time
    Senior Level
  • Data
    Banking & Finance
  • Geneva
  • Quick Apply

AI generated summary

  • You need a bachelor’s degree, 5-7 years of relevant experience, knowledge of derivatives and bank regulations, strong analytical skills, and proficiency in English; Spanish is a plus.
  • You will execute FX and derivative transactions, manage client relationships, provide market insights, ensure compliance with policies, and support Treasury projects and risk management.

Requirements

  • Bachelor’s degree required; Master’s degree preferred or equivalent experience
  • 5-7 years of relevant experience or demonstrated required level of proficiency
  • Understanding of financial products, including derivatives.
  • Knowledge of Bank Regulation
  • Strong analytical Skills
  • English, Spanish would be preferable
  • Command of banking products (FX, IR, Equity OTC derivatives, structured products and listed options), cash flows, financial reporting and analysis, management reporting, variance analysis and knowledge of fixed income and capital markets.
  • Strong analytical and quantitative skills.

Responsibilities

  • Executes FX spot and derivative transactions for clients, including OTC (FX FWDS, NDFs, and FX, IR, Equity), structured products and Exchange Traded (Listed options) within established risk limits/parameters.
  • Executes Securities for Clients, associated with ETD, and including equity and fixed income as a back-up.
  • The Derivatives Trader plays a lead role in participating and delivering projects and initiatives associated with FX and Derivatives.
  • Backup cross functional functions within the Treasury Group as needed for projects, risk management, cash management, and execution.
  • Builds and maintains internal and external relationships providing efficient execution of trades including client activity. Promotes automation, reducing operational errors.
  • Contributes market views and provides market research of major currencies and interest rates, including economic fundamentals.
  • Insures that activity is governed by proper updated policies and procedures.
  • Provide subject matter expertise to the organization in Treasury matters, such as Derivatives and Trade Execution.
  • Other duties as assigned or requested by immediate supervisor.

FAQs

What are the primary responsibilities of the Derivatives Trader?

The primary responsibilities include executing FX spot and derivative transactions for clients, participating in projects related to FX and Derivatives, providing market research, managing client relationships, and ensuring compliance with policies and procedures.

What qualifications are required for the Derivatives Trader position?

A bachelor's degree is required, with a master's degree preferred or equivalent experience. Additionally, 5-7 years of relevant experience is necessary.

What financial products should a candidate be familiar with?

Candidates should have an understanding of financial products including FX, interest rate derivatives, equity OTC derivatives, structured products, and listed options.

Is knowledge of bank regulation important for this role?

Yes, knowledge of bank regulations is required for the Derivatives Trader position.

What language skills are preferred for this role?

Proficiency in English is required, and knowledge of Spanish is preferable.

What soft skills are important for a Derivatives Trader?

Important soft skills include strong analytical skills, the ability to build and maintain relationships, adaptability to change, and effective communication.

Will the Derivatives Trader be involved in cash management?

Yes, the Derivatives Trader will back up cross-functional functions within the Treasury Group, which includes cash management responsibilities.

Is there a focus on automation in this role?

Yes, promoting automation to reduce operational errors is a key part of the job responsibilities.

What is the job location for the Derivatives Trader position?

The job is located in Switzerland.

Are there any specific analytical skills required for this position?

Yes, strong analytical and quantitative skills are required for the Derivatives Trader position.

Here to help you prosper

Finance
Industry
10,001+
Employees
1857
Founded Year

Mission & Purpose

Santander is a leading global bank, founded in 1857 and headquartered in Spain, and is one of the largest banks in the world by market capitalisation. It provides a wide range of financial products and services, including personal and corporate banking, wealth management, and insurance. With a strong presence in Europe, Latin America, North America, and Asia, Santander's mission is to help people and businesses prosper by offering customer-centric solutions. Its purpose is to support growth and innovation while fostering responsible banking practices to benefit individuals, businesses, and communities.