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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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| Business Dev. Assoc.- LatAm/Caribbean | Pacific Investment Mgmt Company not disclosed | Newport Beach, CA | 16 May 12 |
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PIMCO is seeking to recruit a Business Development Associate for the Latin America & the Caribbean team, f...
| Director FX Products | CME Group not disclosed | Chicago, IL, 60601 | 16 May 12 |
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See job description below
| Derivatives Reporter | Thomson Reuters not disclosed | New York, NY | 16 May 12 |
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See job description below
| C++ Fixed Income Trading Systems Developer | Halliwell Search LLC To 200K base plus bonus | New York, NY, 10001 | 16 May 12 |
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Senior Fixed Income Analytic Development position, Global Investment Bank, Credit Flow Trade Desk. C++-UNI...
| C# Winform Developer | Synechron Inc DOE | Nyc, NY | 16 May 12 |
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Our client A leading European bank is looking for a Senior desktop Windows forms developer to be supporting th...
| Senior Data Architect - Financial Services | Synechron Inc Market | Manhattan, NY, 10017 | 16 May 12 |
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Synechron, Inc. is seeking a Senior Data Architect for a leading Financial Services company. The selected cand...
| Communications Manager, Structured Finance, REITS & Public Housing knowledge required | Standard & Poor`s not disclosed | New York, NY | 16 May 12 |
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See job description below
| Analyst, Deals Intelligence | Thomson Reuters not disclosed | New York, NY | 16 May 12 |
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See job description below
| Quant Developer | IJC Partners, LLC. Base plus Bonus | Greenwich, CT, 06830 | 16 May 12 |
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Dynamic Financial Firm is looking for a Quant Developer to work on their Trading Systems
| Senior Risk, Pricing Developer | IJC Partners, LLC. Base, Bonus, Stock | Greenwich, CT, 06830 | 16 May 12 |
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Premier Financial Firm is looking for a Team Lead for a Risk and Pricing Group
| Electronic Trading Sales | IJC Partners, LLC. Base+Bonus | Nyc, NY | 16 May 12 |
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Global Investment Bank is looking for a mid-senior level electronic trading sales person to join existing team...
| Senior Quantitative Developer – Listed Derivatives – Front Office Quantitative Analytics Group –Investment Bank - New York, NY | GQR Global Markets Up to $175,000 USD (DOE) + competitive b... | New York, NY, 10001 | 16 May 12 |
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A leading front office Quant Analytics group is proactively seeking a senior Quantitative Developer to expand ...
| E-Trading / DMA Sales. | New York City, USA | | Not Disclosed Highly competitive | New York, NY, 10001 | 16 May 12 |
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My Client is looking to increase its presence in the US and is building out a DMA/Electronic sales desk. My...
| LATAM Equity Derivatives Flow Sales - New York | Selby Jennings Equity Highly Competitive | New York, NY, 10001 | 16 May 12 |
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Sales, Equity, Derivatives, Flow, Volatility, Listed Options, LATAM Coverage, New York City, USA, Highly Compe...
| Interest Rates Independent Price Verification Analyst | New York City | Selby Jennings QRF COMPETITIVE SALARY STRUCTURE | New York, NY, 10001 | 16 May 12 |
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Rates Independent Price Verification Analyst | New York City COMPETITIVE SALARY STRUCTURE + Exceptional Ben...
| Equity Listed Options Sales - NYC | Selby Jennings Equity Highly Competitive | New York, NY, 10001 | 16 May 12 |
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Sales, Equity, Derivatives, Listed Options, North American Specialist, Hedge Fund / Institutional Clients, New...
| US Institutional Equity Sales - NYC | Selby Jennings Equity Highly Competitive | New York, NY, 10001 | 16 May 12 |
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Sales, Equity, Cash Products, Institutional Clients, Pan-US Coverage, Emerging Markets Equity, New York City, ...
| Expert of CNY FX Option Trade | ICBC Competitive | China-Beijing | 16 May 12 |
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Are you a native mandarin speaker willing to relocate to China and join one of the leading banks, ICBC as an ...
| Interest Rate Derivative Structuring - NYC | Huxley US$150000 - US$200000 per annum | New York, NY, 10001 | 15 May 12 |
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Huxley associates are working with a top tier Bank in NYC thats looking to add talent to their Interest ...
| 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...
| 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...
| Financial Modelling and Econometrics Professional | Fitch Solutions not disclosed | New York, NY | 15 May 12 |
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See job description below
| C# WPF/Winforms Developer for Electronic Trading | Futures Group IT $130K - $200K | Stamford, CT | 15 May 12 |
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The role is for a C# Developer responsible for the design, development, implementation and support of new func...
| SR LEVEL E-COMMERCE | Not Disclosed BASE PLUS BONUS | Manhattan, NY, 10017 | 15 May 12 |
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Global Investment bank needs an experienced candidate to Lead their E-Commerce effort in NYC.
| Business Analyst - Equity Derivatives | Synechron Inc Market | Manhattan, NY, 10017 | 15 May 12 |
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Synechron, Inc. is seeking a Business Analyst with Equities Derivatives experience for a global team within th...
| Junior FX Institutional Sales - EM Region | Not Disclosed very competitive | New York, NY | 15 May 12 |
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My client - a top tier Investment Bank - is looking to hire a VP level FX Sales.
| 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...