Associate Or Director, Equity Derivatives Trader

CIBC

New York, NY, USA
Base: $150,000-$225,000; bonus/equity: eligible fo...
2-7 years sell side trading experience
Us single stock options market making
Options pricing models and volatility surfaces
The role involves providing continuous, competitive two-way pricing in US-listed single stock options for institutional clients

Job Summary

  • The role involves providing continuous, competitive two-way pricing in US-listed single stock options for institutional clients.
  • Candidates will manage and hedge the desk's risk exposures in real time while optimizing risk-adjusted returns within established limits.
  • CIBC offers a competitive total rewards package including medical, dental, vision, life insurance, and a discretionary bonus component.

Matching Summary

The role involves providing continuous, competitive two-way pricing in US-listed single stock options for institutional clients.

Salary

Base: $150,000-$225,000; Bonus/Equity: Eligible for incentive compensation plan with discretionary bonus; Benefits: Medical, Dental, Vision, 401(k), Paid Time Off

Skills & Requirements

Must-have

  • 2-7 years sell side trading experience
  • US single stock options market making
  • Options pricing models and volatility surfaces
  • Real-time risk management and hedging
  • Electronic trading platforms proficiency

Nice-to-have

  • Python programming familiarity
  • Strong client relationship management
  • Collaboration with sales and structuring teams
  • Adherence to CIBC risk culture values

Key Requirements

  • Bachelor's degree in Finance, Economics, Mathematics, or Engineering
  • 2-7 years of relevant sell side experience
  • Legal eligibility to work in the United States

Work Rights

Must be legally eligible to work at the location(s)

Tailored Resume

Cover Letter