Associate, Equity Derivatives Trading

About the role

CITIC CLSA is looking for an Associate to join its Delta One trading business, supporting pricing, execution, hedging and ongoing risk management. The role also covers the desk's South Asian inventory optimization book and works closely with Quant, Technology, Middle Office and other functions.

Key responsibilities

• Support Delta One trading, including pricing, execution, hedging and risk management within risk, regulatory and compliance frameworks.
• Monitor and manage equity, futures, FX, funding and basis risks from the trading book.
• Help develop and manage the South Asian inventory optimization book, improving utilization, financing and deployment of equity inventory.
• Analyze inventory, financing costs, borrow availability, dividends, corporate actions and futures basis to find relative-value and optimization opportunities.
• Work with senior traders to improve the economics of the client franchise and take ownership of day-to-day trading issues.
• Develop analytical frameworks and tools for risk management, inventory optimization, pricing and trading, using Python and other technologies.
• Partner with Quant and Technology teams to improve trading infrastructure and automate workflows.
• Support the launch of new products, markets and trading capabilities with Risk, Compliance, Legal, Finance, Operations and Technology.
• Work with Middle Office, Operations and Settlement on accurate booking, reconciliation and lifecycle management.
• Contribute trade ideas, quantitative analysis and market observations.

Required profile

• 3-5 years of relevant experience in Delta One trading, equity financing, inventory optimization, prime brokerage trading or a closely related role, preferably at an established investment bank, broker-dealer or trading platform.
• Demonstrable experience in inventory management/optimization, financing, Delta One risk management or related relative-value strategies; prior South Asia market experience highly desirable.
• Bachelor's degree or above in a quantitative, finance, economics, engineering or related discipline.
• Singaporeans and Singapore Permanent Residents are preferred.

Required skills

• Good understanding of Asian equity markets and equity products.
• Strong quantitative and analytical skills, able to turn analysis into trading decisions.
• Experience using AI and automation to improve trading workflows is an advantage.
• Good command of Chinese is helpful but not essential.