Graduate Quant Traders Assistant

Sydney

Ancillary Areas

Permanent

Our client is seeking a recent graduate in mathematics, economics or quant focused degree’s. The successful applicant will support the senior traders for 12-18 months with the view to joining the trading training program in the US.

Applications will only be accepted from graduates with a proven high level of academic quantitative achievement (HD or minimum D averages throughout university) Ideally you would have excelled in both high school and university mathematics courses.

Responsibilities:

• Analysis and Flow of Market Information
• Follow daily reports of dividends, earnings, and news. Communicate information to traders and produce reports for risk managers
• Adjustment of Options Market
• Input systems parameters to generate option quotes based on theoretical options models, customer order flow and interaction with traders and brokers
• Management of Option Specialist Books
• Make sure trades settle correctly & fix brakes. Maintain positions and calculate profit and loss
• Day to day administration and support to traders-maintain a smooth working environment for the trader
• Liaise with trading desk and brokers
• Prepare pricing sheets
• Under direct supervision of a trader will be responsible for changing market prices and executing trades
• Trade capture and reporting
• Upload OTC trades to prime brokers
• Reconciliation of positions market value between prime brokers and desk

Requirements:

• Exceptional quantitative and analytic skills
• 4 Unit Maths
• Knowledge of statistics and probability
• Understanding of option price theory and models
• Strong computer skills
• Thorough mastery of Excel and Access
• Programming ability preferred
• Financial markets experience
• Knowledge of financial products
• Knowledge / experience in Asian markets preferred
• Team player
• Confident, assertive, quick-thinking

Please clearly state your academic qualification, the grade average achieved and the year you completed university in your application. Please also submit your resume only in Word format.