Position Description:  The candidate will be based out of Mumbai and will be working with the Interest Rate Option Trading desk (London).The role suits a self motivated, highly energetic individual who has a strong background in mathematical analysis. The role offers great opportunity to the candidate’s their knowledge of and exposure to interest rate products, risks, risk changes as well as valuation.  Responsibilities include:  The candidate will be involved in –  - Aggregating and analyzing Interest Rate data for the desk  - Analyzing and Explaining Risks (hedges) and P&L of the trade books   - Aiding the desk in valuing products  - Helping in improving procedures and aiding in automation of the models  - Calibrating model parameters (SABR, PowerF, Heston) to the markets  				 Skills Required:  The candidate should have theoretical or practical understanding of -   - Option Greeks and their behavior over time  - Interest rate derivative products like Swaps, Swaptions, Spread Options, Cap/Floors, CMS range accruals, Digitals etc.  - Basic options trading strategies  - General behavior of Fixed Income markets  Preferred Credentials:  - Engineers with MBAs, or finance experience  - 0 to 2 years work experience in Banking/Financial Services  - Coursework/Strong understanding in Economics, Econometrics, Finance  - Good communication skills  - Attention to detail  - Proficiency in MS Office products  - Advance knowledge of VBA and programming  - Coursework in Statistics is a plus

Mumbai

Interest Rate Option Trading - Investment Bank   

Interest Rate Option Trading - Investment Bank    ,Job Description for Interest Rate Option Trading - Investment Bank    in Investment Bank in  Mumbai for (0-2) years of experience. Apply Now!

Job Description for Interest Rate Option Trading - Investment Bank    in Investment Bank in  Mumbai for (0-2) years of experience. Apply Now!