Junior Convertible Derivatives Portfolio Manager

Job details

• Salary:  highly desirable
• Location: Chicago Heights < IL < USA
• Job Type: Permanent, Full time
• Company:  Grainstone Lee
• Posted on: 24 Feb 14

A well –established top ranking credit derivatives trading group is seeking for a Junior Portfolio Manager to join the convertible derivatives trading desk in Chicago. This right individual will work within a high calibre fast pace trading team to develop his/ her portfolio management record.
Responsibility:

• Assist with trading, idea generation and portfolio management;
• Be the point contact between PMs and other internal and external counterparties;
• Testing trading ideas, trading analysis and translate simulation into trading revenue;
• learn to develop his/ her own systematic approach trading strategies with support from pricing quants and developers

Essential Requirements:

• 1-3 years’ front office pricing or trading experience in reputable fixed income, equity convertible or credit trading desk
• Demonstrated research record and in-depth knowledge in fixed income, equity convertible derivatives or credit derivatives is essential
• Familiar with trading and analytical tools ( Excel/ VBA)
• Coding knowledge in Python is an advantage 
• Familiarity in convertible derivatives is highly desirable
• Solid knowledge in mathematics, stochastic calculus, and time series analysis
• Market savvy, strong interest in convertible derivatives (options) trading
• Bachelor or more advance degree in mathematics, applied math, statistics, physics, computer science or other quantitative related subjects.

To apply for this role in Chicago, please email a copy of your resume to Alexa Chen: a.chen@gslsearch.com