Derivatives, NY-New York: currently 7 jobs.The latest job was posted on 12 Dec 18.

Derivatives Roles in New York

Professional hires in Derivatives trading in New York City earn an average of $116,000, making this one of the best paid areas in financial services. Compared to other areas of the industry, Derivatives employees tend to need much more developed quantitative skills, and many of the most successful derivatives professionals have a scientific or engineering background. As well as traders, structurers and risk managers, the derivatives business needs legal, tax and operations professionals, particularly for structured derivatives product roles. However, even in these areas, mathematical and financial expertise is a significant advantage.

The growth areas of demand for Derivatives jobs are for quantitative analysts and programmers who can demonstrate expertise in machine learning and data science. There are also plenty of opportunities for employees with a track record in structured products. For these client-facing structuring roles, you will need to demonstrate an ability to listen and to come up with innovative solutions to customers’ appetite for risk and financial needs. The Derivatives business is a demanding industry to work in, so employers are always looking for complete commitment and a strong work ethic.

More about working in New York

The financial sector in New York draws in skilled staff from all over the world, who usually feel at home in a city with the world’s largest foreign-born population. The traditional “Wall Street” financial district has now expanded and there are financial services firms all over Manhattan Island, with many firms opening up back office locations in New Jersey.