Derivatives Trader at Ernst & Young (EY), Sioux Falls, South Dakota

Company Overview: Ernst & Young (EY) is a global leader in assurance, tax, transaction, and advisory services, with a strong presence in the banking and finance industry. EY is committed to building a better working world by helping clients navigate complex financial challenges and opportunities. Key Responsibilities for Derivatives Trader: - Execute trades in derivatives markets, including options, futures, swaps, and other financial instruments - Analyze market trends and economic indicators to make informed trading decisions - Develop and implement trading strategies to manage risk and maximize returns - Monitor and manage portfolio positions to ensure compliance with risk management policies - Collaborate with internal teams to support client needs and optimize trading outcomes - Stay abreast of regulatory changes and industry developments to ensure compliance and best practices Required Qualifications: - Bachelor's degree in Finance, Economics, Mathematics, or related field - Proven experience as a derivatives trader in a financial institution or investment firm - Strong understanding of derivatives markets, pricing models, and risk management techniques - Proficiency in quantitative analysis and financial modeling - Excellent decision-making and problem-solving skills in fast-paced environments - Ability to work well under pressure and meet trading performance targets - Strong communication and interpersonal skills to collaborate with team members and clients Desired Skills: - Master's degree in Finance or related field - Professional certifications such as CFA (Chartered Financial Analyst) or FRM (Financial Risk Manager) - Experience with algorithmic trading systems and quantitative trading strategies - Knowledge of regulatory requirements in derivatives trading - Ability to develop and backtest trading algorithms using programming languages like Python or R Compensation & Benefits: The annual salary range for the Derivatives Trader position at EY in Sioux Falls, South Dakota, is $80,000 to $120,000, commensurate with experience and qualifications. In addition to competitive pay, EY offers a comprehensive benefits package that includes health insurance, retirement savings plans, paid time off, professional development opportunities, and more. How to Apply: To apply for the Derivatives Trader position at EY in Sioux Falls, South Dakota, please visit our careers website and submit your resume and cover letter outlining your qualifications and interest in the role. We look forward to reviewing your application and potentially welcoming you to our dynamic team at EY.