Responsibilities:
- Member of the Hybrid team covering funds/hybrid products/Variable Annuities (GmxB)/SGI & QIS/Structured Financing cross asset.
- Exotic trader with focus on insurance products (variable annuity, fixed annuity reinsurance), FIA and QIS Strategies, Hybrids & Funds derivatives.
- Work with sales and engineering teams to develop product offering suiting clients’ needs and enhanced hedge approaches.
- Monitor market risks, hedge positions soundly, protect, monitor and report on book value.
- Operate in a high operational risk and high job sensitivity environment.
Major Accountabilities/Principal Responsibilities:
- Execute customer trades according to trading and hedging strategies.
- Provide client-driven service with sales and engineers.
- Work with Back Offices to upgrade systems and design future developments.
- Highlight and report risk to management.
- Back up other traders within the team.
- Understand derivative theories and models.
- Knowledge of Asian financial markets and worldwide.
- Efficient team work and knowledge sharing.
- Manage derivatives books and associated risks.
- Work under pressure in a fast-paced environment.
Profile required:
Key Skill Areas, knowledge and qualification Required:
Technical skills:
- Understanding of SGI indexes and vol target mechanism. Provide hedging strategies for gap risk.
- Knowledge of the QIS framework, leveraged gap risk and optionality.
- Reinsurance business (GMxB) knowledge and actuarial risks (lapse and mortality).
Business development attitude:
- Understand market dynamics and offer suitable products.
- Manage the book soundly, aware of market and counterparty risk framework.
- Respect internal procedure and external regulation.
- Operate trading operations in compliance manner.
- Aware of culture and conducts principles.
Communication:
- Report transparently to management.
Qualification:
- Trading license to comply with Regulations.
Language Skills
- English: Business level.
- French: Not required.
- Japanese: Not required.
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