Derivatives Trader at Piraeus Bank

Athens, Attica, Greece -

Full Time

Start Date

Immediate

Expiry Date

19 Apr, 26

Salary

0.0

Posted On

19 Jan, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Derivatives Trading, Quantitative Skills, Risk Management, Pricing, Analytical Skills, Programming, Communication Skills, Interpersonal Skills, Attention to Detail, Market Analysis, Regulatory Compliance, Sales Collaboration, Financial Products, CVA/XVA Trading, Trading Platforms, Model Usage

Industry

Banking

Description

About us In Piraeus our purpose is to be a pillar of stability for the Greek economy, to fuel growth and to promote innovation. We aim our footprint in society to be positive and lasting, for the benefit of our customers, our people, our shareholders and society at large, fully reflecting our values. In this way we express in practice our will to: create value in all we do, challenge the frontiers, enthuse our customers and build relationships of trust. Piraeus offers a full range of financial products and services to 4.5mn customers, representing the leading Bank in Greece in terms of customer loans and deposits. In 2025, Piraeus was recognized at the Euromoney Awards for Excellence as Europe’s Best Bank for Corporate Social Responsibility, Greece’s Best Bank for ESG, and Greece’s Best Digital Bank, reflecting our ongoing commitment to responsible banking, sustainability, and digital transformation. About the job: Derivatives Trader We are seeking for an experienced Derivatives Trader to join our Global Markets team. The role involves trading for own account, pricing products to cover Sales needs across FX, Interest Rate, and Commodity derivatives. If you have a passion for markets, advanced quantitative skills, and the ability to manage complex risk dynamics, we’d love to hear from you. Develop and execute trading strategies to optimize risk-adjusted returns. Manage derivative products and support structuring, pricing, and lifecycle processes. Monitor & manage XVA components and ensure pricing consistency and governance. Collaborate with Sales desks on bespoke solutions & maintain compliance with market standards. Collaboration with Finance, Risk & Middle Office for credit, capital, market and liquidity issues. Contribute to pricing consistency and governance, including model usage, valuation adjustments, transfer pricing methodologies and adherence to internal policies. Monitor market and regulatory developments affecting derivatives, valuation, capital and accounting frameworks, and support the assessment of their impact on products and pricing. Qualifications Bachelor’s degree in Mathematics, Quantitative Finance, Engineering, or related field Master’s degree in Mathematics, Quantitative Finance, Engineering, or related field will be considered an asset Relevant professional certifications (e.g. CFA/FRM) will be considered an asset Up to 5 years of experience in derivatives trading, CVA/XVA trading or related roles Strong quantitative and analytical skills, programming (Python, C++, VBA) a plus Familiarity with trading platforms (e.g. Bloomberg Terminal) is highly desirable Ability to perform under pressure and adapt to rapidly changing market conditions Strong attention to detail and resilience in volatile markets Outstanding verbal and written communication skills in English Excellent interpersonal, communication and presentation abilities What's In It For You In our bank it is a top priority to provide a modern work environment, where all our employees can perform and grow. As an employee of Piraeus Bank, you will be part of an organization that: · Holds a leading position in the Greek economy and maintains a robust presence in the community · Instills a workplace culture that embraces open communication, respect, inclusion and equal opportunities · Offers a competitive remuneration package, private health insurance program and other benefits for both employees and their families · Provides a challenging working environment that values accountability and celebrates high performance by implementing appropriate incentives · Empowers personal & career development and continuous learning while encouraging creative thinking and innovation · Provides an all-bank wellbeing program, fostering initiatives that enhance physical, mental & emotional health · Provides digital technologies and tools that fully support new ways of working and flexible working options, while communicate regularly and effectively All applications will be treated with confidentiality. Application Deadline: 26/01/2026

Responsibilities

The Derivatives Trader will develop and execute trading strategies to optimize risk-adjusted returns while managing derivative products. They will also collaborate with various teams to ensure compliance and monitor market developments.