ABOUT THE POSITION:

ING is looking for a Non-Linear/Interest Rates Options trader to join the ING NY Financial Markets division as a Vice-President reporting to the Trading Desk Head. The mandate will be to trade non-linear products across Rates, Credit and F products to create solutions for ING’s clients including Corporates and Financial Institutions. Working closely with the Quantitative Development team, you will be actively involved in I.T/Front-office system developments to improve operational efficiency.

QUALIFICATIONS AND COMPETENCIES

• Bachelor’s degree in Math, Engineering, Physics, Economics, Business or closely-related quantitative field from an accredited U.S school (or equivalent)Minimum of 5 years of relevant markets e
• perience
• Coding knowledge: VBA & PythonMarket e
• pertise in Non-Linear Rates products, including Cap/Floor, Swaption products, Bermudan Callable, Callable Range Accrual, Callable CMS Spread Option, and other Non-Linear Rates products would be an added advantage
• In depth understanding of interest rate & credit derivatives from a structuring, pricing and documentation point of view
• Series 7, 63 registrations required
  Salary Range $230,000-$270,000
  In addition to comprehensive health benefits, a generous 401k savings plan, and competitive PTO, ING provides a broad array of benefits including adoption, surrogacy, and fertility services; student debt assistance; and subsidies for epenses associated with commuting and fitness.
  ING is a committed equal opportunity employer. We welcome applicants of diverse backgrounds and hire without regard to race, gender, religion, national origin, citizenship, disability, age, seual orientation, or any other characteristic protected by law. We celebrate these differences and rely upon your unique perspective to innovate and seize new opportunities. Come as you are.
  ING Bank does not have a commercial banking license in the U.S. and therefore not permitted to conduct a commercial banking business in the U.S. Through its wholly owned subsidiary ING Financial Services LLC, and its affiliates, it offers a full array of wholesale products such as commercial lending and a full range of FM products and services.
  Your place of work

Structuring, pricing and e

• ecution of structured deals & solutions required by corporate clients, financial institutions and private investors in collaboration with the structuring colleagues, the various trading desks, the quant team and the global sales teamsProvide competitive pricing, trading non-linear rates products within the product mandate, the fi
• ed limits and required risk profile of the deskGenerating ideas and opportunities for new and e
• isting clients through research, financial models and industry analysis
• Establish and maintain regular contact with the sales, relationship managers and other ING businesses with a view to identifying business opportunities and enhancing Structured Products business with them
• Attend to the risk monitoring of transactions, with a view to contributing towards desk profit targets and creating customer loyalty
• Contribute to the development of new products by working closely together with Front-Office Quants and Developers
• Be aware of key regulatory developments together with FM Regulatory / Legal teams and with Business Management, understand the possible impact to business as well as possible opportunities.