#1 - Derivatives Trader:
A derivative trader is an individual who trades in derivatives instruments like futures, forwards, and options and conducts business for their company. They create a market by supplying bids and offering quotes for all financial products. Additionally, they also gather information to project market trends and take buy/sell decisions accordingly. Likewise, traders keep all the stakeholders informed on the decisions as well.
They are mostly hired by well-known companies like JPMorgan Chase, Barclays, Morgan Stanley, and CitiBank. For the job role offered, the analyst receives an average base pay of around $100k to $200k (as of June, 6,2024) annually.
#2 - Derivatives Risk Analyst:
Derivative risk analysts are professionals providing recommendations on covering risk and developing strategies to mitigate risk while also widening returns. With the help of quantitative skills, they determine the losses and provide strategies to strengthen the portfolio as well.
These individuals earn an average salary of $159,620 (as of July 5, 2024) annually. Some major hiring companies for financial derivatives jobs are CitiBank, JPMorgan Chase Co., and Barclays.
#3 - Derivatives Operations Analyst:
As the name suggests, derivatives operations analysts’ responsibilities may include supporting a diverse and international client base, client valuations, tax reporting, regulatory reporting, etc. They also book trades in the front office and capture them in the internal system.
Such professionals either work individually or as a part of investment banks or equity firms. Some large investment banks like Barclays, CitiBank, Morgan Stanley, and Goldman Sachs are popular ones to hire such professionals. According to Glassdoor, individuals appointed to such professionals receive an average base pay of $94,000 annually.
Expertise
Traders