#1 - Derivatives Trader:
If you are planning to become a derivatives trader, you will be responsible for buying and selling futures, options, and other derivatives for your company. You will have to create a market by supplying bids and offering quotes for all the financial products that are highly instrumental in the firm’s profit-making structure. It is a common job title in big firms, and derivatives traders typically, on average, earn up to $93,517 every year.
#2 - Derivative Operations Analyst:
This role is not for the faint-hearted. As an operations analyst working particularly with derivatives, you will be responsible for booking trades, capturing them in the internal systems, trade validation and confirmation, deriving profit and loss, and reconciling trades for accounting purposes. The complexity of a derivatives analyst role is reflected in the average annual salary of around 56000 US dollars offered by popular credit rating agencies and investment banks.
#3 - Derivatives Risk Analyst:
Lastly, there is the job title of derivatives risk analyst. Any finance aspirant or enthusiast thinking of taking on this designation will be helping firms in portfolio evaluation, foreign investments, risk assessment and control management of currency trades, portfolio techniques and research analysis. The average annual compensation for such a job profile is approximately $73,261, offered by top derivative trading companies such as PwC, Deloitte, Goldman Sachs, JP Morgan, and so on.
All three derivatives jobs are top-notch in the finance industry, and taking up this course surely magnifies your chances of getting appointed to these designations. However, there can be firms that have their policies and may only allow you to start from an entry-level job.