Job Title

Milliman is seeking a Derivatives Trader to join its global Capital Markets Group as a key member of the trading team in Sydney. The candidate will be versatile, entrepreneurial in their approach and ready to take on a pivotal role in the continued growth of Millimans Australian practice.As a Derivatives Trader, youll be involved in the trade execution and analytical work on a wide range of derivatives across equities, rates, inflation and FX to service our client base both in Australia and abroad. Mandates we execute on include complex asset liability matching duration hedge programs and dynamic hedging strategies on insurer companys balance sheets, as well as executing derivative overlays for funds.Typical roles and responsibilities:Monitor risk exposures (Greeks) and execute derivative trades across equities, rates, inflation and FX on our clients portfoliosInstruments traded will include a full gamut of futures, forwards, swaps, total return swaps, vanilla and exotic optionsIdentify, analyse, recommend, and implement changes to the investment process, hedge strategy and trade execution strategy to improve outcomes for our clientsAnalyse and design sophisticated hedging strategies for investment guaranteed products, derivative overlay strategies for fundsDevelop and maintain models for the valuation and risk management of derivativesResearch and contribute to market insights and commentary to our existing and prospective client baseAnalyse daily risk reports and performance attributions for hedge programs and overlaysCommunicate risk exposures, performance, trading activity and strategy to clients, fellow traders, and ActuariesCollaborate to or lead consulting and research projects in the broader Milliman practiceDevelop and manage relationships with banks, clients and prospective clientsWork closely with the global trading team in London and ChicagoRequirements for Ideal Candidates:2-5 years of experience in financial services with a preferred background in market risk, quant, actuarial and/or asset managementExperience with financial markets and strong knowledge of derivative productsStrong quantitative and analytical capabilitiesAbility to multi-task with strong problem solving and decision-making skillsCapable of managing, prioritizing, and executing multiple competing priorities in dynamic situationsExcellent verbal and written communication skillsRelevant coursework: finance, actuarial sciences, mathematics, economics, computer science, or engineeringExcel VBA and Python programming skills are highly regarded, and other desired computer skills include Microsoft Office, Python, SQLBloomberg and other trading software experience would be advantageousBenefits:Competitive salary and bonusFlexible hybrid work arrangements (3 days in the office, 2 days where you like)Dress for your daySupport for learning and development including paid study and leaveOpportunities to travel and attend conferencesWellbeing initiatives including Employee Assistance ProgramSydney CBD office #J-18808-Ljbffr