Derivatives Manager in London - AXA Group

Job Overview

Location
London, England
Job Type
Full Time
Salary
TBC
Date Posted
4 days ago

Additional Details

Job ID
42992087
Job Views
1

Job Description

Primary Location : UNITED KINGDOM-GREATER LONDON-LONDONOrganization :  AXAIM Global COOContract Type : RegularShift : Day JobSchedule : Full-time Description The primary responsibility is to execute OTC derivative trades (Interest Rates, Inflation, Equity, FX, and Credit) as well as Repo / Financing trades for both internal and external UK clients, as well as advisory services with regards to OTC derivatives and financing.The role involves collaborating with the wider AXA Derivatives & Financing Team.  The role reports directly to the Head of AXA Derivatives & Financing (based in Paris) who will be responsible for setting objectives and appraisal of performance against such objectives, with input from the Senior UK Derivatives Manager – who has local and day-to-day oversight.Key Accountabilities 1.General responsibilitiesContributing to the UK OTC Derivatives management activity within the local execution team and ensure UK representation within the Global Trading Securities Financing and Derivatives (TSFD) Derivatives Management business.Maintaining effective relationships with internal and external clients (with a focus on the local AXA UK entities as well as AXA IM PM teams such as UK Buy & Maintain) and attending PM internal meetings where required.Price and execute derivatives and repo tradesUpdate, maintain and develop pricing and desk tools with the help of the quantitative teamConstruct and articulate views on potential discretionary positionsPossess thorough understanding to the operational processes and controls involved with executing and managing cross asset portfolios encompassing exposure to derivative instruments2.Infrastructure  and GovernanceContribute to team governance:Attend and contribute to Counterparty reviews if required.Coordinate with TSFD business quality to ensure best execution and adherence to other first level controls.Monthly and quarterly governance meetings with clients and PMs.Represent TSFD team at Best Execution Committee meetings if requiredSupport and contribute to the development of desk-based tools and applications3.Business DevelopmentIf needed provide support to Distribution to help develop capability and strengthen proposition of Derivatives ManagementContribute to and attend client/consultant meetings as requiredSupply appropriate commentary for internal and external client performance reportingContribute to UK business strategy plans in collaboration with broader Solutions Teams (structuring, product development) to mitigate risk and/or enhance returns.4.Execution/AdvisoryStructuring, pricing, and executing derivatives and repos on all types of underlying (including Interest Rate, Inflation, Equity, FX, Credit)Proactively act by recommending trading / restructuring existing derivatives strategies liaising with the client or make restructuring proposals to the client. Participate in the regular Derivatives Management team meetings if requiredContribute to and participate in the monthly Derivatives Market Watch with a special focus on UK market if requiredProactively contribute to the enhancement of the Derivatives operational tools and processesComply with AXA IM Risks and Controls (R&C) standards and adhere to TSF Business Quality first level controls.  Qualifications Education/QualificationsQuantitative and financial background preferred with IMC or CFA or aptitude to successfully complete additional professional qualification if requiredExperienceDemonstrable experience in asset management, investment banking, or insurance with a focus on derivativesKnowledge and SkillsKnowledge of the UK pension and insurance market preferable (regulation, eligibility, accounting)Good written and oral communication skills, with a focus on client presentations and technical information analysis.Proactive in displaying leadership skills to effectively demonstrate process and capability of team.Strong numeracy and accuracy skillsStrong knowledge of Excel and Bloomberg (ability to develop macro)Strong Team culture and ability to work with other teams within AXA IMStrong understanding of Risk and Compliance frameworkFrench language skills are a plusCompetenciesSolutions approach i.e., effective capacity to integrate different skills sets (finance, legal, regulatory, and accounting, quant etc) to address the needs of clients. About AXA Would you like to wake up every day driven and inspired by our noble mission and to work together as one global team to empower people to live a better life? Here at AXA we strive to lead the transformation of our industry. We are looking for talented individuals who come from varied backgrounds, think differently and want to be part of this exciting transformation by challenging the status quo so we can push AXA - a leading global brand and one of the most innovative companies in our industry - onto even greater things. In a fast-evolving world and with a presence in 64 countries, our 166,000 employees and exclusive distributors anticipate change to offer services and solutions tailored to the current and future needs of our 103 million customers.  AXA Investment Managers (AXA IM) is a responsible asset manager, actively investing for the long-term to help its clients, its people and the world to prosper. Our high conviction approach enables us to uncover what we believe to be the best global investment opportunities across alternative and traditional asset classes, managing 887 billion in assets as of December 2021.AXA IM is a leading investor in green, social and sustainable markets, managing 563 billion of ESG-integrated, sustainable and impact assets at the end of 2021.We are committed to reaching net zero greenhouse gas emissions by 2050 across all our assets, and integrating ESG principles into our business, from stock selection to our corporate actions and culture. Our goal is to provide clients with a true value responsible investment solution, while driving meaningful change for society and the environment.At end of 2021, AXA IM employs over 2,488 employees around the world, operates out of 28 offices across 18 countries and is part of the AXA Group, a worldwide leader in insurance and asset management. What We Offer We are proud to foster a high-performance culture, which means that we seek to recruit and retain people who are not only technically-skilled but also globally-minded, innovative and able to leverage their unique perspectives and life experiences to support our success as a company. Employing the best professionals from the widest possible talent pool is at the heart of our strategy of delivering excellent quality of service to our diverse clientele.

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