Derivatives Analyst & Trader (Hybrid)
Overview
Our client, a well-established institutional investor and insurance-related asset management organization, is seeking a Derivatives Analyst & Trader to join its front-office investment team. This role offers a unique blend of derivatives trading, quantitative analysis, risk management, and technology development.
The ideal candidate will be a hands-on professional with experience trading derivatives, building analytic tools, and automating processes within a fast-paced investment environment.
Key Responsibilities
Derivatives Trading & Execution
- Execute derivatives transactions across multiple asset classes, including:
- Equities
- Interest Rates
- Credit
- Commodities
- Foreign Exchange
- Trade both exchange-listed and OTC derivative instruments.
- Manage all aspects of the trade lifecycle, including:
- Trade execution
- Confirmation review
- Trade booking
- Reconciliation
- Settlement support
- Collateral management
Quantitative Analysis & Risk Management
- Analyze derivative portfolios and underlying liabilities to support hedging and investment objectives.
- Perform:
- P&L analysis and attribution
- Scenario analysis
- Risk reporting
- Hedge effectiveness reviews
- Transaction cost analysis
- Partner with investment, risk, and operations teams to support portfolio management initiatives.
Technology & Process Development
- Develop and maintain trading tools, analytics platforms, and automated reporting solutions.
- Create scalable infrastructure supporting trading and risk management activities.
- Write and maintain:
- Python applications
- SQL queries
- VBA automation tools
- Support data integration, reporting, and workflow automation initiatives.
Reporting & Business Intelligence
- Build and enhance reporting capabilities using Power BI and related technologies.
- Develop processes supporting:
- Portfolio reporting
- Risk analytics
- Market data management
- Trade data retrieval
- Performance measurement
Qualifications
Required
- Bachelor's degree in Computer Science, Mathematics, Engineering, Finance, or a related quantitative discipline.
- 5+ years of experience in one or more of the following:
- Derivatives trading and hedging
- Quantitative analytics
- Front-office technology development
- Risk management systems development
- Strong understanding of:
- Options
- Futures
- Swaps
- Derivatives valuation methodologies
- Hedging strategies
- Risk-neutral pricing concepts
- Advanced programming skills in:
- Experience developing production-facing tools and automated processes.
- Ability to thrive in a fast-paced, deadline-driven environment.
Preferred
- Experience supporting insurance-related hedging programs.
- Knowledge of:
- Equity index options
- Structured insurance products
- Collateral and margin management
- Quantitative risk systems
- Numerix or similar derivatives analytics platforms
- Experience with Power BI and data visualization solutions.
Compensation
- Base Salary: $132,000 - $179,000, plus 50% bonus
- Annual Bonus Eligibility
- Comprehensive Benefits Package
- 401(k) with Company Match
- Flexible PTO Program
- Hybrid Work Environment (2 days in office)
Ideal Backgrounds
- Derivatives Trader
- Quantitative Analyst
- Quant Developer
- Hedge Analyst
- Risk Analyst
- Insurance Hedging Specialist
- Portfolio Analytics Professional