Quant Analyst & Derivatives Trader

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:
  
  
  
  • Python
  
  
  • SQL
  
  
  • Excel/VBA
  
  
  
  


• 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