Analyst/Associate – Equity Derivatives Quant/Trader

About the Role

Join the Equity Derivatives team to support the development and application of both systematic and discretionary trading strategies targeting listed and OTC options markets. This team collaborates closely with traders, technical staff, and risk management to build sophisticated pricing models, analytic tools, and to oversee risk across various global markets.

Position Overview

We are looking for a quantitatively skilled and analytically strong Analyst to become part of our Quant/Trading team specializing in Equity Derivatives. Ideal candidates possess significant quantitative expertise, experience in systematic research, and enthusiasm for financial markets. Responsibilities include enhancing pricing models, conducting options pricing analytics, performing backtests, and developing proprietary trading and risk management systems.

Primary Responsibilities

• Create and improve pricing models for equity and index options, focusing on Greeks metrics and volatility surface behaviors.
• Perform quantitative analysis to discover and validate systematic trading opportunities in derivatives markets.
• Develop and maintain research, automation, and risk management tools using Python and SQL.
• Design and execute thorough backtesting protocols to confirm trading signals and strategies' effectiveness.
• Support traders by analyzing market trends, trade structures, and associated risk profiles.
• Apply statistical and machine learning techniques to boost efficiency and support decision-making processes.
• Maintain proprietary analytics for portfolio oversight and risk monitoring.
• Work collaboratively with technology teams to ensure the integration of models and tools into production environments.
• Operate independently in a fast-paced, responsibility-rich trading setting.

Qualifications

• Bachelor’s degree in Mathematics, Statistics, Computer Science, Engineering, or related quantitative field.
• Between 2 to 6 years of professional experience in quantitative research, development, or trading roles.
• Advanced programming capabilities in Python and SQL capable of developing efficient, clean, production-level code.
• Strong grounding in probability theory, statistics, and stochastic processes.
• Deep knowledge of option pricing theories, Greek sensitivities, volatility modeling, and market microstructure dynamics.
• Experience with systematic strategy creation, quantitative research, and backtesting methodologies.
• Competence in applying AI and machine learning techniques to automate workflows or enhance analytical processes.
• Excellent problem-solving aptitude with capacity for autonomous and proactive work.
• Ability to excel in a dynamic trading environment requiring attention to detail and high ownership.
• Strong communication skills facilitating effective collaboration across teams.

Preferred Expertise

• Familiarity with derivatives risk management systems or real-time trading technology.
• Exposure to compiled languages such as C++ or Java.
• Experience with equity markets, volatility instruments, or multi-asset derivative products.

Additional Information

This role is based in New York, NY, and is a full-time, onsite position. The annual salary range offered is $100,000 to $150,000, dependent on experience and qualifications. Candidates must have graduated in 2024 or earlier to be eligible for application.

Equal Opportunity Commitment: The employer emphasizes equal employment opportunity. Applications are welcomed without regard to race, religion, gender identity, sexual orientation, disability, veteran status, or any other legally protected status. Reasonable accommodations are available for applicants with disabilities upon request.

Benefits: Comprehensive benefits include medical, dental, vision insurance; 401(k) retirement plan; life and disability insurance; wellness programs; paid vacation, sick leave, holidays; and parental leave policies for full-time staff and part-time employees working 30 hours or more weekly.