A multi-strategy hedge fund is hiring a Risk & Pricing Analyst to join their lean team covering Equity Derivatives Trading across all Equity Volatility strategies.
The fund is growing the Equity Vol team with this newly created position, centrally located and supporting all Equity Derivatives trading across the wider business. This team sits in an interesting position at the intersection of Trading/PMs, Risk Management, Quant Research, and Engineering; responsibilities in this role are cross functional, and the ideal candidate will have a mix of relevant experience.
Ideally the team is looking for someone with a strong quantitative background who has experience building and/or enhancing risk and pricing analytics, and most importantly visualizing Greeks-based PnL and performance attribution and providing accurate position marking and advice to the traders.
This team works very closely with individual PMs and Traders, as well as broader senior management in the Equity Vol business. Candidates who can combine technical/quantitative skills with a deep understanding of equity derivative markets and strategies will make the best fit.
Given the unique positioning of this group, the hiring team are open to speaking with candidates from a variety of backgrounds: Trading and Quantitative Trade Support, Desk Quants or Strats, Quantitative Risk Model Development or Validation, Derivative Pricing Model Development or Validation, or Quant Analysts focused on equity derivative pricing engines and systems.
Requirements:
• 5+ years of experience at a hedge fund, investment bank, or prop trading firm
• Deep knowledge in equity derivatives markets, ideally with exposure to both vanilla and exotics trading
• Experience in a combination of: equity derivative pricing, volatility surface enhancement and calibration, PnL analysis and Greeks-based PnL attribution, performance attribution analysis and reporting
• Coding proficiency in Python/SQL to work on risk and pricing models, and to build custom tools/dashboards
• Excellent verbal communication skills and ability to work in a fast-paced front office environment
