Equity Derivatives Risk Quant, Associate

Jefferies
New York
Workplace: OnsiteFull timeUSD 100,000 - 140,000 annuallyFunction: Capital Markets, Trading & Quant0Education: mastersSkills: ["Analytical skills","Problem-solving","Attention to detail","Communication","Proactive","Ability to learn"]

Develop and enhance risk analytics methodologies and tools for the firm’s equity derivatives business. Support volatility surface calibration, vanilla option pricing, VaR calculations, scenario analysis, and stress testing, while analyzing model outputs, exposures, and market data to drive accurate risk measures. Collaborate daily with Market Risk, Credit Risk, SIMM, Quantitative Risk Development, and technology teams, and help investigate production issues and improve analytics infrastructure through documentation and governance.

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FursaFursa
Jefferies
Jefferies
1 month ago

Equity Derivatives Risk Quant, Associate

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Last checked: 7 hours agoStatus: Live

Job Summary

Develop and enhance risk analytics methodologies and tools for the firm’s equity derivatives business. Support volatility surface calibration, vanilla option pricing, VaR calculations, scenario analysis, and stress testing, while analyzing model outputs, exposures, and market data to drive accurate risk measures. Collaborate daily with Market Risk, Credit Risk, SIMM, Quantitative Risk Development, and technology teams, and help investigate production issues and improve analytics infrastructure through documentation and governance.
Location: New York
Workplace: Onsite
Employment Type: Full time
Job Function: Capital Markets, Trading & Quant
Seniority: Entry level

Key Responsibilities

  • •Support design, implementation, and enhancement of equity derivatives risk analytics including volatility calibration, option pricing, VaR, scenario analysis, stress testing, and sensitivity/exposure analysis.
  • •Develop and maintain tools for pricing, volatility calibration, and risk reporting across equity derivatives products.
  • •Work daily with Market Risk, Credit Risk, SIMM, Quantitative Risk Development, and Technology teams to ensure risk measures are accurate and robust.
  • •Analyze model outputs, risk exposures, and market data to identify issues, explain movements, and support risk management decisions.
  • •Investigate and resolve production issues related to risk calculations, data quality, model behavior, and analytics infrastructure; prepare documentation for model development and governance.

Pay and Benefits

Salary: USD 100,000 - 140,000 annually
Perks:Health InsuranceDentalVision401kLife InsuranceAccident InsuranceDisability InsuranceWellness StipendPaid LeavePaid Parental

Key Requirements

  • •Master’s or PhD in Quantitative Finance, Mathematics, Statistics, Physics, Engineering, Computer Science, or a related quantitative field.
  • •0–3 years of relevant experience in quantitative finance, risk analytics, derivatives modeling, or a related area.
  • •Academic, internship, or professional experience with equity derivatives and/or risk analytics.
  • •Familiarity with equity option pricing, volatility surface calibration, VaR, stress testing/scenario analysis, Greeks/sensitivity analysis, and market data/time series analysis.
  • •Strong programming skills, preferably Python, with clean, efficient, well-documented code.
Experience:0Equity derivativesRisk analyticsDerivatives modelingQuantitative finance
Education:Master's in Quantitative Finance, Mathematics, Statistics, Physics, Engineering, Computer Science (or related quantitative field)
Skills:Analytical skillsProblem-solvingAttention to detailCommunicationProactiveAbility to learn
Languages:US
Tech Stack:PythonEQF platform

Company Brief

Jefferies
Global investment banking and capital markets firm providing advisory, underwriting, trading, research, and asset management services to corporations, governments, and institutional investors.
Industry: Banking
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: New York, United States
Founded: 1962
WebsiteLinkedIn