Associate, Equity Derivatives Quant - New York, NY

About the role

Join a purpose-driven winning team, committed to results, in an inclusive and high-performing culture.

Responsibilities

• Champions a customer-focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
• Develops valuation models for equity derivatives and structured notes products, ensuring the theoretical soundness, numerical accuracy, and implementation correctness of these models.
• Develops robust, reliable, and user-friendly front office analytics for pricing, hedging, risk management, and P&L attribution for both intraday and end-of-day scenarios.
• Provides daily and on-demand quantitative support to the business in relation to valuation, risks, PnL attribution, hedging, and other related areas.
• Provides subject matter expertise to model stakeholders such as the business, risk management, audit, product control, and technology groups during and post-model implementation.
• Forms a close partnership with the business to deliver models and analytics from end to end with limited supervision.
• Keeps up-to-date with advancements in models and related technologies, and proactively introduces these advancements into the bank.
• Understands how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Achieves operational efficiency and ensures adequate, compliant, and effective business controls to manage operational, regulatory, AML/ATF, and conduct risks, including responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook, and Guidelines for Business Conduct.
• Champions a high-performance environment and contributes to an inclusive work environment.

Requirements

PhD or Master’s Degree in Mathematics, Computer Science, Software Engineering, Physics, or other quantitative areas.

1-4+ years’ experience in equity derivatives and structured notes products and their valuation models.

Solid background in Partial Differential Equations (PDE), Monte Carlo methods, and stochastic calculus.

Strong programming skills in C++, C++11 or higher version; experience with other programming languages such as Python.

Very good communication and interpersonal skills, and a team player.

Ability to work well in a fast-paced environment with changing priorities.

Qualifications

PhD or Master’s Degree in Mathematics, Computer Science, Software Engineering, Physics, or other quantitative areas.

1-4+ years’ experience in equity derivatives and structured notes products and their valuation models.

Solid background in PDE, Monte Carlo, and stochastic calculus.

Strong programming skills in C++, C++11 or higher version; experience with other programming languages such as Python.

Very good communication and interpersonal skills, and a team player.

Ability to work well in a fast-paced environment with changing priorities.

Skills

Strong programming skills in C++, C++11 or higher version; experience with other programming languages such as Python.

Benefits

N/A

Pay

$155,000.00 - $185,000.00

Schedule

This position is currently an on-site role, with the expectation that you will work at least 4 days a week in the office. Please note that this is subject to change based on the needs of the business.