As a Derivative Portfolio Associate you will have accountability on our Derivative Strategy & Trading team for managing one or more aspects of functions to support derivative portfolio managers in hedging capital market risk exposures of Variable Annuity liabilities and/or other risk exposures.

Principle Responsibilities:

• Monitor derivative portfolios which include listed and OTC interest-rate and equity derivatives (e.g., futures, total-return swaps, interest-rate swaps, options and swaptions, and variance swaps) 

• Research innovative trade ideas/hedging strategies and/or explain portfolio P&L performance and insights through clear risk reporting  

• Build quantitative/analytical tools to support portfolio management and/or hedge strategy development and/or risk reporting by leveraging financial engineering, capital markets, and product knowledge  

• Participate in various quantitative projects as needed to help support overall Hedging/Risk teams goals & objectives 

• Constant monitoring of market trends, news and economic indicators impacting the portfolio

• Conduct research/analysis on market trends, financial instruments or new strategies evolving in the market

Knowledge, Skills and Abilities:

• Bachelor’s degree in Financial Mathematics (or related field); strong preference toward advanced degree (Master’s or PhD in a Quantitative field)  

• Advanced knowledge of Financial Mathematics with solid understanding of Derivative Pricing Theory, and their applications  

• Minimum of 1 - 3 years of progressive professional experience in the financial services industry 

• Experience in developing derivative trading strategies and/or developing risk reports which explain key drivers of P&L 

• Knowledge of equity & rate derivative instruments from both theoretical and practical perspective 

• Strong computer programming skills in Python based environment linked to excel/VBA models 

• Superior quantitative/analytic reasoning and problem-solving abilities  

• Ability to work under pressure and in a fast-paced work environment 

• Adaptability to market changes and evolving trading strategies

• Comfortable with ambiguity and manage shifting priorities

​#LI-DP1