Senior Derivatives Valuation & Modeling Lead

HOOPP (Healthcare of Ontario Pension Plan); Toronto; On-site; CAD 103,000 - 153,000; Full time

Benefits offered by this job

High-performance culture

DEI focus

Learning opportunities

Pension plan

Health & dental benefits

Post-retirement benefits

Wellness programs

Impactful work

Job summary

HOOPP, the Healthcare of Ontario Pension Plan, seeks a quantitative finance professional to research and propose models for derivatives across asset classes. Develop and prototype pricing models and lead automation within the Numerix environment.

The role also explores model-based sensitivities and Greeks, building robust analytics for performance attribution and decision-making, with collaboration across Investment, Risk, Technology, and Finance teams.

Qualifications

• Advanced degree (Master’s or Ph.D.) in Quantitative Finance, Statistics, Mathematics, Physics, Engineering, Computer Science, or related fields.
• 3–5 years of relevant experience in quantitative finance, derivative modeling, model validation, valuation methodologies.
• CFA and FRM designations are preferred.
• Strong knowledge of valuation models and derivative pricing methods.
• Experience with pricing models and SQL; proficiency in Python, C, or C++; Power BI advantageous.

Responsibilities

• Provide model recommendations for newly invested derivatives products with analytical reports.
• Lead full cycle of quantitative model development for derivatives pricing from prototype to production.
• Offer subject matter expertise to support senior management on valuation matters.
• Review market data quality, focusing on volatility surfaces, dividend curves, and interest rate curves.
• Collaborate with Model Validation to maintain model inventory documentation and calibrations.
• Contribute to valuation-related projects and research to support strategic priorities.
• Identify opportunities to reduce valuation risk and improve processes with new tools and methods.
• Provide technical support for model development and testing; troubleshoot issues.

Skills

Python

SQL

C++

Power BI

Analytical skills

Team collaboration

Attention to detail

Curiosity

Education

Master’s or Ph.D. in related field

Tools

SQL

Python

C++

Job description

HOOPP, the Healthcare of Ontario Pension Plan, seeks a quantitative finance professional to research and propose models for derivatives across asset classes. Develop and prototype pricing models and lead automation within the Numerix environment.

The role also explores model-based sensitivities and Greeks, building robust analytics for performance attribution and decision-making, with collaboration across Investment, Risk, Technology, and Finance teams.