Equity Derivatives - Option Trader

Huatai International Financial Holdings Company Limited; Hong Kong; On-site; HKD 900,000 - 1,500,000; Full time

Job summary

Huatai International Financial Holdings Company Limited in Hong Kong seeks a senior quantitative professional to support OTC derivatives trading, pricing, and risk management. You will build pricing analytics, monitor exposures, and develop hedging strategies in collaboration with cross-functional teams.

The role requires a strong mathematical background, hands-on Python programming, and Mandarin and English communication.

Qualifications

• Master’s degree or above in Mathematics, Statistics, Physics, Computer Science, Financial Engineering, Finance, or another quantitative discipline.
• 3 years + relevant experience in derivatives trading, quantitative research, derivatives pricing, or related roles.
• Solid understanding of options fundamentals, including option pricing, Greeks, implied volatility, and hedging principles.
• Strong quantitative and analytical problem-solving skills, with a solid mathematical and statistical foundation.
• Proficiency in Python for quantitative analysis, data processing, and automation. Knowledge of C++ or other programming languages is a plus.
• Strong interest in derivatives trading, financial markets, and risk management.
• Detail-oriented, proactive, and capable of working effectively in a fast-paced trading environment.
• Strong communication skills and a collaborative mindset.
• Proficiency in English and Mandarin.

Responsibilities

• OTC Derivatives Trading: Support the pricing, execution, and lifecycle management of OTC equity derivatives transactions, including vanilla and exotic options.
• Risk Management & Hedging: Monitor portfolio risk exposures, including Greeks, volatility, correlation, and other relevant risk factors. Assist in developing and executing dynamic hedging strategies.
• Pricing & Quantitative Analysis: Analyze derivatives pricing models, implied volatility surfaces, and market data to support pricing, hedging, and trading decisions.
• Trading Strategy & Research: Conduct quantitative research on volatility dynamics, hedging performance, market behavior, and trading strategies.
• Trading Tools & Automation: Develop and enhance pricing analytics, risk monitoring tools, and automated trading workflows to improve trading efficiency and risk management.
• Market Analysis: Monitor equity markets, volatility movements, corporate actions, and macroeconomic developments to assess their impact on derivatives pricing and portfolio risk.
• Cross-functional Collaboration: Work closely with sales, structuring, quantitative research, risk management, operations, and technology teams to support OTC derivatives trading activities.

Skills

Python

C++

Education

Master's degree or above in quantitative field

Job description

About Us:
Huatai International Financial Holdings Company Limited (“Huatai International” or “the Company”), is the only overseas wholly-owned or controlled subsidiary of Huatai Securities. Huatai International is the Huatai Group’s international arm which plays as a crucial role in the group’s internationalization strategy by:
a) not only providing offshore capital market services (and a global business platform) but also provides onshore clients with valuable cross-border capital market services (aligned with the mainland China government’s policies and commercial intentions);
b) actively making use of Huatai Securities’ leading position, distribution network and customer base in mainland China;
c) integrating on a global basis across many jurisdictions and regions, a successful and fully integrated international financial platform with innovative financial services solutions.

Huatai International operates as a holding company for consolidating all of the group’s cross-border businesses and companies under one umbrella, offering a truly unified and international business platform. In recognition of such international strength, the renowned international rating agency Standard and Poor’s has assigned Huatai International a “BBB+” rating (for long term) and “A-2” (for short-term).

Job Description

• OTC Derivatives Trading: Support the pricing, execution, and lifecycle management of OTC equity derivatives transactions, including vanilla and exotic options.
• Risk Management & Hedging: Monitor portfolio risk exposures, including Greeks, volatility, correlation, and other relevant risk factors. Assist in developing and executing dynamic hedging strategies.
• Pricing & Quantitative Analysis: Analyze derivatives pricing models, implied volatility surfaces, and market data to support pricing, hedging, and trading decisions.
• Trading Strategy & Research: Conduct quantitative research on volatility dynamics, hedging performance, market behavior, and trading strategies.
• Trading Tools & Automation: Develop and enhance pricing analytics, risk monitoring tools, and automated trading workflows to improve trading efficiency and risk management.
• Market Analysis: Monitor equity markets, volatility movements, corporate actions, and macroeconomic developments to assess their impact on derivatives pricing and portfolio risk.
• Cross-functional Collaboration: Work closely with sales, structuring, quantitative research, risk management, operations, and technology teams to support OTC derivatives trading activities.

Requirements

• Master’s degree or above in Mathematics, Statistics, Physics, Computer Science, Financial Engineering, Finance, or another quantitative discipline.
• 3 years + relevant experience in derivatives trading, quantitative research, derivatives pricing, or related roles.
• Solid understanding of options fundamentals, including option pricing, Greeks, implied volatility, and hedging principles.
• Strong quantitative and analytical problem-solving skills, with a solid mathematical and statistical foundation.
• Proficiency in Python for quantitative analysis, data processing, and automation. Knowledge of C++ or other programming languages is a plus.
• Strong interest in derivatives trading, financial markets, and risk management.
• Detail-oriented, proactive, and capable of working effectively in a fast-paced trading environment.
• Strong communication skills and a collaborative mindset.
• Proficiency in English and Mandarin.

Preferred Qualifications

• Familiarity with OTC equity derivatives, including vanilla options, barrier options, autocallables, and other structured products.
• Understanding of volatility surface construction, stochastic volatility models, and numerical pricing methods.
• Knowledge of dynamic hedging, volatility risk, correlation risk, and portfolio risk management.
• Experience in quantitative research, derivatives pricing libraries, or trading analytics development.
• Familiarity with Monte Carlo simulation, numerical optimization, and statistical modeling.
• Experience with Bloomberg or other financial market data and analytics platforms.

What We Offer

• Direct exposure to OTC equity derivatives trading, pricing, and risk management.
• Opportunity to work alongside experienced traders and quantitative professionals.
• Hands-on involvement in derivatives modeling, hedging analysis, and trading technology development.
• A collaborative and intellectually challenging environment with opportunities for professional development.