Impactful Equity Volatility Risk Analyst

Millennium Management LLC; Hong Kong; On-site; HKD 600,000 - 900,000; Full time

Job summary

Millennium Management LLC in Hong Kong seeks an experienced Equity Volatility Risk Analyst to bolster the equity derivatives risk team. You will monitor risk metrics, support VAR and stress testing, and help develop tools with the tech group. Strong analytical and Python capability required.

The role offers exposure to global markets, cross-asset considerations, and opportunities to contribute to model development and risk reporting in a fast-paced trading environment.

Qualifications

• 4+ years of experience in equity derivatives, structuring, trading, or risk.
• Experience with options, variance swaps, VIX derivatives, delta one, or related products.
• Strong quantitative, analytical, and problem-solving abilities.

Responsibilities

• Support the application of the risk management framework across equity derivatives.
• Monitor P&L and help analyze performance drivers.
• Monitor VAR, stress, scenario, and other risk limits; escalate breaches.
• Contribute to regular portfolio risk reporting and capital usage.
• Collaborate with technology teams to improve risk tools and analytics.
• Help build and enhance models to monitor risk and explain P&L drivers across products.

Skills

Interpersonal skills

Analytical ability

Problem solving

Risk management

Tools

Python

Job description

Millennium Management LLC in Hong Kong seeks an experienced Equity Volatility Risk Analyst to bolster the equity derivatives risk team. You will monitor risk metrics, support VAR and stress testing, and help develop tools with the tech group. Strong analytical and Python capability required.

The role offers exposure to global markets, cross-asset considerations, and opportunities to contribute to model development and risk reporting in a fast-paced trading environment.