OTC Option Trader - Analyst/Associate

China Renaissance 华兴资本; Hong Kong; On-site; HKD 600,000 - 1,200,000; Full time

Job summary

China Renaissance 华兴资本 in Hong Kong is seeking a quantitative OTC options trader to execute vanilla options and autocallables, support the trading desk, and coordinate lifecycle events with operations.

You will monitor real-time volatility, greeks, and risk, assist with volatility arbitrage, and develop pricing tools in Python/C++/VBA for P&L and risk reporting. Fluent English and Mandarin is required.

Qualifications

• Master's degree or above in a quantitative field such as Financial Engineering, Mathematics, Physics or Computer Science.
• 1–6 years of experience in OTC options trading with knowledge of A-share and cross-border markets.
• Proficient in quantitative programming for data analysis and automation using Python/C++/VBA.
• Fluency in English and Mandarin; ability to read trade documents and term sheets.

Responsibilities

• Execute and manage OTC equity derivative trades including vanilla options and autocallables.
• Support the derivatives trading desk with onboarding, limits, collateral, and P&L explanations.
• Monitor real-time volatility surfaces, greeks, and risk exposures; assist with relative value analysis.
• Build pricing/analytical tools in Python, VBA or similar to support risk reporting.
• Coordinate with sales, structuring, risk and operations for front-to-back execution; assist with due diligence.

Skills

OTC options trading

Python

C++

VBA

English

Mandarin

Education

Master's degree in Financial Engineering / related quantitative discipline

Tools

Python

C++

VBA

Job description

• Execute and manage OTC equity derivative trades, including vanilla options, autocallable structures; handle trade booking, confirmation, and coordinate with operations for lifecycle events (exercises, expiries, corporate actions).
• Support the derivatives trading desk: assist with new product onboarding, client limit monitoring, collateral/margin management, and daily P&L explanation.
• Monitor real-time volatility surfaces, greeks, and risk exposures across the trading book; assist senior traders with volatility arbitrage and relative value analysis.
• Build and maintain pricing and analytical tools (in Python, VBA or similar) to support trade execution, P&L attribution, scenario analysis, and risk/valuation reporting.
• Conduct market research and data analysis on A-share flows and cross-border institutional client requirements; identify client demand for hedging, yield enhancement, and structured investment solutions.
• Liaise with sales, structuring, risk and operations teams to ensure smooth front-to-back execution; support compliance and due diligence processes for new counterparties and products.

Job Requirements (Education and Experience):

• Master's degree or above in Financial Engineering, Mathematics, Physics, Computer Science, or related quantitative discipline.
• 1-6 years of experience in OTC options trading. Solid understanding of A-share and cross-border equity markets, volatility surfaces, and greek risk management.
• Quantitative programming skills (Python, C++ or VBA) for data analysis, model building and automation.
• Fluency in English and Mandarin; able to read and validate term sheets and trading documentation.
• Detail-oriented, team player, able to work under pressure in a fast-paced trading environment. Familiar with China business and mandarin will be a plus.