Derivatives Analyst

Next Engineering; Almada; On-site; EUR 25,000 - 38,000; Full time

Job summary

Next Engineering is seeking a Junior Derivatives Analyst to support pricing and control of exotic derivative products. You will work with Front Office, Risk, and Back Office teams to ensure data integrity, monitor trade processes, and minimize operational and financial risks.

The role requires strong math and finance background with expertise in derivatives and Excel. You will collaborate across teams to maintain smooth production flows and uphold internal risk frameworks while contributing to

Qualifications

• Must have strong math and finance background focused on derivatives.
• Knowledge of financial markets, OTC derivatives and swap lifecycle.
• Excel is mandatory.

Responsibilities

• Pricing payoff formulas of exotic derivatives.
• Minimize operational risks through proper controls (reporting to relevant teams when needed).
• Escalate to management the problems identified from Front Office or permanent control.
• Maintain as low as possible risk level (financial, reputational, regulatory, legal).
• Make sure production flows seamlessly.

Skills

Good Math skills

Finance background on derivatives

Knowledge of financial markets

OTC Derivatives

Swap lifecycle

Excel

Job description

We are looking for a Junior Derivatives Analyst, that will be responsible for supporting the pricing and control of exotic derivative products, ensuring smooth operational flows and strong adherence to internal risk and control frameworks. Working closely with Front Office, Risk, and Back Office teams, you will help maintain data integrity, monitor trade processes, and contribute to minimizing operational, financial, and reputational risks.

Main Tasks and Responsibilities

Pricing payoff formulas of Exotic derivatives

Minimize operational risks and fraud risks by putting in place the regular and sufficient controls inherent to its position (reporting to relevant teams when needed)

Escalate to his management, the management of the Front Office and / or permanent control the problems identified

Maintain as low as possible risk level (financial, reputational, regulatory, legal)

Make sure production flows seamlessly

Technical Skills

Good Math skills and Finance background on derivatives

Should have knowledge of financial markets, OTC Derivatives and Swap lifecycle

Analytical Ability

Excel is mandatory

Soft Skills

Client focused

Creativity & Innovation/Problem solving

Good teamwork skills

Seniority Level

Employment Type

Contract

Job Function

Consulting

IT Services and IT Consulting (Industry)