Equity Derivatives Market Risk Quant – Hybrid NYC

Yablon & Associates LLC; New York (NY); Hybrid; USD 161,000 - 187,000; Full time

Job summary

Yablon & Associates LLC in Midtown, NYC, offers a hybrid 3-days-onsite quantitative analyst role focused on market risk modeling for equity derivatives. The position is 6+ months rolling with a W2 daily rate between $875 and $1015, and a higher C2C range between $975 and $1140 per day.

The ideal candidate has 5–8 years in finance, strong SQL and Python skills, and a solid grasp of risk models, backtesting, and regulatory considerations. Collaboration with front office and risk teams is essential.

Qualifications

• 5–8 years of experience in a quantitative role at a financial institution.
• Strong background in market risk models and methodologies (time series, VaR, backtesting).
• Good understanding of equity pricing models and products.
• Proficient in SQL and Python; able to wrangle large datasets and run statistical tests.
• Excellent written and verbal communication; capable of concise model documentation.

Responsibilities

• Act as SME and liaise with front office, technology, and market risk managers to implement and maintain market risk models.
• Assess model outputs via time series review, backtesting, VaR breaches explanation, and P&L attribution testing.
• Document model implementation details and findings for validation per the Firm’s Model Risk Management policies.

Skills

Market risk modeling

Equity derivatives

Quantitative analysis

SQL

Python

Data wrangling

Tools

Numerix

Bloomberg

Job description

Yablon & Associates LLC in Midtown, NYC, offers a hybrid 3-days-onsite quantitative analyst role focused on market risk modeling for equity derivatives. The position is 6+ months rolling with a W2 daily rate between $875 and $1015, and a higher C2C range between $975 and $1140 per day.

The ideal candidate has 5–8 years in finance, strong SQL and Python skills, and a solid grasp of risk models, backtesting, and regulatory considerations. Collaboration with front office and risk teams is essential.