Equity Derivatives Risk Quant

Jefferies; New York (NY); On-site; USD 230,000 - 300,000; Full time

Benefits offered by this job

Discretionary incentive

Medical coverage

Dental coverage

Vision coverage

401(k)

Job summary

Jefferies in New York seeks a Vice President to lead Equity Risk Analytics as an Equity Derivatives Risk Quant, focusing on vanilla options, exotics, structured products, and volatility modeling. You will design robust risk analytics and partner with trading desks and risk managers to support the complex equity derivatives business.

The role requires a Master’s/PhD in a quantitative field, 7+ years in equity risk analytics, strong Python, and leadership to influence across senior stakeholders.

Qualifications

• Master’s or PhD in a quantitative field as listed.
• Minimum 7 years in equity risk analytics with equity derivatives specialization.
• Proven track record in vanilla and exotic equity derivatives risk models.
• Advanced Python programming and scalable analytics infra experience.
• Strong leadership and cross-team communication abilities.

Responsibilities

• Lead design and implementation of risk analytics for equity derivatives.
• Calibrate volatility surfaces and price vanilla/exotic options.
• Compute VaR and capital charges; run stress tests.
• Collaborate with Market Risk, Credit Risk, SIMM and Quant teams.
• Advise senior stakeholders on risk exposures and models.
• Architect scalable pricing and risk engines for real-time analysis.
• Drive methodological innovation in proxy modeling and time-series work.
• Ensure robustness and consistency across the equity platform.
• Mentor junior quants and influence across teams.

Skills

Equity derivatives

Python

Leadership

Stakeholder management

Education

Master’s or PhD in Quantitative Finance/Math/Physics/CS

Tools

EQF platform

Job description

We are seeking a highly experienced and strategic Vice President (VP) to join our Equity Risk Analytics team as an Equity Derivatives Risk Quant. This senior role is ideal for candidates with deep expertise across the equity derivatives spectrum—including vanilla options, exotics, structured products, and volatility modeling. The successful candidate will lead the development of advanced risk analytics methodologies and tools, partnering closely with trading desks, risk managers, and cross-functional teams to support the firm’s dynamic and complex equity derivatives business.

Key Responsibilities

• Lead the design and implementation of robust risk analytics solutions for equity derivatives, including:
• Volatility surface calibration
• Option pricing (vanilla and exotic)
• Value-at-Risk (VaR) and capital charge calculation
• Scenario analysis and stress testing
• Collaborate with Market Risk, Credit Risk, SIMM, and Quantitative Risk Development teams to ensure consistency and robustness of risk measures across the equity platform.
• Act as a senior subject matter expert on equity derivative products, advising senior stakeholders on risk exposures, model assumptions, and mitigation strategies.
• Architect and maintain scalable pricing, volatility calibration, and risk engines to support ad-hoc, real-time, and historical risk analysis.
• Drive innovation in risk methodology development, including proxy modeling, time series construction, and sensitivity analysis for complex equity structures.

Required Qualifications

• Master’s or PhD in Quantitative Finance, Mathematics, Physics, Computer Science, or a related field.
• Minimum of 7 years of experience in equity risk analytics, with a strong specialization in equity derivatives.
• Proven track record in developing and implementing risk models for both vanilla and exotic equity derivatives.
• Advanced Python programming skills, with experience building and maintaining scalable analytics infrastructure.
• Strong leadership, communication, and stakeholder management skills, with the ability to influence across teams and senior levels.

Preferred Qualifications

• Familiarity with the EQF platform is desirable.
• Experience with capital charge calculation and prior engagement with regulatory bodies is a plus.
• Expertise in volatility surface modeling, exotic option calibration, and regulatory frameworks such as SIMM and FRTB.
• CQF ceritification is highly desired.

About Us

Jefferies is a leading global, full-service investment banking and capital markets firm that provides advisory, sales and trading, research, and wealth and asset management services. With more than 40 offices around the world, we offer insights and expertise to investors, companies, and governments.

At Jefferies, we are committed to building a culture that provides opportunities for all employees regardless of our differences and supports a workforce that is reflective of the communities where we work and live. As a result, we are able to pool our collective insights and intelligence to provide fresh and innovative thinking for our clients.

Jefferies is committed to creating and sustaining a workforce that welcomes individuals from all backgrounds to apply. Our employment decisions are made without regard to race, creed, color, national origin, ancestry, religion, pregnancy, age, medical condition, physical or mental disability, marital status, domestic partner status, sex, sexual orientation, gender, gender identity or expression, veteran or military status, genetic information, reproductive health decisions, or any other factor protected by applicable law. We are committed to hiring the most qualified applicants and complying with all federal, state, and local equal employment opportunity laws. As part of this commitment, Jefferies will extend reasonable accommodation to individuals with disabilities, as required by applicable law.

The salary offered will take into consideration an individual’s experience level and qualifications. In addition to salary, Jefferies Financial Group is proud to offer a comprehensive benefits package to eligible, full-time employees or part-time employees, who are scheduled to work at least 30 hours or more per week, including an annual discretionary incentive and retention bonus, competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Jefferies also offers paid time off packages that include planned time off (e.g., vacation), unplanned time off (e.g., sick leave), and paid holidays, and for full-time employees, paid parental leave.