Senior Equity Derivatives Pricing & Valuation Analyst

Millennium Management LLC; Miami (FL); On-site; USD 160,000 - 250,000; Full time

Benefits offered by this job

Discretionary bonus

Job summary

Millennium Management LLC seeks a Portfolio Pricing and Valuations Analyst to maintain and enhance pricing infrastructure for equity derivatives, including volatility, vanilla, and exotic products. You will review models, validate methodologies, and explain P&L movements to stakeholders.

You will collaborate with technology, quant, risk, and trading teams to onboard new products, calibrate curves, publish end-of-day marks, and provide attribution and reporting to senior management.

Qualifications

• 5+ years in equity derivatives with pricing or valuations.
• Advanced degree in quantitative field.
• Strong knowledge of vanilla options, variance/volatility swaps, exotic products.
• Experience with model validation and risk controls.
• Proficient in data analysis and programming.

Responsibilities

• Valuations — Oversee and enhance the configuration of pricing models; validate market data.
• Pricing & Mark Sign-Off — Publish and sign off on intraday and end-of-day marks, surfaces, and curves.
• P&L Explanation & Attribution — Explain daily P&L and attribution; investigate breaks with trading, risk and finance.
• Methodology Review & Testing — Evaluate pricing methodologies and calibrations proposed by quant/vendor teams.
• New Product Onboarding — Oversee setup and integration of new equity derivative products.
• Primary Interface — Act as senior contact for pricing, valuation, risk, and product setup.

Skills

P&L attribution

Pricing model validation

Python / VBA programming

Bloomberg / Reuters data sources

Equity derivatives knowledge (vanilla;

Cross-functional collaboration

Detail-oriented

Education

Advanced degree in quantitative discipline

Tools

Python

VBA

Bloomberg Terminal

Job description

Millennium Management LLC seeks a Portfolio Pricing and Valuations Analyst to maintain and enhance pricing infrastructure for equity derivatives, including volatility, vanilla, and exotic products. You will review models, validate methodologies, and explain P&L movements to stakeholders.

You will collaborate with technology, quant, risk, and trading teams to onboard new products, calibrate curves, publish end-of-day marks, and provide attribution and reporting to senior management.