What does a Derivatives Analyst do

Practical Adult Insights; New York (NY); On-site; USD 80,000 - 120,000; Full time

Job summary

Practical Adult Insights is seeking a Derivatives Analyst based in New York. The role involves collecting and analyzing market data on derivatives to provide actionable insights for traders. The ideal candidate will have a strong background in finance or mathematics, programming skills to develop analytical tools, and experience in analytical or trading activities.

Compensation varies significantly by region, particularly high for those in major financial centers.

Qualifications

• Proven track record in relevant analytical or trading activities.
• Formal training in derivatives analysis software.
• Strong programming skills to develop tools and automate analysis.

Responsibilities

• Collect and analyze data on a wide range of derivatives products.
• Develop and maintain analytical models and reporting tools.
• Provide timely information to traders and managers to support investment decisions.
• Prepare reports and presentations for internal stakeholders and clients.

Skills

Analytical skills

Programming skills

Financial analysis

Education

Degree in mathematics, actuarial science, finance or related field

Tools

Derivatives analysis software

Job description

Role Overview

A derivatives analyst works in the complex area of financial trading, focusing on instruments whose value derives from other assets. The analyst gathers and analyzes market data to provide actionable insights for traders and portfolio managers. They may also prepare client reports.

Responsibilities

• Collect and analyze data on a wide range of derivatives products.
• Develop and maintain analytical models and reporting tools.
• Provide timely information to traders and managers to support investment decisions.
• Prepare reports and presentations for internal stakeholders and clients.

Qualifications

• Proven track record in relevant analytical or trading activities.
• Degree in mathematics, actuarial science, finance or related field.
• Formal training in derivatives analysis software.
• Strong programming skills to develop tools and automate analysis.

Compensation

Salaries for derivatives analysts can be very high and vary significantly by region. For example, analysts in major financial centers may earn up to 50% more than those in rural areas. Compensation can be volatile; recent market conditions have been linked to changes in salary levels.