Venerable · 1 day ago
Director, Derivative Portfolio Management
Greater Philadelphia
Full-time
Onsite
Mid, Senior Level
7+ years expVenerable is seeking a Director for their Derivative Portfolio Management team, regarded as a subject matter expert in portfolio management and trading oversight of derivative positions. The role involves leading derivative performance programs, mentoring junior staff, and developing innovative trade ideas for risk mitigation.
Financial Services
Responsibilities
Assumes ownership and accountability on one or more aspects of derivative portfolio performance which include listed and OTC interest-rate and equity derivatives (e.g., futures, total-return swaps, interest-rate swaps, options and swaptions, and variance swaps)
Leverages expertise to provide input on innovative trade ideas/hedging strategies for efficient risk mitigation, opportunistic monetization, target market dislocations etc through a range of hedge structures including vanilla and exotics equity, rate and credit derivatives
Effectively communicates (verbally and in writing) and provides input on various initiatives including trade recommendations to Senior Leadership
Leverages their influence to support standards in terms of quantitative analytics needed to support portfolio management, hedge strategy development by leveraging financial engineering, capital markets, and product knowledge
Supports leadership in fostering productive relationships with banks and/or vendors
May commonly manage, mentor and guide members of the team of quantitative and/or capital market professionals
Qualification
Required
Bachelor's degree in Financial Mathematics (or related field)
Advanced knowledge of Financial Mathematics with solid understanding of Derivative Pricing Theory, and their applications
Superior quantitative/analytic reasoning and problem-solving abilities and strong computer programming experience in VBA, Python, Matlab, C++ …etc
Minimum of 7 years of progressive professional experience in the financial services industry
Strong understanding of equity derivatives markets, dynamics and flows
Experience in developing derivative trading strategies, back-testing and managing asset liability risks
Ability to influence; support and drive change
Ability to focus on “big picture” view while driving into details
Strong communication skills (verbal and writing) to convey complex trade ideas in a simple manner
Preferred
Advanced degree (Master's or PhD in a Quantitative field)
Company
Venerable
Venerable is a privately held company with business operations based in West Chester, Pennsylvania and Des Moines, Iowa.
201-500 employees
H1B Sponsorship
Venerable has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (14)
2024 (16)
2023 (14)
2022 (15)
2021 (15)
2020 (3)
Funding
Current Stage
Growth StageTotal Funding
unknown2017-12-01Acquired
Leadership Team
Alexandra Findleton
Vice President, Head of Flow Reinsurance
Ron Tanner
Vice President and Deputy General Counsel
Recent News
2026-01-05
Business Wire
2025-12-03
Company data provided by crunchbase