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Chase · 3 months ago

Quantitative Research Equity Exotics Vice President

383 Madison Ave, New York, NY, 10179, US

Full-time

Onsite

Mid Level

$200K/yr - $285K/yr

3+ years exp

Chase is a leading financial institution seeking a Vice President for their Quantitative Research Equity Derivatives Exotics team. The role focuses on leveraging quantitative techniques to develop pricing models, create hedging strategies, and innovate derivative payoffs for Equity Exotic trading.

BankingFinancial Services

Responsibilities

Develop mathematical models for pricing and risk management of derivative securities within a quantitative library using C++ and Python programming languages

Evaluate quantitative methodologies including identifying and monitoring model risks associated with derivative valuation models

Build data-driven hedging strategies for Equity Derivative products

Implement data driven and AI based Equity Exotic tools including pricing, hedging, and backtesting

Support trading activities by explaining model behavior, identifying major sources of risk in portfolios and carrying out scenario analyses

Collaborate closely with Structuring team on payoff innovation

Provide clear model documentation and work closely with the model review group to facilitate model approvals

Qualification

Quantitative researchC++ programmingPython programmingDerivatives pricing modelsMachine learningStatistical analysisStochastic calculusProbability theoryRisk management knowledgeEffective communication