Junior Quant - Equity Derivatives

CLSA • New York, NY

1d

About The Position

This role supports the Equity Derivatives, D1 business for overseas offices by building pricing tools, conducting daily risk and PnL analysis, and developing transaction analysis tools to optimize business flows. The position involves working with global quants on a quant library and global quant projects, designing and innovating the Equity Derivative library, and collaborating with IT to build a resilient risk/pricing infrastructure. Additionally, it includes building Vol Fitting and Dividend marking tools, supporting daily trading applications, and developing trading tools to assist overseas Equity Derivative sales teams.

Requirements

• Master’s degree or above in Computer Science, Math, Engineering or related disciplines.
• Minimum 3 years of relevant experience in Delta 1 business.
• Extensive knowledge in computer science fundamentals and software development experience in Python (3.9+) with excellent debugging and analytical skills.
• In-depth understanding of Equity Derivatives.
• Strong understanding of design patterns, solid principles, and unit testing practices.
• Experience with SQL, database design, and large datasets.
• Expertise in engineering platform solutions in Python on large-scale, complex systems.
• Ability to work in a fast-paced environment and critically solve various problems arising from trading, risk and operations.
• Self-motivated, strong attention to detail and a proactive mindset.
• Fluent in both spoken and written English.

Responsibilities

• Building pricing tools for Equity Derivatives, D1 business.
• Looking after daily risk and PnL analysis.
• Building transaction analysis tools to optimize business flows.
• Working with global quants on quant library and global quant projects.
• Designing and innovating Equity Derivative library.
• Working with IT to build a resilient risk/pricing infrastructure.
• Building Vol Fitting tools and Dividend marking tools.
• Supporting daily trading applications.
• Building trading tools and supporting the Equity Derivative sales teams overseas.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 501-1,000 employees