Senior Macro Options Trader / Quantitative Risk Analytics

U.S. Bank • Charlotte, NC

2d

About The Position

The Senior Macro Options Trader / Quantitative Risk Analytics will play a critical role in US Bank’s Global Capital Markets Macro business, responsible for market-making, pricing, and risk management across options and related derivatives products. This position supports client-driven activity by executing and hedging options transactions, optimizing risk-adjusted returns, and risk management - contributing to overall desk strategy. The individual will operate within a fast-paced environment, collaborating closely with sales, research, and risk partners to deliver best‑in-class solutions to institutional clients.

Requirements

• FINRA Series 7 and 63, NFA Associated Persons designation are required.
• Bachelor’s degree in Finance, Economics, Mathematics, Engineering, or related quantitative field.
• Significant experience (7+ years) trading macro options or related derivatives in a global markets environment.
• Proven track record in market-making, options pricing, and managing a complex derivatives book.
• Practical knowledge of SABR (Stochastic Alpha Beta Rho) and SLV (Stochastic Local Vol) models a must; Strong quantitative and analytical skills with deep understanding of implied volatility, yield curves, and macroeconomic drivers.
• Excellent communication, decision-making, and risk management abilities.
• Demonstrated ability to thrive in a fast-paced, client-centric environment.

Nice To Haves

• Advanced quantitative degree

Responsibilities

• Trading & Market-Making Provide daily market-making services in macro options and related derivatives products (e.g., interest rate options, cross‑asset macro options, volatility products).
• Price and execute client transactions efficiently while ensuring adherence to market, regulatory, and internal risk standards.
• Manage and hedge complex options books, optimizing exposures to maximize profitability.
• Risk Management Continuously monitor and manage trading positions, assessing market, liquidity, and counterparty risks.
• Execute hedging strategies to maintain balanced risk profiles while supporting client needs and revenue objectives.
• Partner with risk management teams to ensure compliance with trading limits, stress testing requirements, and control frameworks.
• Client Engagement & Collaboration Work closely with Sales to support institutional clients, providing insights on pricing, market color, and strategy.
• Contribute to product development, pricing enhancements, and tailored macro solutions.
• Collaborate with research analysts and strategy teams to incorporate macroeconomic trends and data signals into trading and risk management decisions.
• Analytics, Tools & Strategy Maintain expertise with trading models and quantitative tools used for pricing and risk assessment.
• Provide input into desk-level strategies, identifying opportunities arising from market structure, volatility dynamics, and macroeconomic shifts.
• Support enhancements to systems, analytics, and automation initiatives.

Benefits

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

What This Job Offers

• Job Type: Full-time
• Career Level: Senior