Select Recruiting Group, LLC
Overview
This role is responsible for managing and overseeing derivative portfolios used to hedge capital market risk exposures, including Variable Annuity liabilities. The position combines portfolio management, trading oversight, and strategy development to ensure effective risk mitigation and alignment with business objectives. **This is a hybrid role. **Local candidates only; not open to relocation at this time. Responsibilities
Manage and oversee derivative portfolios across listed and OTC instruments, including interest-rate and equity derivatives (futures, swaps, options, swaptions, and variance swaps). Develop and implement hedging strategies and trade ideas for risk mitigation, monetization opportunities, and market dislocations. Build and apply advanced quantitative analytics to support portfolio management and hedge strategy development. Present trade recommendations and market insights to senior leadership, including executive-level stakeholders. Partner with counterparties to gather market intelligence, source trade opportunities, and refine execution strategies. Balance multiple initiatives in a dynamic environment, collaborating across teams to meet deadlines and deliver results. Qualifications
Bachelor’s degree in Financial Mathematics or related field; advanced degree (Master’s or PhD in a quantitative discipline) strongly preferred. 3–5 years of progressive experience in financial services with a focus on derivatives. Advanced knowledge of derivative pricing theory and practical applications. Strong understanding of equity and rate derivatives markets, dynamics, and flows. Experience developing and testing derivative trading strategies and managing asset-liability risks. Exceptional quantitative and analytical skills with proficiency in programming (VBA, Python, Matlab, C++). Strong written and verbal communication skills with the ability to convey complex ideas clearly. Seniority level
Mid-Senior level Employment type
Full-time Job function
Finance Industries
Investment Management Benefits
Medical insurance Vision insurance 401(k)
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This role is responsible for managing and overseeing derivative portfolios used to hedge capital market risk exposures, including Variable Annuity liabilities. The position combines portfolio management, trading oversight, and strategy development to ensure effective risk mitigation and alignment with business objectives. **This is a hybrid role. **Local candidates only; not open to relocation at this time. Responsibilities
Manage and oversee derivative portfolios across listed and OTC instruments, including interest-rate and equity derivatives (futures, swaps, options, swaptions, and variance swaps). Develop and implement hedging strategies and trade ideas for risk mitigation, monetization opportunities, and market dislocations. Build and apply advanced quantitative analytics to support portfolio management and hedge strategy development. Present trade recommendations and market insights to senior leadership, including executive-level stakeholders. Partner with counterparties to gather market intelligence, source trade opportunities, and refine execution strategies. Balance multiple initiatives in a dynamic environment, collaborating across teams to meet deadlines and deliver results. Qualifications
Bachelor’s degree in Financial Mathematics or related field; advanced degree (Master’s or PhD in a quantitative discipline) strongly preferred. 3–5 years of progressive experience in financial services with a focus on derivatives. Advanced knowledge of derivative pricing theory and practical applications. Strong understanding of equity and rate derivatives markets, dynamics, and flows. Experience developing and testing derivative trading strategies and managing asset-liability risks. Exceptional quantitative and analytical skills with proficiency in programming (VBA, Python, Matlab, C++). Strong written and verbal communication skills with the ability to convey complex ideas clearly. Seniority level
Mid-Senior level Employment type
Full-time Job function
Finance Industries
Investment Management Benefits
Medical insurance Vision insurance 401(k)
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