IED HK, Equity Derivatives Strategist, Associate/VP recruitment

Position Category: Quantitative Strategies

Position Title: IED HK, Equity Derivatives Strategist, Associate/VP

Job Level: Sr. Associate/VP

Location: Hong Kong - Hong Kong

Education Required: Doctorate Degree

Position Description:
An opportunity has arisen in the derivative area of the Equity division working as a desk based strategist as part of the exotics team. The strategists are a desk-aligned group focused on providing quantitative analysis and support for the Equity Derivatives business working alongside our partners in sales and trading. The strategist team develops the analytic model library used for pricing and risk management of position across all the equity derivatives desks, including single name flow, index flow and exotic and hybrids.

Responsibilities:
• Working with traders and structurers to build pricing models. Particular focus will be on new and bespoke structured products and model development for these
• Working with trading to understand the inherent risk of the products traded and how these can efficiently be hedged and traded around
• Developing new models and features in the core global analytics library
• Development of library functions that allow for integration of trading applications to the core market data and risk platform
• Development of tools for new trade pricing and support of the current spreadsheet applications
• Coordinating the release of new versions of core risk management and pricing systems to the trading desks
• Working with the trading desk to perform analysis and produce specification of requirements in the IT core risk management and pricing systems
• Working with the risk management and the control teams in the affirmation process of new models that strategists create

Skills Required:
• Doctorate Degree in a mathematical/scientific subject preferred
• Enthusiasm and ability in using quantitative skills to make a tangible impact on the sales and trading business
• Thorough understanding of derivatives products and mathematical modeling (Equity Derivatives preferred)
• Ability to work in the intense and high pressured front office trading floor environment
• Have demonstrated experience in developing quantitative software
• Ability to define and articulate clearly complex concepts and business requirements
• Excellent communication skills and ability to work efficiently within a dynamic and diverse team
• Strong front office development skills, experience in Excel VBA, C++, C#, Java and Perl beneficial