Derivative Structuring Jobs (NOW HIRING)

BNP Paribas Securities Corp.
Job Title:Vice President, Equity Derivatives Structuring
Location: 787 Seventh Avenue, New York, NY 10019
Duties: Lead the development of new Price Efficient indexes. Leverage knowledge of Quantitative Investment Strategies to design features aiming to provide long-term performing indexes very well adapted to Structured Products. Understand pricing models in depth (implied equity volatility, skew, curve, dividends etc) to optimize the index features to price better than regular indexes providing similar performance. Provide products leveraging those features through higher participation rates, providing higher expected coupons. Understand platform market risk profile. Design and promote products respecting or improving it. Promote new ideas and products to clients. Identify clients' focus to tailor products to their needs. Ensure adequacy in terms of product appropriateness. Market and create marketing materials to present such innovative derivatives products and quantitative investment strategies for clients. Drive the junior members of the team to ensure the reliability in the duties they perform, their technical development and their personal growth. Collaborate globally with similar teams in Europe and Asia Pacific to ensure global coordination and circulation of new ideas, pricing methodologies, market specificities, client appetites. Create, program, and improve quantitative tools and software to perform the above structuring functions. Collaborate closely with functions on business related to equity derivatives or quantitative financial products: credit risk, market risk, compliance, legal, marketing, and other teams as needed. Client types serviced include Hedge Funds, Asset Managers, Pensions / Endowments / Foundations, Insurance Companies, Distribution, Corporates, both in the Americas and worldwide. Underlyings include mainly equity but also FX, rates, commodity or credit. Ensure adequacy in terms of product appropriateness to client sophistication.*Telecommuting permitted (One day a month): work may be performed within normal commuting distance from the BNP Paribas office in New York, NY. Domestic travel once a month.
SALARY :$225,000.00 USD - $240,000.00 USD / year.The actual salary may vary based upon several factors including, but not limited to, relevant skills/experience, time in role, base salary of internal peers, prior performance, business line, and geographic/office location.
In addition, our comprehensive benefits package aims to support our employees in various aspects of their lives. From healthcare and wellness programs to retirement plans and childcare services, we prioritize the well-being and growth of our employees. Our benefits include medical, dental and vision coverage, a 401(k) Savings Plan, backup childcare, life, accident and disability insurance, mental health support and paid time off. Additional details about our benefits offerings, inclusive of eligibility for a discretionary bonus, will be provided during the hiring process.
Work Schedule: 9am to 5pm, 40 hours a week. (Monday Friday)
Job Requirements: Master's degree (US or Foreign Equivalent) in Quantitative Finance, Science, Engineering, Mathematics, or related and three (3) years of experience with Equity Derivatives Structuring or Exotics Trading. Must have three (3) years of experience with: Advance financial mathematical knowledge (stochastic volatility, American monte carlo, statistical analysis); Quantitative and Systematic Investment Strategy expertise; Innovation expertise in Equity Derivatives Structured Products; Ability to represent clearly and efficiently complex systems to clients; and US Structured Product and insurance deep knowledge. FINRA Certification: SIE, Series 7, Series 63 (must pass within 60 days of hire).
BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity and gender expression, or any other legally protected status.
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