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Exotic Options Trader Jobs (NOW HIRING)

... exotics, and structured products. * Collaborate with trading and portfolio teams to design robust ... Strong grasp of risk measures and practical trading applications. * Familiarity with option pricing ...

... trade support role • Exposure to various financial products: IRS, Swaptions, Basis Swaps, XCCY Swaps, Variance/Volatility Swaps, FX Options(exotics), TRS , Futures • Self-motivated team player ...

Quant Researcher

New York, NY · On-site

$175K - $250K/yr

... trading firms, market makers, and global banks. In this role, you will research cutting-edge problems in volatility modeling and options valuation for both vanillas and exotics across all asset ...

... options and bespoke exotics. Driven by the vision to be the most trusted partner in digital asset ... Build and nurture long-term client relationships by understanding their trading needs and providing ...

... options and bespoke exotics. Driven by the vision to be the most trusted partner in digital asset ... Build and nurture long-term client relationships by understanding their trading needs and providing ...

... options and bespoke exotics. Driven by the vision to be the most trusted partner in digital asset ... Build and nurture long-term client relationships by understanding their trading needs and providing ...

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Exotic Options Trader information

See salary details

$39.5K

$96.8K

$269.5K

How much do exotic options trader jobs pay per year?

As of Jun 9, 2026, the average yearly pay for exotic options trader in the United States is $96,774.00, according to ZipRecruiter salary data. Most workers in this role earn between $56,500.00 and $105,500.00 per year, depending on experience, location, and employer.

What are some of the main challenges faced by an Exotic Options Trader and how can new hires prepare for them?

Exotic Options Traders often deal with complex, non-standard derivatives that require a deep understanding of pricing models, volatility, and risk management. One of the primary challenges is managing the unique risks associated with these products, which may not behave like plain vanilla options. New hires can prepare by strengthening their quantitative skills, staying updated on market trends, and collaborating closely with structuring and risk management teams to understand the intricacies of each product. Adaptability, attention to detail, and ongoing learning are crucial to success in this fast-paced and intellectually demanding environment.

What is an Exotic Options Trader?

An Exotic Options Trader is a financial professional who specializes in trading complex derivatives known as exotic options. Unlike standard options, exotic options have unique features or conditions, such as barriers, multiple underlying assets, or non-standard payout structures. These traders analyze market conditions, price models, and risk factors to develop strategies for buying, selling, and managing exotic options. Their work often involves sophisticated quantitative analysis and close collaboration with risk management teams. Exotic options trading is common in investment banks and hedge funds, where tailored financial solutions are required.

What are the key skills and qualifications needed to thrive as an Exotic Options Trader, and why are they important?

To thrive as an Exotic Options Trader, you need a strong background in quantitative finance, advanced mathematics, and financial markets, often supported by a degree in a quantitative field. Proficiency with pricing models, programming languages such as Python or C++, and trading platforms like Bloomberg or Reuters is typically required. Exceptional analytical thinking, risk management, and communication skills help traders navigate complex products and work effectively with clients and colleagues. These skills are crucial for accurately pricing, hedging, and managing the risks of sophisticated derivatives in a highly competitive environment.
Infographic showing various Exotic Options Trader job openings in the United States as of May 2026, with employment types broken down into 37% As Needed, and 63% Full Time. Highlights an 92% Physical, 1% Hybrid, and 7% Remote job distribution, with an average salary of $96,774 per year, or $46.5 per hour.

$400K/yr

Full-time

Posted 20 days ago


Job description

$250-400k USD
Onsite WORKING
Location: New York, New York - United States Type: Permanent
Equity Volatility Quantitative Strategist - New York City
We are seeking an experienced Equity Volatility Quantitative Strategist to join our front-office quantitative research team in New York. The successful candidate will have 6-8 years of experience in the finance industry, strong development skills, and a deep understanding of the equity flow business. This is a hands-on quant developer role in a fast-paced trading environment, partnering closely with traders and portfolio managers to deliver high-impact solutions.
Key Responsibilities
  • Develop and maintain tools for market data analysis, including implied volatility fitting and surface construction.
  • Build and enhance pricing models and risk analytics for listed and OTC equity derivatives, light exotics, and structured products.
  • Collaborate with trading and portfolio teams to design robust, production-grade quantitative tools.
  • Contribute to the development of risk management systems and monitor key risk metrics.
  • Ensure scalability, reliability, and performance of quantitative libraries and applications.
  • Keep abreast of market trends, new products, and quantitative techniques in the equity derivatives space.
Skills & Qualifications
  • Experience: 6-8 years as a quantitative strategist/developer in equity derivatives within a trading desk environment.
  • Product & Market Knowledge:
    • In-depth understanding of equity market data and derivative products.
    • Strong grasp of risk measures and practical trading applications.
    • Familiarity with option pricing models (e.g., Black-Scholes, local volatility).
  • Technical Skills:
    • Expert Python programmer; C# or C++ experience preferred.
    • Strong knowledge of software engineering best practices (Git, testing, regression).
  • Personal Attributes:
    • Proactive, self-motivated, and results-driven.
    • Excellent problem-solving and analytical abilities.
    • Strong communicator, able to explain complex concepts clearly.
    • Resilient under pressure, able to manage multiple priorities.
  • Education: Advanced degree in a quantitative or engineering discipline.
Location: New York, NY
Employment Type: Full-time