As a Quantitative Analyst, you will have accountability for managing one or more key aspects of functions to support derivative portfolio managers and/or strategists in hedging capital market risk exposures of Variable Annuity liabilities and/or other risk exposures.
Primary Responsibilities:
- Monitor derivative portfolios which include listed and OTC interest-rate and equity derivatives (e.g., futures, total-return swaps, interest-rate swaps, options and swaptions, and variance swaps)
- Research innovative trade ideas/hedging strategies and/or explain portfolio P&L performance and insights through clear risk reporting
- Build quantitative/analytical tools to support portfolio management and/or hedge strategy development and/or risk reporting by leveraging financial engineering, capital markets, and product knowledge
- Participate in various quantitative projects as needed to help support overall Hedging/Risk teams goals & objectives
- Constant monitoring of market trends, news and economic indicators impacting the portfolio
- Conduct research/analysis on market trends, financial instruments or new strategies evolving in the market
Key Qualifications:
- Bachelor’s degree in Financial Mathematics (or related field); strong preference toward advanced degree (Master’s or PhD in a Quantitative field)
- Advanced knowledge of Financial Mathematics with solid understanding of Derivative Pricing Theory, and their applications
- Minimum of 1 - 3 years of progressive professional experience in the financial services industry or trading roles
- Experience in developing derivative trading strategies and/or developing risk reports which explain key drivers of P&L
- Knowledge of equity & rate derivative instruments from both theoretical and practical perspective
- Strong computer programming skills in Python based environment linked to excel/VBA models
- Superior quantitative/analytic reasoning and problem-solving abilities
- Ability to analyze risk and make informed decisions under pressure
- Adaptability to market changes and evolving trading strategies
- Comfortable with ambiguity and manage shifting priorities
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Venerable Values:
Every position at Venerable has responsibility for living out the company's values as described here:
We are Courageous -
We think critically, ask "why?" and seek out creative solutions.
We are Curious - We take calculated risks, learn from out failures, and challenge traditional ways of thinking.We are Connected - We are connected to each other, our customers and our community.
