Derivative Portfolio Associate

Oscar is working with a leading investment firm that is looking for an experienced Derivative Portfolio Associate to join their team.

As the Derivative Portfolio Associate, you will support portfolio managers in designing and executing hedging strategies. This role combines quantitative analysis, financial engineering, and capital markets expertise to monitor derivative portfolios, evaluate risk, and develop analytical tools that enhance portfolio management and reporting. The ideal candidate is highly analytical, detail-oriented, and comfortable working in a fast-paced environment with complex financial instruments.

Key Responsibilities:

• Monitor and analyze derivative portfolios consisting of listed and over-the-counter (OTC) interest rate and equity derivatives, including futures, total return swaps, interest rate swaps, options, swaptions, and variance swaps.
• Support portfolio managers in implementing and maintaining hedging strategies designed to manage capital market risks.
• Research and evaluate new trading ideas, hedging approaches, and portfolio optimization opportunities.
• Analyze portfolio performance and explain profit and loss (P&L) drivers through clear, insightful risk reporting.
• Design and enhance quantitative models, analytical tools, and reporting solutions using financial engineering principles and capital markets knowledge.
• Develop and maintain Python- and SQL-based analytics to support portfolio management, trading, and risk reporting processes.
• Monitor financial markets, economic developments, and industry news to identify risks and opportunities impacting portfolio performance.
• Conduct quantitative research on evolving market trends, financial instruments, and innovative risk management strategies.

Required Qualifications:

• Master's degree in Financial Mathematics, Quantitative Finance, Financial Engineering, or a closely related quantitative discipline.
• 1-3+ years of experience in derivatives, hedging, risk management, trading, or capital markets within an asset management, insurance, banking, or trading environment.
• Strong foundation in financial mathematics, derivative pricing theory, and practical applications in portfolio risk management.
• Solid understanding of interest rate and/or equity derivatives and their risk sensitivities, including Delta, Gamma, Vega, Theta, and Rho.
• Experience developing derivative trading strategies, hedging solutions, or analytical reports that explain key drivers of portfolio performance and P&L.
• Proficiency in SQL for data analysis, reporting, or trading support.
• Strong programming skills in Python, with experience integrating analytics into Excel and VBA-based models.
• Excellent quantitative, analytical, and problem-solving skills with strong attention to detail.

Recap:

Location: West Chester, PA (Hybrid)

Type: Permanent Fulltime

Salary: 130k-150k base + Benefits

If you think you're a good fit for the role, we'd love to hear from you!