Developer (Volatility Screening & Backtesting Tool)
: Job Details :

Volatility Screening & Backtesting Tool Developer We are seeking a highly motivated and technically proficient candidate to join our clients Equity Derivatives team in New York. This is a temporary role in a fast-paced, dynamic environment, aimed at supporting the development of a sophisticated volatility screening tool. The tool will focus on skew, term structure, and convexity, and include a backtesting capability to assess derivatives payoffs/strategies performance over time. As part of this role, the candidate will work closely with the Managing Director, leveraging their technical expertise in programming and data analysis to build and optimize the tools necessary for trading and risk management in equity derivatives. Job Details - Develop a volatility screening tool focused on skew, term structure, and convexity in equity derivatives markets. - Build and implement a backtesting framework for the analysis of historical data and trading strategy performance. - Collaborate with the Equity Derivatives team to ensure the tools align with trading and risk management requirements. - Perform data analysis, modeling, and visualization to support tool development and performance evaluation. - Continuously refine and enhance the tools based on feedback and new market insights. - Ensure the scalability and efficiency of the tools for use in a real-time, dynamic trading environment. - Hours of Operation: 9am to 5pm EST Mandatory Skills - Bachelor's degree or higher in a science field (e.g., Mathematics, Computer Science, Physics, Engineering, etc.). - Strong expertise in programming languages such as Python with a focus on data analysis, modeling, and tool development. - The ability to work with large datasets. - Strong problem-solving skills and an ability to work efficiently in a high-pressure, fast-paced environment. - Excellent communication skills and the ability to collaborate with both technical and non-technical stakeholders. Desired Skills - Experience with quantitative finance or prior work in derivatives trading or risk management. - Experience with backtesting frameworks. - Knowledge of volatility modeling and experience with derivatives pricing and risk metrics. - Familiarity with database management and real-time data processing. Start Date 11/20/2024. Length of Contract: 4-5 months with possibility of extension and/or full-time conversion. Location This is a hybrid position and located in New York, NY. Hybrid (3 days/ week).