Derivative Path is hiring a
Associate

Summary

The job description is for a role in the Risk Solutions group at Derivative Path, a technology focused capital markets and risk management firm. The role involves providing risk solutions services, transaction execution services, and general client coverage support to clients. The ideal candidate has 1-3 years of derivatives experience and strong communication skills.

Requirements

• 1-3 years of derivatives experience at a bank or within a private equity firm focusing on derivatives and capital markets
• Prior experience pricing, analyzing, and executing FX derivatives is required; functional experience with FX derivatives as well as interest rate derivatives and/or cross-currency swaps is a plus
• Experience discussing and negotiating all aspects of transaction charges including market bid/ask and XVA (bilateral CVA, funding, regulatory capital) and solid understanding of the key drivers of those transaction charges
• Experience with and understanding of private equity derivative activity, particularly fund level derivatives, is a plus
• Strong communication, presentation, and written skills
• Ability to work in a fast-paced, deadline driven, dynamic work environment; can manage multiple competing priorities
• Desire to increase responsibility, take on additional roles, and expand skill set over time
• Exceptional attention to detail
• Highly collaborative with proven ability to work with internal teammates, customers, and external vendors
• Proud of the work you do and receptive to constructive feedback
• Superior skills in Microsoft Office – PowerPoint, Excel, Word
• Experience with Bloomberg as well as other derivatives pricing and risk systems

Responsibilities

• Assist in all aspects of client coverage including risk identification and analysis, hedge strategy generation, pricing and analytics, trade execution, ongoing hedge portfolio maintenance and reporting needs, etc
• Directly interact with clients to discuss the risks at play, potential hedging solutions, hedge outcomes, etc
• Directly interact with hedge banks and other relationship partners of clients to drive transaction processes
• Prepare client marketing materials, market updates, educational materials, etc
• Assist in idea generation related to enhancements to EDGE and assist in testing related to enhancements which are due for future releases
• Lead internal and pre-trade / post-trade processes such as client onboarding, documentation, confirmations, valuations, etc
• Provide ad-hoc support to senior members of the Risk Solutions group and other team members across the firm

Benefits

• Competitive bonus, base salary, and equity compensation
• 40 hours of sick time
• 18 days of PTO
• Hybrid work environment within the US
• Paid parental leave
• 401K matching at 3%
• Competitive health benefits including HSA and FSA options, life insurance, and short-term disability