• Head of Derivatives & Hedging

    Equitable (New York, NY)


    Head of Derivatives & Hedging ( 250000JQ )

    **Primary Location** : UNITED STATES-NY-New York

    **Organization** : Equitable

    **Schedule** : Full-time

    Description

    Equitable Financial Life Insurance Company seeks a Head of Derivatives & Hedging for its New York, NY office.

    Duties:

    * Oversee the derivatives portfolio and execution of the trading programs hedging Equitable’s market-sensitive liabilities

    * Conduct attribution of the hedge Profit & Losses and report effectiveness of the hedging program to senior management

    * Enhance operational processes to support trading, Profit & Losses reporting, attribution, and scenario analysis

    * Evaluate alternative hedging strategies to optimize hedge Profit & Losses and alignment with other valuation frameworks – e.g., US statutory, US GAAP

    * Provide support to management and commercial businesses on derivatives strategy (e.g., for other areas of capital management and product development)

    * Work collaboratively with stakeholders from Actuarial, Investments, Risk Management, and commercial businesses to support Asset Liability Management, liquidity, capital, and other needs

    * Monitor and advise on evolutions of the derivatives markets and regulatory landscape

    * Manage 2 Derivative Portfolio Managers and coach and develop junior members of the hedging team.

    Qualifications

    Requires a Master’s degree or foreign equivalent degree in Finance, Financial Engineering, Economics or a related quantitative field plus at least 3 years of experience involving derivatives portfolio management for hedging variable annuity liabilities, including equity and interest rate risk. Full term of experience must include derivatives trading, derivatives portfolio management, derivatives law, derivatives pricing, data analysis, financial engineering, econometrics, machine learning, optimization models, stochastic simulation, algorithms & optimization; and Python, SQL, C , Excel VBA, Bloomberg. 40 hours/week. Salary is $247,333 - $268,000. Direct applicants only. Applicantssend resume to [email protected] (Ref. job code CN1659) or search job title through https://equitable.com/about-us/careers. EOE M/F/D/V.

     

    **Req ID:** 250000JQ