Equity Derivatives Trader - Associate / Vice President

Jefferies Financial Group Inc.

  • New York, NY
  • 13 days ago
  • $150,000–$235,000 Per Year

Highlights

The ideal candidate will have 2-7 years of experience in a flow-facing trading seat, with strong exposure to pricing, market making, and risk-managing single-name options and related equity derivative products. This role is suited to a trader with a deep understanding of option Greeks, volatility, and real-time risk management, particularly as they relate to single stock exposures rather than index-based products.

Numbers & Facts

LocationNew York, NY
Salary$150,000–$235,000 Per Year

Description

We are seeking an Equity Derivatives Trader at the Associate or Vice President level with a focus on single stock equity derivatives. The ideal candidate will have 2-7 years of experience in a flow-facing trading seat, with strong exposure to pricing, market making, and risk-managing single-name options and related equity derivative products.

This role is suited to a trader with a deep understanding of option Greeks, volatility, and real-time risk management, particularly as they relate to single stock exposures rather than index-based products.

Key Responsibilities

  • Price, trade, and risk-manage equity derivative products with a focus on single stock / single-name options.
  • Provide liquidity and competitive pricing to institutional clients in a flow-facing trading environment.
  • Manage live trading risk across key option Greeks, including delta, gamma, vega, theta, and skew.
  • Monitor single-name volatility, earnings events, corporate actions, borrow, dividends, liquidity, and idiosyncratic stock risk.
  • Support market-making activity across single stock equity derivatives and related products.
  • Work closely with sales teams to understand client flow, respond to pricing requests, and manage client-driven risk.
  • Collaborate with quant, technology, operations, and control teams to enhance pricing tools, risk systems, and execution processes.
  • Maintain disciplined hedging, inventory management, P&L attribution, and adherence to risk limits.
  • Ensure all trading activity complies with internal policies, regulatory requirements, and market conduct standards.

Required Qualifications

  • 2-7 years of experience in equity derivatives trading.
  • Current or prior experience in a flow-facing trading seat.
  • Strong preference for candidates with experience focused on single stock / single-name equity derivatives, rather than primarily index products.
  • Extensive understanding of option Greeks and practical application in trading and risk management.
  • Demonstrated experience with market making, client pricing, hedging, and real-time risk management.
  • Strong analytical, quantitative, and decision-making skills.
  • Ability to perform effectively in a fast-paced trading floor environment.
  • Strong communication skills and ability to partner with sales and other internal stakeholders.
  • High attention to detail and strong understanding of trading controls and risk governance.

Preferred Qualifications

  • Experience trading listed single stock options, OTC single-name options, or related equity derivative products.
  • Familiarity with single-stock specific risks, including earnings, corporate actions, dividends, borrow, liquidity, and event-driven volatility.
  • Knowledge of volatility surfaces, skew, term structure, and single-name options market structure.
  • Programming or data analysis skills in Python, VBA, SQL, or similar tools.
  • Experience contributing to pricing models, risk tools, trading analytics, or execution workflows.

New York, NY Full Time Base Salary Range of $150,000-235,000.

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