Millennium
Risk Associate - Equity Volatility
$160K–$250K
New York, New York · On-site · Full-time · Posted May 27, 2026
- Experience
- 4 years+ in equity derivatives, structuring, trading, or risk.
About the job
Supports risk management for equity derivatives portfolios by monitoring risk and P&L, assessing market exposures, and improving risk tools and analytics.
What you'll do
- Monitor P&L, risk limits, portfolio exposures, and event risks; escalate breaches when appropriate.
- Contribute to portfolio risk reporting and capital usage, and help analyze performance drivers.
- Work with technology teams to improve risk tools, analytics, models, and monitoring capabilities.
What they ask for
- 4 years+ of experience in equity derivatives, structuring, trading, or risk.
- Programming ability in Python.
- Strong quantitative, analytical, and problem-solving skills.
- Strong interpersonal and communication skills.
Nice to have
- Exposure to options, variance swaps, VIX derivatives, delta one, dividends, funding spread products, or other equity derivatives.
- Cross-asset exposure across rates, FX, or commodities.
Pay
$160,000 to $250,000 USD base salary
Tools
Python
Model-written summary · the original posting is authoritative