Junior Derivatives Trader

We are Athene. At Athene, we are driven to do more. We are a leading retirement services company that issues, reinsures and acquires retirement savings products designed for the increasing number of individuals and institutions seeking to fund retirement needs. We see every day as a new opportunity to measure ourselves against the best - and then we don't stop until we've set the bar even higher. We're ready to help you achieve more.
Purpose:
This Position will work under the direct supervision of the Risk and Derivatives Portfolio Management focusing on hedging activities, trading, risk analysis and processes, and systems related to the indexed hedging process.
Accountabilities:
Trading and Portfolio Management

• Trade the asset securities based on option analysis that will be formulated in an improved manner consistent with portfolio strategies designed to risk control and maintain hedged positions of our portfolios.
• Conduct/assist in a wide variety of tasks to implement and coordinate the investment strategy within the portfolio guidelines, including support of portfolio analytical systems, generation of portfolio management reports to assist in trading activities and providing data and analytical support to the portfolio management process as it pertains to Fixed Indexed Annuity (FIA) hedging and equity derivative hedging.
• Communicate ideas and interact with the Derivative Portfolio Managers and other stakeholders to implement strategy and capitalize on tactical relative value ideas, demonstrating the improved nature of the investment analysis and trading function.

Risk Analysis

• Perform risk analysis of investments using large datasets and quantitative assessments based on asset and liability option characteristics and other derivative structure characteristics and qualitative assessments based on the macro factors and volatility trends.
• Supervise asset holdings and maintain spreadsheets and data extracts vital to analyze portfolios relative to their appropriate liability benchmarks.
• Analyze and supervise volatility and other characteristics of the underlying indices of the FIA products for changes and relative value and reports results to upper management, may include a written follow-up.
• Develop and/or analyze high-level spreadsheets and database reports on a timely basis, which are used by portfolio managers and asset liability managers in assessing various portfolio risks and return characteristics.
• Research, analyze and make recommendations to leaders on derivatives securities to determine investments that contribute to achieving the portfolio objectives.

Strategic relationships and leadership

• Collaborate across the organization, i.e., Product, Finance, Actuarial, and IT to meet needs and drive towards results that support company goals
• Initiate, develop, and maintain contacts with the investment community to ensure a steady flow of attractive investment opportunities and access to quality investment research.
• Provide leadership and help mentor analysts and interns within the team.

Miscellaneous

• Evaluate and report risks, P&L and attribution and other relevant attributes to the Derivatives team, other functions within the organization and to senior management, for the FIA book of business.
• Serve as a derivatives systems expert to help achieve more efficient utilization of the system.

Qualifications and Experience:
Education and Experience

• Master's degree (or foreign equivalent) in financial management, finance, economics, mathematics, statistics, or a related field with 5+ years of experience as a Trader, Sr. Investment Analyst, Investment Analyst, Financial Analyst, or similar duties under a different job title OR
• Bachelor's Degree in financial management, finance, economics, mathematics, statistics, or a related field with 7+ years of experience as a Trader, Sr. Investment Analyst, Investment Analyst, Financial Analyst, or similar duties under a different job title
• 6+ years working with derivatives and investments including experience with trading equity derivatives, investment analysis and portfolio management, derivatives transactions (equity and fixed income) and derivatives modeling and pricing models.
• CFA or FRM or pursuit of designations preferred.

Qualification

• Programming in VBA, Excel, Access, SQL, Bloomberg, Python and Matlab or relevant financial and statistical software packages with a focus on quantitative/risk analysis and application development
• Familiarity with Data sets and data tables and ability to extract data for analysis using various tools.
• Familiarity with capital markets and an understanding of finance, economics, accounting, investment, and insurance principles and practices is preferred.
• The ideal candidate will be highly detail-oriented, well-organized, independent, entrepreneurial, assertive, self-motivated, possess excellent interpersonal skills and be able to prioritize in a fast-paced environment.
• Strong quantitative, analytical, and written and oral communication skills.
• Ability to maintain composure while working under pressure.

Drive. Discipline. Confidence. Focus. Commitment. Learn more about working at Athene.
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Athene celebrates diversity, is committed to inclusion and is proud to be an Equal Opportunity Employer. We do not discriminate on the basis of race, color, religion, sex, national origin, age, disability, marital status, sexual orientation, veteran status or any other status protected by federal, state or local law.