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Equitable is a financial services company focused on providing life insurance, retirement, and investment solutions designed to help clients achieve financial well-being and security. At Equitable, your interests and goals are just as important to us as they are to you. Join an organization where you have access to support, resources, and training to help you succeed.

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Head of Derivatives & Hedging

Location: New York, New York US

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Job Number: 9797

Job Number: 250000JQ

External 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.
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. Applicants send resume to TalentAquisition@equitable.com (Ref. job code CN1659) or search job title through https://equitable.com/about-us/careers. EOE M/F/D/V.

Community / Marketing Title: Head of Derivatives & Hedging

Location_formattedLocationLong: New York, New York US