Quantitative Derivatives Associate

Company Description

One of the leading foreign life insurers in Japan is seeking a professional for its successful variable annuities management business

Responsibilities

*Play a key role in maintaining and enhancing existing hedging programs to constantly improve performance
*Play an important role in developing, maintaining and documenting sophisticated financial models to support various hedging projects
*Leverage financial engineering, capital markets and product knowledge to support the development of innovative new performance guarantees and risk reduction strategies
*Work in cross-functional projects with other departments as well as in virtual project teams from the US and Europe. Being able to cross cultural gaps in a professional way

Requirements

*5+ years of professional experiences in the financial services industry (at least 3 years in a market risk management position). Participation in the implementation of hedging strategies and/or in the valuation process of options
*Strong knowledge of Financial Mathematics with solid understanding of Derivative Pricing Theory and their Applications. Master degree in business administration, finance, economics or mathematics/physics
*Working knowledge of the following required: Equity, fx and income derivatives
*Stochastic modeling for path-dependend options, Economic capital
*Good computer skills and some experiences with databases and SQL-languages
*Motivated to work as a team player. Highly self motivated and forward pushing personality. Japanese language skills prefered, but not essential
*Creative thinking (out-of-the box) is very much appreciated

Additional Notes

Remuneration:
15,000,000 yen

Why is this Position Open?:
Replacement due to Internal Transfer