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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About UsJefferies is a leading global, full-service investment banking and capital markets firm that provides advisory, sales and trading, research, and wealth and asset management services. With more than 40 offices around the world, we offer insights and expertise to investors, companies, and governments.
At Jefferies, we are committed to building a culture that provides opportunities for all employees regardless of our differences and supports a workforce that is reflective of the communities where we work and live. As a result, we are able to pool our collective insights and intelligence to provide fresh and innovative thinking for our clients.
Jefferies is committed to creating and sustaining a workforce that welcomes individuals from all backgrounds to apply. Our employment decisions are made without regard to race, creed, color, national origin, ancestry, religion, pregnancy, age, medical condition, physical or mental disability, marital status, domestic partner status, sex, sexual orientation, gender, gender identity or expression, veteran or military status, genetic information, reproductive health decisions, or any other factor protected by applicable law. We are committed to hiring the most qualified applicants and complying with all federal, state, and local equal employment opportunity laws. As part of this commitment, Jefferies will extend reasonable accommodation to individuals with disabilities, as required by applicable law.
The salary offered will take into consideration an individual’s experience level and qualifications. In addition to salary, Jefferies Financial Group is proud to offer a comprehensive benefits package to eligible, full-time employees or part-time employees, who are scheduled to work at least 30 hours or more per week, including an annual discretionary incentive and retention bonus, competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Jefferies also offers paid time off packages that include planned time off (e.g., vacation), unplanned time off (e.g., sick leave), and paid holidays, and for full-time employees, paid parental leave.
Skills Required
- 2-5 years of experience in equity derivatives trading, preferably in a flow-facing trading role
- Experience at the Associate or Vice President level within an investment bank, broker-dealer, market maker, or similar financial institution
- Strong understanding of option Greeks, volatility, skew, term structure, and derivatives pricing
- Demonstrated experience managing trading risk in live market conditions
- Prior experience with market making, client pricing, and flow risk management
- Strong analytical skills and ability to make decisions under pressure
- Excellent communication skills and ability to work closely with sales and other desk partners
- High attention to detail and strong understanding of trading controls and risk governance
- Experience trading listed options, OTC equity derivatives, index options, single-stock options, or structured equity products
- Familiarity with volatility surfaces, dispersion, dividends, financing, and corporate action risk
- Programming or data analysis skills in Python, VBA, SQL, or similar tools
- Experience improving trading analytics, pricing models, or risk dashboards
- Strong commercial instincts and ability to build relationships with internal and external stakeholders
Jefferies Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Jefferies and has not been reviewed or approved by Jefferies.
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Strong & Reliable Incentives — Compensation is positioned as competitive with meaningful upside, with potential for significant earnings depending on group performance and strong years. A formulaic, performance-linked bonus model ties payouts to individual fees or P&L, reinforcing a pay-for-results dynamic.
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Parental & Family Support — Family-building support is broad, including primary and non-primary caregiver leave, adoption assistance, subsidized emergency child and eldercare, and a $25,000 stipend for qualified surrogacy, adoption, or fertility support. Added resources like family support programs and parental-leave coaching further strengthen caregiver benefits.
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Wellbeing & Lifestyle Benefits — Lifestyle perks extend beyond standard coverage, including discount programs, commuter benefits, legal plans, charitable matching, and education assistance such as tuition support and scholarships for employees’ family members. Location-specific perks like gym stipends and free cafeteria lunch are also described as available in some offices.
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What We Do
Jefferies, the global investment banking firm, has served companies and investors for 60 years. Headquartered in New York, with offices in over 30 cities around the world, the firm provides clients with capital markets and financial advisory services, institutional brokerage and securities research, as well as asset and wealth management. The firm provides research and execution services in equity, fixed income, and foreign exchange markets, as well as a full range of investment banking services including underwriting, mergers and acquisitions, restructuring and recapitalization, and other advisory services, with all businesses operating in the Americas, Europe and Asia. Jefferies Group LLC is a wholly-owned subsidiary of Jefferies Financial Group (NYSE: JEF), a diversified financial services company. More about our company can be found at www.jefferies.com.
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