1,901 Derivatives jobs in the United States

Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889. Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service. About the Role We are seeking a motivated and detail-oriented Senior Analyst to join our Exchange Traded Derivatives (ETD) team. This role is ideal for someone with a foundational understanding of financial markets, particularly futures and options, and a strong working knowledge of Microsoft applications. You will play a key role in supporting trade lifecycle management, margin processing, and client reporting across a diverse set of institutional portfolios. Key Responsibilities Support the full trade lifecycle for exchange-traded derivatives, including trade capture, reconciliation, and settlement. Monitor and process margin requirements, including variation and initial margin, across multiple clearing brokers. Collaborate with internal teams (e.g., Fund Accounting, Custody, and Risk) to resolve breaks and ensure timely resolution of exceptions. Assist in preparing client deliverables, including daily reports and ad hoc analysis. Participate in process improvement initiatives and contribute to documentation and control enhancements. Provide support during market events, such as intraday margin calls or exchange-driven changes. Qualifications 0-2 years of experience in finance, preferably in derivatives operations or middle office. Understanding of futures and options markets. Proficiency in Microsoft Excel (e.g., pivot tables, lookups, basic formulas). Strong analytical and problem-solving skills with attention to detail. Excellent communication and organizational skills. Ability to work independently and collaboratively in a fast-paced environment. #LI-HY #LI-CL1 Salary Range: $52,800 - 79,200 USD About Northern Trust: Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889. Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service. About the Role We are seeking a motivated and detail-oriented Senior Analyst to join our Exchange Traded Derivatives (ETD) team. This role is ideal for someone with a foundational understanding of financial markets, particularly futures and options, and a strong working knowledge of Microsoft applications. You will play a key role in supporting trade lifecycle management, margin processing, and client reporting across a diverse set of institutional portfolios. Key Responsibilities Support the full trade lifecycle for exchange-traded derivatives, including trade capture, reconciliation, and settlement. Monitor and process margin requirements, including variation and initial margin, across multiple clearing brokers. Collaborate with internal teams (e.g., Fund Accounting, Custody, and Risk) to resolve breaks and ensure timely resolution of exceptions. Assist in preparing client deliverables, including daily reports and ad hoc analysis. Participate in process improvement initiatives and contribute to documentation and control enhancements. Provide support during market events, such as intraday margin calls or exchange-driven changes. Qualifications 0-2 years of experience in finance, preferably in derivatives operations or middle office. Understanding of futures and options markets. Proficiency in Microsoft Excel (e.g., pivot tables, lookups, basic formulas). Strong analytical and problem-solving skills with attention to detail. Excellent communication and organizational skills. Ability to work independently and collaboratively in a fast-paced environment. #LI-HY #LI-CL1 Salary Range: $52,800 - 79,200 USD Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component. Working with Us: As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve!Join a workplace with a greater purpose. We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and sustainable companies! Build your career with us andapply today.#MadeForGreater Reasonable accommodation Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at . We hope you’re excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people. Apply today and talk to us about your flexible working requirements and together we can achieve greater. About Us Looking for greater? You found it. A global financial leader with more than 22,000 employees in 23 locations worldwide, Northern Trust empowers our employees to achieve more than just business goals. Our focus on work-life balance, career mobility and unique opportunities are just a few of the reasons we’ve been named one of the world’s most admired companies. Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the employment process, please email our HR Service Center or call 1- (North America), + (Asia Pacific), 1800-425-0333 (India), +44(0) (Europe, Middle East and Africa) and let us know the nature of your request and your contact information. Equal Employment Opportunity Statements APAC/INDIA EEO STATEMENT It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development. Northern Trust is an Equal Opportunity Employer. Hiring and other employment decisions at Northern Trust are made without regard to race, colour, religion, sex, ancestry, national origin, ethnic origin, age, disability, citizenship, veteran status, sexual orientation, record of offences, marital status, family status, or any other characteristic protected by federal, provincial, or local law, regulation, or ordinance. EMEA EEO STATEMENT It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development. USA EEO STATEMENT It is the policy of The Northern Trust Company to afford equal opportunity in all phases of employment without regard to an individual's age, race, color, religion, creed, gender, national origin, citizenship status, marital status, pregnancy, sexual orientation, gender identity, gender expression, genetic tests and information, physical or mental disability, protected veteran status or any other legally protected status. #J-18808-Ljbffr

Job Description

Derivatives Specialist

EXPERTISE IN THE INVESTMENT LIFE CYCLE OF EQUITY SWAP PRODUCTS AND MIDDLE AND BACK-OFFICE OPERATIONS PROCESS AND SOLUTIONS ARE REQUIRED .

Position Overview

Reporting to the Director of Portfolio Operations, the Derivatives Specialist will play a key role in the Firm's ongoing use of equity derivatives. In addition to working closely with internal and external Operations teams, this role will collaborate with the Trading and Portfolio Management/Implementation teams. The ideal candidate will have a strong understanding of equity swaps and futures operational workflows. As the Firm continues to grow in assets, strategies, and capabilities, this role represents a unique opportunity to lead and shape the operational infrastructure supporting our expanding equity derivatives platform. The successful candidate will play a critical role in establishing and managing processes across all facets of derivative operations.

Key Job Responsibilities

• Monitor and manage the lifecycle of derivative positions, including trade confirmations, settlement, and margin calls
• Collaborate with brokers to facilitate new account openings, trade execution processes and efficient settlement processes
• Work closely with the Trading, Portfolio Management and Operations teams to resolve issues and provide timely answers to inquiries.
• Assist in reconciliation and research of positions, interest accruals, and other variances
• Lead and mentor other Operations team members on derivatives
• Prepare standard and ad hoc reporting for both internal and external needs
• Conduct risk analysis on positions, including stress testing and scenario analysis
• Identify and mitigate operational risks associated with derivative transactions
• Stay informed about industry developments, regulatory changes, and best practices in derivatives and prime brokerage operations

Skills and Knowledge Required

• A bachelor’s degree in finance, business, or related field
• 5-8 years of experience in derivatives
• Proficient understanding of derivatives, swaps, and equities
• Strong understanding of derivative products and thorough knowledge of various derivative instruments used in managing global equity portfolios
• Familiarity with Geneva accounting system
• Strong critical thinking, problem solving and decision-making skills
• Strong analytical background
• Excellent communication skills: ability to clearly explain technical concepts to team members and stakeholders

This is a hybrid position based in Los Angeles, CA which requires weekly attendance.

Los Angeles Capital is an SEC registered investment adviser and required to track certain political contributions under rule 206(4)-5. Therefore, you will be required to disclose your prior political contributions.

Los Angeles Capital is an Affirmative Action/Equal Opportunity Employer committed to providing employment opportunity without regard to an individual’s race, color, religion, age, gender, gender identity, sexual orientation, national origin, ancestry, marital status, medical condition, genetic information, veteran status or disability.

For more information about the company, please refer to our website at

Personnel/Applicant Privacy Notice

Los Angeles Capital is committed to safeguarding the privacy of our personnel and job applicants. Los Angeles Capital does not "sell" (as that term is defined in the CCPA) your personal information. Please see our Privacy Policy for details.

• Develop, implement, and validate pricing and risk models for financial derivatives.
• Conduct quantitative research and analysis for trading strategies.
• Perform statistical analysis and backtesting of models.
• Collaborate with traders and risk managers on model implementation and usage.
• Write high-quality code in languages such as C++ or Python.
• Analyze large datasets and identify market trends.
• Contribute to the firm's quantitative trading infrastructure.
• Provide technical support and expertise to trading desks.
• Stay current with advancements in quantitative finance and financial engineering.

• Ph.D. or Master's degree in Mathematics, Statistics, Physics, Financial Engineering, or a related quantitative field.
• Minimum 5 years of experience in quantitative finance, preferably in investment banking or hedge funds.
• Expertise in pricing and risk management of derivatives.
• Strong programming skills in C++ and/or Python.
• Solid understanding of stochastic calculus, numerical methods, and econometrics.
• Experience with financial databases and market data.
• Excellent analytical, problem-solving, and quantitative skills.
• Strong communication and presentation abilities.