Quantitative Analyst

Job Information

Job Opening ID
- ZR_2077_JOB

Industry
- Trading Operations

Job Type
- Full time

Date Opened
- 09/06/2025

Country
- Singapore

At Deriv, you'll be at the forefront of ensuring the integrity and reliability of the financial models that power our extensive derivatives trading platform. As a Quantitative Analyst, you'll tackle the exciting challenge of scrutinising and validating sophisticated pricing models across more than 220 derivative instruments that serve over 3 million customers generating 200+ million trades monthly. Your analytical skills will directly impact our ability to innovate rapidly while maintaining the highest standards of risk management in a fast-paced environment where new complex products are constantly in development.

**On a given day, you will**:

- Conduct rigorous validation of pricing model methodologies, data feeds, and markup adjustments through proprietary testing frameworks
- Design and execute experiments comparing model predictions against actual outcomes or benchmark models
- Develop and monitor performance metrics that drive risk management decisions and business growth
- Collaborate closely with the Quants team to refine model risk policies and control procedures
- Identify edge cases and potential vulnerabilities in existing models
- Translate complex quantitative findings into clear, actionable insights for business stakeholders
- Create and maintain comprehensive documentation for business continuity purposes
- Build independent validation tools that strengthen our model governance framework

**You may enjoy working with us if you**:

- Thrive in a fast-paced environment where innovation is constant and new challenges emerge daily
- Find satisfaction in discovering the limitations of complex systems and improving them
- Are naturally curious and detail-oriented, with a passion for uncovering edge cases
- Value clear communication and can explain complex concepts to diverse audiences
- Appreciate being part of a team that directly influences the reliability of financial products used by millions

**We would love to work with you if you**:

- Possess deep understanding of derivatives pricing (e.g., Black‑Scholes, Monte Carlo, trees), including payoff structures, Greeks and calibration techniques
- Have strong mathematical foundations in probability theory, stochastic processes, numerical methods, and statistical testing
- Demonstrate expertise in Python for data manipulation, numerical computing (NumPy/SciPy), model implementation and test automation
- Are comfortable with SQL and data‑warehouse technologies for validating feed data
- Can effectively prioritise competing requests while maintaining attention to detail
- Have industry experience in derivatives pricing or model validation (though exceptional fresh graduates with strong quantitative backgrounds are also encouraged to apply)
- Bring a proactive approach to designing creative validation tests and identifying potential issues before they impact our customers

**Benefits**:
We pay competitive salaries based on your skills, qualifications, experience and market rates. Additionally, you'll be eligible for an annual bonus based on individual and company performance.

When you join Deriv, you will be supported in growing your career in our company. You can expect to have a personalised Learning and Development programme as well as the costs covered for relevant professional development and education related to advancing your career at Deriv.

You'll be based at our dynamic office in Singapore, strategically situated in this premier Asian financial hub. Our Singapore office is home to a team of bright trading minds dedicated to making Deriv everyone's first choice for trading CFDs. You'll experience a fast-paced, multicultural workplace that emphasises innovation and excellence, with regular industry insights sessions and collaborative projects. Our modern office space embodies Singapore's forward-thinking approach, providing an environment that inspires creativity and professional growth. Join us in Singapore to influence the trading experience of over two million clients around the globe and be at the forefront of shaping Deriv's future in a city that never stops evolving.

At Deriv, we merge technology, automation, and creativity to shape the future. Join our global team and help us serve over two million traders worldwide.

Our culture is unique, and we live by our values and leadership principles, so it's worth learning more about Deriv's culture.

Deriv is an equal opportunity employer committed to diversity and inclusion. We take pride in our Great Place to Work and IIP Platinum certifications, which reflect our commitment to creating an exceptional work environment. Join us and help build the future of online trading while working alongside top talent from over 80 nationalities.