Derivatives Trader Jobs
Derivatives Trader jobs are open across investment banks, hedge funds, proprietary trading firms, and asset managers, from entry-level analyst to senior trader and head of desk, with specializations in equity derivatives, fixed income, and commodities. Scan the live roles below and apply to whichever ones fit.
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Showing 5 of 6+ Derivatives Trader jobs
Requisition ID: 277534
Salary Range: 165,000.00 - 195,000.00
Please note that the Salary Range shown is a guideline only. Salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, and experience.
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Associate, Equity Derivatives Options Trader
Global Banking and Markets
Global Banking and Markets (GBM) is a leading Capital Markets and Investment Banking platform with a competitive presence across the Americas, operating globally over 100 years. Scotiabank’s strong US presence provides our clients an important bridge to this key global market for trade and investment flows across the Americas and the world.
Global Banking & Markets provides a full range of investment banking, credit and risk management products and services relevant to the financing and strategic development needs of our clients. Our products include debt and equity financing, mergers & acquisitions, corporate banking, institutional equity sales, trading and research, fixed income products, derivatives, energy, foreign exchange and precious metals. We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group including transaction banking and trade finance solutions.
Be part of an innovative Global Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients across industries! We work together to drive ambition to every future!
Purpose
Contributes to the success of the Global Equity Derivatives and Investor Solutions teams by supporting the pricing, trading, and risk management of equity derivatives products. Executes assigned responsibilities and initiatives in support of the team’s business objectives while ensuring compliance with applicable regulations, internal policies, procedures, and risk limits.
What You’ll Do:
- Promotes a client-focused culture by supporting strong client relationships and leveraging the Bank’s broader capabilities, systems, and expertise
- Supports senior traders in managing market risk across the US trading books by ensuring that all transactions are captured accurately and on a timely basis
- Provides accurate and timely pricing for products within the role’s area of responsibility and provides backup coverage across the Global Equity Derivatives trading team as required
- Provides feedback to the Financial Engineering team to enhance the equity derivatives model suite and strengthen pricing and risk-management capabilities
- Ensures that all material risks are accurately reflected in Risk Monitor and monitors key risk metrics against the approved limits set out in the Desk’s Limits and Controls Schedule
- Operates in accordance with the Desk’s approved Volcker operating plan and all applicable business controls
- Supports the Equity Derivatives Technology team in testing model enhancements and assessing post-implementation results to reduce model and operational risk
- Analyzes and summarizes equity volatility market activity for Sales and senior management, highlighting relevant market developments, client flows, and risk considerations
- Maintains volatility, dividend, repo, and correlation assumptions for US underlying using approved models, tools, and governance processes
- Coordinates with Operations, Technology, Risk, Finance, and other internal support functions to resolve issues affecting the Global Equity Derivatives trading books
- Adheres to day-to-day business controls and fulfils obligations relating to operational risk, regulatory compliance risk, AML/ATF risk, and conduct risk, including responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook, and Guidelines for Business Conduct
- Demonstrates intellectual curiosity by developing a strong understanding of market dynamics, pricing methodologies, risk management, and client requirements, while identifying opportunities to improve the Desk’s systems and processes
What You'll Bring:
- Minimum of two years of professional experience in equity derivatives or options trading
- Strong understanding of global capital markets, equity derivatives, and structured products
- Knowledge of the US structured-products market, including the pricing and risk management of autocallables, worst-of structures, barrier options, correlation products, and other exotic derivatives
- Understanding of exotic equity derivatives; knowledge of hybrid products would be an asset
- University degree in finance, business, mathematics, engineering, computer science, or another quantitative discipline
- Ability to perform effectively in a fast-paced, demanding, and collaborative trading environment
- Holds, or is able to obtain, all registrations and licenses required to trade equities, options, and futures in the applicable US jurisdictions
- Advanced Microsoft Excel and VBA skills
- Proficiency in Python or another programming language is strongly preferred
- Experience using AI-assisted development tools and large language models to support research, software development, data analysis, and process automation is an asset
- Strong collaboration and communication skills, with the ability to work effectively across Trading, Sales, Financial Engineering, Technology, Risk, Finance, and Operations
- Demonstrates intellectual curiosity, sound judgment, attention to detail, and a strong commitment to continuous development
Interested
At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That’s why we work to grow and diversify talent and engage employees in a performance-oriented culture.
What's in it for you?
Scotiabank wants you to be able to bring your best self to work – and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs.
Location(s): United States : New York : New York City
Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.
At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.
Scotiabank is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other characteristic protected by federal, state, or local law.
Requisition ID: 277534
Salary Range: 165,000.00 - 195,000.00
Please note that the Salary Range shown is a guideline only. Salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, and experience.
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Associate, Equity Derivatives Options Trader
Global Banking and Markets
Global Banking and Markets (GBM) is a leading Capital Markets and Investment Banking platform with a competitive presence across the Americas, operating globally over 100 years. Scotiabank’s strong US presence provides our clients an important bridge to this key global market for trade and investment flows across the Americas and the world.
Global Banking & Markets provides a full range of investment banking, credit and risk management products and services relevant to the financing and strategic development needs of our clients. Our products include debt and equity financing, mergers & acquisitions, corporate banking, institutional equity sales, trading and research, fixed income products, derivatives, energy, foreign exchange and precious metals. We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group including transaction banking and trade finance solutions.
Be part of an innovative Global Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients across industries! We work together to drive ambition to every future!
Purpose
Contributes to the success of the Global Equity Derivatives and Investor Solutions teams by supporting the pricing, trading, and risk management of equity derivatives products. Executes assigned responsibilities and initiatives in support of the team’s business objectives while ensuring compliance with applicable regulations, internal policies, procedures, and risk limits.
What You’ll Do:
- Promotes a client-focused culture by supporting strong client relationships and leveraging the Bank’s broader capabilities, systems, and expertise
- Supports senior traders in managing market risk across the US trading books by ensuring that all transactions are captured accurately and on a timely basis
- Provides accurate and timely pricing for products within the role’s area of responsibility and provides backup coverage across the Global Equity Derivatives trading team as required
- Provides feedback to the Financial Engineering team to enhance the equity derivatives model suite and strengthen pricing and risk-management capabilities
- Ensures that all material risks are accurately reflected in Risk Monitor and monitors key risk metrics against the approved limits set out in the Desk’s Limits and Controls Schedule
- Operates in accordance with the Desk’s approved Volcker operating plan and all applicable business controls
- Supports the Equity Derivatives Technology team in testing model enhancements and assessing post-implementation results to reduce model and operational risk
- Analyzes and summarizes equity volatility market activity for Sales and senior management, highlighting relevant market developments, client flows, and risk considerations
- Maintains volatility, dividend, repo, and correlation assumptions for US underlying using approved models, tools, and governance processes
- Coordinates with Operations, Technology, Risk, Finance, and other internal support functions to resolve issues affecting the Global Equity Derivatives trading books
- Adheres to day-to-day business controls and fulfils obligations relating to operational risk, regulatory compliance risk, AML/ATF risk, and conduct risk, including responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook, and Guidelines for Business Conduct
- Demonstrates intellectual curiosity by developing a strong understanding of market dynamics, pricing methodologies, risk management, and client requirements, while identifying opportunities to improve the Desk’s systems and processes
What You'll Bring:
- Minimum of two years of professional experience in equity derivatives or options trading
- Strong understanding of global capital markets, equity derivatives, and structured products
- Knowledge of the US structured-products market, including the pricing and risk management of autocallables, worst-of structures, barrier options, correlation products, and other exotic derivatives
- Understanding of exotic equity derivatives; knowledge of hybrid products would be an asset
- University degree in finance, business, mathematics, engineering, computer science, or another quantitative discipline
- Ability to perform effectively in a fast-paced, demanding, and collaborative trading environment
- Holds, or is able to obtain, all registrations and licenses required to trade equities, options, and futures in the applicable US jurisdictions
- Advanced Microsoft Excel and VBA skills
- Proficiency in Python or another programming language is strongly preferred
- Experience using AI-assisted development tools and large language models to support research, software development, data analysis, and process automation is an asset
- Strong collaboration and communication skills, with the ability to work effectively across Trading, Sales, Financial Engineering, Technology, Risk, Finance, and Operations
- Demonstrates intellectual curiosity, sound judgment, attention to detail, and a strong commitment to continuous development
Interested
At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That’s why we work to grow and diversify talent and engage employees in a performance-oriented culture.
What's in it for you?
Scotiabank wants you to be able to bring your best self to work – and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs.
Location(s): United States : New York : New York City
Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.
At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.
Scotiabank is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other characteristic protected by federal, state, or local law.
See All 6 Derivatives Trader Jobs
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Find Derivatives Trader JobsDerivatives Trader Job Market
Who's Hiring
What Employers Look For
The qualifications that appear most often in derivatives trader jobs.
- Bachelor's degree in finance, mathematics, economics, or a quantitative field
- Experience trading derivatives instruments such as options, futures, or swaps
- Proficiency with pricing models including Black-Scholes and Greeks calculations
- FINRA Series 57, Series 3, or equivalent license depending on asset class
- Strong programming or quantitative skills in Python, R, or Excel VBA
- Demonstrated risk management discipline and ability to manage live positions under pressure
Tips for Your Derivatives Trader Job Search
Tailor your resume to your instrument
Hiring managers in derivatives trading look for specific asset class experience. Lead with the instruments you've actually traded, whether equity options, credit default swaps, or interest rate futures, before listing general finance skills. Vague resumes get passed over fast in this field.
Highlight your P&L ownership clearly
Desks want to know whether you managed your own book or supported a senior trader. State that distinction explicitly on your resume. Candidates who blur the difference between execution support and independent position management lose credibility with trading-floor hiring teams immediately.
Get your Series 57 or 3 before applying
Many derivatives trader roles require FINRA Series 57 for equity derivatives or Series 3 for commodity futures. Applying before you hold the relevant license narrows your options at prop firms and broker-dealers, where licensing is a day-one prerequisite, not a post-hire item.
Apply early to roles that fit
Migrate Mate lists derivatives trader openings from across the United States in one place, so you can find roles that match and apply directly to each listing.
Prepare for rapid-fire technical screens
First-round interviews at trading firms typically include mental math, options pricing, and probability questions under time pressure. Practice Greeks calculations and expected-value problems out loud so your reasoning is audible, not just correct. Interviewers want to hear how you think, not just your answer.
Negotiate your draw versus profit-share split
At prop firms, your offer is a compensation structure, not a fixed number. Understand the difference between a guaranteed draw and a discretionary bonus before you accept. Ask for the firm's historical payout range for traders at your level so you can compare offers on equal terms.
Derivatives Trader Jobs: Frequently Asked Questions
Which companies are hiring the most derivatives traders?
The companies hiring the most derivatives traders right now include Symetra, BlackRock, and Scotiabank, with the largest share of openings in New York, Illinois, and Massachusetts, based on current listings on Migrate Mate as of November 2026. Activity shifts frequently as desks open and close positions, so checking current listings regularly gives you the most accurate picture.
How many derivatives trader jobs are remote?
About 100% of derivatives trader openings are fully remote or hybrid as of November 2026, which is lower than most finance roles because live trading desks require real-time collaboration and low-latency system access. Roles in quantitative strategy, risk analytics, and structuring tend to have the most remote flexibility compared to execution-focused positions.
How do you become a derivatives trader?
Start with a quantitative undergraduate degree in mathematics, finance, or economics, then build proficiency in options pricing theory and financial modeling. Internships at trading desks, prop firms, or broker-dealers are the most direct path to a first seat. Obtain the relevant FINRA license for your target asset class before interviewing, and develop a working knowledge of risk management frameworks that you can explain clearly under interview conditions.
Can you get a derivatives trader job with little experience?
Entry-level seats exist at prop trading firms and some broker-dealers, where firms hire candidates with strong quantitative skills and train them on specific instruments. Competing effectively without direct trading experience means demonstrating sharp mental math, solid options theory, and the ability to manage risk under pressure. Simulated trading competitions, relevant coursework, and Series licensing before you apply all strengthen an entry-level application considerably.
What does the derivatives trader interview process look like?
Most firms run a multi-stage process that starts with a quantitative screening round covering mental math, probability, and basic options pricing. A technical interview follows, testing your knowledge of Greeks, hedging strategies, and market microstructure. Final rounds at prop firms often include a live trading simulation or case study where your decision-making process is evaluated in real time before an offer is extended.
Where can I find and apply to derivatives trader jobs?
You can find and apply to derivatives trader jobs on Migrate Mate, which lists current openings from across the United States. Search the roles available, find the ones that match your experience and target asset class, and apply directly to each listing that fits your background.
See All 6 Derivatives Trader Jobs
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