Quantitative Analyst – Equity Derivatives Research (Fresher)

About This Role

Société Générale India is hiring fresher Quantitative Analysts for its Cross Asset Quantitative Research (QR) team. SG is a global leader in equity derivatives and structured products. India-based quant analysts support SG's Paris, London, and Hong Kong quant research teams — building derivative pricing models, volatility surface analytics, and algorithmic trading strategies for equity derivatives and structured products.

Key Responsibilities

• Build and calibrate equity options pricing models: local volatility (Dupire), stochastic volatility (Heston, SABR), and hybrid models
• Develop volatility surface construction tools: SVI (Stochastic Volatility Inspired) parametrisation and arbitrage-free surface fitting
• Build equity derivatives pricing analytics in Python and C++ for SG's structured products desk
• Conduct backtesting of volatility trading and dispersion trading strategies using historical options data
• Analyse Greeks sensitivity: delta, gamma, vega, volga, and vanna for exotic equity derivatives portfolios
• Produce quantitative equity research notes on volatility regimes, carry strategies, and dispersion trades

Requirements & Skills

• M.Tech/M.Sc/Ph.D. in Mathematics, Statistics, Physics, Financial Engineering, or Quantitative Finance (2025/2026 batch)
• Exceptional mathematical skills: stochastic calculus, partial differential equations, and Monte Carlo methods
• Strong programming skills in Python (NumPy, SciPy, pandas) and basic C++
• Understanding of equity derivatives pricing theory (Black-Scholes, local vol, stochastic vol)
• FRM Level I cleared or CFA Level I cleared is advantageous

Benefits & Work Conditions

• Highly competitive quant salary with SG annual bonus
• SG's structured Quantitative Research graduate programme
• Access to SG's proprietary derivatives analytics platform and global quant research team
• Hybrid work with SG's modern Bengaluru and Mumbai offices
• FRM and CFA certification support

About the Company

Société Générale is one of Europe's leading financial groups, with €1.7 trillion in assets and 130,000 employees in 66 countries. SG is a global pioneer in equity derivatives, structured products, and quantitative finance — its equity derivatives franchise is consistently rated #1 or #2 globally. SG Global Solution Centre India (Bengaluru/Mumbai) houses 12,000+ professionals including a world-class quantitative research and technology team.

How to Apply

Apply at careers.societegenerale.com – India and search for Quantitative Analyst or Equity Derivatives roles.