---
title: 'Quant Associate at OptionMetrics'
canonical: 'https://feeny.ai/job/quant-associate-optionmetrics-new-york-xy64b0npzyt1'
type: 'job'
last_seen: '2026-09-09'
---

# Quant Associate at OptionMetrics

- **Company:** OptionMetrics
- **Location:** New York, NY
- **Compensation:** $130k–$160k
- **Employment:** full-time
- **Work type:** onsite
- **Posted:** 2021-08-17
- **Last confirmed live:** 2026-09-09
- **Apply:** https://jobs.lever.co/optionmetrics/cd628723-e18f-4f4c-985f-4740d23c22ab

## Job description

About Us: OptionMetrics, headquartered in New York, NY. is a dynamic and innovative technology company, a trusted provider of financial information and research derived from the option markets. We are at the forefront of developing solutions that empower businesses. Our commitment to excellence, coupled with a collaborative, forward-thinking culture, has made us the preferred choice for top-tier talent. Our data and analytics models are utilized by over 350 investment banks, hedge funds, asset management firms, and academic institutions globally, solidifying our position as a leader in the industry.

At OptionMetrics, we are seeking a curious, analytical, and detail-oriented Quant Associate to join our Quantitative Research team. This is an excellent opportunity for an early-career quantitative professional who is passionate about financial modeling, derivatives, and applied research. As a Quant Associate, you will partner closely with our Senior Quantitative Researchers on a variety of quantitative research initiatives, contributing to the development and enhancement of our industry-leading options analytics platform. You will have the opportunity to work on challenging problems, develop innovative models, and see your work directly impact our products and clients. We are a small, agile organization that values intellectual curiosity, collaboration, and craftsmanship. We emphasize quality over expediency and encourage our team members to take ownership of their work from concept through implementation. You'll be surrounded by exceptionally bright colleagues who are passionate about solving complex financial problems and advancing quantitative research. Location: Hybrid: New York City or Miami, Florida.

What You'll Do:

- Assist in the development, implementation, and maintenance of the firm's option pricing models and quantitative analytics.

- Partner with Senior Quantitative Researchers on research initiatives and model enhancements.

- Contribute to the development of new products, quantitative tools, and analytics.

- Collaborate with the Head of Quantitative Research to understand client needs and help develop innovative quantitative solutions.

- Conduct statistical analysis and quantitative research using large financial datasets.

- Validate, test, and improve pricing models to ensure accuracy, robustness, and performance.

- Document research findings and communicate technical concepts clearly to both technical and non-technical audiences.

Skills You'll Need:

- Master's degree (M.S.) or higher in Financial Engineering, Quantitative Finance, Econometrics, Statistics, Applied Mathematics, Physics, Computer Science, or another highly quantitative discipline.
- Strong interest in derivatives, option pricing, financial markets, and quantitative modeling.
- Proficiency in at least one programming language such as Python, C++, or Java.
- Strong analytical and problem-solving skills with exceptional attention to detail.
- Excellent written and verbal communication skills.
- Ability to manage multiple priorities while working both independently and collaboratively.

What Will Make You Stand Out:

- Academic or research experience in derivatives, stochastic calculus, numerical methods, or financial modeling.
- Experience implementing quantitative models in Python or C++.
- Familiarity with options pricing models such as Black-Scholes, binomial trees, Monte Carlo simulation, or finite difference methods.
- Experience working with large financial datasets and statistical analysis.
- Exposure to machine learning techniques or predictive modeling.
- Internship or research experience within quantitative finance, financial engineering, or capital markets.
- Intellectual curiosity, a desire to continuously learn, and enthusiasm for tackling complex quantitative challenges.

What We Offer:

- A collaborative environment where everyone's input makes a difference.
- Paid time off: Vacation, Personal, Sick days, and Holidays.
- Pre-tax commuter benefits (NJT, MTA, etc.) and 401k plan offered.
- Full medical and dental insurance coverage.

OptionMetrics is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law. Further, OptionMetrics will not discriminate against applicants for inquiring about, discussing or disclosing their pay or, in certain circumstances, the pay of their co‐worker, Pay Transparency Nondiscrimination .

If you need a reasonable accommodation for any part of the employment process, please contact us by email and let us know the nature of your request and your contact information. Requests for accommodation will be considered on a case-by-case basis. Please note that only inquiries concerning a request for reasonable accommodation will be responded to from this email address.

## About OptionMetrics

## Company Overview
- **One-liner**: OptionMetrics is the premier provider of historical options data, implied volatility calculations, and analytics for institutional investors and academics worldwide.
- **Entity Type**: Private (Private Equity-backed; latest round led by Leeds Equity Partners in 2021)
- **Headquarters**: New York, NY, USA (Midtown Manhattan near Columbus Circle)
- **Founded**: 1999
- **Founders**: David J. Hait, Ph.D.

## Core Business
- Primary industry/industries: Financial Services, Fintech, Data & Analytics
- Target customers: B2B – Hedge funds, portfolio managers, quantitative researchers, risk managers, and academic institutions
- Mission or purpose statement: To provide the highest quality and most comprehensive historical options data, tools, and analytics to measure volatility, assess risk, and analyze investment strategies.

## Products & Services
- **IvyDB US**: Historical end-of-day data for US equity and index options from 1996 onward, including daily high/low/close prices, interest rates, dividends, and corporate actions. (Data)
- **IvyDB Futures**: Historical futures options price data for US and EU markets. (Data)
- **IvyDB Signed Volume**: Daily data on option trading volume, offering insights into order flow and participant activity. (Data)
- **IvyDB Beta**: Implied betas for top SPY constituents and market-capitalization US securities for factor investing. (Data)
- **Woodseer Dividend Forecast Data**: Global dividend forecasts for equities, ADRs, and ETFs. (Data)
- **Implied Volatility & Greeks**: Accurately calculated implied volatility and delta, gamma, vega, theta for European and American models, plus a standardized constant-maturity volatility surface. (Analytics/API)

## Market Standing
- **Valuation/Market Cap**: Not publicly disclosed.
- **Key Metric**: Annual Revenue of ~$6.6M (LinkedIn estimate); serves 350+ corporate and academic institutions.
- **Notable Investors/Partners**: Leeds Equity Partners (lead investor in 2021 PE round).
- **Growth Signals**: 25+ years in business; 56 employees with 4.5% YoY headcount growth; acquired Woodseer Global (dividend data) in March 2023; expanding global coverage (Europe, Asia-Pacific, Canada).

## Competitive Advantages
- **Data Longevity & Accuracy**: Over 25 years of historical data (since 1996 for US) sets the industry standard for backtesting and academic research.
- **Calculated Analytics**: Proprietary implied volatility and Greek calculations are considered the gold standard; trusted by top institutions for risk modeling.
- **Network Effects**: High adoption in academia creates a pipeline for professionals who already use OptionMetrics data, reinforcing its position in the industry.
- **Global Coverage**: Comprehensive datasets for North America, Europe, and Asia-Pacific markets in a single, standardized format.

## Strategic Focus
- **Data Expansion**: Deepening global coverage and adding new datasets (e.g., Woodseer dividend forecasts, IvyDB Beta).
- **Product Innovation**: Developing new analytics and tools (e.g., volatility surfaces, signed volume) to meet evolving quant and risk-management needs.
- **Technology Enhancement**: Modernizing data delivery and user experience; recent hire of CTO Moti Mizrahi to drive tech innovation.
- **Client Growth**: Growing its subscriber base (currently 300+ institutions) with dedicated support and global distribution.

## Why Work Here
- **Culture**: "Agile team favors substance over suits, teamwork over egos" – emphasis on accountability, not micromanagement. Collaborative environment where everyone’s input matters.
- **Work Policy**: Hybrid – offers both on-site (New York, NY) and remote positions (e.g., Technical Product Manager listed as remote option).
- **Perks & Benefits**: Full medical and dental insurance, 401k plan, pre-tax commuter benefits (NJT, MTA), paid time off (vacation, personal, sick days, holidays).
- **Office**: Bright, open office in Midtown Manhattan near Columbus Circle, with a view of Times Square and steps from Central Park.
- **Engineering Culture**: Encourages true ownership over products, rewards innovation, and works with proprietary data used by world-class hedge funds and academics.
- **Team Composition**: Mix of developers, quants, econometrics specialists, analysts, and account managers with a shared passion for volatility analytics.

## Sources
1. [optionmetrics.com](https://optionmetrics.com/about-us/)
2. [optionmetrics.com](https://optionmetrics.com/careers/)
3. [jobs.lever.co/optionmetrics](https://jobs.lever.co/optionmetrics)
4. [linkedin.com](https://www.linkedin.com/company/optionmetrics)
5. [optionmetrics.com](https://optionmetrics.com/)

## Other roles at OptionMetrics

- [Product Owner/Project Manager](https://feeny.ai/job/product-owner-project-manager-optionmetrics-miami-t3x0mkrkpggq) — Miami, FL
- [Technical Product Manager](https://feeny.ai/job/technical-product-manager-optionmetrics-new-york-g27yx1fvcz3k) — New York, NY
- [Software Test Engineer (Contract Role)](https://feeny.ai/job/software-test-engineer-contract-role-optionmetrics-united-states-161nrp9a3ema) — United States
- [Account Manager](https://feeny.ai/job/account-manager-optionmetrics-new-york-23c0gbxxyf1q) — New York, NY