Junior Economist

Economist (Junior) – Models & Derivatives Unit

Risk Management Department | Tel Aviv Stock Exchange

Join the Tel Aviv Stock Exchange and become part of a team responsible for developing and validating quantitative models used to assess financial risks across the organization.

We are looking for a highly analytical and quantitatively oriented economist to join our Models & Derivatives Unit within the Risk Management Department.

This position offers a unique opportunity to work at the heart of Israel’s capital market, combining financial analysis, quantitative modeling, risk assessment, and exposure to derivatives and financial markets.

What You'll Do

• Develop and implement methodologies and models for measuring and managing financial risk exposures
• Validate, challenge, and assess the performance of existing models
• Perform complex quantitative analyses and forward-looking risk assessments
• Support business units on risk-related topics and analytical projects
• Work with financial data, statistical methodologies, and risk frameworks
• Participate in ongoing projects within the Models & Derivatives Unit and the Risk Management Department

Requirements

Must Have

• Bachelor’s degree in Economics, Statistics, Mathematics, Finance, or a related quantitative field
• Strong analytical and quantitative skills
• Advanced Excel skills
• Familiarity with the Israeli capital market and financial system
• Excellent Hebrew and English communication skills
• Ability to independently analyze data and generate insights
• High attention to detail and strong problem-solving skills

Advantages

• Relevant professional experience in finance, capital markets, risk management, or quantitative analysis
• Familiarity with derivatives and financial risk methodologies
• Knowledge of statistical models and risk measurement tools (e.g., VaR, Backtesting)
• Experience with Python and/or VBA
• Familiarity with global financial markets
• Completion of Israel Securities Authority investment advisory and/or portfolio management exams
• Relevant Master’s degree

Important

This role is highly quantitative and involves extensive work with models, data, and risk analysis. It is less focused on macroeconomic research and economic reviews.

Apply

Please send your CV to [email protected] and indicate Position #697527 in the subject line.