My client a leading Investment Bank is recognised for their cutting edge approach to finance and their award-winning Quant teams are under-going massive expansion plans bal level. This training scheme will be offered to between 5-8 different people, but all must have a strong educational background, with a genuine interest in finance and a flare for competition.
This scheme has been developed over the years and now allows for extensive external and internal training. Candidates will get the chance to gain great exposure across the business, and will get experience within a number of asset classes to help broaden their knowledge and help them plan their long term career and the path they wish to take.
Responsibilities:
-Develop models and implement them in software for pricing and risk managing commodity index and basket derivatives.
-Partner with the trading desk on all related risk management and pricing issues.
-Develop pricing and calibration tools.
-Benchmark and compare results of various techniques including historical simulations
-Explain model behaviour and predictions to traders, identify major sources of risk in portfolios, provide guidance, and maintain smooth running of production analytics
-Liaise with sales and other groups on models and tools
Requirements:
-PhD in Mathematics/Physics/Financial Engineering or other related topic is ESSENTIAL.
-Must have stochastic volatility, Vega, and stochastic skew and smile dynamics experience.
-Coding experience, preferably Python and/or C++, with emphasis on numerical methods.
-Excellence in probability theory, stochastic processes, partial differential equations, and numerical analysis.
-Those with some previous experience in a quant analyst/model validation team will be at an advantage, but this is not essential.
To apply for Rotational Front Office Quant Analyst program please press the apply button or call 0207 019 4137 or email us your CV (in word format) to quantexotic@selbyjennings.com
Type: Full-time
Location: New York
Category: Quantitative Analysis Jobs
Apply Email: quantexotic@selbyjennings.com
City News