Overview
Department : Securities Quantitative Analytics
About the Company:
We are a leading global financial services firm committed to building lasting relationships with our clients and helping them achieve their financial goals. Our culture is centered around innovation, integrity, and inclusion, and we invest in our employees by providing opportunities for professional growth and development.
About This Role:
– We are seeking a highly motivated and experienced Lead Quantitative Analytics Specialist to join our dynamic team supporting the Interest Rates Options trading desk. In this role, you will be a key technical expert and contributor, responsible for developing, implementing, and maintaining sophisticated quantitative models and analytical tools in a fast-paced trading environment.
– You will act as the crucial link between the trading desk, technology teams, and model governance, ensuring our pricing and risk management systems are robust, accurate, and efficient.
Key Responsibilities:
– Quantitative Development: Design, develop, and implement mathematical models for pricing and risk management of Interest Rates Options and related derivatives.
– Model Implementation & Coding: Write high-quality, performant, and maintainable code in C++ and Java 8 (using functional programming paradigms) within the firm’s quantitative library to adapt generic models for specific business use cases.
– Stakeholder Collaboration: Partner directly with Front Office Traders, Strategists, Technology teams, and Model Validation to understand requirements, resolve complex issues, and deliver effective quantitative solutions.
– Full Model Lifecycle Management: Lead and participate in all phases of model development, including testing (unit, integration, regression, UAT), documentation, debugging, and deployment.
Problem Solving: Analyze and resolve complex, multi-faceted business and technical challenges related to securities valuation, trading algorithms, and market behavior.
Leadership & Mentorship: Provide technical leadership on complex initiatives, mentor junior team members, and drive new quantitative analytics initiatives.
Must-Have Skills (Required Qualifications)
– 5+ years of professional experience in a Securities Quantitative Analytics role, specifically supporting a trading desk (Rates/Rates Options highly preferred).
– Expert-level programming proficiency in C++ AND Java 8, with demonstrable experience using functional programming techniques in a production environment.
– Deep conceptual understanding of fixed income securities and derivatives, including the valuation of Treasury Bonds, Interest Rate Swaps, and Options.
– Advanced Degree (M.S. or Ph.D.) in a highly quantitative field such as Mathematics, Physics, Engineering, Quantitative Finance, Computer Science, or Economics.
– Proven hands-on experience with the full model lifecycle: development, implementation, testing, documentation, and validation.
– Strong analytical, problem-solving, and debugging skills to investigate and resolve model and data issues.
Desired Qualifications
– A Ph.D. is strongly preferred.
– Experience with numerical techniques for solving PDEs and Monte Carlo simulation methods relevant to rates modeling.
– Familiarity with quantitative research platforms and data analysis tools.
– Excellent verbal, written, and interpersonal communication skills to effectively collaborate with technical and non-technical stakeholders.
– Ability to lead projects, manage priorities in a dynamic environment, and serve as a peer mentor.