3 x Top Equity Quant roles at established European Banks – London + Belgium recruitment

There are currently 3 strong EQ quant teams looking to expand their force in 2012 and bring on EQ quants are various experience levels. The teams are known for their forward thinking approach to finance and the complex products it trades. The successful candidates must have solid experience working with EQ products or strutcured products and cannot be afraid of taking risks and breaking boundaries, as this financial houses are strong competitors in the industry.

 Quantitative Analyst positions are very demanding positions at Investment banks and only capable individuals are required. The teams works side by side with the Traders and structurers in the respective institutions. The Analyst works with sophisticated derivatives traded in the market, which requires not only programming skills, analytic skills, but also deep understanding of market. They develop derivative pricing models and risk management infrastructures, so that the derivative products can be fairly priced and risk managed.  The ever changing market environment and the increased sophistication of derivative products requires not only good understanding of the derivative pricing, hedging and trading, but also the rapidly changing market. They must be excellent programmers, mathematician and practicians.  Familiar with EQ products and structured products.

Responsibilities for the Front Office EQ Quant Analyst role:

-You will be modelling and implementing these models in the quant library in C++ where you will gain an in depth understanding of local volatility implementation in PDE solvers and multi-asset monte carlo.

-Supporting the EQ Trading desk. You will also write a tool for back-testing trading strategies and writing “rapid responses” for structurers and traders.

-Develop models and implement them in software for pricing and risk managing derivatives.

-Develop pricing and calibration tools.

-Benchmark and compare results of various techniques.

-Implement products using pricing engines and models.

-Rapid prototyping of models and products.

Ideal background of the successful candidate:

- The manager will look at exotic EQ derivative backgrounds or alternatively structured products. 

Various experience levels for the 3 roles ranges from: 

1st role: 2/3 yrs experience

2nd role: 4 - 6 yrs experience

3rd role: 5 + years experience

- Must come from a Front Office Quant Analyst team, and looking for a bigger challenge or the chance to gain unsurpassed product exposure.

- Exceptional coding skills and solid programming skills, e.g. C++, VBA.

- Excellent level of Financial Mathematics i.e. stochastic calculus, PDE modelling, binomial trees, etc.

- PhD in Maths/Physics/Financial Engineering (or quant related subject) from a top-school.

If you feel that you have the specified background and have the techical ability to take on a challenging roles such as these, please apply into this vacancy. The roles will be reporting directly into Heads/Global heads of the EQ teams in the respective institutions and will sit at their headquarters in London and Belgium respectively.

To apply for this position please contact us by submitting your CV in word format to quantexotic@selbyjennings.com or alternatively phone us on +44 207 019 4137

Key words: quant, quantitative; front office; trade; model, structured, EQ, equity, PhD, Physics, Maths, C++, VBA, Europe, Belgium, PDE, programming, implementing, stochastic calculus, develop; risk; London;