Entry Level Quant recruitment
Core Responsibilities:
• 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
• Explain model behaviour and predictions to traders, identify major sources of risk in portfolios, carry out scenario analyses, provide guidance / debug analytics
• Rapid prototyping of models and products
Essential skills, experience and qualifications:
• Excellence in probability theory, stochastic processes, partial differential equations and numerical analysis.
• Very strong analytical and problem solving abilities.
• C/C++ coding with emphasis on numerical methods.
• Good communication skills.
• PhD or equivalent degree from top tier schools/programs in Mathematics, Mathematical Finance, Physics or Engineering.
Desirable skills/experience: Solid grounding in options pricing theory (i.e. quantitative models for pricing and hedging derivatives) or relevant quantitative research experience an advantage.
Additional information: Ideally the candidate will have some quant internship experience. There are currently various junior quant positions across London, NY and also Asia.