***GQR | USA Quant Vacancies – June 2012*** recruitment

A list of June’s most urgent hires:

Senior Fixed Income Risk Manager - Market Risk Management – Prime Brokerage Risk -  Hedge Fund Servicing - Global Leading Investment Bank  -   New York, NY

Within the prime brokerage risk space, this role offers an incredible opportunity to perpetuate your career into the upper sphere of prime brokerage and in particular dealing with the front line of a business; having a large impact, managing a quality team and facing with clients. The prime services arena is a growing space for a lot of top-tier financial firms – this specific group is expanding heavily, looking to bring someone on who will have a significant impact on the business in the U.S.

The role:

• Fixed Income Risk for a global prime brokerage business.

• Overseeing market risk for trading business covering derivatives.

• Expanding the existing, current and new products as well as helping build out risk infrastructure.

• Involvement in all areas of front and middle office, with the ability to manage processes though out the entire group.

• Deal hands-on with clients, helping pitch business while effectively managing risk.

• Responsibilities in leading new projects, products and business expansion.

• Working with complex products, and reporting into senior Directors and Global Heads.

• Articulately communicate and convey complicated methodologies and theories to both senior risk analysts as well as senior traders, which again affect profit and the status of the group going forward.

Requirements:

• 6+ Years of experience within fixed income risk management – preferably prime brokerage.

• Experience dealing hands-on with clients – and comfortable pitching to clients the overall scope and business perspective.

• Hands-on experience managing risk from a fixed income/market risk perspective while building/expanding risk infrastructure(s).

• Communication is key! This role is very client facing – interaction with hedge funds and various buy-side clients is a large part of the job.

• Ideally a very strong ability or knowledge within risk having been exposed to this area for a long period.

• Having a trading and/or Structuring/Origination background is a plus.

Director of CDS Credit Modeling – Quantitative Modeling and Risk Management – Newly Created Front Office Quant Team – Global Leading Financial Institution – New York, NY

This newly created team is looking for a quantitative credit modeling specialist, with a strong econometric and/or statistical background. The candidate is required to have a strong understanding of risk management, valuations, and have covered a variety of asset classes including credit, CDS, corporate bonds, and fixed income instruments.

The role:

• Pricing of various credit and fixed income instruments.

• Maintain and enhance Merton Model based default probability model and CDS implied rating model.

• Conduct CDS vs. Corporate bond basis analysis and analysis of market risk premia.

• Extensive data analysis and use of statistical/econometric quantitative methods.

• Interaction with commercial products team – directly facing the businesses.

• Foster cooperation and team interaction, with the ability to lead and mentor a team in due time.

• Work with various groups internally and externally from front office senior management to outside clients as this role is front office/business focused.

Requirements:

• 6+ years of credit modeling experience across CDS and other credit default models (PD LGD).

• Market risk, credit risk , and/or valuations experience.

• Combination of good econometrics skills, option pricing experience, credit understanding, risk management, CDS valuation, and hands-on implementation skills.

• MA/MS/PhD degree, preferably in a quantitative subject.

• Good knowledge of statistical packages with hands on coding abilities in VBA/Excel, SAS. C++/C# is a plus.

• Experience in creating and/or maintaining commercially vended credit models.

• Knowledge of the credit markets and quoted indices, of equity and interest rate / bond data.

VP/SVP Quantitative Developer – Fixed Income, Credit, Equities, Interest Rates – Cross Asset Team – Front Office Quantitative Analytics Group – Global Arbitrage Business - Investment Bank - New York, NY

A leading front office Quant Analytics group is proactively seeking a senior Quantitative Developer to expand its cross asset and listed derivatives coverage. A specialist is needed to implement its pricing models and incorporate them into their libraries, whilst mentor junior members of the team. The desk is a mix of quant developers, desk quants, traders, and risk professionals – all of whom have a direct connection to the business.

The role:

• C++ Implementation - whereby leading all quantitative development to multiple asset classes across listed derivatives (equity, interest rates, credit, swaps, fixed income, options).

• 360 degrees of quantitative development – fine tuning the existing global analytics libraries at every stage and hands-on exposure to many aspects of the business across trading, risk, and quantitative pricing.

• Ability to do integration work when needed – work on integrating with a cutting edge system as well as testing and vetting models.

• Leading and mentoring junior members of the team and help improve software abilities across the board.

• Working entirely in their Front Office alongside fellow quant developer, pricing quants and quant traders.

• Closely collaborating with other quants to ensure progress is made at all stages of development.

Requirements:

• An exceedingly strong ability to implement on the analytics library with C/C++ (object orientated programming).

• Experience using unix/linux is a must.

• Hands on approach – a real passion to be involved in new projects and the experience to do so.

• An excellent quantitative PhD/MSc from a top school along with a very quant focused thesis.

• A computer science or computational physics/computational maths background would be preferable.

• Excellent communication skills and ability to face-off with traders.

• 5+ years or more recent working experience in front office quantitative development.

• Worked closely with trading desks, with a clear understanding of how front office functions.

• A passion for financial libraries and coding along with the technical ability implement extremely fast.

• Cross asset background is preferred – anyone with fixed income, interest rates, credit, equities exposure may apply.

Front Office Trading Systems Software Engineer C# -   Front Office Proprietary Trading Systems Technology C# .NET SQL Software Engineer   -   C# Front Office Development So Driven Team  -   Proprietary trading technology Multithread .Net SQL driven quantitative Hedge Fund    -   Tri-State New York, USA   -    (Ref: 20120515)

By using the most sophisticated and cutting edge methods this institution has earned its reputation as a leader and pioneer in quantitative automated trading systems and technology. So as part of a growth hire they want to add a talented C# .Net front office software engineer within their front office trading technology group to increase trade performance.

Responsibilities include the ability to work in a front office trading face environment, which involves designing and implementing front office proprietary trading systems. A track record of designing and architecting large-scale, design specifications using object-oriented programming C#.  This position will require excellent communication skills as they interact with both their immediate team, tools engineers and traders alike. This is a very skilled position and one that will impact the business progressively.

Requirements:

• Looking simply for the best C# software engineer within the market.

• Excellent real-time object orientated programming using C#.

• Proven abilities multi-thread applications, .Net, and SQL.

• Experience with trading systems within finance or at the least very complex systems and development projects outside of finance.

• A strong desire for to solve challenges and push the boundaries of technology.

• Incorporate new technologies to maximize trade performance.

In return they are offering:

• The chance to join a high performing hedge fund and work on dynamic front office risk systems.

• Very hands on role with the opportunity to make an important contribution.

• Work with a world renowned team and talented colleagues.

• A long term career as part of a progressive desk that will offer real career progression.

• Excellent compensation structure both in terms of base and bonus rewards.

Highly Interesting Mandated Systematic Quant Research Role | Tri-State Area, New York, Connecticut, Boston

I am working on a great opportunity for a $3bn AUM fund; 40 employees of whom 7 are in the quant research team. They have a currency program, global macro program and fixed income program. Their selling points is that they are focused on producing strong returns track records which are somewhat uncorrelated to other systematic funds rather than focusing on huge AUMs and taking just the management fees. They are not a fund that over market themselves as they have preferred to focus on making healthy returns for their investors and in turn are able to pay themselves very well. They also trade Equity indices and volatility.

There are two main environments; live trading and quant research which work closely. There is also a supporting IT team which they work reasonably close with which has 9 members. This role is a senior position within the quant research team, to be a quant researcher developing alpha signals, researching systematic trading strategies and give instruction on how to implement systematic strategies. The 0-6 month requirement of this opening is as an algo developer - working largely on the technical side in order to get to grips with their platform and will involve 50% of your day coding. The long term requirements as a quantitative researcher.

I have been working on this role for the whole of May however the hiring manager hasn't quite found the right person. I am about to put my third and hopefully final shortlist together next week and am looking for a candidate who is PhD educated (Math’s, physics etc) i.e. highly numerate who is also a confident programmer that might just need a month working in C++ to get up to speed. Equally important is disposition, personality, temperament and excitement for the job. They are all experienced, intelligent individuals and so this person should ideally have some management experience - not to manage others as they operate a flat structure BUT in order to manage him/herself completely. They operate on a high collegial level. This person may have some lecturing experience as the ability to convey their thoughts and ideas to other team members clearly is very important.

Please leave me a voicemail and/or email asap if this could be a good fit.

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