MSc or PhD Quant recruitment
Alexander Black Recruitment is urgently looking for a Quant Analyst to join our high profile client.
I would also consider candidates who want to be based in Milan, Stockholm or Frankfurt.
Our client is a well-known Quant consultancy with a high academic pedigree. They offer the ability to work in multiple asset classes on multiple projects with a variety of very academic clients. This is a stable company so offers serious opportunities when banks are currently firing. The environment is focussed purely on derivatives in an academic yet business setting. With 70 quants in the business this is a role that will provide epic future career options.
The ideal quant would have been doing some form of model validation and will be facing quants and traders in this role.
Duties will include the supervision of analytical content of my client’s analytical products, and in this capacity will:
- Write prototypes and specifications for new models and algorithms approved for inclusion into analytical products.
- Provide guidance to software architects regarding the expectations of the final users for user interface and functionality.
- Benchmark and validate the analytical tools applied to real world data and instruments.
- Evaluate new modelling approaches by outside researches in terms of their theoretical validity and potential for acceptance by the customer base.
- Identify and explore of those opportunities for original model development.
- Interact with clients directly towards the resolution of particularly difficult or important quantitative issues.
Candidates MUST:
- Masters in a maths, stats, physics or quant finance
- Practical understanding of derivatives
- 3 years model validation experience
- 3 years commercial derivatives experience
- Experience of Stochastic modelling
- Quantitative modelling of financial instruments
- Excellent communication skills
Candidates should also be strong in several of the following:
- Calibration and efficient implementation of local and stochastic volatility extensions of the Black-Scholes model.
- Efficient calculation of Greeks using Monte Carlo.
- Accelerated simulations and semi–analytical techniques for options based on baskets of equities.
- Heuristic corrections to the BS pricing for barrier options.
- Hybrid modeling with stochastic interest rates.
My client is based in London but would consider candidates who want to be based in Milan, Stockholm or Frankfurt
If this sounds of interest then please send your most recent cv to banking@alexanderblackrecruitment.co.uk or call James Holland on 0207 590 3681