Quant Business Analyst recruitment

My Client a Tier 1 Investment Bank based in London has a requirement for a Quant Business Analyst to joing their Equity Derivatives Team.

The cross functional project team is responsible for all Risk and PnL deliverables to the Equity Derivatives division.

Amongst its responsibilities are:

Strategy - Set and communicate Risk IT strategy for Equities Exotics

Requirements - Gather, elaborate and manage business requirements

Architecture - Build architectural solutions to realise business use cases

Solutions - Oversee and validate technical solutions proposed by the development teams

Relationships - Manage relationships with the Traders, Quants, Market Risk, Product Control and other IT groups

Management - Manage the full development lifecycle, from initiation to rollout and post rollout issues

The team is made up of Project Managers, Quantitative Business Analysts, Functional Analysts and Developers. Solutions Architect, Business Analysts, Quality Assurance engineers and Developers from the key systems also form a part of this team in a matrix structure.

Role:

It is essential for the successful candidate to have/be:

• A number of years of experience in the analysis, support and enhancement of a derivatives risk management system. This includes high volume enterprise-wide systems and tactical (i.e. excel based) solutions

• Strong knowledge of financial products and asset classes

• Excellent analysis skills and problem solving that can been demonstrated throughout career

• Strong knowledge of derivatives valuations, trading and hedging strategies

• Hands on knowledge of analytics libraries and how they integrate with Risk systems

• A highly detail-oriented approach to assessing requirements. Able to document open questions, issues and coordinate resolution with users

• Ability to fully document requirements and specifications to ensure development have clear guidelines on solution design and execution

• Driven and self-motivated personality. The need to be able to quickly understand how multiple systems operate and couple this to complex business requirements to produce solutions is key

• Team player – must be able to share knowledge with all team members within Risk IT

• A strong professional presence, be able to liaise effectively with all key stakeholders understand their perspective and build relationships quickly

• Experience within a global team working with colleagues and clients in multiple worldwide locations would be beneficial

• Good understanding of technology and how technology is used to solve business problems

• Good Excel skills

• Degree level qualification in a numerate subject

It is desirable for the successful candidate to have:

• Formal knowledge of mechanics of financial engineering gained by CQF/MSc Finance

• Experience of Exotic Equity Derivatives

• Working knowledge of SQL (Sybase or Oracle) and Unix

• Basic VBA

• Experience in requirements management processes

The person will be responsible for understanding the financial products, working with Quants traders to identify the new analytical models to optimally value the trades and working IT teams to migrate the products from existing Risk and PnL platform to the strategic platform models.

The role also requires an understanding of Risk and PnL systems and being able to steer the requirements to drive both strategic and tactical deliveries.