Quantitative Research – Credit – Associate or Vice President

Job summary:

As an Associate or Vice President in the Quantitative Research Credit team, your primary focus will be on pricing models, delivering analytics as well as ensuring the QR team provides an effective toolkit to the Credit Exotic business. The role covers all aspects of QR support, with a particular emphasis on assisting the desk with bespoke transactions, enhancing risk management capabilities, and modernizing the trading platform systems. Daily interaction with trading and structuring teams is expected, as the team rotates between positions within the broader Credit QR team and the trading desk.

Job responsibilities:

• Collaborate with trading and structuring teams globally (London, New York, Paris and Hong Kong) to ensure their needs are captured
• Support trading of bespoke and hybrid structures and assist in analyzing hedging effectiveness and understanding P&L sources
• Explain model behavior, conduct scenario analysis, develop, and deliver quantitative tools and support analytics
• Document ideas and implement solutions directly or coordinate with the broader team to achieve this
• Contribute to platform modernization by transitioning analytics to modern frameworks and decommissioning legacy systems
• Drive the automation agenda by minimizing repetitive tasks and contributing to the development of e-commerce platforms
• Write technical model documentation compliant with internal and regulatory standards and engage with model control teams to facilitate timely and efficient reviews and approvals

Required Qualifications, Capabilities, and Skills:

• Strong business and modelling knowledge from prior experience in fixed-income derivatives and exotics (credit or rates)
• You demonstrate exceptional analytical, quantitative and technical problem-solving skills with a structured mathematical approach and thought process
• You have an advanced degree in mathematics, statistics, physics, financial engineering or computer science
• You have at least 5 years of experience supporting a credit market-making desk or equivalent experience on both sell-side and buy-side firms
• You demonstrate an interest in good software design principles and familiarity with collaborative software development process in a dynamic and demanding environment
• You have a strong software design and data science skills
• You are a team player with excellent oral and written communication skills for interaction with trading, technology and control functions
• You demonstrate proactive attitude with a natural interest in learning about our business, models, and infrastructure
• You have ability to work effectively in a highly dynamic environment with an attention to detail and focus on quality deliverables

Preferred Qualifications, Capabilities, and Skills:

• You have a Ph.D. in a numerate subject from a top academic institution
• You demonstrate experience in in Python and C++

#JPKR

#J-18808-Ljbffr