At a Glance
- Tasks: Develop and enhance bond analytics for credit products while supporting trading desks.
- Company: Join Jefferies, a leading firm in Fixed Income trading and risk management.
- Benefits: Enjoy a competitive salary, comprehensive benefits, and a flexible hybrid work environment.
- Other info: Collaborate with top professionals and mentor junior team members in a dynamic setting.
- Why this job: Make a real impact in the finance world with innovative analytics and technology.
- Qualifications: 8+ years in quantitative risk analytics; advanced Python skills required.
The predicted salary is between 80000 - 100000 € per year.
We are seeking a hands‑on Market Risk Quant to support the Fixed Income business and Risk Management function, with a focus on traded credit products including bonds, CDS, and structured credit instruments such as CLNs. This role will contribute to the pricing and risk management of credit products, while participating in the design, development, and enhancement of the in‑house bond analytics library. It is aligned with Jefferies’ strategic ambition to expand its bond trading and structuring activities, which are increasingly successful and profitable, and are driving continued investment in analytics capabilities and technology development.
Key Responsibilities
- Contribute to the development and implementation of the in‑house bond analytics library, including pricing models, curve construction, and credit spread modelling.
- Provide quantitative support to Fixed Income trading desks and Market Risk for traded credit products, including bonds, CDS/CDX, and CLNs.
- Develop and enhance models for pricing and risk measurement, including sensitivities (IR and credit spread), VaR, and stress testing.
- Oversee model development, validation, and production for risk measurement (VaR, sensitivities, stress testing) and pricing.
- Collaborate with cross‑functional teams to align analytics solutions with business and regulatory objectives.
- Mentor and develop junior team members, fostering technical excellence and innovation.
- Stay abreast of industry trends, regulatory changes, and technology advancements (including cloud‑based solutions).
Qualifications
- 8+ years of experience in quantitative risk analytics, financial modeling, and technology leadership.
- Demonstrated expertise in bonds, credit derivatives (CDS/CDX), and structured credit products (CDS, CLNs).
- Advanced proficiency in Python and quantitative/statistical modeling; experience with cloud platforms (AWS/Azure) is a plus.
- Proven experience in hands‑on model development and implementation in a production environment.
- Strong communication, leadership, and mentoring skills.
- Advanced degree in a quantitative field (Finance, Engineering, Mathematics, etc.).
Benefits
- Be part of a strategic initiative supporting Fixed Income trading and risk management capabilities.
- Work in a hybrid environment that values flexibility and work‑life balance.
- Collaborate with a team of highly skilled and innovative professionals.
- Competitive compensation package and comprehensive benefits.
Equal Employment Opportunity
Jefferies is an equal employment opportunity employer, and takes affirmative action to ensure that all qualified applicants will receive consideration for employment without regard to race, creed, color, national origin, ancestry, religion, gender, pregnancy, age, physical or mental disability, marital status, sexual orientation, gender identity or expression, veteran or military status, genetic information, reproductive health decisions, or any other factor protected by applicable law. We are committed to hiring the most qualified applicants and complying with all federal, state, and local equal employment opportunity laws. As part of this commitment, Jefferies will extend reasonable accommodations to individuals with disabilities, as required by applicable law.
Market Risk Quant – Fixed Income Credit Trading & Bond Analytics (Vice President) employer: Jefferies Financial Group
Jefferies is an exceptional employer that fosters a dynamic work culture, encouraging innovation and collaboration among its talented professionals. With a strong focus on employee growth, the company offers mentorship opportunities and a hybrid work environment that promotes work-life balance, making it an ideal place for those looking to advance their careers in market risk analytics within the vibrant financial hub of London.
StudySmarter Expert Advice🤫
We think this is how you could land Market Risk Quant – Fixed Income Credit Trading & Bond Analytics (Vice President)
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can help you land that dream job.
✨Show Off Your Skills
When you get the chance to meet potential employers, make sure to showcase your expertise in quantitative risk analytics and financial modelling. Bring examples of your work or even a portfolio if you have one. We want to see how you can contribute to the team!
✨Prepare for the Interview
Do your homework before the interview! Understand the company’s goals, especially around Fixed Income trading and risk management. We recommend practising common interview questions and preparing some insightful questions of your own to show your interest and knowledge.
✨Apply Through Our Website
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take the initiative to engage directly with us.
We think you need these skills to ace Market Risk Quant – Fixed Income Credit Trading & Bond Analytics (Vice President)
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Market Risk Quant role. Highlight your experience with credit products, quantitative risk analytics, and any relevant technologies like Python or cloud platforms. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background makes you a perfect fit. Don’t forget to mention your experience in developing pricing models and risk measurement techniques.
Showcase Your Technical Skills:Since this role requires advanced proficiency in quantitative/statistical modelling, make sure to showcase your technical skills clearly. Include specific examples of projects where you've developed models or worked with credit derivatives. We love seeing hands-on experience!
Apply Through Our Website:We encourage you to apply through our website for the best chance of getting noticed. It’s super easy and ensures your application goes directly to us. Plus, we can’t wait to see what you bring to the table!
How to prepare for a job interview at Jefferies Financial Group
✨Know Your Models Inside Out
Make sure you’re well-versed in the pricing models and risk measurement techniques relevant to bonds and credit derivatives. Be prepared to discuss your experience with model development, validation, and production, as this will show your hands-on expertise.
✨Brush Up on Industry Trends
Stay updated on the latest trends in fixed income trading and risk management. Familiarise yourself with recent regulatory changes and technological advancements, especially in cloud-based solutions, as these are crucial for the role.
✨Showcase Your Leadership Skills
Since mentoring junior team members is part of the job, be ready to share examples of how you've led teams or projects in the past. Highlight your communication skills and how you foster technical excellence within a team.
✨Prepare for Technical Questions
Expect technical questions that test your quantitative skills and knowledge of financial modelling. Practise explaining complex concepts clearly and concisely, as this will demonstrate your ability to communicate effectively with cross-functional teams.
