At a Glance
- Tasks: Join our team as a Quantitative Strategist, tackling complex financial products and risk analysis.
- Company: Work with one of the world's largest sovereign wealth funds, gaining global exposure.
- Benefits: Enjoy a dynamic work environment with opportunities for mentorship and professional growth.
- Why this job: Be at the forefront of investment strategies, collaborating with industry leaders and innovative thinkers.
- Qualifications: Bachelor's or Master's in a quantitative field; strong Python programming skills required.
- Other info: Ideal for those passionate about structured products and advanced quantitative techniques.
The predicted salary is between 72000 - 108000 £ per year.
Job Description
AVP/VP, Quantitative Strategist, Fixed Income & Multi Asset & Structured Products – Alternative Credit
Location:London
Job Type:Permanent
Overview
Working with one of world’s largest sovereign wealth funds with global reach. This will give you exposure to an extraordinary network of the world’s industry leaders. As a leading global long-term investor, this is a great opportunity to work at the cutting edge of investments.
Investment Insights Group
The a team of quantitative researchers and data scientists residing in each asset department to harness alternative data and advanced quantitative methods to generate superior investment performance. While quantitative researchers reside within specific asset departments alongside investment teams, they are also part of the broader quantiative community, which provides ongoing capability development in quantitative techniques, functional mentorship, and exposure to cross-asset projects.
What impact can you make in this role?
We are seeking a highly skilled and motivated Quantitative Strategist to join our Alternative Credit Group (ACG). This role offers the opportunity to work on complex financial products, including structured products and other forms of asset-backed financing. The ideal candidate will have a strong quantitative background, excellent programming skills, and a deep understanding of structured products.
What will you do as a Quantitative Strategist?
- Risk Analysis: Understand the mechanics of structured products and apply this knowledge to model development and risk analysis.
- Quantitative Techniques: Apply advanced mathematical and statistical techniques to solve complex problems and make data-driven decisions.
- Financial Modelling: Develop and maintain financial models in Python, ensuring they accurately represent financial scenarios and risks.
- Data Management: Work with AWS and databases to manage and analyse large datasets.
- Communication: Communicate complex quantitative concepts and solutions effectively to stakeholders, including traders, portfolio managers, and risk managers.
- Collaboration: Collaborate with other teams, including technology, risk management, and trading, to integrate quantitative models into broader business processes.
What qualifications or skills should you possess in this role?
- Bachelor's or Master's degree in a quantitative field such as Mathematics, Statistics, Physics, Engineering, Computer Science, or a related field.
- Strong programming skills in Python, with experience bringing code to production.
- Solid understanding of structured products and their mechanics.
- Strong mathematical and advanced statistical skills.
- Experience in coding financial models in Python.
- Familiarity with AWS and database management.
- Problem solving skills with the capacity to understand an issue and propose solutions.
- Excellent communication skills, with the ability to explain complex concepts to non-technical stakeholders.
Preferred:
- Advanced degree in a quantitative field.
- Experience with other programming languages or tools used in quantitative finance.
- Experience in working with Intex Performance and Loan level data.
- Prior quantitative work in asset backed financing space
- Good to have experience with delinquency, prepayment, recovery modelling for structured products.
VP of Quant Strategy - PSD employer: PSD
Contact Detail:
PSD Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land VP of Quant Strategy - PSD
✨Tip Number 1
Network with professionals in the finance and quantitative fields. Attend industry conferences, webinars, or local meetups to connect with individuals who work in similar roles. This can help you gain insights into the company culture and potentially get referrals.
✨Tip Number 2
Showcase your programming skills by contributing to open-source projects or creating your own financial models. This not only demonstrates your technical abilities but also gives you practical experience that can be discussed during interviews.
✨Tip Number 3
Stay updated on the latest trends in quantitative finance and structured products. Follow relevant blogs, podcasts, and publications to ensure you can speak knowledgeably about current developments during interviews.
✨Tip Number 4
Prepare for technical interviews by practising problem-solving questions related to risk analysis and financial modelling. Use platforms like LeetCode or HackerRank to sharpen your coding skills in Python and tackle quantitative challenges.
We think you need these skills to ace VP of Quant Strategy - PSD
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your quantitative skills, programming experience in Python, and understanding of structured products. Use specific examples from your past work that demonstrate your ability to solve complex problems and develop financial models.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your background aligns with the responsibilities of a Quantitative Strategist and mention any relevant projects or experiences that showcase your expertise in alternative credit and structured products.
Showcase Your Technical Skills: Include a section in your application that details your programming skills, particularly in Python, and any experience you have with AWS and database management. If you have worked on financial models or quantitative research, be sure to highlight these achievements.
Prepare for Interviews: If selected for an interview, be ready to discuss your quantitative techniques and problem-solving approaches. Prepare to explain complex concepts clearly, as you may need to communicate your ideas to non-technical stakeholders. Practice articulating your thought process and methodologies.
How to prepare for a job interview at PSD
✨Showcase Your Quantitative Skills
Be prepared to discuss your quantitative background in detail. Highlight specific projects where you've applied advanced mathematical and statistical techniques, especially in relation to structured products. This will demonstrate your capability to handle the complexities of the role.
✨Demonstrate Programming Proficiency
Since strong programming skills in Python are crucial for this position, be ready to share examples of how you've used Python in financial modelling or data analysis. If possible, bring along a portfolio of your work or code snippets that showcase your ability to bring code to production.
✨Understand the Business Context
Research the company’s investment strategies and recent projects, particularly in alternative credit and structured products. Being able to discuss how your skills can contribute to their goals will show that you’re not just technically proficient but also aligned with their business objectives.
✨Communicate Complex Concepts Clearly
Prepare to explain complex quantitative concepts in simple terms. Since you'll be communicating with non-technical stakeholders, practice articulating your ideas clearly and concisely. This will highlight your communication skills and your ability to collaborate effectively across teams.