At a Glance
- Tasks: Support the London Equity Derivatives trading desk with analytics and valuation models.
- Company: Join a purpose-driven team in a high-performing culture at a leading bank.
- Benefits: Competitive salary, inclusive environment, and opportunities for professional growth.
- Other info: Fast-paced environment with excellent career advancement opportunities.
- Why this job: Make a real impact on trading strategies and risk management in a dynamic market.
- Qualifications: PhD or MSc/MFE in a quantitative field and strong programming skills required.
The predicted salary is between 80000 - 100000 £ per year.
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. The role is for an Associate Director within the Global Analytics and Financial Engineering team.
Accountabilities
The successful candidate will support the London Equity Derivatives trading desk, working closely with teams in Toronto and New York. GAFE is a critical function within the Bank’s Global Banking and Markets (GBM) division. The team develops derivatives valuation models and analytics used globally for pricing, hedging, risk management, trading limits, and capital calculations. Furthermore, GAFE supports the Trading desk on a daily basis and addresses various production issues. The accuracy and performance of these models have a direct impact on GBM’s competitiveness and profitability. The reliability and robustness of the analytics enable the business to efficiently assess and hedge risks.
Experience/Education
- PhD or MSc/MFE in Mathematics, Computer Science, Software Engineering, Physics, or a related quantitative discipline
- Experience in Equity Derivatives and Structured Notes, including valuation models
- Robust programming skills: Python, Java, C++
- Background in finite difference methods, Monte Carlo simulation
- Strong communication and interpersonal skills, with the ability to work effectively in a team environment
- Aptitude to thrive in a fast-paced environment with changing priorities
Location(s): England : Greater London : London (UK)
Associate Director, Quant employer: Scotiabank
Join a dynamic and innovative team at the forefront of financial analytics in London, where your expertise will directly influence the success of our Global Banking and Markets division. We pride ourselves on fostering an inclusive culture that values collaboration and professional growth, offering ample opportunities for career advancement and skill development. With a commitment to excellence and a supportive work environment, we empower our employees to thrive and make a meaningful impact in the world of finance.
StudySmarter Expert Advice🤫
We think this is how you could land Associate Director, Quant
✨Tip Number 1
Network like a pro! Reach out to folks in the industry, especially those who work in equity derivatives or analytics. A friendly chat can open doors and give you insights that job descriptions just can't.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills. Since this role involves programming and quantitative analysis, be ready to showcase your knowledge in Python, Java, or C++. We recommend doing some mock interviews to get comfortable.
✨Tip Number 3
Showcase your problem-solving skills! Be prepared to discuss how you've tackled complex issues in past roles. This will demonstrate your ability to thrive in a fast-paced environment, which is key for this position.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're genuinely interested in joining our purpose-driven team.
We think you need these skills to ace Associate Director, Quant
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that align with the Associate Director role. Highlight your experience in Equity Derivatives and any relevant programming skills, as we want to see how you can contribute to our team.
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 in quantitative disciplines makes you a perfect fit for our Global Analytics and Financial Engineering team.
Showcase Your Team Spirit:We value collaboration, so don’t forget to mention your interpersonal skills and any experiences where you’ve worked effectively in a team. We want to know how you can contribute to our inclusive and high-performing culture!
Apply Through Our Website:To make sure your application gets the attention it deserves, apply directly through our website. It’s the best way for us to receive your details and get you on the path to joining our purpose-driven team!
How to prepare for a job interview at Scotiabank
✨Know Your Numbers
As an Associate Director in Quant, you'll need to demonstrate your expertise in quantitative analysis. Brush up on key valuation models and analytics relevant to equity derivatives. Be prepared to discuss how you've applied these in past roles, as well as any challenges you faced and how you overcame them.
✨Showcase Your Programming Skills
With robust programming skills being a must-have, make sure you can talk confidently about your experience with Python, Java, or C++. Consider preparing a small coding example or discussing a project where you used these languages to solve a complex problem. This will show your technical prowess and problem-solving abilities.
✨Communicate Clearly
Strong communication skills are essential for this role. Practice explaining complex concepts in simple terms, as you may need to collaborate with teams across different locations. Think of examples where you've successfully communicated technical information to non-technical stakeholders.
✨Prepare for a Fast-Paced Environment
The role requires thriving in a fast-paced environment with changing priorities. Be ready to discuss how you've managed multiple tasks or projects simultaneously. Share specific examples that highlight your adaptability and ability to prioritise effectively under pressure.