Equity Quantitative Analyst

CIB Markets has expertise combined with deep local market knowledge to deliver a variety of risk management, financing and investment solutions to our clients. The CIB Markets team offers capabilities across origination, structuring, sales, trading and research. Offering a full suite of fixed income, currencies, commodities, equities and capital markets solutions, CIB has firmly established itself as a trusted partner with extensive on-the-ground knowledge and deep relationships.

Within CIB, the Modelling & Analytics Group (‘MAG’) is accountable for design, development and delivery of real-time pricing models, risk models, and core infrastructure, enabling pricing, market data, intra-day risk reporting capability, and portfolio level analytics including reporting and capital computation. The role of Quantitative Analyst will work in London or Singapore, focusing primarily upon model development activities for equity derivative pricing models, supporting both the Equity Derivative and Wealth businesses.

Key Responsibilities

• Working with traders, sales, structurers and other modellers to execute product development plans in line with business priorities.
• Awareness of the economic, market and regulatory environment in which FM operates, especially as regards model and analytics capabilities.
• Develop and maintain models and risk scenarios for the pricing and risk management of products across the Equity and Wealth desks.
• Provide troubleshooting, advice and resolution of any issues arising in Production with suitable updates to the analytics.
• Provide advice to Trading on the behaviour, assumptions, methodology and risks of the underlying models.
• Develop and maintain models for the pricing and risk management of equity derivatives products.
• Delivery of model documentation and testing material.
• Improving and maintaining existing analytics.
• Research into alternative models and numerical techniques as well as ongoing assessment of models published in industry or academic literature.
• Provide day-to-day support for relevant business units.

Skills and Experience

• Strong academic qualifications including a first degree, plus a Master’s or PhD, in a quantitative subject (Mathematics, Financial Mathematics, Physics, Engineering, Computer Science).
• Past experience developing/supporting/validating financial markets equities/pricing/risk models in an international bank.
• Good knowledge of numerical methods, stochastic calculus, and probability theory.
• C++ programming, Haskell nice to have.
• Knowledge of financial market products, market conventions and regulatory requirements.
• Fluent English.

What we offer

• In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.
• Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.
• Time-off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.
• Flexible working options based around home and office locations, with flexible working patterns.
• Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits.
• A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning.
• Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.