At a Glance
- Tasks: Support Credit Traders with modeling, pricing, and risk management tasks.
- Company: Join a globally-renowned Investment Banking client in their Global Markets division.
- Benefits: Gain immediate senior-level exposure and work with a diverse global team.
- Why this job: Make a genuine impact on trading desks while developing your quantitative research and coding skills.
- Qualifications: MSc or PhD in a STEM discipline; experience in Financial Services; C++/Python coding skills.
- Other info: Interact with senior stakeholders across various departments and enhance your professional network.
The predicted salary is between 43200 - 72000 £ per year.
We are excited to be partnering with a globally-renowned Investment Banking client on a Front Office Quant mandate supporting Credit trading desks. This role offers immediate senior-level exposure within their Global Markets division, and offers a diverse range of responsibilities across quantitative research and coding, where the outputs make a genuine difference to the day-to-day running of the desk. Joining a global team with members in London, Europe, Asia and North America, the successful candidate will be responsible for supporting Credit Traders, who use client money to trade linear credit products such as Bonds, Credit Default Swaps, Indices, ETFs, Asset-Backed Securities and Collateralized Loan Obligations, in modelling, pricing and risk management tasks. The successful candidate will also play a pivotal part in developing, testing and implementing pricing and risk management tools, and assisting with the ongoing upgrading of the analytics library. In addition to applying technical skills in financial mathematics and coding, this role will see the successful candidate interacting with senior stakeholders in Trading, Structuring, Sales, Risk Management and Technology, and so requires stakeholder management and communication skills in interfacing with individuals from varied professional and academic backgrounds. Candidate requirements: An MSc or PhD qualification in a STEM discipline Experience working within the Front Office of a Financial Services organization Detailed knowledge of at least one of the credit products listed above and how they are priced C++ and/or Python coding skill. The pricing library is in C++ so candidates with this experience will be at an advantage.
Front Office Credit Quant - Associate employer: The FISER Group
Contact Detail:
The FISER Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Front Office Credit Quant - Associate
✨Tip Number 1
Make sure to familiarize yourself with the specific credit products mentioned in the job description, such as Bonds and Credit Default Swaps. Understanding their pricing mechanisms will not only help you during interviews but also demonstrate your genuine interest in the role.
✨Tip Number 2
Brush up on your C++ and Python coding skills, especially focusing on financial mathematics applications. Being able to showcase your coding proficiency in these languages can set you apart from other candidates.
✨Tip Number 3
Prepare to discuss your experience in stakeholder management. Think of examples where you've successfully communicated complex quantitative concepts to non-technical stakeholders, as this will be crucial in the role.
✨Tip Number 4
Network with professionals in the investment banking sector, particularly those working in Front Office roles. Engaging with them can provide valuable insights into the industry and may even lead to referrals for the position.
We think you need these skills to ace Front Office Credit Quant - Associate
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description and understand the responsibilities and requirements. Highlight your experience with credit products and quantitative research in your application.
Tailor Your CV: Customize your CV to emphasize your MSc or PhD qualifications in a STEM discipline, as well as your experience in the Front Office of a Financial Services organization. Include specific examples of your work with credit products and coding skills in C++ and/or Python.
Craft a Strong Cover Letter: Write a compelling cover letter that showcases your passion for quantitative finance and your ability to communicate effectively with diverse stakeholders. Mention any relevant projects or experiences that demonstrate your technical skills and stakeholder management.
Proofread Your Application: Before submitting, carefully proofread your application materials for any errors or inconsistencies. A polished application reflects your attention to detail, which is crucial in this role.
How to prepare for a job interview at The FISER Group
✨Showcase Your Technical Skills
Be prepared to discuss your experience with C++ and Python in detail. Highlight specific projects where you've applied these skills, especially in relation to financial mathematics or quantitative research.
✨Understand Credit Products
Make sure you have a solid understanding of the credit products mentioned in the job description, such as Bonds and Credit Default Swaps. Be ready to explain how they are priced and any relevant market trends.
✨Demonstrate Stakeholder Management
Since this role involves interacting with various stakeholders, prepare examples of how you've successfully communicated complex ideas to individuals from different backgrounds. This will show your ability to bridge gaps between technical and non-technical teams.
✨Prepare for Quantitative Questions
Expect to face quantitative questions during the interview. Brush up on your quantitative skills and be ready to solve problems on the spot, demonstrating your analytical thinking and problem-solving abilities.