Job Expectations :
- A masters or PhD in quantitative fields such as math, statistics, engineering, physics, economics, computer sciences, etc.
- Min 5+ years of relevant experience in Securities Quantitative Analytics,
- Min 5+ years' experience in Rates Quant
- Excellent verbal, written, presentation and interpersonal communication skills
- Hands-on experience in programming in JAVA-8(functional programming)
- Good writing skills
- 5+ years' experience coding in Java or C++
Skills Expectations :
Look for candidates with hands-on experience in Model DevelopmentAcceptable if they have done Model Validation + Implementation, provided theyve also built / developed models.Models should be Front Office-focused (pricing, derivatives, XVA, FO libraries) - not Risk Models (credit risk, market risk, stress testing).Strong skills in Python + C++ (and Java for VP roles) with experience in calibration, testing, and deployment.Preference for exposure across Interest Rates, FX, Equity, Credit, Commodities, or XVA products.Experience in Valuation of an interest rate swap -Have worked on Stochastics calculusOOPS programming in C++ / JavaFunctional programming in JavaExp in C++ / Rust and Java, if not should have exp in C++In this role, you will :
Lead complex initiatives with broad impact and act as key participant in large-scale planning for Securities Quantitative AnalyticsWe are looking at a Rates Quant with C++ / java 8 (Functional Programming) proficiency to cater to the Interest Rates Options Desk.Work in our quant library in C++, as needed, to adapt our generic models to specific use cases.Understanding valuation of basic products like Treasury Bonds, Interest Rate swaps.Collaborate with and support Front office Trading, Technology Partners, and Model Validation / Governance teams.Lead complex initiatives with broad impact and act as key participant in large-scale planningfor Securities Quantitative Analytics
Review and analyze complex multi-faceted, larger scale or longer-term business, operational,or technical challenges that require in-depth evaluation of multiple factors including
intangibles or unprecedented factors
Use quantitative and technological techniques to solve complex business problemsConduct research on trading cost models, liquidity models, risk models, portfolio construction methodology, and signal Qualifications :Play an integral role on the trading floor on Interest Rates Options and help solve their problems.Participating in model development and deploymentParticipating in model software implementationWriting code (in Java 8-functional programming) and refactoring codeTesting and testing documentationParticipating in unit testing, large scale Quant testing, pre-integration testing, integrationtesting, regression testing, UAT
Debugging case preparation (to produce isolated cases to demonstrate the issues) for theRates Quants
Debug and conclude data issues / model input issuesPart of the model documentationProduction of health monitoring toolsParticipating in the creation, execution and development of Front Office test plansAnswering ad hoc questions from various stakeholders including US Front Office Quants, populating templates or creating new reports / extracts / results as requested by stakeholders(ref : hirist.tech)