A Chicago based Equity Trading firm is looking for an experienced trader/risk manager/asset allocation analyst to join the firm's Equity Portfolio team. The company has access to exchange listed derivatives, equities, commodities and selected cash markets. The role will be responsible for overseeing daily trading operations of the firms low latency-high frequency portfolios and will include: managing and evaluating existing strategies, managing and defining risk and capital usage, generate new quantitative trading ideas, oversee the quantitative research, software development and implementation of these strategies. The ideal candidate must have 2-5 years of actual trading experience with a high frequency-equity firm, experience allocating capital to high frequency traders, have an advanced degree in a quantitative field [Stats, Financial Modeling], and have demonstrated programming experience with SQL, R, Perl and UNIX. The role requires macro trading expertise combined with a stats background with current programming skill. This is a role for a creative thinker/problem solver who be directly involved in the main revenue generation business for the firm. Candidates from all asset classes are encouraged to apply.

A financial derivatives firm in NY is looking for an experienced sales person for its new automated Reconciliation, Confirmation and Margin Management Service for OTC Derivatives. The firm has created a network service that allows OTC derivative counterparties to identify trade discrepancies, highlight trade exceptions, manage collateral and margin and provide an electronic interface to solve and re-solve problems. The sales role is to represent the firm to mid-tier, regional financial institutions, [Credit Unions, Regional Banks, Regional Broker-Dealers]. Candidates must have deep understanding of the lifecycle of Derivative trades, [processing, settlement, and confirmation] and be able to work with clients and customer service team on operational and margining issues. Candidate should also understand the complexities of derivatives pricing and counterparty risk. Candidates who have asset servicing experience and the personality to work with clients should also apply.

Keywords: Asset Servicing, Collateral Management, Settlements, Reconciliations, Sales, OTC Derivatives, Margin Management, Dispute Resolution

My client a Top Tier American Investment Bank is seeking an experienced individual with a background in model validation to join the highly technical Derivatives Mod Val group in New York. The role will allow the successful applicant to further develop their knowledge of derivatives pricing models review with a specific focus on interest rates and FX. Working directly with the Head of Model Validation, you will assume a senior position (Vice President) within the team and will have a degree of responsibility for the supervision of more junior members of the group. This is a progressive and dynamic role with superb opportunities for promotion and future levels of remuneration.

Responsibilities:
-Candidate will be analysing and benchmarking current models, and be given the opportunity to build their own models, which will be largely used by the trading desk.
-Stress testing current models and identifying any potential risks that might affect the trading products.
-Managing all risk scenarios by planning solutions in advance.
-Supporting and assisting all senior traders, working closely with them most days.
-Candidate will be working predominantly with FX/Interest Rate and Inflation products, and will be gaining valuable insight into the rest.

Ideal experience of candidate:
-The successful applicant will ideally be able to demonstrate a proven track record validating and reviewing models for front office trading and structuring teams preferably with a direct experience of interest rates or FX derivatives.
- Excellent programming skills e.g. C++, VBA or Java
- PhD or equivalent in Mathematics, Physics or similar discipline.
- Excellent level of Financial Mathematics i.e. stochastic calculus, PDE modelling, binomial trees, etc.

To apply, or for further information, please submit your CV in word document format to quantexotic@selbyjennings.com or call +44 (0) 207 019 4137

Excellent opportunity for Junior Commodity Candidates wanted to join a thriving Commodity team with a Top Tier Investment Bank.

This top tier Investment Bank has been enjoying a successful year, and is predicting further success for 2012. This international leading bank is now opening its doors at its offices in Houston, to expand their renowned Commodity derivatives Quant team. This team is known well in the market for its exceptional training scheme and opportunities to work with some of the best Quants and traders in the business. They are looking for exceptionally talented junior candidates who are able to come on board and hit the ground running.

Skills, education and experience:
-Candidates with internship experience or some experience working in a Fixed Income/Commodity team is desired.
-Good knowledge in Stochastic Calculus, Statistics, Backward Stochastic Differential Equations.
-Knowledge in programming languages such as C++, VBA, Matlab, Latex.
-PhD in Mathematics/Financial Engineering/Physics or other related subject. Those from a top University will be at an advantage.

Responsibilities:
-Delivering stochastic models and dynamic hedging to exotic and derivative traders.
-Supporting the senior traders on the desk, clarifying model performance and results to traders.
-Will be working with models to ensure correct pricing of Commodity products.
-Developing and creating new models.
-Assessing appropriateness of benchmarks and methodologies used in parameter testing and reserve calculations for the trading portfolio.
-Reporting directly to the Managing Director, who is very well known internationally in the market.
-Identifying potential sources of risk and conduct scenario analysis.

This bank has an exceptional team with outstanding opportunities, which offers a generous salary.

To apply please contact quantexotic@selbyjennings.com with CV in word format.
www.selbyjennings.com
+ 44 (0) 207 019 4137

This Front Office Quant team are market leaders in this APAC industry and have established their team as a top quantitative team in Hong Kong. This is a top tier American Investment bank with an outstanding reputation of producing the most high calibre models in the FX and IR exotics derivatives. The atmosphere is very interaction and quants joining this team would be exceptional technically and have the ability to explain complex ideas to a number of senior management figures in the bank. The successful candidate must have solid experience working with FX or IR products and cannot be afraid of taking risks and breaking boundaries, as this bank are frontiers for benchmarking the markets.

Responsibilities for the Front Office FX Quant Analyst role:
- Candidates will be looked at with between 1 – 5 years experience and compensation will relevant to candidate’s experience levels and exposure to the products and markets.
- You will be modelling and implementing models in the quant library in C++ daily, which requires large amounts of interaction between yourself, your team, traders, structurers, the risk departments and business managers.
You will have the ability gain an in-depth understanding of both the FX and IR derivatives markets and have the chance to gain product exposure to various asset classes.
- You will be working with PDE solvers, jump diffusion, LMM, BGM, HJM etc.
- Supporting the FX and IR Trading desk, assisting and supporting their use of the models created by Front Office. You will also write a tool for back-testing trading strategies and writing “rapid responses” for structurers and traders.
- The ability to develop pricing and calibration tools will also form part of the daily duties.
- Coming from a business perspective, you will need to be able to benchmark and compare results of various techniques and implement products using pricing engines and models.
- Rapid prototyping of models and products will be included.

Ideal background of the successful candidate:
- Previous Foreign Exchange or Interest rates product experience is ideal, but other backgrounds may be considered if the skill sets are transferrable.
- Must come from a Front Office Quant Analyst team, and looking for a bigger challenge or the chance to work with hybrid models.
- Exceptional coding skills and solid programming skills, e.g. C++, VBA.
- Excellent level of Financial Mathematics i.e. stochastic calculus, PDE modelling, binomial trees, etc.
- PhD in Maths/Physics/Financial Engineering (or any other quantitative subject) from a top-school.

To apply for this exceptional position you will need to have an excellent technical skill set and be able to take on this challenging role from day one. If you are interested in working at a top IB, please contact us by submitting your CV in word format to quantexotic@selbyjennings.com or alternatively phone us on +44 207 019 4137

My client is one of the world’s leading financial software hubs at the forefront of international financial information. After consistent growth and with innovative views to expand they are now looking to bring on board a C++ Senior Software Developer within the Derivatives Application space. These plans to expand in the derivative space are to create a one stop shopping tool for market professionals with a system that includes structuring, pricing, data, valuation, and risk and lifecycle management for a wide variety of derivatives and structured products to compliment their strengths in connectivity, and market data. Therefore, in order to build this system the Derivatives Application space is ideally looking for a highly technical, hands-on developer with deep financial knowledge within the interest rate derivatives, equity derivatives or market data space. The successful C++ Senior Software Developer will look to assert their skill-set set on a large team of developers as the technical guru and provide dynamic and innovative ideas to drive these initiatives forward. The group is rapidly growing and expanding its coverage into the pricing and structuring of exotic swaps and options, caps and floors, range accruals, asset swaps, structured notes, volatility sensitive products and convertible bonds as well as building an evaluated pricing service and cross-asset risk system.

C++ Senior Software Developer/Technical Lead – Derivatives Application, New York, NY will require the following skill-set;

• Strong and extensive C++/C/UNIX development skills
• 2+ years of designing and developing software to structure, analyze and price derivatives
• Experience with industry standard tools for code coverage, debugging, performance profiling, memory management, and code coverage. For example dbx, Purify, Quantify
• Experience with at least one source code management tool such as CVS, Clearcase, Perforce, etc
• Good understanding of derivative products such as swaps, exotic options, FRAs, convertible bonds, futures, structured notes
• 5+ years of professional software development
• Strong communication skills
• Strong problem solving and analytical skills

Responsibilities for C++ Senior Software Developer/Technical Lead – Derivatives Application, New York, NY;

• Design, code, implement, and test new features and modules in interest rate, structured notes or convertible bonds applications.
• Work with product managers to translate and understand accurately product specifications
• Project management including estimation, scheduling, milestone tracking verification, risk management, and project status reporting.
• Responsible for bug fixing issues with the software applications.
• Mentoring junior developers.

This is a fantastic opportunity for an experienced developer to come on board a worldwide prestigious firm and really have their highly technical skill-set valued amongst a group of exceptional developers. As technical lead of a brand new project, building a system with the derivative space there is scope to apply very new and dynamic ideas to a series of products. Top performers are always rewarded with unbeatable bonuses and benefits.

To apply for this position please contact cplusplus@selbyjennings.com or call 212 231 8223

Key Skills: C++, Unix, STL, Boost, Debugging, Multithreading, Interest Rate Derivatives, Communication, Computer Science, New York, USA

A unique opportunity has arisen for someone to join a start up Long/short credit fund in New York.
This fund was created in 2009 by former MD/senior prop traders of one of the biggest banks in the world.
They are looking to expand on their impressive growth since it’s foundation and require a Senior Quantiative Analyst to head up their Analytics team.
Primarily this will be building and supporting their analytics library and risk system, candidates who have experience doing this previously will have a substantial advantage over other applicants.
Beyond initial work on their analytics library they are looking for someone who is comfortable in an autonomos role who can contribute in other areas, such as developing trading strategies and working closely with the traders in a dynamic environment.

The ideal candidate will have experience and criteria matching the below.

• Understand bonds, CDS, index, tranche, and credit option pricing models
• Min 4-5 years experience developing risk/pricing analytics, understand how analytics interoperate with the rest of the components of the risk system (UI, DB etc).
• Strong experience in C++, working knowledge of SQL
• Experience with Bloomberg, Markit data connectivity
• Basic understanding of c# and user interface development is a plus, but not essential
• Exceptional Academic background educated to minimum Masters level
• Very good communication skills
• Entreprenuerial flair
• Ambitious personality

This is an exceptional opportunity to be involved in an exciting project at the ground level where unrivalled compensation is possible within a few years.
Keywords:
Quantitative Analyst; Front Office; Credit; CDS; CDO; Derivatives; Financial Engineer; C++; New York; USA; Hedge Fund; Buy Side;
To apply please contact quantexotic@selbyjennings.com with CV in word format or call + 44 (0) 207 019 4137.
www.selbyjennings.com

A NY based Financial Firm is looking to add a Derivatives Sales professional to market Fixed Income, Cross Currency and Credit Derivatives solutions to institutional customers in the US. The firm is building-out its fixed-income analytics infrastructure for the valuation of OTC and exchange-traded derivatives (such as swaps, swaptions, cross currency swaps, total return swaps, in addition to treasury and commodity futures and options. Candidates should have 5 - 7 yrs of relevant, hands-on sales experience and be equally comfortable working directly with major Institutional Clients and internal Product Development teams. The candidate should have broad and in-depth knowledge of fixed income and derivatives math in conjunction with expertise in OTC derivatives and the components of their analytical valuation such as discount curves, forward rates, Black Scholes option pricing and convexity bias. This position offers a base salary, competitive bonus and a comprehensive benefits package. This position can be a great next role for someone who has either derivative sales or trading experience. Strong communication skills and client facing skills are a requirement.

Investment bank is looking for a prime brokerage risk specialist from a fixed income or equity background in Toronto.
An investment bank in Toronto is looking to expand its prime brokerage risk group with this key front office hire. The group is looking for a front office focused candidate with experience in either traded market risk management or trading on fixed income or equities.

The Prime Brokerage Risk Management is responsible for managing and monitoring exposure to hedge fund PB clients. This includes monitoring of current clients margin loan exposure, assessing the risk of new business lines, and developing methodologies to improve portfolio lending activity. The client list of Prime Brokerage is constantly evolving with existing and new clients pursuing new strategies and trading new securities. Individuals must perpetually maintain their understanding of market dynamic, their knowledge of new products and awareness of market risks across both Equity and Fixed Income.

The prime brokerage risk manager will have the following responsibilities:

• Manage the firm's market risk in relation to the lending facility it provides to its hedge fund clients.
• Setting requirement/leverage levels by analysing client portfolios and monitoring these through out to make sure the appropriate levels are always in place.
• Development of new margin methodologies/policies, both with regards to improvement of current ones and including new products.
• Development of internal risk tools, such as various types of stress and scenario analyses.
• Heavily involved in the PB marketing efforts by taking part in client pitches, discussing the firm's risk policy and leverage levels provided, as well as talking about the risk tools provided to clients in the PB offering.
• Various client facing responsibilities, such as dealing with general risk issues, negotiating term agreements and presenting to clients at client teach ins.
• Development of the working relationship and procedures between risk management team and collateral management.
• Additionally involved in looking at the firm's risk and policies/procedures in relation to equity linked listed derivatives.

The successful candidate will have the following background and skill set:

• Experience of fixed income and equities with product exposure to swaps, bonds, fx options and particularly REPO's.
• Must have experience in either a top PB Risk Group or alternatively a top Fixed Income exotics trading position
• Evidence of an excellent analytical mind
• Understanding of prime brokerage, derivatives, risk management, collateral management
• The individual should have strong academics, be highly motivated, possess an analytical approach and be adaptable
• Strong technical skills and superior problem solving capabilities
• Understand financial transactions (at a fundamental level) and the risk associated with them
• A team player who is a reliable and proactive self starter with an ability to communicate effectively at all levels, both internally and externally

Please send all applications to risk@selbyjennings.com

Top tier Investment bank seeks a VP flow rates quant. The role will consist of implementing new models, along with Excel based pricing and risk tools, Swap, Bond.....yield curve.
Strong product knowledge, C++ and Excel Skills.

Front Office Calypso Business Analyst - Front Office (Calypso, Business Analyst, Equity Derivatives, Derivatives, Equity, Business, Analyst) - Holland
€900 per Day
Start date: - 27.02.2012
Front Office Calypso Business Analyst - Front Office (Calypso, Business Analyst, Equity Derivatives, Derivatives, Equity, Business, Analyst) - Holland
A leading Global Investment Bank is seeking a strong Front Office Calypso Business Analyst to come on board in their highly renowned Equity Derivatives trading team. The Project is to upgrade, build out and improve their current trading platform using a wide range of business initiatives. The successful Candidate will be familiar with implementations, upgrades, curve configurations, trading strategies, defining and documenting Front Office business requirements, performing gap analysis and is comfortable dealing with traders, Market Risk, Quant's and developers.
Responsibilities for – Front Office Calypso Business Analyst - Front Office
• Provide functional Calypso Software expertise and configuration services
• Attempt to solve client bugs onsite or assist client with bug follow up and liaise with Traders
• Advise and guide client on Calypso Software related matters and specific requirements during the upgrade and implementation of Calypso Software.
• Will be required to mentor more junior members of the Calypso team across multiple areas of the business
The Person - Front Office Calypso Business Analyst
• Extensive and justifiable experience on the Calypso Platform (3+ Years)
• Are enthusiastic and passionate about problem solving
• Versatile and flexible in a fast paced and exciting award winning environment.
• Equity Derivative domain knowledge is essential
• Strong Mentoring Capability and Business Analysis skills.
The Successful Front Office Calypso Business Analyst will be participating in a large scale upgrade project; therefore communication skills and attention to detail are of upmost importance. There will also be regular interaction with traders, therefore domain knowledge in the Equity Derivatives field is essential.
Front Office Calypso Business Analyst - Front Office (Calypso, Business Analyst, Equity Derivatives, Derivatives, Equity, Business, Analyst) - Holland

Top Tier Investment Bank looking for an experience Quantitative Analyst to join the rapidly expanding group in New York City.

The successful individual will take on a broad amount of responsibilities from day one, including model research and development, pricing and risk investigation, discussions with the trading desk, and software development. They will be offering the candidate an exceptional training regime which will see them fast-track to managerial level in no time, with their aim to continue to grow the business as they are constantly seeking out ways to expand.

Responsibilities:
-Supporting interest rate trading desk on a daily basis
-Explain model behaviour and predictions to traders, identify major sources of risk in portfolios, carry out scenario analyses and provide guidance.
-Develop models and implement them in software for pricing and risk managing derivatives
-Develop pricing and calibration tools
-Benchmark and compare results of various techniques
-Implement products using pricing engines and models
-Rapid prototyping of models and products

Ideal background of the successful candidate:
-You will have had experience in another Quant Analyst team, with solid experience with Interest Rates or inflation.
-Excellence in probability theory, stochastic processes, partial differential equations and numerical analysis
-Very strong analytical and problem solving abilities
-C/C++ coding with emphasis on numerical methods
-Good communication skills.a
-PhD or equivalent degree in Mathematics, Mathematical Finance, Physics or Engineering

This group offers exceptional compensation and benefits for the right candidate.


To apply or for more information please contact quantexotic@selbyjennings.com
+44 207 019 4137, www.selbyjennings.com

Our client is a leading Hedge Fund based in Hong Kong who is expanding and growing at an exceptional rate.
Currently at $1billion AUM they are seeking expansion opportunities which includes adding an equity modeler to the team.

Summary: Incumbent in this position is responsible for quantitative modelling and statistical
work and implementation. Collaborate with internal Quantitative Team, Portfolio Managers and Traders.

Essential Duties and Responsibilities:

 Review all internal models currently being used on equities
 Finalize internal library for options/variances and some other light exotic products
 Work with all aspects of modeling for new strategies (cross asset)
 Develop and implement high frequency options trading
 Partner with Quant team to finalize time series scoring/rankings for PMs
 Assist Quant Team to finalize a comprehensive analysis tool for back testing platform
 Partner with PMs on portfolio/new products /stress testing/understanding
 Work with PMs to implement new pay offs
 Other duties may be assigned to meet business needs.

Job Requirements:
 The ideal candidate should have recently completed a PhD/Master in
Finance/Economics/Statistics/Computer Science.
 Extensive experience in trading/pricing/structuring complex equity derivatives for hedge
funds.
 Product knowledge; down dispersion swaps, option on dispersion, timer options, calendar
dispersion spreads, basket skew swaps, etc.
 Candidate should have excellent programming skills in Matlab, and should be familiar
with recent advances in asset pricing and Bayesian econometric literature. Familiarity
with structured query language and experience building and using robust statistical
financial models is a plus.
 Strong knowledge of equity markets, understanding of options is a plus.

Quantitative Analyst; Front Office; Equity; Exotics; Vanilla; Derivatives; Trading; trader; High Frequency; C++; Vice President; Director; Hong Kong; Hedge Fund; Buy side;
To apply please contact quantexotic@selbyjennings.com with CV in word format or call + 44 (0) 207 019 4137.
www.selbyjennings.com

My client is a leading global financial institution, with a huge emphasis on cutting edge technology and innovation. As part of a business critical, global project, the firm is looking to build from scratch a green-field derivatives structuring and pricing system in New York. This system will be rolled out across FX Options, IR Swaps, Structured Products and Equity Derivatives and the team is lead by an extremely senior and well respected Quantitative Analyst in New York. The team is seeking a junior quantitative developer to take a key role in the design and development of the system. The ideal candidate will need a hybrid skill set, with expertise in both software engineering as well as mathematics. You will be extremely hands on, programming in a range of languages (largely C++, python, C#) and working closely alongside a team of quantitative analysts.

The ideal candidate for Junior C++/Python Derivatives (FX Options/Interest Rates Swaps) Quantitative Developer – New York will require the following skill set;

• C++
• C#/Python
• Strong quantitative background
• Experience of the full software development lifecycle
• Derivatives Experience
• Strong Academic Background – Ideally Computer Science/Phyics/Mathematics
• Great communication skills

Responsibilities for Junior C++/Python Derivatives (FX Options/Interest Rates Swaps) Quantitative Developer

• Take a key role in the design of a green-field derivatives pricing system
• Integrate portfolio warehouse
• Work in a team of software developers and quantitative analysts
• Communicate with business managers
• Report to the Head Quant in New York
• Learn new technologies
• Understand and learn a wide range of financial derivatives

This is a great opportunity for a junior developer/quantitative developer to take a key role in an exciting new project in a leading global firm. The role will give you a huge amount of quantitative exposure as well as the opportunity to learn a number of new and innovative technologies. The role is suited to a strong technologist (perhaps coming from a bank, hedge fund, software firm) looking to gain more finance and quantitative exposure. Compensation will be very competitive and you will join a dynamic, stimulating and collaborative environment. For much information please contact cplusplus@selbyjennings.com or call 212 231 8223.

Selby Jennings is currently mandated to fill a role within a Top Investment Bank who are looking to hire a senior candidate within their Model Validation Team. The position is the lead role covering CVA for all Fixed Income Exotics. The position will cover CVA and counterparty risk methodologies including CCDS, CVA,PD/EAD models, PFE and others; yet with a main focus on validation of key derivative pricing models. The group is highly dynamic with significant investment into it and has as a result seen extremely successful growth over the last number of years. The bonuses within the team are completely performance related with top performing individuals seeing 100%. Given the focus is on CVA the work is exciting and someone entering this team, at this level, can genuinely add value.

The successful candidate is likely to have the following background:
• 4+ years experience in a front office or model validation role within an Investment Bank.
• Experience in Derivative pricing models across CVA / Counterparty risk including Interest Rate Exotics, Credit, FX and Equities.
• Outstanding knowledge of exposure models.
• PhD in a Mathematics, Physics or Engineering.
• Outstanding ability to communicate with different internal stakeholders including traders, sales, front office quants, risk and IT.
• Strong knowledge of C++ and VB.

The position offers outstanding progression and the chance to join a team with a ‘get the job’ done mentality. Each individual in the group is an absolute expert in their field.

Please apply directly and refer all enquiries to quantexotic@selbyjennings.com, +44 (0) 207 019 4137

My client is one of the world’s leading financial software hubs at the forefront of international financial information. After consistent growth and with innovative views to expand they are now looking to bring on board a C++ Senior Software Developer within the Derivatives Application space. These plans to expand in the derivative space are to create a one stop shopping tool for market professionals with a system that includes structuring, pricing, data, valuation, and risk and lifecycle management for a wide variety of derivatives and structured products to compliment their strengths in connectivity, and market data. Therefore, in order to build this system the Derivatives Application space is ideally looking for a highly technical, hands-on developer with deep financial knowledge within the interest rate derivatives, equity derivatives or market data space. The successful C++ Senior Software Developer will look to assert their skill-set set on a large team of developers as the technical guru and provide dynamic and innovative ideas to drive these initiatives forward. The group is rapidly growing and expanding its coverage into the pricing and structuring of exotic swaps and options, caps and floors, range accruals, asset swaps, structured notes, volatility sensitive products and convertible bonds as well as building an evaluated pricing service and cross-asset risk system.

C++ Senior Software Developer/Technical Lead – Derivatives Application, New York, NY will require the following skill-set;

• Strong and extensive C++/C/UNIX development skills
• 2+ years of designing and developing software to structure, analyze and price derivatives
• Experience with industry standard tools for code coverage, debugging, performance profiling, memory management, and code coverage. For example dbx, Purify, Quantify
• Experience with at least one source code management tool such as CVS, Clearcase, Perforce, etc
• Good understanding of derivative products such as swaps, exotic options, FRAs, convertible bonds, futures, structured notes
• 5+ years of professional software development
• Strong communication skills
• Strong problem solving and analytical skills

Responsibilities for C++ Senior Software Developer/Technical Lead – Derivatives Application, New York, NY;

• Design, code, implement, and test new features and modules in interest rate, structured notes or convertible bonds applications.
• Work with product managers to translate and understand accurately product specifications
• Project management including estimation, scheduling, milestone tracking verification, risk management, and project status reporting.
• Responsible for bug fixing issues with the software applications.
• Mentoring junior developers.

This is a fantastic opportunity for an experienced developer to come on board a worldwide prestigious firm and really have their highly technical skill-set valued amongst a group of exceptional developers. As technical lead of a brand new project, building a system with the derivative space there is scope to apply very new and dynamic ideas to a series of products. Top performers are always rewarded with unbeatable bonuses and benefits.

To apply for this position please contact cplusplus@selbyjennings.com or call 212 231 8223

Key Skills: C++, Unix, STL, Boost, Debugging, Multithreading, Interest Rate Derivatives, Communication, Computer Science, New York, USA

Top US trading house is currently seeking an expert quantitative modeller for a quantitative analyst role supporting the equity derivatives desk.

The team is responsible for all exotic equity as well as fund derivatives modelling for EMEA, supporting the traders with model requirements and day to day ad-hoc requests, as well as the long term project of building a new analytics library to cover all equity and hybrid projects. The team is currently using a legacy library, and enhancement of this is a big priority, therefore this role gives the successful candidate the opportunity to be part of a critical new project and get real modelling experience building something from the ground up.

This role is an ideal opportunity for a quant who has been working on an existing legacy system who is looking for a role that is more progressive and actually allows you to get hands on experience building models from scratch and truly understanding the models in more detail. Obviously the models will need to be implemented and therefore the candidate must have a good level of object orientated programming in either C++ or Java.

Responsibilities:

-Building derivative pricing and risk management models for the trading desk
-Model simulation and scenario testing of stochastic pricing models.
-Implementation of models into a new analytics library.
-Helping the developers with the library infrastructure and model implementation
-Supporting the traders with model requirements and research.
-Ad-hoc quant support to the front office and senior management.

Qualifications:
-Excellent level of financial mathematics: stochastic calculus, brownian motion, Monte Carlo, PDE’s, statistical modelling.
-Excellent programming skills required, C++, Java and experience of model implementation.
-Top post graduate degree, preferably PhD in a quantitative subject. Those from the French engineering (DEA) background are also sought. Background in Mathematics, Physics, financial engineering or other quantitative field.
-Strong communication skills. Ability to explain complex research to different areas of business.

To apply or for more information please contact quantexotic@selbyjennings.com
www.selbyjennings.com, 0207 019 4137

This Front Office FX and Hybrids Quant team are market leaders for the work they have done so far. This is an award winning international American Investment Bank and are known for their forward thinking approach to finance and the complex products it trades. The successful candidate must have solid experience working with FX products and hybrids and cannot be afraid of taking risks and breaking boundaries, as this bank are frontiers for benchmarking the markets.

The Intermediate Quantative Analyst position is a very demanding front office position. The Intermediate Quantitative Analyst sits on the Derivatives Trading desk and working side by side with the Traders. The Analyst works with sophisticated derivatives traded in the market, which requires not only programming skills, analytic skills, but also deep understanding of market. They develop derivative pricing models and risk management infrastructures, so that the derivative products can be fairly priced and risk managed. The ever changing market environment and the increased sophistication of derivative products requires not only good understanding of the derivative pricing, hedging and trading, but also the rapidly changing market. They must be excellent programmers, mathematician and practicians. Familiar with interest rate and cross currency products as well as FX products..

Responsibilities for the Front Office FX Quant Analyst role:
-You will be modelling and implementing these models in the quant library in C++ where you will gain an in depth understanding of local volatility implementation in PDE solvers and multi-asset Monte carlo.
-Supporting the FX Trading desk, assisting and supporting their use of the models created by Front Office. You will also write a tool for back-testing trading strategies and writing “rapid responses” for structurers and traders.
-Develop models and implement them in software for pricing and risk managing derivatives
-Develop pricing and calibration tools
-Benchmark and compare results of various techniques
-Implement products using pricing engines and models
-Rapid prototyping of models and products

Ideal background of the successful candidate:
- The manager will look at exotic rates or FX backgrounds.
- Experience with FX would be advantageous.
-Must come from a Front Office Quant Analyst team, and looking for a bigger challenge or the chance to work with hybrid models.
-Exceptional coding skills and solid programming skills, e.g. C++, VBA.
-Excellent level of Financial Mathematics i.e. stochastic calculus, PDE modelling, binomial trees, etc.
-PhD in Maths/Physics/Financial Engineering (or quant related subject) from a top-school.

If you feel that you have the technical skill set and ability to perform the above daily duties then please apply into this opportunity at the below address. Candidates should be interested in working at one of the most established Investment banks globally.
To apply for this position please contact us by submitting your CV in word format to quantexotic@selbyjennings.com or alternatively phone us on +44 207 019 4137

A leading derivative risk management technology solution for corporations and financial institutions is looking for an experienced sales person to help grow and develop business on the West Coast. This position will be part of a global sales effort to help accelerate market adoption of the company's cash management, risk management, hedging and accounting products with corporate treasurers, regional commercial banks and Insurance co's. The candidate should have at least 5 years of selling information technology software applications, derivatives product knowledge and have strong contacts within the corporate treasury sector in your territory. Seasoned sales people with proven success in building sales opportunities should apply.

Keywords: Solution sales, treasury cash management, derivative products, financial software sales, west coast, San Francisco, sales

Tier 1 investment bank is looking to hire a senior trading floor based Equity Derivatives Market Risk Manager in New York
The market risk team is looking to hire a Senior Market Risk Manager, to be based on the trading floor, looking at equity derivatives - both vanilla and exotic. This role is a technical / quantitative market risk management opportunity. The risk manager will have direct involvement in developing junior members of the team and will be the first point of contact for all risk issues for the equities desk in the front office.
The group need the risk manager to analyse and give risk approval for large cash and derivative transactions, to drive risk management projects and to look strategically at developing the equity risk management function.
Candidate Requirements
• University degree with a quantitative subject. Postgraduate degree or relevant professional qualifications (eg CFA, FRM & CQF) preferable.
• Understand in detail the products and risks arising from the businesses under their control, how and where P/L is generated, and the details/implications of how their markets are evolving.
• Extensive knowledge of Equity products and has worked previously in either market risk, trading or research role.
• Extensive knowledge of pricing and risk management of a variety of Equity instruments, both Cash and Derivative, from practical experience.
• Knowledge of risk management methodologies (eg Stress Tests, VaR) and their strengths/weaknesses is beneficial.
• Strong systems skills, particularly Excel/VB
• Team player, enthusiastic, with strong communication and influencing skills

This opportunity will offer candidates an exceptionally diverse equity product exposure - in terms of region, products and type of risks encountered. On top of this candidates will have excellent exposure internally, which combined with the technical slant of this role, makes for an exceptional market risk management opportunity.
If you would like to apply for this position please send all applications to risk@selbyjennings.comm

One of our most esteemed clients, a rapidly expanding and aggressively growing Investment bank with a global reach is seeking to hire an exceptional Credit Derivatives Business Analyst to join their front office trading technology team, facing off to the business on a day to day basis. The Credit Derivatives Business Analyst will be responsible for business critical analysis of the front office trading infrastructure coupled with new product approval projects and will be the point for all decisions when facing off to the business.
Additionally the Credit Derivatives Business Analyst will focus on core trading and the set of related systems used globally across their credit business including: management systems, market connectivity, algorithmic trading platforms, market data analytics and customer connectivity.
Responsibilities for the Credit Derivatives Business Analyst – (Pricing, PnL, Risk Analysis, UAT, CDS, CDX) - London
• Build strong relationships with the Fixed Income and Credit Derivatives Business
• Interview business users, subject matter experts and technology resources to elicit requirements
• Analyse gathered requirements and formulate business and functional specifications
• Drive projects from inception through to delivery
The Person Credit Derivatives Business Analyst – (Pricing, PnL, Risk Analysis, UAT, CDS, CDX) - London
• Expert knowledge of Credit and Credit Derivatives business products
• Knowledge and experience of Front Office tasks including Pricing, Risk, PnL and Market Data
• Experience working on large scale Greenfield trading technology initiatives
• Knowledge of the SDLC considered highly preferable
Key words: Business Analyst, BA, Analyst, Project Manager, PM, PM/BA, Business Analysis

Primarily, and what is going to be most important to the client is that the successful Credit Derivatives Business Analyst has well rounded experience in the relevant fields and wants to be a key figure in the strategic implementation of the bank’s core trading platform. What would additionally be highly preferable is that the candidate has a background within IT including experience working as a Business Analyst within an IT function.
To apply for the Credit Derivatives Business Analyst – (Pricing, PnL, Risk Analysis, UAT, CDS, CDX) - London role please send an up to date word formatted version of your CV through to itappointments@selbyjennings.com or call 02070194163.

This globally leading Financial Engineering group at this leading financial software company is looking for an experienced professional to be their Financial Engineer Team Leader, who has solid product knowledge to lead their projects in the OTC and Structured Notes Independent Valuation. The successful candidate will be joining a rapidly expanding specialised area of the business which is focused on offering premium structuring, valuation and risk services to their client base.

Responsibilities of this Team Lead Financial Engineer role:
-Will be managing and leading the Asia Financial Engineering group in OTC and Structured Notes Independent Valuation.
-Candidate will be working with people across the whole spectrum, from external clients (traders, buy side, institutional investors etc), and internal sales specialists, to developers and quants.
-Will be working with all asset classes.
-Maintain and build on their current platform and will work on improving the key terminal functionality.

Requirements of this Team Lead Financial Engineer role:
-Must have managerial experience, as will be leading the asia team out of Hong Kong and Tokyo.
-Should have experience at a Top Tier Dealer in Financial Engineering, structuring and/or trading OTC Derivatives/Structured Notes.
-Specialised either in Equity or Interest Rates exotics, plus strong knowledge of one additional asset class (FX, Commodity, Credit, Inflation),
-Strong understanding of derivatives models including market conventions, vanilla/exotic options, and market practices regarding bespoke exotic valuation and hedging.
-Proficient with Excel, Word, VBA. Familiarity with financial libraries (C, C++) and mathematical packages such as Matlab or Mathematica a plus.
-English speaking and Chinese (Mandarin) or Korean speaking is mandatory.
-Masters/PhD/DEA in a technical area i.e. Math, physics or Engineering.

Key words:
Quantitative Analyst; Financial Engineer; Asia; Honk Kong; Oil; Gas; Commodity Derivatives; Exotics; Equity; Cash; Flow; C++; Interest Rates; Foreign Exchange; Credit; Trading; Traders; Managing Director; Team Head

To apply for this Team Lead Financial Engineer role please press the apply button or call 0207 019 4137 or email on quantexotic@selbyjennings.com

Our client, a leading US Tier 1 Investment Bank has had an impressive year to date within the Equity Derivatives space. Because of this success and growth, they currently have an opening for a talented C++ Quantitative Developer to join one of the leading Equity Derivatives trading desks on a global-scale, at their office in Singapore. The successful C++ Quantitative Developer would play a crucial role in the design and development of cutting-edge tools to enable the continued success and expansion of the Equity Derivatives trading business. Due to the fast-paced nature of the group, the role will be highly challenging with a broad range of diverse projects for the successful C++ Quantitative Developer. The Quant Developer will have the opportunity to design and develop an automated Equity Derivatives trading platform, covering the quoting of Derivative and Structured products, as well as Algorithmic Systems and Order Management (OMS) tools for Derivative exchanges. The successful C++ candidate will also have the opportunity to work on a diverse range of quantitative projects, covering pricing and risk-management tools within Equity Derivatives as well as models for the market-making of Derivatives. This is the perfect opportunity for a talented individual with a solid technical background (C++) with sound quantitative/ mathematical knowledge to join a highly regarded and rapidly expanding Equity Derivatives trading desk in London. Although this is a highly business-critical role, the client is also open to applicants from non-finance/ research/ PhD backgrounds as they currently have a number of openings within the team because of the immense expansion of the projects.


The successful C++ Quantitative Developer will ideally have the following skill-set:

• Solid academic background, ideally in Computer Science/ Mathematics/ Physics/ Statistics/ Engineering or other scientific or quantitative field
• Exceptional programming abilities; C++, Java, C#, Perl, Python, Ocaml
• Strong communication skills as this is a business-critical, Front Office role
• Knowledge of Equities or Derivative products would be beneficial but isn’t essential
• A desire to design and develop innovative real-time trading tools

The responsibilities of the successful C++ Quantitative Developer will include:
•
• Take full ownership of the SDLC for the Equity Derivatives trading desk
• Design and develop a range of innovative, real-time, high-performance, automated tools to ensure the continued success of the Equity Derivatives trading system
• Develop and implement algorithmic systems and an OMS for the derivatives exchanges
• Participate in the development of quantitative tools for pricing, risk-management and models for the market-making of Derivatives

Due to the success and profitability of the business, all compensation, bonus and benefits will be highly competitive. Given the nature of the role the client is anticipating a high level of interest and is looking to begin initial telephone conversations within the next week thus we would recommend anybody who is interested to apply ASAP. If this could be of interest or you would like any more information, please forward your CV to cplusplus@selbyjennings.com or call 0207 019 4163/212 231 8223

Selby Jennings has been mandated to fill an excellent position at a leading French financial institution based at their headquarters in Paris. The role’s focus is on the counterparty credit risk/CVA space cross asset. This company has thousands of banks, asset managers and corporations who rely on this institution and solutions to support their capital markets activities. This Institution has consistently been recognised as a top leader in software development. The company has always kept at the forefront of the market and consistently reinvented itself to stay ahead and offer innovative solutions to the industry globally.

The manager is looking to expand the team in 2012 and bring on a senior CVA quant / counterparty credit risk expert and also a more junior member. Below is the type of criteria the manager is looking for in his ideal candidate:
• Senior role: 5 years of industry experience from top financial institutions (Investment banks, software houses, financial services institutions).
• Junior role: 2/3 years of experience from the above institutions.
• Candidates should have strong mathematical and educational backgrounds, having completed a Masters degree in a quantitative, mathematical background (PhD would be ideal).
• The role will offer a lot of autonomy and the ability to interpret in your own way therefore the manager is looking for candidates who can come in and make an impact from day one.
• There will be large consulting & project management aspects to the role so the product exposure and ability to learn is unsurpassed.
• The institution is a leader in its industry and therefore requires exceptional candidates who have the ability to take on challenges and push themselves and their careers forwards. The role is cross asset and therefore if you have experience covering CVA or counterparty credit risk across any asset class you could be a very suitable candidate.
• Due to the cross asset nature of the work that this team covers, the candidate who is invited to join them will receive world-class training and exposure to every asset class which will greatly enhance your technical abilities.
• The ideal candidate would have excellent experience with development, implementation of the models and validation of the system in the counterparty risk space
• Candidates from France, UK and surrounding areas will be considered or this financial institution.

If you are interested in this role and think you have the ability to work in a strong and growing team then please apply into this role and we will qualify your application. The manager has put quite a focus on both the senior and junior roles and if you think you can take on the challenges of this very client facing role please apply into: quantexotic@selbyjennings.com

There are currently 3 strong EQ quant teams looking to expand their force in 2012 and bring on EQ quants are various experience levels. The teams are known for their forward thinking approach to finance and the complex products it trades. The successful candidates must have solid experience working with EQ products or structured products and cannot be afraid of taking risks and breaking boundaries, as this financial houses are strong competitors in the industry.

Quantitative Analyst positions are very demanding positions at Investment banks and only capable individuals are required. The teams works side by side with the Traders and structurers in the respective institutions. The Analyst works with sophisticated derivatives traded in the market, which requires not only programming skills, analytic skills, but also deep understanding of market. They develop derivative pricing models and risk management infrastructures, so that the derivative products can be fairly priced and risk managed. The ever changing market environment and the increased sophistication of derivative products requires not only good understanding of the derivative pricing, hedging and trading, but also the rapidly changing market. They must be excellent programmers, mathematician and practicians. Familiar with EQ products and structured products.

Responsibilities for the Front Office EQ Quant Analyst role:
• You will be modelling and implementing these models in the quant library in C++ where you will gain an in depth understanding of local volatility implementation in PDE solvers and multi-asset Monte carlo.
• Supporting the EQ Trading desk. You will also write a tool for back-testing trading strategies and writing “rapid responses” for structurers and traders.
• Develop models and implement them in software for pricing and risk managing derivatives.
• Develop pricing and calibration tools.
• Benchmark and compare results of various techniques.
• Implement products using pricing engines and models.
• Rapid prototyping of models and products.

Ideal background of the successful candidate:
• The manager will look at exotic EQ derivative backgrounds or alternatively structured products.
• Various experience levels for the 3 roles ranges from:
1st role: 2/3 yrs experience
2nd role: 4 - 6 yrs experience
3rd role: 5 + years experience
• Must come from a Front Office Quant Analyst team, and looking for a bigger challenge or the chance to gain unsurpassed product exposure.
• Exceptional coding skills and solid programming skills, e.g. C++, VBA.
• Excellent level of Financial Mathematics i.e. stochastic calculus, PDE modelling, binomial trees, etc.
• PhD in Maths/Physics/Financial Engineering (or quant related subject) from a top-school.

If you feel that you have the specified background and have the technical ability to take on a challenging roles such as these, please apply into this vacancy. The roles will be reporting directly into Heads/Global heads of the EQ teams in the respective institutions and will sit at their headquarters in London and Belgium respectively.
To apply for this position please contact us by submitting your CV in word format to quantexotic@selbyjennings.com or alternatively phone us on +44 207 019 4137

A leading investment bank is seeking a mid-level quantitative risk analyst to be part of their Quantitative Risk team. This team extremely high performing and the firm in question views this team as extremely important in its development of the firm. You will constantly be involved with senior management and your advisory input and participation will be key in product and transactional approvals and model review discussions as well as reviewing and making recommendations for risk managing policies and approaches. The ideal candidate will have experience modelling of FX derivatives and be proficient coding C++.
Qualifications:
• MSc or PhD (preferred) in a quantitative field;
• Mid-level working experiences in capital markets as risk analyst, strategist, or asset allocation specialist.
• Understanding of FX derivative modelling
• Exposure to basic risk characteristics across broad range of asset classes desirable.
• Solid understanding of Monte Carlo simulation, C++ and Value at Risk.
• Solid understanding of factor models, risk attribution and risk aggregation.
• Strong communication skills;
• Familiarity with insurance industry desirable;
• Programming skills a plus. Experience with Matlab, R or other quantitative programming platforms a plus.

If you fit the above candidate background please send all applications to risk@selbyjennings.com

This is an exceptional opportunity for someone to join a leading european investment bank within their Valuations team.

The Valuations division works on pricing derivatives across all asset classes. Due to the growth of this group they require someone at Director level to join and take the lead management responsibility within the FX and Commodities asset classes.

The main roles and responsiblities of this role will include –
 Managing a team of 8-10 product specialists, focused on FX and Commodity derivative valuations
 Participation in the Valuations management group, which deals with matters relating to organisation, strategy and business performance
 Liaising with the head of the Quantitative Analytics Group on the implementation and calibration of derivative pricing models
 Ensuring the highest standards are maintained within the pricing of FX and Commodity derivatives

The requirements for this role will include –
 Very extensive background in the pricing of vanilla and exotic derivatives, as well as structured products, across at least 2 asset classes including Commodities and/or FX, obtained within a bank or similar institution

 Strong appreciation of trading practices within these asset classes, including conventions, main participants and market conditions

 Excellent understanding of quantitative pricing models and numerical techniques in these asset classes

 Very good undergraduate degree in a numerical discipline (e.g. mathematics, physics or engineering) from a renowned university, likely followed by a Masters or PhD

 Awareness of industry standards in derivative pricing and the evolution of these over time

 Familiarity with technical aspects of product development, although formal coding experience is not required

 Superb analytical, quantitative and problem-solving abilities

 Proficiency in Excel and VBA required, ability to use Matlab desirable

Keywords: Quantitative Analyst; Valuations; IPV; Pricing; FX; Commodities; Vanilla; Exotics; Derivatives; London; UK
To apply please contact quantexotic@selbyjennings.com with CV in word format or call + 44 (0) 207 019 4137. www.selbyjennings.com

Our client is looking to fill a senior type role in their quantitative team. The group are involved in both the creation of new derivative pricing models for the trading desks and the validation of models created by the front office quants. The role will sit in the quantitative team and focus on the equity space and the role will report directly into the Head of Structured credit who sits in Brussels.

The successful candidate will be joining an extremely strong team, made up of individuals with exceptional educational backgrounds as well as outstanding mathematical modelling and programming skills. The role will include a large amount of interaction with the front office, as well as stochastic modelling of derivative pricing models and validation of the same and programming in common code (C++).

The manager is looking for the following:

• Strong educational background – Masters / PhD but more importantly the degree has to be from a TOP university
• Candidates should be based in Europe and looking to relocate to Brussels.
• Experience should be from an Investment Bank in the model validation team or front office quant team building pricing models and risk management tools for a trading desk.
• 3 – 6 years of experience is necessary, however the role is more dependent on the candidate’s skill set & ability to carry out the daily duties of the role.
• Experience in equity is a MUST
• Good programming skills are an advantage, but not a prerequisite (experience in C++ would be ideal)
• Candidates must have strong product knowledge and an Implementation background is quite important.

This is a great opportunity to join an outstanding team with the chance for exceptional career progression. Candidates who would like to apply into this vacancy should be interested in working in a very multi-discipline environment with a lot of daily interaction between various groups. If you think that you have the skill set to take on such a role please let me know.
Please apply directly to quantexotic@selbyjennings.com

A leading UK Investment bank is growing out their Front Office Service offerings covering Derivative pricing, realtime risk and PnL calculation and is looking for an experience C# Quantitative Developer to take on an exciting wave of projects throughout 2012. Currently the team stands at a size of 5, but is expanding to 10 over the coming year- therefore making this a particularly good time to join after bonus period. This group is one of the most analytical and quantitatively focused that will cover technology- therefore an attractive part of the role is the ability to utilise any previous financial engineering/computational finance experience although there will be a focus on those coming from a HPC/Grid computing background also.

Skills required for Front Office C# Quantitative Developer- Cross Asset- London

• C#
• WPF
• WCF
• TPL (preferable)
• Grid/High Performance computing
• Front office experience (preferable)
• Financial experience (preferable)


Front Office C# Quantitative Developer- Cross Asset- London
This is a great opportunity to join a dynamic and successful company in a role that will offer you fantastic growth and career prospects. The bank is one of the first to go to market to attract the top talent that will be entering the market over the coming months. Therefore it is highly advised that if there is a level of interest in the position that those apply, as there is a level of flexibility as to when the candidate can start. You will gain wide knowledge of a number of products, working in a fast paced, dynamic and stimulating team environment. To apply for the position, please send through an up to date WORD formatted version of your CV to itappointments@selbyjennings.com, or call the C# desk on 0207 019 4163.

Top global Derivative Valuation function seeks an exceptional quant to join its highly technical Portfolio valuation and pricing team. Within this role you will be interacting with the Sales team and developers to provide top Valuation and pricing tools for the firm’s clients, and help in the ongoing development of the portfolio of analytics. You will be responsible for the analysis and reporting of Provisioning and Price Testing for Interest Rates and Hybrids. This will involve extensive interaction and input in the development of new quantitative risk measures, calibration tools and methods. The firm is one of the fastest growing organizations, which has seen a significant rise in share price throughout the credit crisis.

Responsibilities

* Researching and prototyping models for pricing vanilla and exotic derivatives, as well as specifying and testing the final implementation
* Working on analytics for volatility surface and forward curve construction
* Assisting with sourcing and quality analysis of market data used in models
* Providing product expertise and support to operational and sales teams

Qualifications

* Expertise in building models in Excel and VBA
* Solid practical and theoretical knowledge of mathematical finance: Probability, Stochastic Calculus, Stochastic Volatility, PDE’s etc.
* Experience working within the Interest Rate market.
* Top academic background to PhD, DEA, MSc (top 5 school) in a highly quantitative field: Mathematics (preferable), Physics, Financial Engineering etc.
* Any previous commercial exposure or client-facing skills would be desirable
* Ability to work independently as well as within a team environment
* Highly motivated and eager to take the initiative

To apply or for more information, please contact quantexotic@selbyjennings.com

Rare and attractive opportunity on offer with a leading European Investment Bank who have headcount to hire a Director or MD to lead their corporate equity derivatives platform in Europe. This role will be based in London and report to the Global head of Equity Trading.

The Role
• Join a team of 4 structurers working with corporate clients in EMEA
• Responsibilities include structuring and selling equity derivatives products and solutions to corporate clients and providing innovative solutions to corporations, banks and insurance firms, high net-worth individuals, and sovereign funds across equity derivatives/ equity linked products
• Role will involve working across hedging, monetization, yield enhancement, share buybacks, and equity linked products
• Pricing/ marketing and managing the junior structurers

The Candidate
• Essential to have experience in equity corporate structuring/ trading
• This is a senior level equity structuring role and my client will only hire a candidate with this background
• Ideal person will already be a Director in a good bank with skills in developing solutions/ pricing/ marketing and selling equity products to corporate
• Management responsibilities
• Travel to European destinations
• Essential to have worked on equity solutions for clients

If you are interested in this role please send your CV to structuring@selbyjennings.com or call 0207 0194139.
www.selbyjennings.com

My client is a top European investment bank, looking to appoint a VP/Director level FX structurer to join their US based structuring desk. As a leading member in the FX structuring group, your responsibilities will include.
• Developing FX derivative based products for institutional, insurance and sovereign clients in the US
• Attending sales pitches/meeting with internal and external clients, and create new revenue opportunities within existing business
• Identification & Analysis of market opportunities, Structuring, Pricing and Marketing of FX products
• Managing a group of 4 junior structurers
• Coordinating with Sales, Trading, Credit & Legal to ensure seamless trade execution
Successful Candidate
• Have at least VP level FX structuring experience on both the asset and liability side
• Have excellent client facing skills as well as the relevant structuring and managerial capabilities (experience of product development, innovation and idea generation etc).
• This is a structuring role and so requires pricing/ idea generation and marketing skills
• Role will involve pricing and dealing with clients on a face to face basis- institutional and corporate
• Working on and producing trade ideas
• Dealing with internal trading issues and helping run the risk of the FX options book
If you feel you are a good fit to the role then please send your CV to structuring@selbyjennings.com or call +44 207 0194139 to discuss. www.selbyjennings.com

NYC Hedge Fund is seeking a IRD Trader with a quantitative background to assist in the daily running, analysis and execution of their Interest Rate Derivatives books. Previous 1-2 years related experience a must. Candidate must have a solid quantitative background with understanding of mathematical concepts. Must have strong communication skills as client contact is required.

This is a great opportunity with a path toward being a trader working with his own book. Competitive base and discretionary bonus.

Email MS Word attached resume in confidence to: resumeDF@hrg.net
Reference DF162-NUMA, Interest Rate Derivatives Trader on subject line.

My client is currently interviewing in order to add to their team during Q1 of next year. My client implements high frequency statistical arbitrage strategies and are looking for candidates who can bring their own strategies to the team and confer with colleagues to develop new innovative strategies. This is an excellent opportunity to join a successful group in a well-established hedge fund enabling you to progress your career and your reputation.
Successful candidates will need to have:
Previous experience (min 3 years) working in high frequency
Worked on statistical arbitrage strategies
Their own strategies to bring to the team
Excellent programming skills
This is a great opportunity for an experienced strategist to work on a trading desk with the idea of moving into a trading position in the future within a well established group. Along with a competitive package, this is a great opportunity to move into a trading environment where you will be able to build on your quantitative finance knowledge. Interviews are currently being scheduled, in order to be considered please apply to qfm@selbysennings.com.

Salary: $180,000 – 240,000 USD (base salary) + guaranteed bonus
Location: New York, USA
Experience: 10+ years
As well as this very generous compensation this job will offer unrivalled career progression through the New Year. This is because this Global Tier 1 Investment Bank is expanding this particular team throughout the next 12 months which presents an opportunity to increase your exposure as well as you responsibility. This expansion also means that there will be regular salary reviews and an exceptional bonus.
The candidate will be required to spearhead this dynamic team so previous management in the IRB space is essential. The candidate will be heading up the team responsible for the outlay of complex credit risk models so experience in regulatory framework such as Basel II/III and economic capital is also required.
A large part of this job will require liaising with external and internal teams and departments. These include the Treasury, IT and trading departments, therefore excellent communication and interpersonal skills are required.
The ideal candidates will have the following skills:
• Excellent knowledge of PD/LGD/EAD
• Credit Risk Methodology Management Skills
• Basel II/II Regulatory Framework Experience
• Excellent communicational skills
The team’s responsibilities will involve:
• Develop, validate, enhance, implement, document and provide ongoing expert support for advanced credit risk models and methodologies
• Provide hands-on, practical quantitative analysis (PD/LDG/EAD)
• Accurate, detailed, clear and high quality model build documentation
• Maintenance of team model validation and reviewing of schedule, running each model through various benchmarking tests and back tests to confirm reliability
• Working closely with Traders, Sales, and other Quantitative Departments and Teams

This is a massive opportunity with huge responsibility, excellent compensation and career progression.
If you would like to be considered then please apply directly to risk@selbyjennings.com

A top global investment bank has developed a new function covering quantitative analysis in Berlin and requires PhD and MSC level finance candidates

The role is ideal for any one from a quantitative background looking to work in a Bank where they can develop their career and skill set to work within a leading financial institution. The bank is looking to develop this newly created function in Berlin and is interested in seeing the best academic candidates from across Europe who is interested in moving into finance.

The role will involve working with all areas of quantitative analysis and risk within the bank globally. The team are looking to develop and enhance the academic skills of top graduates to act as a feeder group into the main financial hubs of the bank in London, New York, Singapore and Hong Kong in the first 12 – 18 months.

The successful candidates are likely to have the following background and skill set:

• Degree in Mathematics/ Statistics/ Engineering or equivalent quantitative background
• High degree of analytical skills
• English (verbal / written);
• Risk or quant background would be preferable but not essential
• VBA and EXCEL skills
• Enthusiastic and keen to learn and develop skill set in a financial setting.

Please send all applications to risk@selbyjennings.com

Rare and attractive opportunity on offer with a leading European Investment Bank who have headcount to hire a Director or MD to lead their corporate equity derivatives platform in Europe. This role will be based in London and report to the Global head of Equity Trading.

The Role
• Join a team of 4 structurers working with corporate clients in EMEA
• Responsibilities include structuring and selling equity derivatives products and solutions to corporate clients and providing innovative solutions to corporations, banks and insurance firms, high net-worth individuals, and sovereign funds across equity derivatives/ equity linked products
• Role will involve working across hedging, monetization, yield enhancement, share buybacks, and equity linked products
• Pricing/ marketing and managing the junior structurers

The Candidate
• Essential to have experience in equity corporate structuring/ trading
• This is a senior level equity structuring role and my client will only hire a candidate with this background
• Ideal person will already be a Director in a good bank with skills in developing solutions/ pricing/ marketing and selling equity products to corporate
• Management responsibilities
• Travel to European destinations
• Essential to have worked on equity solutions for clients

If you are interested in this role please send your CV to structuring@selbyjennings.com or call 0207 0194139.
www.selbyjennings.com

My client is a boutique systematic hedge fund, formed over a year ago by a number of highly experienced and well respected hedge fund managers. The firm trades on a range of the world’s futures markets and they place a huge emphasis on cutting edge technology. Through continued success and expansion, the team is seeking to expand and thus are hiring an experienced trading room developer, to take a key role within the team. With less than ten people in the firm at present, you will join a small and focused team of developers, working directly alongside the traders and researchers. Your role will be broad and it will include taking responsibility for the design and development of the automated interaction with a range of futures markets. You will use your interest in trading to optimize and enhance the trading system, gaining a huge amount of exposure to the markets. You will also work on a number of ad hoc tools/applications and be part of a critical upcoming project to design from scratch a state of the art portfolio management system.

Technically the C++ / Python Trading Desk Developer will have the following experience;

• C++
• Python
• Linux/UNIX and windows
• SQL
• Strong communication skills
• Ability to work in a small and collaborative environment
• Derivatives Knowledge
• Interest in front office and trading (of course any experience of this would be an advantage)

This is a great opportunity for a motivated candidate looking to work in a dynamic and innovative environment. You will have a strong sense of pride in quality of your own work and have a desire and ability to learn more. The role is based in the West End and an attractive remuneration package is available dependant on experience. Compensation will be extremely competitive with very strong bonus potential.
The ideal candidate will either come from a similar team, or a larger institution such as an Investment Bank or a Financial Software House. My client will consider candidates with no prior experience, as long as you can demonstrate superior technical ability and a real interest and aptitude to the markets – eg trade in your spare time etc.

If you are interested in the opportunity please get in touch on 0207 019 4163 or cplusplus@Selbyjennings.com

Key Words: C++. C#, Python, Linux, Unix, Windows, Systematic, Trading, SQL, Hedge Fund, London, automated trading, derivatives

This is a fantastic opportunity for someone to join a front office facing model validation group within a growing emerging markets investment bank.
Working closely with Front office desk quants and traders in a dynamic environment.

This position is a Model Validator in our clients Model Validation and Approval group. The group is responsible for validating and approving all qualifying/stochastic models used. These models are primarily for pricing and risk measurement of derivative instruments on various underliers including commodities, equities, foreign exchange, interest rates, municipal products, asset backed securities and structured products. Review and assess the appropriateness of models underlying assumptions. Review and assess the theoretical and conceptual soundness of models. Verify models performance (correct implementation, limiting behaviour, response to stressed/extreme input conditions, etc.). Work with MVAs internal Testing and Support group to develop and execute tests to support model validation. Work with MVAs internal Library Development group to ensure that appropriate benchmarks are included in each validation. Quantify the degree of model risk inherent in each model. Interpret test results in the context of model applicability. Write validation reports distilling the relevant results of testing and theoretical review, calling particular attention to areas of concern or uncertainty. Work with other members of Risk Management to ensure that when necessary appropriate limits around model use are in place. Support relationships with regulators and internal audit.
The team in banglore is growing and this is an exciting opportunity to be part of that growth.

Basic Qualifications
3+ years trading or desk analyst/capital markets experience.

Minimum Qualifications

Ph.D. in a quantitative discipline (e.g., Mathematical Finance, Mathematics, Operations Research, Computer Science, Engineering, Physics). Sound knowledge of stochastic calculus, stochastic processes (including jump and jump-diffusion processes), SDEs and PDEs.
Experience in one or more of the following: interest rate pricing models, exotic equity and FX pricing models, jump models, stochastic volatility models, credit derivative pricing models, single and multifactor commodity derivative pricing models. Deep knowledge of derivative pricing methodologies, including trees, Monte Carlo (with American option pricing), and finite difference methods. Strong programming skills, including Excel/VBA, C/C++ and Python. Excellent written and verbal communication skills.

Preferred Skills
Previous experience in financial model development or validation. Strong interpersonal and communication skills, and ability to work effectively with a wide range of business partners including traders and trading management, finance, operations, technology.

The chosen candidate will be rewarded with a competitive salary and bonus package with the opportunity for excellent career progression within a challenging environment.
Keywords:
Quantitative Analyst; Model Validation; Middle Office; Cross-Asset; Exotics; Vanilla; Derivatives; Foreign Exchange; C++; Model Validation; Commodities; Bangalore; India
To apply please contact quantexotic@selbyjennings.com with CV in word format or call + 44 (0) 207 019 4137.
www.selbyjennings.com

Our client, a leading US Tier 1 Investment Bank has had an impressive year to date within the Equity Derivatives space. Due to this ongoing growth and success, they currently have an opening for a talented C++ Quantitative Developer to join one of the leading Equity Derivatives trading desks on a global-scale, at their office in New York . The successful C++ Quantitative Developer would play a crucial role in the design and development of cutting-edge tools to enable the continued success and expansion of the Equity Derivatives trading business. Due to the fast-paced nature of the group, the role will be highly challenging with a broad range of diverse projects for the successful C++ Quantitative Developer. The C++ Quant Developer will have the opportunity to design and develop an automated Equity Derivatives trading platform, covering the quoting of Derivative and Structured products, as well as Algorithmic Systems and Order Management (OMS) tools for Derivative exchanges. The successful C++ candidate will also have the opportunity to work on a diverse range of quantitative projects, covering pricing and risk-management tools within Equity Derivatives as well as models for the market-making of Derivatives. This is the perfect opportunity for a talented individual with a solid technical background (C++) with sound quantitative/ mathematical knowledge to join a highly regarded and rapidly expanding Equity Derivatives trading desk in New York. Although this is a highly business-critical role, the client is also open to applicants from non-finance/ research/ PhD backgrounds as they currently have a number of openings within the team because of the immense expansion of the projects.


The successful C++ Quantitative Developer, Equity Derivatives, New York will ideally have the following skill-set:

• Solid academic background, ideally in Computer Science/ Mathematics/ Physics/ Statistics/ Engineering or other scientific or quantitative field
• Exceptional programming abilities; C++, Java, C#, Perl, Python, Ocaml
• Strong communication skills as this is a business-critical, Front Office role
• Knowledge of Equities or Derivative products would be beneficial but isn’t essential
• A desire to design and develop innovative real-time trading tools

The responsibilities of the successful C++ Quantitative Developer, Equity Derivatives, New York will include:
•
• Take full ownership of the SDLC for the Equity Derivatives trading desk
• Design and develop a range of innovative, real-time, high-performance, automated tools to ensure the continued success of the Equity Derivatives trading system
• Develop and implement algorithmic systems and an OMS for the derivatives exchanges
• Participate in the development of quantitative tools for pricing, risk-management and models for the market-making of Derivatives

Due to the success and profitability of the business, all compensation, bonus and benefits will be highly competitive. Given the nature of the role the client is anticipating a high level of interest and is looking to begin initial telephone conversations within the next week thus we would recommend anybody who is interested to apply ASAP. If this could be of interest or you would like any more information, please forward your CV to cplusplus@selbyjennings.com or call 212 231 8223

Quantitative Analyst, Portfolio Optimisation, Modeling, Fund management, Quant Analyst, Fixed Income, bonds, Equities, Equity Derivatives, Structured Products, Pricing indices, analytics Quant: SQL, Excel, Matlab, C#. Leading Financial Institution who continue to enjoy year-on-year revenue growth are looking to expand their Analytics group as they diversify into new product areas. They are interested in talking to experienced quantitative analysts with a background in Fixed Income and/or Equities (and some derivatives) to work on the development and implementation of new pricing models. You will have an excellent mathematical background with experience gained on Buy or Sell side covering pricing, product modelling, Index design and development. IT Skills on C#/.Net, Matlab, SQL and Excel are highly desirable. This is a great time to be joining and expanding team, working on new products in a highly successful firm

Quant Developer: C#, Equities, .Net, Web, London. Indices, Equities/Equity Finance, Corporate Actions, Dividends, STP, IBES, Worldscope, Factset. New Pricing team consisting of both Quant Research Analysts and Developers is being formed to deliver both Intranet applications and client facing Extranet systems in C#, .net and SQL Server.

They require a business reporting "Quant" Developer with detailed business knowledge gained from Buy or Sell side (banking Hedge Fund or relevant software house), to work with the Quant Research Analysts on implementing applications to calculate factors and Price Earning Ratios from company accounts and brokers estimates. This experience may have been gained from an actuarial background or a fund managers portfolio optimisation.

This is a greenfield, build from scratch opportunity requiring some technical skills, including some of: SQL Server .Net, VBA, Matlab, C#, Reuters, Bloomberg, Factset. Ideally people will have some knowledge or IBES and/or Worldscope. Positive, proactive new team which is growing both the business and the systems to support it.

My client is an extremely profitable and well regarded global Investment Bank, widely renowned for its dominance in the competitive interest rates space. Through this success and aggressive growth, we have an opportunity for an experienced quantitative C++ developer to take a key role on the front office desk in New York. You will work directly alongside experienced traders and quantitative analysts, to design and develop front office trading systems and strategies. The initial focus with be on pricing, analytics and P&L, and the ideal candidate will have a strong blend of low level programming and quantitative expertise. You will report directly to the Head Quant in New York, and this exposure will give you a great opportunity to be challenged and progress in your career. The desk is extremely fast paced and dynamic, thus the ideal candidate will need to be extremely motivated and thrive under pressure.

Responsibilities for Derivatives Quantitative Developer (C++ / Python / Perl)

• Pricing/P&L/Analytics of Derivatives Products
• Designing and develop core infrastructure
• Working closely with front office quants/traders
• Interface with core tech teams
• Work on the fast paced trading desk in New York

Ideal skill set for Derivatives Quantitative Developer (C++ / Python / Perl)

• Strong Background in front office development
• Derivatives Experience
• C++
• Linux/Unix
• Perl / Python
• Quantitative / analytical background

This is a unique opportunity for a quantitative developer to take a key role in a dynamic, front office trading group, in an extremely successful and thriving business area. You will work directly amongst some of the most respected quants and traders in the rates space and be instantly recognized as the technical guru of the team. You will thus need to be energetic, highly motivated and willing to face a very steep learning curve. Compensation, bonus and benefits will all be extremely competitive and reflective of the front office nature of the role.

If you would like more information on this opportunity please apply to cplusplus@selbyjennings.com or call 212 231 8223

Key Skills: C++, Python, Perl, Derivatives, Development, Quantitative Development, Infrastructure, Pricing, P&L, Analytics, Technology, New York

This is an amazing opportunity to join a dynamic, collaborative and cutting edge global institution, currently investing a huge amount of budget in building a green field derivative structuring and pricing system for banks, hedge funds and other financial corporations. You will join a team of highly experienced and respected technologists and quants, taking a lead role in building the advanced framework for calculators, pricing and analytics. You will work closely with senior business managers to establish requirements and use your extensive experience in both software development and mathematics. You will be extremely hands on, designing and developing the system using a range of technologies (including C++, C# and python) and you will require the ability to quick learn and apply new and innovative technologies.

The ideal candidate for C++Derivatives Quantitative Developer – New York will require the following skill set;

• C++
• Unix/Linux
• C#/Python a plus
• Strong quantitative background
• Derivatives Experience (ideally FX Options, IR Swaps, Structure Products, Equity Derivatives..)
• Experience designing and developing large scale systems
• Great communication skills

Responsibilities for C++Derivatives Quantitative Developer – New York

• Take a lead role in the design of a green-field derivatives pricing system
• Integrate portfolio warehouse
• Work in a team of software developers and quantitative analysts
• Communicate with business managers
• Learn new technologies
• Understand and learn a wide range of financial derivatives

This is a great opportunity for a senior quantitative developer to take a key role in an exciting new project in a leading global firm. The role will give you a huge amount of quantitative exposure as well as the opportunity to learn a number of new and innovative technologies. Compensation will be very competitive and you will join a dynamic, stimulating and collaborative environment. For much information please contact cplusplus@selbyjennings.com or call 212 231 8223.

A rare and fantastic opportunity has emerged in this leading top-tiered Investment Bank at their offices in Singapore. The role will expose the individual to FX Vanilla and Exotic Derivative products, and will see the candidate working with exceptionally talented Quant analysts and traders, who are well known and highly respected in this field. The candidate will gain experience which will propel his/her career making this individual one of the most attractive and hireable in the market. This role is fast becoming one of the most sought after positions amongst front-office Quants, and only those with exceptional talent will succeed.

Responsibilities:
-Managing own team of junior quants, assisting with training and projects.
-Conducting daily derivative analysis and theoretical bond research.
-Researching and understanding model risk, managing effects and solutions.
-Developing own models, to be used by most senior traders.
-Conducting model validation, model control and understanding model trade.
-Ensuring continuing price verification analysis of all exotic products.

Skills, education and experience:
-PhD in Mathematics/Physics/Financial Engineering from a top university.
-Some previous industrial experience i.e. completed internship.
-Strong programming skills, i.e. VBA, C++, Matlab.
-Possess a strong interest in modelling and exotic products i.e. Credit, FX, IR and EQ.
-Excellence in probability theory, stochastic processes, partial differential equations, and numerical analysis.

This bank has an exceptional team with outstanding opportunities, which offers a generous salary.

To apply please contact quantexotic@selbyjennings.com with CV in word format.
www.selbyjennings.com
+ 44 (0) 207 019 4137

Front Office Python Developer – Credit Derivatives – (Derivatives, Credit, Development, Developer, Technical, C++, Java, OOP, Object Orientated, Front Office) – London
A leading Global Investment Bank is seeking a strong Front Office Python Developer to come on board in their highly renowned Credit Derivatives trading team. The project will be to develop, configure and customise requirements of the Traders. The successful candidate will ideally have strong experience working with Credit Derivatives and must be familiar with Object Orientated Programming and Design.
Responsibilities for – Front Office Python Developer – Credit Derivatives
• Assist the Research and Development teams on the technical part of the current program.
• Build out an entirely new Proprietary Trading Platform.
• To be a reference used on all technical issues related to the platform.
• Identify and develop various needs of Traders.

The Person – Front Office Python Developer – Credit Derivatives
• Extensive and justifiable experience with Python
• Experience working within Credit Derivatives.
• Versatile and flexible in a fast paced and exciting award winning environment.
Primarily, and what is going to be most important to the client is that the successful Python Developer Will be responsible for a small group of Developers with the drive and hunger to solve technical Issues, therefore communication skills are of upmost importance. There will be regular interaction with traders; therefore business knowledge of Credit Derivatives is also essential.
To apply for Python Developer, please send your most up to date CV through to contractjobs@selbyjennings.com or call 0207 019 4128
Front Office Python Developer – Credit Derivatives – (Derivatives, Credit, Development, Developer, Technical, C++, Java, OOP, Object Orientated, Front Office) – London

My client is a Mid-Sized, Global Investment Bank currently on a huge growth plan in London and looking to rapidly expand its Derivatives and Risk Management team. Through continued expansion, the team is seeking a senior test manager to take a key role in the team and lead the Automated and Manual testing environments. You will lead a small team of highly capable testers in London, using your hands on technical expertise and financial knowledge to guide the the team through a number of upcoming, business critical projects. You will manage the team with a focus on delivering to business users across securities, derivatives and risk management. Your communication skills will be excellent and you will face off directly to the senior managers of the business globally.

Responsibilities for Senior Test Manager (Securities, Derivatives and Risk Management)

• Lead a medium sized team of testers in London
• Automated/ Manual Testing
• Face off the global business users across Securities, Derivatives and Risk Management
• Hands on testing (functional, regression, stress etc)
• Manage a team of direct reports in London
• Communicate with business heads to define strategy of the team/projects

This opportunity is suited to a senior candidate with a wealth of hands on testing experience (experience with a range of testing techniques, scripting, writing test cases etc) The ideal candidate will come from a lead/management experience and will need prior experience working in a financial capacity. Experience within a global team would be desirable. You will join a successful and growing Investment Bank and compensation/bonus and benefits will be very competitive. For more information please contact testing@selbyjennings.com or call 0207 019 4163

My client is a top European investment bank, looking to appoint a VP/Director level FX structurer to join their US based structuring desk. As a leading member in the FX structuring group, your responsibilities will include.
• Developing FX derivative based products for institutional, insurance and sovereign clients in the US
• Attending sales pitches/meeting with internal and external clients, and create new revenue opportunities within existing business
• Identification & Analysis of market opportunities, Structuring, Pricing and Marketing of FX products
• Managing a group of 4 junior structurers
• Coordinating with Sales, Trading, Credit & Legal to ensure seamless trade execution
Successful Candidate
• Have at least VP level FX structuring experience on both the asset and liability side
• Have excellent client facing skills as well as the relevant structuring and managerial capabilities (experience of product development, innovation and idea generation etc).
• This is a structuring role and so requires pricing/ idea generation and marketing skills
• Role will involve pricing and dealing with clients on a face to face basis- institutional and corporate
• Working on and producing trade ideas
• Dealing with internal trading issues and helping run the risk of the FX options book
If you feel you are a good fit to the role then please send your CV to structuring@selbyjennings.com or call +44 207 0194139 to discuss. www.selbyjennings.com

A leading investment bank are currently looking to add to their Fixed Income team in New York. The team are responsible for delivering fixed income derivatives investment strategies for the purpose of developing tailor made solutions to clients.

This is a senior level position where you will be working with a small team of researchers and acting as the key contact for clients.
You must therefore be extremely client facing and have the experience and ability to develop custom investment strategy solutions for clients.

In order to apply you should have experience and knowledge of :-
- Index Products
- Alpha generation
- Investment and market analysis
- Portfolio benchmarking/performance measurement
- Asset allocation
- index based structured products.

The level of the role is flexible however ideally applicants with be at a maximum of VP level. Direct experience in fixed income portfolio/investment strategy and knowledge of index methodology is desired.

Within this position you will be working on a range of inflation-linked, bond and swaps indices therefore experience of derivatives and alternative investments is key to the performance of the role.
You will be given an excellent opportunity to progress quickly throughout the organisation therefore you must be extremely self motivated and have the ability to work as part of a team environment.
This is a challenging, complex, fast-paced, high-pressured environment therefore willingness to learn complex business and technology processes and actively contribute to their evolution is essential. You should also have the relevant experience and business maturity to manage projects and interact across the front office business.

All applicants must be proficient in Excel/VBA, have expertise in credit derivatives, bond indices and index methodology and have used this in a client facing position.

You will be joining a highly regarded team with an excellent opportunity to grow and establish this team. This role requires an entrepreneurial individual who is looking to move forward quickly in their current role. Please apply directly by sending your CV in WORD format to strategy@selbyjennings.com or visit our website at www.selbyjennings.com

This leading Consultancy is looking for a talented individual who is looking for quick career progression and a new challenge. Treasury & Trading provides the link between the financial markets and the Group’s client sales and derivative structuring businesses encompassing the Group’s derivative, foreign exchange and money market operations as well as the Group’s Balance Sheet Management. The individual will gain tremendous amount of business exposure and will not be hidden behind several layers of management due to their flat hierarchy, which has meant expanding the business has been rapid and continuously successful.

The team are looking for an experienced individual who will help build a new team from scratch and therefore over the next 12-18 months they will be brining on a number of juniors below the successful candidate to support them and grow the team.

Responsibilities:
-Production, analysis and review of valuation services to derivative positions from vanilla structures to complex derivatives
-Derivative price verification, including review and calibration of illiquid model inputs,
-Monitoring of collateralised counterparty valuations and resolving counterparty/client valuation disputes,
-Maintenance of all Fair Value Adjustments on derivative trades and positions,
-Client base includes Banks, Major Utility and Oil companies, Pension Funds and Asset Managers.
-Dealing with Multiple client relationships and internal assurance teams

Requirements:
-High degree of financial maths literacy, expect minimum of 2.1 in a numerate degree, relevant post graduate qualifications advantageous.
-Computer programming (Excel/VB literate, ideally SQL).
-Wide knowledge of exotic derivatives including the motives for trading them, how they are quoted, traded, priced and risk managed.
-Derivative model implementation and model calibration.

The Person:
Good listener, bold communicator (verbal and written) who is able to adjust to communicating complex issues with product controllers, traders, risk managers, senior management, auditors and regulators. Able to forge effective working relationships with derivative product controllers.

To apply please contact quantexotic@selbyjennings.com with CV in word format or call + 44 (0) 207 019 4137

This is an amazing opportunity to join a dynamic, collaborative and cutting edge global institution, currently investing a huge amount of budget in building a green field derivative structuring and pricing system for banks, hedge funds and other financial corporations. You will join a team of highly experienced and respected technologists and quants, taking a lead role in building the advanced framework for calculators, pricing and analytics. You will work closely with senior business managers to establish requirements and use your extensive experience in both software development and mathematics. You will be extremely hands on, designing and developing the system using a range of technologies (including C++, C#, python and most critically SCALA) and you will require the ability to quick learn and apply new and innovative technologies. The ideal candidate will have a strong passion for coding using SCALA and the client will even consider very strong scala developers without financial experience.

The ideal candidate for Senior C++/ Scala Expert - Quantitative Development Team will require the following skill set;

• C++
• Scala – this can be experience in either a financial or non financial setting
• Unix/Linux
• C#/Python a plus
• STRONG INTERSET IN HEAVILY USING A NUMBER OF CUTTING EDGE TECHNOLOGIES INCLUDING F# AND SCALA
• Strong quantitative background
• Derivatives Experience (ideally FX Options, IR Swaps, Structure Products, Equity Derivatives..)
• Experience designing and developing large scale systems
• Great communication skills

Responsibilities for Senior C++/ Scala Expert - Quantitative Development Team

• Take a lead role in the design of a green-field derivatives pricing system
• Integrate portfolio warehouse
• Work in a team of software developers and quantitative analysts
• Communicate with business managers
• Use a huge range of cutting edge technologies
• Mentor others and help teach them SCALA
• Understand and learn a wide range of financial derivatives

This is a great opportunity for a senior quantitative developer to take a key role in an exciting new project in a leading global firm. The role will give you a huge amount of quantitative exposure as well as the opportunity to learn a number of new and innovative technologies. Compensation will be very competitive and you will join a dynamic, stimulating and collaborative environment. For much information please contact cplusplus@selbyjennings.com or call 212 231 8223.

My client is a leading global financial institution, with a huge emphasis on cutting edge technology and innovation. As part of a business critical, global project, the firm is looking to build from scratch a green-field derivatives structuring and pricing system in New York. This system will be rolled out across FX Options, IR Swaps, Structured Products and Equity Derivatives and the team is lead by an extremely senior and well respected Quantitative Analyst in New York. The team is seeking a junior quantitative developer to take a key role in the design and development of the system. The ideal candidate will need a hybrid skill set, with expertise in both software engineering as well as mathematics. You will be extremely hands on, programming in a range of languages (largely C++, python, C#) and working closely alongside a team of quantitative analysts.
The ideal candidate for C++/Python Quantitative Developer – Greenfield Fixed Income Derivatives Structuring and Pricing Team will require the following skill set;
• C++
• C#/Python
• Strong quantitative background
• Experience of the full software development lifecycle
• Derivatives Experience
• Strong Academic Background – Ideally Computer Science/Phyics/Mathematics
• Great communication skills
Responsibilities for Junior C++/Python Derivatives (FX Options/Interest Rates Swaps) Quantitative Developer
• Take a key role in the design of a green-field derivatives pricing system
• Integrate portfolio warehouse
• Work in a team of software developers and quantitative analysts
• Communicate with business managers
• Report to the Head Quant in New York
• Learn new technologies
• Understand and learn a wide range of financial derivatives
This is a great opportunity for a junior developer/quantitative developer to take a key role in an exciting new project in a leading global firm. The role will give you a huge amount of quantitative exposure as well as the opportunity to learn a number of new and innovative technologies. The role is suited to a strong technologist (perhaps coming from a bank, hedge fund, software firm) looking to gain more finance and quantitative exposure. Compensation will be very competitive and you will join a dynamic, stimulating and collaborative environment. For much information please contact cplusplus@selbyjennings.com or call 212 231 8223

A leading UK Investment bank is growing out their Front Office Service offerings covering Derivative pricing, realtime risk and PnL calculation and is looking for an experience C# Quantitative Developer to take on an exciting wave of projects throughout 2012. Currently the team stands at a size of 5, but is expanding to 10 over the coming year- therefore making this a particularly good time to join after bonus period. This group is one of the most analytical and quantitatively focused that will cover technology- therefore an attractive part of the role is the ability to utilise any previous financial engineering/computational finance experience although there will be a focus on those coming from a HPC/Grid computing background also.

Skills required for Front Office C# Quantitative Developer- Cross Asset- London

• C#
• WPF
• WCF
• TPL (preferable)
• Grid/High Performance computing
• Front office experience (preferable)
• Financial experience (preferable)


Front Office C# Quantitative Developer- Cross Asset- London
This is a great opportunity to join a dynamic and successful company in a role that will offer you fantastic growth and career prospects. The bank is one of the first to go to market to attract the top talent that will be entering the market over the coming months. Therefore it is highly advised that if there is a level of interest in the position that those apply, as there is a level of flexibility as to when the candidate can start. You will gain wide knowledge of a number of products, working in a fast paced, dynamic and stimulating team environment. To apply for the position, please send through an up to date WORD formatted version of your CV to itappointments@selbyjennings.com, or call the C# desk on 0207 019 4163.

My client is a leading global financial institution, with a huge emphasis on cutting edge technology and innovation. As part of a business critical, global project, the firm is looking to build from scratch a green-field derivatives structuring and pricing system in New York. This system will be rolled out across FX Options, IR Swaps, Structured Products and Equity Derivatives and the team is lead by an extremely senior and well respected Quantitative Analyst in New York. The team is seeking a junior quantitative developer to take a key role in the design and development of the system. The ideal candidate will need a hybrid skill set, with expertise in both software engineering as well as mathematics. You will be extremely hands on, programming in a range of languages (largely C++, python, C#) and working closely alongside a team of quantitative analysts.
The ideal candidate for C++/Python Quantitative Developer – Greenfield Fixed Income Derivatives Structuring and Pricing Team will require the following skill set;
• C++
• C#/Python
• Strong quantitative background
• Experience of the full software development lifecycle
• Derivatives Experience
• Strong Academic Background – Ideally Computer Science/Phyics/Mathematics
• Great communication skills
Responsibilities for Junior C++/Python Derivatives (FX Options/Interest Rates Swaps) Quantitative Developer
• Take a key role in the design of a green-field derivatives pricing system
• Integrate portfolio warehouse
• Work in a team of software developers and quantitative analysts
• Communicate with business managers
• Report to the Head Quant in New York
• Learn new technologies
• Understand and learn a wide range of financial derivatives
This is a great opportunity for a junior developer/quantitative developer to take a key role in an exciting new project in a leading global firm. The role will give you a huge amount of quantitative exposure as well as the opportunity to learn a number of new and innovative technologies. The role is suited to a strong technologist (perhaps coming from a bank, hedge fund, software firm) looking to gain more finance and quantitative exposure. Compensation will be very competitive and you will join a dynamic, stimulating and collaborative environment. For much information please contact cplusplus@selbyjennings.com or call 212 231 8223

Our client are looking for a talented and experienced individual for a front office quantitative analyst role supporting the commodities derivative desk in their offices in Germany. The successful individual will come on at Vice President level and will be covering ALL commodity products. The team is currently using a legacy library, and enhancement of this is a big priority, therefore this role gives the successful candidate the opportunity to be part of a critical new project and get real modelling experience building something from the ground up.

Responsibilities:
-Develop models and implement them in software for pricing and risk managing commodity Correlation products i.e. index and basket derivatives (exotic and vanilla)
-Partner with the trading desk on all related risk management and pricing issues.
-Develop pricing and calibration tools.
-Benchmark and compare results of various techniques including historical simulations
-Explain model behaviour and predictions to traders, identify major sources of risk in portfolios, provide guidance, and maintain smooth running of production analytics
-Liaise with sales and other groups on models and tools.
-Will be working on all commodity products with vast opportunities to work with other assets.

Ideal Candidate will have:
-Solid experience with Commodity products.
-Coding experience, preferably C++ and/or Python, with emphasis on numerical methods.
-Excellence in probability theory, stochastic processes, partial differential equations, and numerical analysis.
-PhD (or equivalent) in Mathematics or Physics, with strong quant finance knowledge.

This is an excellent opportunity to work with one of the leading teams in the industry

To apply directly for this role call 0207 019 4137 or email us your CV in word format to quantexotic@selbyjennings.com.

This leading Australian Investment Bank is looking to expand a lot of their teams globally, due to a successful quarter. They are looking to take someone on who has already had experience as a Front Office Equity Quant Analyst, who is looking for a new challenge and promising long-term career. This bank is widely known for their cutting edge and forward thinking approach to finance; with their advanced modeling techniques and reputation for staying ahead of their competitors, they are without a doubt at the forefront of the market.

Responsibilities:
-Supporting the Equity traders on a daily basis, working as the main source of contact for the Front office Quant team.
-Candidate will be expected to oversee a variety of projects, which will involve supporting the trading desk.
-Will be expected to create pricing models and improve existing ones.
-Working with and maintaining smooth operations of the Analytics Library.
-Conducting price verification and risk management

Requirements:
-Previous experience working with Equity Exotic and Equity Derivative products (will also look at those with FX experience)
-PhD Mathematics/Physics/Financial Engineering or other related topic from a top school.
-Strong coding skills.
-Good programming skills, e.g. C++, VBA.
-Some knowledge of general Equity models used, although not completely necessary.

This bank has an exceptional Equity Exotics team, and is offering bonuses rare in this market.

To apply for Front Office Equity Derivatives Quant Analyst role please press the apply button or call 0207 019 4137 or email us on quantexotic@selbyjennings.com

My client looking to add to their team in the London office working on a trading desk. This successful group focuses on Foreign Exchange, covering the global market, enabling you to build on your research knowledge. While working on the trading desk, the role will also incorporate back-testing of the current strategies and along with creating new strategies.
Successful candidates will need:
A minimum of 3 years experience working in FX.
Excellent programming knowledge
(Preferable) Market making experience within FX.
Within this large, successful investment bank, this well-established team are offering the opportunity to move to a position that will primarily involve developing strategies. This position offers a particular competitive package in a role that would commence in January. Interviews are currently being scheduled, in order to be considered please apply to qfm@selbysennings.com.

Quantitative risk candidate required for global commodities trading firms risk modelling team focusing on VAR analytics and model implementation

- Market risk methodology | VaR Analytics | Commodities Background
- Singapore | Asia
- Base Salary – $120,000 SGD + $140,000 SGD bonus & additional benefits
A leading commodities trading firm is looking to expand its front office quantitative risk team with this key hire. The position will work closely with the front office teams in the development of strategies and procedures in the measurement of all models developed by the quantitative risk teams at the firm. The risk specialist will have consistent interaction with senior management and play an active role in new product development and implementation.
The market risk specialist will have the following responsibilities:
• Delivery of new risk information from front office systems
• Enhancements of the VaR methodology
• Oversee the global testing, rollout and implementation of VaR and other market risk models.
• Liaise with business facing risk managers as well as IT and risk methodology.
• Interact with senior management in other areas of the business in regards to new product development and its relation to quantitative risk.
The successful candidate is likely to have the following background and skill set:
• Degree educated (or equivalent) in a quantitative subject
• Good rates product knowledge, sound understanding of regulatory requirements and latest market best practice for VaR methodology and stress testing
• Thorough knowledge of vanilla financial Instruments and an appreciation of VaR techniques for both linear and non-linear portfolios
• Experience of managing front to back development in risk capture/infrastructure/reporting and modelling
• Experience of Trading/Market Risk/Credit Risk/Middle Office/Finance would be a pre-requisite
• Quantitative background and VBA/Access skills advantageous
Please send all applications to risk@selbyjennings.com

A top global investment bank has developed a new function covering quantitative analysis in Berlin and requires PhD and MSC level finance candidates

The role is ideal for any one from a quantitative background looking to work in a Bank where they can develop their career and skill set to work within a leading financial institution. The bank is looking to develop this newly created function in Berlin and is interested in seeing the best academic candidates from across Europe who is interested in moving into finance.

The role will involve working with all areas of quantitative analysis and risk within the bank globally. The team are looking to develop and enhance the academic skills of top graduates to act as a feeder group into the main financial hubs of the bank in London, New York, Singapore and Hong Kong in the first 12 – 18 months.

The successful candidates are likely to have the following background and skill set:

• Degree in Mathematics/ Statistics/ Engineering or equivalent quantitative background
• High degree of analytical skills
• English (verbal / written);
• Enthusiastic and keen to learn and develop skill set in a financial setting.

Please send all applications to risk@selbyjennings.com

Waterfront International is a Toronto-based financial consulting firm, specializing in developing computer based statistical trading strategies. Waterfront's selective hiring process considers only highly talented individuals with a history of exceptional professional and academic achievement, and solid real-world experience.


Primary Responsibilities:
- Perform financial market data research and analysis to identify and resolve data issues using advanced data mining techniques.
- Develop proprietary data mining tools and applications.
- Develop predictive models.

Requirements of the Candidate include:
- PhD or Masters in mathematics, statistics or computer science specializing in data mining.
- Strong working knowledge of data mining and statistics.
- Experience with machine learning and knowledge discovery techniques.
- Applied knowledge in text mining, natural language processing and sentiment analytics an asset.
- Must possess expert level C/C++ programming skills.
- Must be a strong self-starter and able to work well independently.

Waterfront International is a Toronto-based financial consulting firm, specializing in developing computer based statistical trading strategies. Waterfront�s selective hiring process considers only highly talented individuals with a history of exceptional professional and academic achievement, and solid real-world experience.


Primary Responsibilities:
- Developing, testing and implementing quantitative trading models.
- Models will be based on quantitative data analysis rather than qualitative analysis.
- Research strategies in equities and other markets.
- Perform historical backtesting to determine optimal strategy parameters.
- Generate new indicator ideas.


Requirements of the Candidate include:
- PhD or Masters in physics, statistics, mathematics or operations research.
- Strong working knowledge of statistics.
- Must possess expert level C/C++ programming skills.
- Must be a strong self-starter and able to work well independently.


Compensation will include immigration and relocation assistance.