This top-tiered Investment Bank is expanding rapidly at the moment due to a successful year and is looking to take on a highly talented Quantitative Analyst to join their award winning global Quantitative Risk and Valuation Group. The team provides quantitative support for non-Front Office based derivative business areas; this includes FX, fixed income, hybrid, structured funds and credit derivative asset classes. The Group works closely with Front Office quantitative groups, systems developers, Risk Management and Product Control which will provide the successful individual tremendous business exposure. The group consists of Model Validation and Analytics teams.



Responsibilities for the Front Office Credit Quant Analyst role:

-Developing tools (in C++ and VBA) to calculate fair value adjustments to address model deficiencies or otherwise align valuations with market practice.

-Assessing and examining parameter uncertainty within illiquid/complex derivative or structured transactions.

-Devising, examining and implementing calibration approaches for complex derivative models.

-Examining the impact of pricing deal portfolios using alternative market data sources.

-Extensive use of C++ and VBA to develop tools used by Product Control to address some of the above points.



Required skills for the Front Office Credit Quant Analyst role:

This is an excellent opportunity to work closely with experienced Quantitative Analysts working on mathematical based projects for a leading investment bank. This role requires a combination of mathematical and programming skills, the successful candidate should:

-Hold a masters degree or doctorate in mathematics, physics, engineering or another quantitative field from a top school.

-Have experience in a quantitative analyst role;

-Have good C++ and VBA coding skills demonstrated via experience in implementing financial pricing models;

-Have a flexible, enthusiastic work ethic and enjoy developing quantitative solutions to market based model problems.



The Person:

-This individual will be expected to eventually run his/her own team, so strong leadership qualities is essential, and someone who can inspire and motivate those around them.

-Have strong initiative to act on his/her feet, as fast decisions will have to be made.

-The ability to identify and fix problems quickly in a fast paced, exciting environment.

-Enthusiastic and driven to succeed as this Investment bank are looking for individuals to drive the business forward into the future.



To apply for this Front Office Quant Analyst role please press the apply button or call 0207 019 4137.