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In this section, you'll find all of our quantitative analytics jobs within the financial services sector.
In financial markets worldwide, the most successful trading strategies are developed by highly educated, mathematically skilled financial engineers nicknamed "quants." Quants write financial theories, computer models, valuation techniques and trading programs used by hedge funds and investment banks.
Quants employed in the financial sector usually have higher degrees and Ph.D.s in demanding subjects such as physics, economics or computer science, or any of several particular mathematical specialties like multivariate calculus, linear algebra, differential equations, probability theory and statistical inference.
For success in a quant job, you'll need to be familiar with common programming languages such as C++. You should also read and understand the work of economists Myron Scholes, Fischer Black and Robert C. Merton. Scholes and Black are synonymous with options pricing theory, having developed the famous Black-Scholes equation. The model they developed provided the fundamental conceptual framework for valuing options, and is now the de facto standard in international financial markets for valuing those instruments, alongside many different types of bonds and derivatives that contain embedded options.
Beyond qualifications, many employers expect candidates for quant jobs to pass a rigorous vetting process which includes verification of references and, in a more competitive role, published research.
A quant career might have a focus on designing and trading complex structured products such as derivatives. Hedge funds also hire a large number of quants.
To handle the bulk of daily trading volume, the use of computer-driven models or algorithms to both identify and rapidly execute profitable arbitrage opportunities has expanded in the past few years. In order to continue executing trades for funds that rely on those models, broker-dealers hire quants to refine the platforms and programs that communicate orders.
Risk-focused quants also work for specialized software vendors that handle the creation and production of risk management products.
Quantitative analytics is one sector of finance where a prospective employee with a Ph.D. isn't considered overqualified, although a master's degree in one of the subjects above is sometimes enough. Unlike with MBA candidates, the quality of your university isn't always a hiring consideration. When applying for a junior quant job, it's more important to show that you have the expertise needed to succeed in the job, demonstrated through a higher degree in mathematics, economics, physics, computer science or similar subjects, the ability to program complicated financial models and excellent communication skills. Many quants also aim to pass the Certificate in Quantitative Finance (CQF), designed by Dr. Paul Wilmott, as another demonstration of skill.
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| New York City | Senior Manager - Financial Valuations and Model Review Group | Selby Jennings Quant Competitive | New York, NY, 10001 | 09 Feb 12 |
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Senior Manger – Financial Valuations and Model Review Group | New York City Circa: $200,000 + bonus and be...
| Quantitative Analyst | Comprehensive Recruiting Outstanding compensation and benefit pla... | New York City, NY | 08 Feb 12 |
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Major NY based financial firm has an immediate need for multiple Quant Analysts within a variety of asset clas...
| OTC Risk Manager, | Not Disclosed Highly competitive compensation | New York, NY | 08 Feb 12 |
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Leading Financial Services firm seek a Risk Manager to join thei OTC products team.
| Analytics Content Manager | Thomson Reuters not disclosed | New York, NY | 08 Feb 12 |
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See job description below
| Junior PhD Quantitative Trading Program, Chicago or New York USD $125k basic + Performance bonus | www.maven-search.com $125k basic + Performance bonus (total... | New York, NY, 10001 | 08 Feb 12 |
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Our client is one of the largest global automated market-making firms and are currently hiring for their 2012 ...
| Financial Analyst | Oxbow Group Competitve | West Palm Beach, FL | 08 Feb 12 |
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Oxbow Carbon LLC is a private company based in West Palm Beach, Florida. It was founded in 1984 by Chief Execu...
| Quants & Traders required by exceptional based high frequency trading firm - London | NJF Search International Upto £300k basic and excellent packages | New York, NY, 10001 | 08 Feb 12 |
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My client is a leading global multi-asset class trading firm built on cutting edge technology combined with so...
| Need for speed – High Frequency Trader / Researcher | NJF Search International 150000-500000 | Chicago, IL, 60601 | 08 Feb 12 |
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High Frequency Trading, Automated Market Making, Statistical Arbitrage, Computer Science, Physics, Engineering...
| Senior Model Review Quant (ED level) | Anson Mccade Very attractive | New York, NY, 10001 | 08 Feb 12 |
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My client is looking to expand their model review group and so they are looking to bring people on board in a ...
| Risk Manager - Counterpary Risk | Comprehensive Recruiting Outstanding compensation, benefit and re... | Charlotte, NC | 08 Feb 12 |
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Global Financial Institution is looking to add a Risk Manager that will work with Treasury and the business to...
| Fixed Income Portfolio-Quantitative Analyst - Boston | Analytic Recruiting Inc. Commensurate with exp | Boston, MA | 08 Feb 12 |
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A global fund manager is seeking a Fixed Income Quantitative Research Analyst with a strong background in valu...
| Director - Lead Commodities Quant | Selby Jennings Quant Exceptional and Unrivalled | New York, NY, 10001 | 08 Feb 12 |
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Location: New York, USA/Charlotte, NC, USA/ San Francisco, USA/ Houston, USA Salary: $300,000 USD base (exper...
| Excellent commodity derivatives quant wanted for global financial institution - New York City; USA | Selby Jennings Quant Excellent | New York, NY, 10001 | 08 Feb 12 |
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Commodity derivatives Quant New York City | USA Top financial house – global
| Top Tier Investment Bank seeking VP level Credit and emerging markets quants. - NYC, USA | Selby Jennings Quant $150-230kBase (experience dependent) + e... | New York, NY, 10001 | 08 Feb 12 |
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New York City, USA, Salary – $150-220k Base (experience dependent) + excellent performance related bonus
| High Frequency Developer | Rimrock Associates, Inc. 150k-300k | Stamford, CT | 08 Feb 12 |
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Work on high-frequency trading platform. Assist in the development of optimal execution strategies and ...
| High Frequency Lead | Rimrock Associates, Inc. 1-5mm | Chicago, IL | 08 Feb 12 |
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This is an opportunity to help a premier firm build out a New High Frequency Trading desk from scratch.
| C++ Prop Trading | Rimrock Associates, Inc. 150k-300k | Chicago, IL | 08 Feb 12 |
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Design and develop proprietary software applications used to execute proprietary trading strategies
| VP Economic Capital Model Validation | Ashton Lane Group, Inc Excellent Base & Bonus | Washington, DC | 08 Feb 12 |
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Managing the quantitative modeling & analysis for a large commercial bank
| Associate Quantitative Market Risk Modeling | Ashton Lane Group, Inc Excellent Base & Bonus | Washington, DC | 08 Feb 12 |
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Market Risk Model Validation Quantitative Analyst for a large commercial bank
| AVP - Statistical Analysis | Ashton Lane Group, Inc Excellent Base & Bonus | Washington, DC | 08 Feb 12 |
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Quantitative statistical risk management for a large commercial bank
| VP - Statistical Analysis | Ashton Lane Group, Inc Excellent Base & Bonus | Washington, DC | 08 Feb 12 |
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Senior quantitative credit risk manager for a large commercial bank
| Asset Liability Management Analyst | Ashton Lane Group, Inc Excellent Base & Bonus | Washington, DC | 08 Feb 12 |
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Risk analysis and reporting for a large commercial bank
| Asset Liability Management Analyst - Washington, DC | Ashton Lane Group, Inc Excellent Base & Bonus | Chicago, IL | 08 Feb 12 |
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Risk analysis and reporting for a large commercial bank. Position is located in Washington, DC.
| Manager - Statistical Analysis / Basel II Modeling | Ashton Lane Group, Inc Excellent Base & Bonus | Washington, DC | 08 Feb 12 |
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Quantitative credit risk modeling for a large retail bank
| Manager - Statistical Analysis / Basel II Modeling - Washington, DC | Ashton Lane Group, Inc Excellent Base & Bonus | San Francisco, CA | 08 Feb 12 |
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Quantitative credit risk modeling for a large retail bank. This position is located in Washington, DC
| Quantitative Market Risk Associate | Ashton Lane Group, Inc Excellent Base & Bonus | Boston, MA | 08 Feb 12 |
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Support the portfolio management team of a prestigious fund.
| Investment Actuary Analyst | Ashton Lane Group, Inc Excellent Base & Bonus | Philadelphia, PA | 08 Feb 12 |
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Supporting the variable annuity hedging strategy of a leading financial institution.
| Associate ALM / Market Risk Governance | Ashton Lane Group, Inc Excellent Base & Bonus | Washington, DC | 08 Feb 12 |
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Developing market risk management strategies for a large commercial bank
| Vice President Market Risk ALM Strategy | Ashton Lane Group, Inc Excellent Base & Bonus | Washington, DC | 08 Feb 12 |
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Senior position developing ALM management strategies for a large commercial bank
| VP - Economic Capital Model Validation | Ashton Lane Group, Inc Excellent Base & Bonus | Washington, DC | 08 Feb 12 |
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Independent model validation for a large commercial bank
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