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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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| Trading Desk Strategist | Not Disclosed not disclosed | New York, NY, 10010 | 17 May 12 |
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Seeking quant developer/ strategist with 2-5 years of experience working with Non Agency MBS. Must have stron...
| Quantitative Trader | Quantitative Systems Based on Experience and Skillset | Manhattan, NY, 10018 | 16 May 12 |
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High Frequency Trading Firm in NYC seeks Quant Traders. 25% Research 25% Strategy 25% Development 25% Trading...
| AVP Agency RMBS Valuations- NYC | Huxley US$75000 - US$110000 per annum | New York, NY, 10001 | 16 May 12 |
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The successful candidate wil work within the bank's valuations group and work specifically with RMBS products....
| RMBS Valuation/Data Analyst - AVP | Deutsche Bank competitive | Manhattan, NY, 10005 | 16 May 12 |
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Deutsche Bank "Best Global Investment Bank 2010" A Passion to Perform. It's what drives us. More than a cl...
| Algorithmic Trading Quant Analyst/ High Frequency Trading Data- Urgent Hire/ NYC- $Competitive | eka Finance $Competitive | New York, NY, 10001 | 16 May 12 |
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Leading New York firm are looking to hire an algorithmic trading quantitative analyst who will analyze algori...
| Credit Risk Capital- VP | Not Disclosed $175,000 Basic Salary, plus bonus | Manhattan, NY | 16 May 12 |
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Develop Credit Risk Models for the portfolio, conduct stress tests, and monitor internal models and processes ...
| RMBS Quant | Not Disclosed $ open | New York City, NY | 16 May 12 |
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Quantitative Analyst with experience supporting the development of mortgage credit models and portfolio optimi...
| Executive Director - Operational Risk Methodology | Morgan Stanley not disclosed | New York, NY | 16 May 12 |
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See job description below
| Quantitative Credit Risk VP | Morgan Stanley not disclosed | New York, NY | 16 May 12 |
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See job description below
| Electronic Trading Systems -C++, Java Developer - New York | Analytic Recruiting Inc. Competitive comp | New York, NY | 16 May 12 |
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Electronic Trading Platform based in NY is looking for an experienced Quantitative Trading Systems Developer t...
| Director-Credit Risk Specialist-Credit Risk Analytics - New York | Analytic Recruiting Inc. Competitive comp | New York, NY | 16 May 12 |
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A top financial risk analytics firm in NY is looking for an experienced Credit Risk Specialist to identify, de...
| Credit Risk Manager | Not Disclosed Highly Competive Base Salary and Bonus | New York, NY | 16 May 12 |
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Leading Investment seeks a Credit Risk Manager with Repo exp.
| QUANT ANALYST ALGO TRADING | TTS Technology 140,000 | Manhattan, NY, 10016 | 16 May 12 |
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QUANT ANALYST FOR ALGO TRADING NEEDED FOR PREMIERE PUBLICALLY TRADED FINANCIAL SERVICES CO. ON MADISON AVE,
| Market Risk Manager | Comprehensive Recruiting Outstanding compensation and benefit pla... | New York City, NY | 16 May 12 |
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Top NY based Financial Firm is looking to add a Market Risk Manager that will assist Senior Members of the Ris...
| C++ Fixed Income Trading Systems Developer | Halliwell Search LLC To 200K base plus bonus | New York, NY, 10001 | 16 May 12 |
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Senior Fixed Income Analytic Development position, Global Investment Bank, Credit Flow Trade Desk. C++-UNI...
| Low Latency C++ Developer | Rimrock Associates, Inc. 150,000-300,000 | New York, NY | 16 May 12 |
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Multi-asset class quantitative trading and technology firm is looking for strong C++ developers
| Algorithmic Trading Strategist / Developer | Rimrock Associates, Inc. 500k-1mm | New York City, NY | 16 May 12 |
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The Algorithmic Trading team within Equities is looking to build out a brand new market making platform.
| Ultra-low Latency Sr. C++ Software Engineer | World Wide Financial Industry Recruiting Services, Competitive | New York, NY, 10001 | 16 May 12 |
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Do you bring something exceptional to the table? Start-up High Frequency Trading firm selectively seeking S...
| Quantitative Strategist | Focus Capital Markets 80,000 to 160,000 | New York, NY, 10169 | 16 May 12 |
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Focus Capital has three openings for modelers with either an MS in Statistics or PhD's in the mathematical sci...
| Securitized Products Valuation | Morgan Stanley not disclosed | New York, NY | 16 May 12 |
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See job description below
| VP - Equities Quant Modelling | Morgan Stanley not disclosed | New York, NY | 16 May 12 |
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See job description below
| Market Risk Quant - CVA Modelling | Morgan Stanley not disclosed | New York, NY | 16 May 12 |
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See job description below
| Senior Quantitative Developer – Listed Derivatives – Front Office Quantitative Analytics Group –Investment Bank - New York, NY | GQR Global Markets Up to $175,000 USD (DOE) + competitive b... | New York, NY, 10001 | 16 May 12 |
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A leading front office Quant Analytics group is proactively seeking a senior Quantitative Developer to expand ...
| 'Market Data KDB Engineer' - 'Market Data Trading Technology' - 'KDB Market Data Analytics Team' - Quantitative trading technology driven Hedge Fund - New York, USA. Reference (2012042 | GQR Global Markets Up to $200,000 USD base (DOE) + competit... | New York, NY, 10001 | 16 May 12 |
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By using the most sophisticated and cutting edge methods this institution has earned its reputation as a leade...
| Senior Quant Analyst – Operational Risk Management –Advanced Analytics & Quantitative Risk Modeling - Investment Bank – New York, NY | GQR Global Markets 150,000 USD (DOE) + very competitive bo... | New York, NY, 10001 | 16 May 12 |
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Within the risk management space, this growing group is actively seeking a lead risk analyst to join its Marke...
| Senior/Vice President Front Office Credit / CDO Quantitative Developer (C++/Unix) | Selby Jennings Technology Circa $175,000 upwards plus very competi... | New York, NY, 10001 | 16 May 12 |
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Senior Front Office Credit / CDO Quantitative Developer (C++/Unix) Global Credit Trading Desk - US Investment...
| Boutique High Frequency Prop Trading firm - Software Engineers (C++/Java) - Cira $400k TC | Westbourne Partners $250-400k + PnL Bonus | New York, NY, 10001 | 16 May 12 |
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Well funded ($Billion) Prop trading firm looking to hire Software Engineers (C++/Java) to help develop a marke...
| Equities, FX and Arbitrage Systematic Traders / Portfolio Managers Needed! London, NY, Chicago, USA, UK, Asia, Global! Capital/AUM and Opportunities Available!! | Stott and May Highly Competitive | New York, NY, 10001 | 16 May 12 |
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Several established prop houses and hedge funds are seeking established Equities, FX and Arbitrage systematic ...
| Alpha Generating Quantitative Researcher/Strategist - Stat Arb High Frequency Hedge Fund - Unprecedented Salary Packages | Westbourne Partners $250-400k + PnL Bonus | New York, NY, 10001 | 16 May 12 |
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High Frequency Statistical Arbitrage trading fund with an established fund in London and more recently an offi...
| Front Office Commodity Derivatives Quantitative Developer – New York –C++/C#/Excel/VBA | Selby Jennings Technology Circa $130,000 - $160,000 plus competiti... | New York, NY, 10001 | 16 May 12 |
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Front Office Commodity Derivatives Quantitative Developer – New York –C++/C#/Excel/VBA Leading Global Investm...
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