Broadreach is conducting a search to find a strong Quant Developer for a leading Fixed Income team at a major hedge fund.  The Fixed Income Trading Analytics Quant Developer will design, develop, test, implement and support trading solutions for Portfolio Managers, whose primary asset class is FI & FI derivatives, but also include foreign exchange, commodities and equities and their derivatives. The candidate must be focused, detail-oriented and be rigorous in his/her analysis. This person will work closely with trading personnel.

RESPONSIBILITIES:
• Build effective models and analytical tools to help trading personnel identify trading opportunities
• Build tools to enable traders to examine the performance of trades under various scenarios as well as understand the risks of these trades, using both historical data and hypothetical future scenarios provided by traders
• Design, develop, test, implement and support quality trading models in a timely manner to meet traders’ requirements
• Evaluate, acquire, integrate, test, implement and support external solutions where appropriate to meet traders’ requirements
• Work closely with the trading personnel to gather and analyze requirements
• Continually research, evaluate and implement solutions to help trading personnel increase revenue, improve the quality of their work, reduce costs, attain efficiencies and better manage risks
• Educate trading personnel on the use and limitations of technology solutions
• Document work so others can provide support when necessary
• Manage responsibilities pertaining to business continuity preparedness, documentation, Disaster Recovery site visits, etc.

QUALIFICATIONS & EXPECTATIONS:
• Masters degree in Mathematics, Physics, Computer Science or related field required
• PhD in the above or related fields is highly desirable
• Minimum of 5 years experience in supporting traders and portfolio managers
• More than 5 years of application development and integration experience
• Minimum of 3 years experience in supporting fixed income derivatives (including interest rate swaps, credit default swaps, government and corporate Bonds, Interest rate futures, stations, spread options, cap floors and mortgages)
• Extensive knowledge of interest rate derivative models is essential. Further knowledge of advanced yield curve models is desirable
• Knowledge of and experience with foreign exchange, equities and commodities and their derivatives is desirable
• Knowledge of Stochastic Calculus and Probability Theory and Distributions is highly desirable
• Experience with Excel is mandatory
• Experience with .Net, C#, C++ or Java is highly desirable
• Experience with Matlab, SQL, VBA, Sybase, Fincad or Numerix is highly desirable
• Experience working with Bloomberg is mandatory; experience with other market data providers is desirable
• Experience with Murex, Intex, Prepayment models, Panorama and other FI and FI Derivatives tools/applications is highly desirable
• Excellent quantitative skills
• Very good communication and interpersonal skills

Please read these requirements carefully before applying to this position.  Well qualified candidates are encouraged to apply immediately.

Steve Cassata
Principal
Quant/Technology Practice

Broadreach Group
111 Broadway, Suite 404, New York, NY 10006
Direct: (646) 277 3649

Mobile: (585) 738 9077
Email: SCassata@BroadreachGrp.com
www.BroadreachGrp.com