Snr Quant Developer, Global Credit Trading (VP, Dir)

London
Ref: QDGCT-0111
To £200K + Package
Top-tier Investment Bank
Python, C++, with CDS, CCDS, HY Bonds, Options, Default Recovery Pricing

Fantastic opportunity for an experienced Quant Developer to join a top-tier investment bank and work on a market leading Front Office analytic pricing and risk management system interfacing with both the Mid & Back Office. You will be joining the Front Office Strats team to development their strategic pricing, eTrading, risk and P&L platform for the Credit Trading business which will integrate front office functions into a single architecture.

RESPONSIBILITIES:

  • Improve the automation of Risk and PnL processes and enable controls (market object, model choice, calibration choice, booking exception policy)
  • Developing solutions to automate computation reserves, Independent Price Verification (IPV), aged inventory report, secured funding curves, and creation of database to support modeling and hedging algorithms
  • Implementing the new automated processes and controls through enhancements to the bank’s strategic infrastructure or through Strat solutions. New processes & controls to be fully automated and leverage the Bank’s strategic static, product, trade, market data and risk repositories
  • Working in partnership with Trading, Structuring, Technology and Operations to drive the build-out of the strategic analytics platforms

EXPERIENCE REQUIRED:

  • Strong quantitative, modelling, pricing and risk management skills, gained in financial services
  • Strong coding skills in either C++, Java or Python
  • Understanding of both Cash & Derivatives for Global Credit Trading (CDS, CCDS, Bonds, Options, Credit Products)
  • Experience of developing and maintaining banking applications with Java, Python or C++
  • Strong experience of infrastructure & database technologies including Oracle and UNIX from a development perspective
  • MSc or PhD in Finance, Maths, Physics, Comp Sci, Econometrics, Stats or Engineering
  • The ability to communicate across multiple teams, excellent presentational skills