Description
Our Investment banking client is looking for a Quantitative Analyst to join their team.
The Team
The FIRST Research Group is responsible for most aspects of quantitative research within the Fixed Income universe, covering Interest Rates, FX and Credit. Covering the credit perimeter there are teams in London, New York and Asia supporting trading activities of the Flow and Structured desks. The e-credit teams is focussing specifically on developing electronic market making algorithms on credit products.
The Role
This is a Front Office senior quantitative analyst role with a focus on electronic market making of bonds, specifically in the US
- Develop models and e-trading algorithms for a significant number of US bonds
- Calibrate, backtest and adjust the models to achieve good performance on the liquid IG perimeter
- Implement the models in Java in the e-trading system
- Work with traders to test and rollout the algorithm in an e-Book setup
- Take an active part in the support and development activities of the algorithm
Candidate Profile
Mathematics, Theoretical Physics or similar background -MA/MSc/PhD/DEA level
5-10 years of experience as e-Credit Quant, specifically on US bonds
Strong programming skills - Java, Python, R
Experience of credit/flow business in research or trading environment is an advantage
Other Finance and Financial Maths experience and/or qualifications are an advantage