VP Structured Credit Quant Modeler
We are currently partnering with the Global Head of Quants at a top Investment Bank in NYC to build out their entire front office. He just got approvals to increase his headcount by 15% this year due to their stellar performance in 2021. Although they are expanding across all asset classes, one of their most premier initiatives is to expand their front office credit business. More specifically, they are looking to grow their structured credit business focused on structured notes, total return swaps, tranches and synthetic CDO's. They also recently brought on board a top Trader from one of their competitors and he has grown this business exponentially from a revenue perspective so this will be an opportunity to work directly alongside of this head Trader. Given all the new growth taking place in this area, they are looking for candidates that are hands on from a programming and modelling perspective as there is a lot of new model development to be done. This is a fantastic opportunity to join a growing business line/institution while also working alongside of one of the top credit traders on the street.
You will be working on:
* Working closely with structured credit traders on a daily basis on pricing trades, model/tool development and risk manage the trading book
* Develop new models from scratch as well as enhance the existing models for the structured credit business
* Collaborate with Quant Developer to implement new models into the model library
Ideal candidate must possess:
* 4-7 years of front office experience
* Programming experience in C#, C++ or Python
* Knowledge with CDO, credit linked notes or CDS (other FI products OK)
* Pricing model development experience
* PhD in a STEM degree preferred (Master's degree OK)
If you are interested in this opportunity, please apply with your CV directly.
