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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| Counterparty Credit Risk - Quant Modeller | 7FiftyTwo Solutions £500-700/day | UK-London | 22 May 13 |
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CCR Methodology Team are currently looking for 3 Modellers to join thier Traded Credit Risk Team to help with ...
| Research Analyst | Absolute Return Partners Competitive | UK-London | 09 May 13 |
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ARP's investment team is responsible for actively researching, identifying, performing due diligence, investin...
| Web Developer | Acadian Asset Competitive | Boston, MA | 10 May 13 |
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Deliver interactive solutions with rich user experiences. A thorough understanding of visual design principles...
| Senior Analyst, Model Integration | Acadian Asset Competitive | Boston, MA | 26 Apr 13 |
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This role is part of Acadian's investment team and the individual will partner with researchers to build tools...
| Senior Actuary - P&C Aggregation Analytics | AIG Negotiable | Queensbridge Houses, NY | 21 May 13 |
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We are seeking a Senior Actuary for the ERM Risk Aggregration team to advance our modeling capabilities and co...
| Credit Research Senior Analyst/Technical Expert - SAS, STATA | AIG Negotiable | Queensbridge Houses, NY | 29 Apr 13 |
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Individual will conduct credit market surveillance and analysis across multiple sectors and will build and mai...
| Managing Director - ERM Stress Testing | AIG Negotiable | Queensbridge Houses, NY | 16 Apr 13 |
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Managing Director, Stress Testing for AIG ERM will play a key role in the Analytics projects for AIG. Individu...
| Quantitative Analyst | Amoria Bond Competitive | Singapore | 21 May 13 |
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Quantitative Analyst urgently needed for an established fund with global presence. Working as part of the fixe...
| Consumer Credit Risk Analysts (Statistics, Math, SAS)- Financial Risk Consulting- Washington, DC | Analytic Recruiting Inc. Competitive comp | Washington, D. C., DC | 21 May 13 |
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A pre-eminent finance and risk management Consulting firm is looking for Credit Risk Analysts with strong SAS ...
| Investment Quant-Rates/Structured Credit- Model Validation (PhD) - New York | Analytic Recruiting Inc. Competitive comp | New York City, NY | 20 May 13 |
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Major financial firm in NYC is looking for PhD-level quant modelers with extensive experience in developing an...
| Statistician - Quantitative Analyst (OLS, GLM, MCMC, SAS) Insurance - New York | Analytic Recruiting Inc. Competitive comp | New York City, NY | 17 May 13 |
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A Major New York based Property and Casualty Insurance Company is looking for Statisticians/Quantitative Analy...
| Director-Interest Rates/Derivatives Quantitative-Model Validation - Market Risk - New York | Analytic Recruiting Inc. Competitive comp | New York City, NY | 17 May 13 |
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Major financial firm in NYC is looking for PhD-level quant modelers with extensive experience in developing an...
| RMBS Agency Non-Agency Modeler Strategist - NYC | Analytic Recruiting Inc. Competitive comp | New York City, NY | 15 May 13 |
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A hedge fund with offices in New York City is seeking an experienced mortgage prepayment and/or default modele...
| Quantitative Developer C++, Derivatives - NYC | Analytic Recruiting Inc. Competitive comp | New York City, NY | 14 May 13 |
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Global investment bank seeks a quantitative developer for a global, front office risk management credit & rate...
| Java Mortgage Analytics INTEX -- Hedge Fund | Analytic Recruiting Inc. Competitive Compensation | New York City, NY | 14 May 13 |
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A high-end hedge fund with offices in New York is building-out its fixed-income analytics infrastructure for ...
| Senior Risk Management Quantitative Analyst - NYC | Analytic Recruiting Inc. Competitive comp | New York City, NY | 14 May 13 |
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Major global investment bank seeks a Senior Market Risk Quantitative Analyst to lead multiple projects for Por...
| Actuarial/Asset/Liability-Senior Risk Modeling Manager-Insurance Company - NY | Analytic Recruiting Inc. Competitive comp | New York City, NY | 14 May 13 |
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A NY based Global Insurance Company is looking for a Senior Manager to help oversee all of the analytical mode...
| Mortgage WL RMBS Collateral Analyst Desk Analyst - NYC | Analytic Recruiting Inc. Competitive comp | New York City, NY | 14 May 13 |
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A major hedge fund with offices in NYC seeks an accomplished mortgage analyst to join the Whole-Loan trading d...
| RMBS NonAgency Desk Analyst/PM | Analytic Recruiting Inc. Competitive comp | New York City, NY | 14 May 13 |
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A hedge fund with offices in NYC seeks an accomplished RMBS desk analyst to join the NonAgency desk.
| Credit Market Surveillance - Economic Forecasting and Credit Research - New York | Analytic Recruiting Inc. Competitive comp | New York City, NY | 14 May 13 |
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Major NY based Financial Firm is looking for an experienced credit research analyst who has solid econometric/...
| Non-Agency RMBS Research-Portfolio Strategy/Risk Management - New York | Analytic Recruiting Inc. Competitive comp | New York City, NY | 14 May 13 |
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The Asset Management Division of a NYC Financial Firm is looking for a Quantitative Non-Agency Mortgage Specia...
| Quantitative Developer (Oracle PL/SQL-R-UNIX) - Investment Analytics - Boston | Analytic Recruiting Inc. Competitive comp | Boston, MA | 14 May 13 |
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A Boston based Investment Manager is building-out its Investment Analytics and Risk Solutions Application team...
| Rates Derivatives Quant/Data Modeler (C++) (PhD) - Pricing Models - NY | Analytic Recruiting Inc. Competitive comp | New York City, NY | 14 May 13 |
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New York based Financial Firm is looking for an Interest Rate Derivatives (PhD) Modeler to join their Derivati...
| Natural Catastrophe Model Validation (PhD) Insurance Analytics - New York | Analytic Recruiting Inc. Competitive comp | New York City, NY | 14 May 13 |
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Global Financial Firm in NY is looking for an experienced Nat Cat Modeler for their Catastrophe Risk Model Val...
| Consumer Credit Risk Business Strategist - Analytics (SAS/CHAID) - (Credit Cards, Retail Loans) | Analytic Recruiting Inc. Competitive comp | New York City, NY | 14 May 13 |
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New York based Bank''s Credit Risk Analytics team is looking for a Consumer Credit Risk Analyst to join the Ba...
| Variable Annuity Hedging - Derivatives (C++/Matlab) Risk Management - Insurance - Los Angeles, CA | Analytic Recruiting Inc. Competitive comp | Los Angeles, CA | 14 May 13 |
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The Asset Management arm of a major Insurance Company in Los Angeles is looking for an experienced Quantitativ...
| Structured Products (MBS)/OTC Derivatives - Valuation Quant Modelers C++ - New York | Analytic Recruiting Inc. Competitive comp | New York City, NY | 14 May 13 |
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Major financial firm in NYC is looking for PhD-level quant modelers with extensive experience in developing va...
| Actuarial Risk Analyst (ACAS, FCAS) - Major Property and Casualty Insurance Company - NYC | Analytic Recruiting Inc. Competitive comp | New York City, NY | 14 May 13 |
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NYC Insurance Company is looking for an experienced (5-7 years) Property and Casualty Actuarial Risk Analyst t...
| Trading Systems Project Lead/Programmer-(.NET C#, Infragistics) Hedge Fund - Los Angeles | Analytic Recruiting Inc. Competitive comp | Los Angeles, CA | 14 May 13 |
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A Los Angeles Hedge Fund is looking for a .NET C# Programmer/Project Lead to enhance and maintain Front Office...
| Quantitative Trader Equities | Anson McCade Competitive Market Rate | UK-London | 23 May 13 |
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The team focuses on using quantitative methods and computational solutions in maximizing trading returns. This...