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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| Senior Stats Data Scientist | Selby Jennings $140000 - $170000 per annum, Benefits: b... | New York City, NY | 19 Jun 13 |
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Senior Data Scientist Global Leading Financial Services Firm Greater New York City Circa $140,000 + $170,00...
| Sr. Risk Management | Comprehensive Recruiting Outstanding compensation and benefit pla... | New York City, NY | 19 Jun 13 |
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Global financial firm is looking to add a Sr. Risk Manager to lead their New York based team.
| Investment Associate | Twenty Recruitment Group - US highly competitive base salary, bonuses... | New York City, NY | 19 Jun 13 |
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Outstanding Investment Associate sought by boutique private investment firm. 3-5 years'' private equity, i-ban...
| Quant trader, hedge fund, short term trading strats equities or futures | Not Disclosed $150000 - $200000 per annum, Benefits: C... | New York City, NY | 19 Jun 13 |
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Great opportunity for an accomplished quant trader with low or high capacity strategies to get a better deal a...
| Sr. Systematic FX Trader | Revolution Search Inc. Very Competitive | New York City, NY | 19 Jun 13 |
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Growing NY based proprietary trading firm, recently started building its automated FX trading platform from sc...
| VP/Director level Quantitative Researcher for Fixed Income Statistical Arbitrage Desk | Revolution Search Inc. Very Competitive | New York City, NY | 19 Jun 13 |
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The Quantitative Trading desk of a major global hedge fund has recently made key hires as part of an expansion...
| Market & Credit Risk Analysts | Focus Capital Markets 120-180,000 | New York City, NY | 19 Jun 13 |
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We are one of the largest asset managers in the world facing many challenging valuation and scenarios. We in...
| Financial Engineer | Focus Capital Markets 100,000-150,000 | New York City, NY | 19 Jun 13 |
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Focus Capital is excited to announce we have multiple openings for Financial Engineers to build mortgage pre...
| C++ developers: learn portfolio Analytics | Focus Capital Markets 150,000 | New York City, NY | 19 Jun 13 |
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Our Portfolio Analytic team is building a world class system for risk management across a wide range of asset...
| Quantitative Strategist | Focus Capital Markets 80,000 to 160,000 | New York City, NY | 19 Jun 13 |
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Focus Capital has three openings for modelers with either an MS in Statistics or PhD''s in the mathematical s...
| C++ Consultants | Focus Capital Markets 800-1100 per day | New York City, NY | 19 Jun 13 |
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Focus Capital is hitting new highs in its 38 year history and is looking for 120 new developers for 2013
| Ph.D Graduates for Rotational Quant Program-Top Tier Investment Bank-NYC | Selby Jennings $120000 - $200000 per annum | New York City, NY | 19 Jun 13 |
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| Top Tier US Investment Bank- NYC- Junior and Senior Level Model Validation Analysts | Selby Jennings $120000 - $200000 per annum | New York City, NY | 19 Jun 13 |
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| Top Tier US Bank- NYC- Cross-Asset P&L Analyst | Selby Jennings $120000 - $200000 per annum | New York City, NY | 19 Jun 13 |
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| Top Tier US Investment Bank- NYC-Junior and Senior Level Model Validation Analysts | Selby Jennings $120000 - $200000 per annum | New York City, NY | 19 Jun 13 |
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| Senior C++ Quantitative Developer/Fixed Income Analytics | Selby Jennings Circa $150,000 - $180,000 plus bonus/ben... | New York City, NY | 19 Jun 13 |
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Senior C++ Quantitative Developer, Fixed Income Analytics, Manhattan, New York
| Desk Strategist-Morgan Stanley Electronic Trading | Morgan Stanley Competitive | New York City, NY | 18 Jun 13 |
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See job description for details
| Automated Market Making Desk Strategist - KDB Developer | Morgan Stanley Competitive | New York City, NY | 18 Jun 13 |
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See job description for details
| Credit Desk Strategist | Morgan Stanley Competitive | New York City, NY | 18 Jun 13 |
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See job description for details
| Foreign Exchange Desk Strategist | Morgan Stanley Competitive | New York City, NY | 18 Jun 13 |
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See job description for details
| Equity Derivative Desk Strategist | Morgan Stanley Competitive | New York City, NY | 18 Jun 13 |
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See job description for details
| Securitized Products Desk Strat Housing and Mortgage Credit | Morgan Stanley Competitive | New York City, NY | 18 Jun 13 |
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See job description for details
| Foreign Exchange Desk Strategist | Morgan Stanley Competitive | New York City, NY | 18 Jun 13 |
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See job description for details
| Desk Strategist-Morgan Stanley Electronic Trading | Morgan Stanley Competitive | New York City, NY | 18 Jun 13 |
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See job description for details
| Delta One Desk Strategist | Morgan Stanley Competitive | New York City, NY | 18 Jun 13 |
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See job description for details
| Risk Manager - Latam Credit | Comprehensive Recruiting Outstanding compensation and benefit pla... | New York City, NY | 18 Jun 13 |
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Premier Global Bank in NYC is looking to add a Risk Manager that will provide independent risk oversight of th...
| Quantitative Research/Developer | Rimrock Associates, Inc. 100k-250k | New York City, NY | 18 Jun 13 |
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Reaserch team seeks a strong C++ quantitative analyst/developer to help develop processes to automate manageme...
| Principal Credit Investments Analyst | Michael Page International Base and bonus | New York City, NY | 18 Jun 13 |
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Our client is the Principal Investment Arm of a Global Investment Bank seeking a Principal Credit Investment ...
| Prepayment Modeler | Comprehensive Recruiting Outstanding compensastion and benefit pl... | New York City, NY | 18 Jun 13 |
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Global financial firm is looking to add an experienced Prepayment Modeler to their Quantitative team.
| Quantitative equity researcher, medium frequency, New York | Carlton Senior Appointments $125000 - $150000 per annum, Benefits: P... | New York City, NY | 18 Jun 13 |
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Great opportunity to join a growing hedge fund and work on cutting edge quantitative research.