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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| Quantitative Software Developer | Quantitative Systems Based on Experience and Skillset | Manhattan, NY, 10018 | 25 May 12 |
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Quantitative Software Developer
| Market Risk Manager | Comprehensive Recruiting Outstanding compensation and benefit pla... | New York City, NY | 25 May 12 |
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Top NY based Financial Firm is looking to add a Market Risk Manager that will assist Senior Members of the Ris...
| Regulatory Risk Manager - MBS | Comprehensive Recruiting Outstanding compensation and benefit pla... | New York City, NY | 25 May 12 |
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Global financial firm is looking to add a Risk Manager responsible for assessing and managing financial risks ...
| Quantitative Credit Analyst | Macquarie Information not provided | New York, NY, 10001 | 25 May 12 |
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The Credit Trading quant team is looking to add a junior to mid level quantitative analyst.
| Developer - New York Technology Group | RIMES Technologies Corp competitive | New York City, NY | 24 May 12 |
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RIMES is the premier provider of financial data & flexible applications, and serves a growing Global Investmen...
| Front Office Credit Analyst / Developer | Comprehensive Recruiting Outstanding compensation and benefit pla... | New York City, NY | 24 May 12 |
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Global financial firm is looking to add an Analyst to their CDO Trading Desk.
| Quantitative Analyst- Market Risk Methodology | UBS AG - Investment Bank DOE | Stamford, CT, 06901 | 24 May 12 |
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We are looking for a Quantitative Analyst to join the Market Risk Methodology (Value-at-Risk) team within Firm...
| Senior Quant Developer | Netik LLC $150,000 Salary, plus Bonus | New York City, NY | 24 May 12 |
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Senior Index Pricing Quantitative Developer (C++/Unix )will require the Following Skill Set; • Strong C++ back...
| Quant-Model Validation (Credit Derivatives) | The Tuttle Agency 220,000-250,000 plus bonus | Grand Central, NY, 10017 | 24 May 12 |
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Our client is looking for a Quant Risk background for a Global Product Head for Credit Derivatives business. ...
| Principal ABS Modeling role with Major Asset Management firm | Selby Jennings QRF $175-250k Base Salary + excellent discre... | New York, NY, 10001 | 24 May 12 |
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This major asset manager that currently holds $8billion AUM is looking to expand in a number of areas and is l...
| Model Validation- Risk & Economic Capital | Not Disclosed $100k-120k base salary plus bonus | Washington, DC | 24 May 12 |
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Validate Risk Models, hands-on coding experience in C, C++, and experince with Economic Capital requirements. ...
| C++ Prop Trading | Rimrock Associates, Inc. 150-300k | New York, NY | 24 May 12 |
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Proprietary trading firm seeks talented up and coming C++ developer.
| C# Risk Developer | Rimrock Associates, Inc. 100k-250k | Greenwich, CT | 24 May 12 |
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This is an opportunity to join a very successful hedge fund specialized in quantitative trading and alternativ...
| SVP Level Quantitative risk manager- Tier 1 investment bank New York | Selby Jennings QRF $150,000-$200,000 base +bonus and benefi... | New York, NY, 10001 | 24 May 12 |
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SVP Level Quantitative Risk Manager-Credit/Interest rates focused
| VP, Quantitative Risk | Twenty Recruitment Group Highly competitive base, bonus & benefit... | New York, NY, 10036 | 24 May 12 |
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Our client, a global investment bank, is seeking a VP of Risk Management for their OTC clearing businesses.
| Corporate -- Quantitative Research -- Basel Model Process Reviewer-- VP -- New York | JPMorgan Competitve | New York, NY, 10001 | 24 May 12 |
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Please see the job description
| Director, Operational Risk Analytics Job | CapitalOne Competitive | Dunn Loring, VA, 22027 | 24 May 12 |
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See Job Description
| Boutique multi strategy hedge fund in Stamford is looking for senior risk specialist with experience of equities risk management within a buy side role | Selby Jennings Risk Team Exceptional Salary Package With PnL Perf... | Stamford, CT, 06901 | 24 May 12 |
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• Senior Risk Specialist | Multi Strategy Hedge Fund • Stamford, CT • Exceptional Salary Package With PnL Pe...
| Lead Quant: Greenfield Project | Eames Consulting Risk Up to $150,000 base, plus bonus and bene... | New York, NY, 10001 | 24 May 12 |
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Interested to speak with any New York based or who want to relocate, quants who are looking to join recession ...
| Quantitative Equity Strategist | Consumer Edge Research LLC Competitive | Stamford, CT | 24 May 12 |
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Leading Consumer Sector Equity Research Boutique located in Stamford, CT is looking for a Quantitative Equity ...
| Associate Quantitative Market Risk Modeling | Ashton Lane Group, Inc Excellent Base & Bonus | Washington, DC | 24 May 12 |
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Market Risk Model Validation Quantitative Analyst for a large commercial bank
| Quantitative Market Risk Associate | Ashton Lane Group, Inc Excellent Base & Bonus | Boston, MA | 24 May 12 |
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Support the portfolio management team of a prestigious fund.
| Investment Actuary Analyst | Ashton Lane Group, Inc Excellent Base & Bonus | Philadelphia, PA | 24 May 12 |
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Supporting the variable annuity hedging strategy of a leading financial institution.
| VP - Economic Capital Model Validation | Ashton Lane Group, Inc Excellent Base & Bonus | Washington, DC | 24 May 12 |
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Independent model validation for a large commercial bank
| Senior Weather Risk Analyst | Ashton Lane Group, Inc Excellent Base & Bonus | New York, NY, 10001 | 24 May 12 |
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Responsible for quantitative risk analysis for a boutique financial firm.
| Associate Prime Brokerage Risk | Ashton Lane Group, Inc Excellent base & Bonus | New York, NY, 10001 | 24 May 12 |
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Quantitative risk management within the prime brokerage business of an investment bank
| Director Quantitative Strategist | Ashton Lane Group, Inc Competitive Base & Bonus | Philadelphia, PA | 24 May 12 |
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Lead a variable annuity hedging strategy team within a leading financial institution.
| Quantitative Strategy Associate - Equity Risk Management | Ashton Lane Group, Inc Competitive Base & Bonus | Philadelphia, PA | 24 May 12 |
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Supporting the annuity hedging strategy of a leading financial institution.
| Quantitative Risk Developer | Ashton Lane Group, Inc Competitive Base & Bonus | Philadelphia, PA | 24 May 12 |
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Risk Systems and Rapid Application development within a leading financial institution
| Manager / Associate - Loss Forecasting and Basel II Model Validation | Ashton Lane Group, Inc Competitive Base & Bonus | Washington, DC | 24 May 12 |
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Credit Risk Model Analysis & Validation within a large financial services company