E-Markets [Multiple Positions Available]

DESCRIPTION:

Duties: Integrate complex quantitative tools into the trading environment to enable traders to make informed decisions based on robust data and analysis. Resolve any pricing failures and booking issues that arise, ensuring that all transactions are accurately recorded and analyzed. Explain model behavior to traders, ensuring they understand how to utilize these tools effectively in their trading strategies. Analyze market data to understand market microstructure and regulations for patterns and trading opportunities. Implement, examine, and refine algorithmic trading strategies based on quantitative models. Develop, deploy, and support advanced models and engines to deliver accurate and timely quotes for derivative products. Assist the equity index flow trading desk by handling client trade pricing, quoting and hedging, and by offering clear explanations for profit and loss results.

QUALIFICATIONS:

Minimum education and experience required: Master's degree in Computational Finance, Mathematics, Statistics, or related field of study plus two (2) years of experience in the job offered or as E-Markets, Quantitative Research, or related occupation.

Skills Required: This position requires two (2) years of experience with the following: applying quantitative analysis techniques to support equity markets, including probability theory and stochastic calculus for modeling and predicting market behaviors; utilizing mathematical techniques, such as partial differential equations, numerical optimization, and statistical analysis, to facilitate equity derivative pricing, risk management, and execution; working in equity derivatives space, including inventory risk managing, conducting portfolio scenario analysis, and optimizing strategies to hedge derivative portfolios; utilizing valuation and modeling of equity exotic products, using financial instruments to apply mathematical models for accurate assessment of their value; developing using Python and C++ with quantitative models and creating analytical systems that enhance trading efficiency and book management; working with Trading and Structuring Control groups, analyzing client flow, backtesting trading strategies, and developing analytical systems to improve trading book management; and applying stochastic processes, finite difference methods, Monte-Carlo simulations, and probability theory to solve financial problems.

Job Location: 270 Park Ave, New York, NY 10017.

Full-Time. Salary:  $225,000 - $285,000 per year.