Delta-1/Synthetic Equity Strat – VP level

  • Competitive Market Rate
  • London, England, United Kingdom
  • Permanent, Full time
  • Anson McCade
  • 20 Sep 16

Analytics and Technology are seen as central to Markets Front Office business, not as support functions. Strats combine expertise in quantitative analytics, modeling, pricing and risk management with deep understanding of system architecture and programming. Their primary output is a scalable and flexible Front Office pricing and risk management system with consistent interface to Middle and Back offices. The consistency in analytics and the technology platform ensures that no arbitrage can exist between various parts of the Bank as well as rational allocation of constrained resources, including risk budget, balance sheet, funding, and capital.

Delta-1/Synthetic Equity Strat – VP level
London based

Analytics and Technology are seen as central to Markets Front Office business, not as support functions. Strats combine expertise in quantitative analytics, modeling, pricing and risk management with deep understanding of system architecture and programming.  Their primary output is a scalable and flexible Front Office pricing and risk management system with consistent interface to Middle and Back offices. The consistency in analytics and the technology platform ensures that no arbitrage can exist between various parts of the Bank as well as rational allocation of constrained resources, including risk budget, balance sheet, funding, and capital.

Key responsibilities: 

  • Defining and implementing the Strat solutions across the Equities business to automate effective business processes to support the strategic build out of the Bank’s Index and Custom platform.
  • Particular focus on equity derivatives in Europe. However, as part of a global team a successful candidate is expected to deliver solutions that work globally.
  • Working closely with Trading, Structuring to develop new products and calibrations and to determine the optimal model for pricing and risk management.
  • Working closely with equities Product Development Group (PDG), Group Technology and Operations (GTO) to rationalize and deliver optimal business processes and infrastructure.

Skills & Qualifications: 

  • Strong quantitative analytic, modelling, pricing and risk management skills,  with experience within a financial services environment
  • Strong computing and programming (coding) skills and experience, utilising programming languages such as Python, Matlab, R, S-Plus, C++, Structured Query Language (SQL) and Oracle
  • A very good understanding of Equities with specialist expertise relevant to Synthetic Equity, platform development and Delta-1 products
  • Detailed knowledge of Banking and Hedge Fund industries, ideally from within a Delta 1 business
  • Relevant education such as a Bachelor of Science (BSc)/Master of Science (MSc)/Doctor of Philosophy Degree (PhD) in a relevant subject such as Finance, Maths, Physics, Computer Science, Econometrics, Statistics or Engineering, or the equivalent work experience or qualifications
  • The ability to communicate effectively across multiple teams and functions, in addition to excellent presentational skills
  • A team player with strong interpersonal skills, leadership skills and multi-cultural understanding
  • Able to multi-task different projects and prioritise against tight deadlines
  • Willing and able to travel occasionally