Job Title:	Quantitative Analysts - Equity Derivatives
Reference:	BC1002-23/2
Salary:	up to £800/day
Location(s):	London, London East, London North, London South, London West, Middlesex, City of London
Industry(s):	Financial Services
Advertiser:	IMSworldwide
Employment Type:	Contract
Posted:	12-02-2010

Description:

The Role:

Our client, a leading Investment Bank requires two experienced Model Development Quantitative Analysts to deliver analytics in its expanding Equity Derivatives business.
Reporting to the Head of Derivative Model Validation, the incumbent will be responsible for assessing the current risk models, deconstructing the models to assess their integrity and model limitations, checking code, and developing new models. As a senior Quantitative specialist you will manage stakeholders, and deliver real value to the business.

The Organisation:

Leading Banking Group.

The Candidate:

The successful candidate will be an experienced quantitative/model analyst with good understanding of equity derivative products. You should possess demonstrable experience developing and reviewing models for front office trading teams. Your mathematical modelling capability (Monte Carlo methods, stochastic processes, PDEs) should be enhanced by strong communication skills, able to communicate across the business and gain the trust of stakeholders with the presence to challenge any areas of concern.