Talent.com
Quantitative Analyst

Quantitative Analyst

Groom & Associés / AssociatesGreater Montreal Metropolitan Area, Canada
11 days ago
Job type
  • Full-time
  • Permanent
Job description

Sr Quantitative Analyst – International Bank

This is a French international banking group and the world's largest cooperative financial institution.

Nearly 8,600 employees across Europe, the Americas, Asia-Pacific, the Middle East and North Africa support their clients, meeting their financial needs throughout the world. This bank offers its large corporate and institutional clients a range of products and services in capital markets activities, investment banking, structured finance, commercial banking and international trade. The Bank is a pioneer in the area of climate finance, and is currently a market leader in this segment with a complete offer for all its clients.

They have near-shored from their New York office and moved their operations to Montreal which is exciting news! They have a nice brand new office downtown. This a chance to join a very stable environment as these roles already existed in New York before the move. We are currently looking for an Quantitative Analyst .

That said, they are seeking candidates from Financial mathematics, Financial Engineering or something similar + strong experience in Interest Rates Derivatives pricing models . Skilled in mathematics, and proficient in programming C / C++ and / or Python or other prog languages.

Title : Sr Quantitative Analyst

Location : Montreal

Work model : Hybrid, 2-3 days remote work allowed

Type of position : Full time and permanent

Salary : 150k + 25%. 4 weeks vacation. They offer a great benefits package. RRSP matching, you contribute 2% and they contribute 8%.

What you will do :

  • Responsible for the validation of pricing model used by product Lines
  • Implementation of alternative pricing model
  • 3-5+ years of experience with option pricing theory (quantitative models for pricing and hedging derivatives)
  • Programming with C++ and Python (up to 25% of their time)
  • Strong understanding of pricing model validation. (being able to analyse the model proposed by trading to price some derivative products (eg. interest rate products or cross assets- equities, FX etc.)

Skills and Competencies (Hard and Soft Skills) :

  • Knowledge of financial mathematics
  • Produce code in C++ and Python
  • Interest in quantitative aspect of financial products.
  • Ability for wok in a team.
  • Motivated by work, join the team.
  • French is an asset

    • Educational Qualifications (Degrees, Certifications) :

    Degree in financial mathematics or something similar.

    Team Structure : Size Team, Team members’ location, etc.

  • Team is mainly based in Paris.
  • 13 people in Paris. Partly in London (5 people) -Total 18
  • Teams are organized by business lines- like equity derivative, interest rate derivative, FX, XVA (Additional valuation feature like credit addition valuation), algorithmic trading etc.
  • Building up the team in Canada.

    • Reporting to : Head of RPC Team

    Potential Challenges in the Role :

    Having a good understanding of the work, because it is complex. It will be a great opportunity for young people with finance background to join this team, They have a good knowledge on the subject and progress very quickly within the team.