Credit Algo Quant

RBC•New York, NY

1d•$85,000 - $160,000•Onsite

About The Position

Provision of quantitative tools, analysis, and support to the GSP algorithmic trading desks. Development, delivery and support of advanced mathematical and data driven models for credit electronic trading.

Requirements

Post-graduate degree in a quantitative area such as mathematics, physics, finance, engineering, or computer science.
At least 3 years of experience providing quantitative support to trading desks.
Knowledge of corporate bond products and markets and experience with electronic trading.
Strong numerical and analytical programming skills.
Strong written and verbal communication skills. The ability to approach novel problems systematically and with tenacity.

Nice To Haves

Algorithmic Trading
Credit Trading
Critical Thinking
Economic Analysis
Financial Data
Financial Instruments
Investment Risk Management
Java (Programming Language)
Kdb+
Python (Programming Language)
Quantitative Methods
Quantitative Models

Responsibilities

Research, develop and implement mathematical models for price and risk of corporate bonds as part of electronic trading algorithms.
Improve and existing models, tools, and operational frameworks.
Support ad-hoc requests for quantitative tools and analysis from corporate bond electronic trading desk.
Document products and models.
Work closely with risk and control functions to achieve and maintain formal validation of models for official reporting.