Fixed Income Division – Associate, Applied Mathematician - Electronic Trading & Quantitative Finance (New York)
Core
Develop robust derivative pricing and hedging models, optimize bond inventories, and build unified market-making portfolios using stochastic control and statistical analysis for real trading environments.
Role type
Senior IC applied mathematician (quantitative finance)
Builds
Production trading algorithms, risk management tools, and pricing models for stocks, bonds, and derivatives
Domain
Financial services, quantitative finance, stochastic control
Deliverable
production ML models | product features
Required skills
stochastic calculus, optimization, statistical analysis, numerical methods, probability theory, programming for prototyping
Preferred skills
derivatives mathematics, sparse estimation, dimensionality reduction, noisy data handling
Technologies
Python, C++, MATLAB (implied by 'programming' and 'simulations' in quant context)
Responsibilities
Formulate mathematical models from first principles, perform challenging statistical analysis on market data, write simulations to validate theories, develop robust pricing and hedging strategies
Seniority
Senior, hands-on IC