Position Purpose
Overall purpose of the position:
Enhance the quantitative research capabilities of the BNPP AM China, assist in strengthening the daily communication, goal setting, and business synergy between the Investment team and the Quantitative Research Group. Provide targeted quantitative research support, assist in the adjustment and optimization of quantitative models, ensuring the model maintains competitiveness in the market and aligns with investment objectives.
Why this position exists:
Currently, the BNPPAM China is lacking quantitative researcher. As the reliability and effectiveness of quantitative models will have a significant impact on the performance of investment strategies, setting up this position to providing necessary quantitative technical support, strengthen the synergy between functions, fulfill the investment objectives in business operations.
How it will contribute in achieving the team’s goal:
The Quantitative Researcher will provide various quantitative research supports to the Investment team, design and build quantitative models based on the strategy type and investment objectives, perform data analysis and backtesting according to validate model performance, and maintain and optimize quantitative solutions in daily work to ensure the effective implementation and continuous operation of investment strategies
Responsibilities
Direct Responsibilities
- Provide quantitative support to trading, risk management, or portfolio teams.
- Design, implement, and maintain quantitative models.
- Collaborate with stakeholders to understand business needs and translate them into quantitative solutions.
- Perform data analysis and backtesting to validate model performance
- Ensure models comply with internal governance and regulatory standards
- will be working the various quantitative topics that may be considered in the future as key for BNPPAM China
Permanent Control Aspects:
- Direct contribution to BNPP operational permanent control framework
- Contribute to the implementation of operational permanent control policies and procedures in day-to-day business activities, such as Control Plan
- Comply with regulatory requirements and internal guidelines
- Contribute to the reporting of all incidents according to the Incident Management System
- Ensure audit recommendations are resolved within the specific timeline
Contributing Responsibilities
Technical & Behavioral Competencies
- An advanced degree in Data Science, Econometrics, Quantitative Finance, Mathematics, Computer Science, Physics, or Engineering
- Strong quantitative skills and interest in Machine Learning, Big Data and Finance
- Advanced programming skills -- Python, and any other related language
- Strong analytical mindset, capable of thinking critically, identifying patterns
- Good communication skills. You can explain a complicated issue in easy words, give recommendations based on clear logic and intuition, and convince stakeholders
