BNP Paribas Securities Corp.
Job Title: Vice President – Front Office Quantitative Research
Location: 787 Seventh Avenue, New York, NY 10019
Duties: Participate in global research and development effort on modeling of financial products. Design end to end solution and implement new pricing, hedging, and risk management tools and methodologies, including improving existing ones. Validate changes to methodologies and models for financing activities. Support the desks on issues related to risk, pricing and trades and train the desk on models and best practices. Play an active role in front office activities by collaborating with other functions (Trading, Sales, IT, and Market Risk) and Research globally. Maintain open communication with team, direct line management, and senior management, to fulfill firm notification requirements and pass on client concerns. Participate in the leadership of the platform.
SALARY: $185,000 – $225,000 / year
Work Schedule: 9am to 5pm, 40 hours a week. (Monday – Friday)
Job Requirements: Master's degree (U.S.or Foreign Equivalent) in Financial Engineering, Computational Finance, Operations Research, or a related field and two (2) years of experience in job offered or in a related financial analytics and quantitative research role within a financial services organization OR Bachelor's degree (U.S. or Foreign Equivalent) in Financial Engineering, Computational Finance, Operations Research, or a related field and four (4) years of experience in job offered or in a related financial analytics and quantitative research role within a financial services organization. Must have two (2) years of experience (or 4 with Bachelor’s) with the following: producing production-ready code with respect to modeling, analytical, and pricing tools, and development of trading, pricing, risk, and P&L analytics related to Equity Derivatives or Structuring; validating data and automation of processes using Python or C++ or equivalent language in a financial services environment; gathering requirements, design end to end solutions and implementing new pricing, hedging, and risk management tools and methodologies; experience with Equities products (options and derivatives) in terms of their valuations as well as understanding and modeling their risk factors; and performing model research and validation and supporting trading desks on issues related to risk, pricing, and trades.
BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity and gender expression, or any other legally protected status.
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