BNP Paribas Securities Corp.
Job Title: Vice President (multiple positions)
Location: 787 Seventh Avenue, New York, NY 10019
Duties: Design and implement new pricing models for credit products and validate changes to methodologies and models for financing activities, with a focus on the products traded in the Americas. Participate in the development, testing, validation, and release effort for credit products, adhering to best practice around code development and release. Collaborate with other Quant Research teams locally and globally, to ensure optimal development and foster synergies across location and asset classes. Support the desks on issues related to booking, pricing, and hedging. Provide timely solutions to issues arising with the pricing or the hedging of the trade. Report progress and concerns to management. *Telecommuting permitted 40%: work may be performed within normal commuting distance from the BNP Paribas Securities Corp. office in New York, NY.
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, or related field and two (2) years of experience in job offered or a related role OR Bachelor's degree (U.S. or Foreign Equivalent) in Financial Engineering, Computational Finance, or related field and four (4) years of experience in job offered or a related role. Must have two (2) years of experience with the following: Quantitative model research, calibration, and validation for credit products; producing production-ready and object-oriented code with respect to modeling, pricing, validation, analytical tools, data processing, and automating processes, using Python or C++ in a financial services environment; applying knowledge of mathematics, including stochastic calculus, statistics, probability, and linear algebra; applying knowledge of finance, including fixed income security, risk neutral pricing, derivative pricing, credit risk; experience with Credit products (options and derivatives) in terms of their valuations as well as understanding and modeling their risk factors; and collaboration with the business to onboard new credit products or strategies, or new features for existing products or strategies.
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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