Job Credit Desk Strategist – Trading
Position Title – WAS34297
Credit Desk Strategist – Trading – C++ – SAS or Matlab – Midtown NYC Area -
Outstanding Package Outstanding Compensation Package – Base + Bonus + Benefits Local Candidates Only
Multiple Positions Available – Mid- Range to Senior Level
Company
Large, successful, and growing NYC based Global Financial Services Firm -
Great Company – Lots of Upside – Outstanding Compensation Package -Base +
Bonus + Benefits etc. Join a team oriented, collaborative, results focused
environment and become part of an elite organization with great growth
possibilities.
Position Responsibilities – Summary
Company is seeking Desk Strategists to join their team. The Desk Strategist
adds value to the Firm by providing the trading and sales desk with superior
analytical skills. Desk Strategists will collaborate with the traders on
risk analysis, risk reporting, and value added trading strategies. Desk
Strategists are responsible for the creation of product valuation models,
trading strategy analytics, and risk and valuation tools to be used by
traders and fellow Desk Strategists to better understand risk and to better
identify market opportunities.
Detailed Responsibilities
1) Determine and create the valuation and risk management models that will feed the firm’s books and records for positions that are currently on the books or about to be purchased or bid upon.
2) Creating models and strategies that the desk will use to drive trading decisions.
3) Monitoring and analyzing the effectiveness of current valuation and risk models and championing and enacting new developments as needed.
4) Collaborating with traders to analyze and advise on managing the
risk of the positions currently on the books.
5) Collaborating with traders to analyze and identify revenue positive
trading opportunities.
6) Collaborating with the traders and structurers on the design of new
products.
Required Skills and Competencies:
1) Strong skills in applied mathematics, basic knowledge of
mathematical finance, basic knowledge of financial markets. A Masters degree
in Computational Finance, a Masters degree in Mathematical Finance, or a
Ph.D. in finance or economics, or a Ph.D. in mathematics or a computational
science is strongly preferred. (Specific knowledge of Emerging Market
activities, credit dynamics, or mortgages are a plus.)
2) Strong hands on technology skills are a core requirement (C++
programming and statistical packages such as SAS or Matlab). The successful
candidate will have demonstrable success.
3) Ability to discuss and market ideas is required. Strong
communication & collaboration skills are necessary.
4) Market inquisitive’ nature and strong desire to be commercially
relevant through the development of financial analytics and the application
of analytical skills to find and risk manage trading positions. The
candidate must be able to couple knowledge of mathematical finance,
empirical statistics, and market knowledge to identify revenue
enhancing/risk reducing trade opportunities.
5) Experience in designing and implementing analytics which have
gained widespread use on one or more trading desks is extremely desirable.
6) Candidates for senior level roles must have a good track record of
marketing successful strategies to the trading desk and their clients as
well as having demonstrable experience of designing and structuring various
trades for clients and traders.
7) Candidates for senior level roles must have demonstrated leadership
skills and a track record of mentoring and directing highly skilled
quantitative professionals in the development, implementation, and adoption
of analytics that have had a revenue positive impact on the business.
Must Haves:
· Advanced degrees in quantitative fields (Math, Physics, Computer
Science, etc.) and/or finance.
· 5+ years of experience of working as desk strategist.
· Some knowledge of credit products and credit market.
· Strong communication skills
Compensation
Outstanding Compensation Package – Base + Bonus + Benefits
No Sponsorship Available – Local Candidates Only
Contact Information
Gary Wright – President – Wright Associates
Phone – (508) 761-6354 – Email – replywrightassociates@verizon.net – WEB
Site – www.wrightassociates.org
