Front Office Interest Rates Quantitative Analyst - New York

Front Office Interest Rates Quantitative Analyst - New York

Country: United States of America

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Job Description

Exciting opportunity within our Front Office Quant area, where we focus on the development of pricing and risk models, along with quantitative tools for our Sales and Trading teams.

As part of the Rates Quants team, the primary focus of this position will be on the development, extension, and maintenance of the pricing libraries for interest rates linear models, including derivatives, bonds, and curves fitting techniques.

We are currently in the midst of a significant transformation of our quantitative framework, presenting a unique opportunity to build our quantitative ecosystem from the ground up, adhering to new quality standards and a modern technology framework.

This role will offer you the chance to work as part of a broader global team, with over 25 quants across rates, and collaborate closely with our IT developers to integrate our work into the platforms.

Please reach out to us if you are interested in this unique opportunity, we would be delighted to tell you more about our quants transformation project.

Responsibilities:

• Active contribution to the design and implementation of our pricing and risk libraries for the scope of products covered in fixed income.

• Contribution to the development of an efficient risk framework to represent the risks properly making usage of advance techniques.

• Develop curves techniques according to the market changing conditions.

• Develop pricing, risk management, and market making tools for our trading desks.

• Design and extension of the APIs for our quants libraries

• Development and optimization of algorithms.

• Refine existing quants framework and quantitative tools to meet highest quality standards.

• Development, improvement, and maintenance of the testing process in our quantitative. libraries and tools.

• Provide mathematical and technical documentation to internal stakeholders.

• Keep up to date with mathematical and tech

• Support to Trading, Sales and Risk areas.

Education:

• Bachelor’s degree, or equivalent, in Computer Science, Physics, Mathematics, Statistics or in another quantitative discipline.

• MSc and/or PhD (or equivalent) in Physics, Mathematics, Statistics or in another quantitative discipline is highly valuable.

Work experience and Skills:

• 2+ years of experience in quantitative analytics in the area of capital markets.

• Experienced in more than one computer programming languages such as Python,  C++, Rust

• Some knowledge of fixed income products.

• Good knowledge of options pricing theory, quantitative models, probability theory.

• Creative thinker, independently worker and capable to make decisions quickly, often under pressure and with limited information.

• An excellent problem solver who can contribute with innovative ideas.

• Strong interpersonal skills and a desire to work in a team environment.

• Hands on approach to work

Diversity & EEO Statements: At Santander, we value and respect differences in our workforce and strive to increase the diversity of our teams. We actively encourage everyone to apply.

Santander is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, genetics, disability, age, veteran status or any other characteristic protected by law.

Working Conditions: Frequent Minimal physical effort such as sitting, standing and walking. Occasional moving and lifting equipment and furniture is required to support onsite and offsite meeting setup a