In this section, you'll find all of our quantitative analytics jobs within the financial services sector.
In financial markets worldwide, the most successful trading strategies are developed by highly educated, mathematically skilled financial engineers nicknamed "quants." Quants write financial theories, computer models, valuation techniques and trading programs used by hedge funds and investment banks.
Quants employed in the financial sector usually have higher degrees and Ph.D.s in demanding subjects such as physics, economics or computer science, or any of several particular mathematical specialties like multivariate calculus, linear algebra, differential equations, probability theory and statistical inference.
For success in a quant job, you'll need to be familiar with common programming languages such as C++. You should also read and understand the work of economists Myron Scholes, Fischer Black and Robert C. Merton. Scholes and Black are synonymous with options pricing theory, having developed the famous Black-Scholes equation. The model they developed provided the fundamental conceptual framework for valuing options, and is now the de facto standard in international financial markets for valuing those instruments, alongside many different types of bonds and derivatives that contain embedded options.
Beyond qualifications, many employers expect candidates for quant jobs to pass a rigorous vetting process which includes verification of references and, in a more competitive role, published research.
A quant career might have a focus on designing and trading complex structured products such as derivatives. Hedge funds also hire a large number of quants.
To handle the bulk of daily trading volume, the use of computer-driven models or algorithms to both identify and rapidly execute profitable arbitrage opportunities has expanded in the past few years. In order to continue executing trades for funds that rely on those models, broker-dealers hire quants to refine the platforms and programs that communicate orders.
Risk-focused quants also work for specialized software vendors that handle the creation and production of risk management products.
Quantitative analytics is one sector of finance where a prospective employee with a Ph.D. isn't considered overqualified, although a master's degree in one of the subjects above is sometimes enough. Unlike with MBA candidates, the quality of your university isn't always a hiring consideration. When applying for a junior quant job, it's more important to show that you have the expertise needed to succeed in the job, demonstrated through a higher degree in mathematics, economics, physics, computer science or similar subjects, the ability to program complicated financial models and excellent communication skills. Many quants also aim to pass the Certificate in Quantitative Finance (CQF), designed by Dr. Paul Wilmott, as another demonstration of skill.
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| Analyst - Diversified Funds Management | QIC Fixed remuneration plus incentive | Australia-Brisbane | 15 May 12 |
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An opportunity now exists for an individual with a talent for assisting a range of Portfolio Managers with the...
| Internal M&A | Optimum Recruitment Group $100,000-$120,000 | Australia-Brisbane | 13 Apr 12 |
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Excellent internal M&A opportunity in Brisbane
| Pricing Actuary - Insurance | Optimum Recruitment Group $120K Package | Australia-Brisbane | 13 Apr 12 |
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An exciting opportunity to work with a leading consultancy firm in the insurance sector as a Pricing Actuary. ...
| Quantitative Analysts - Market Risk Model Development | Huxley Associates AU$190 - AU$220 per annum | Australia-Melbourne | 18 May 12 |
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Banking Institution - Global Markets Team Quantitative Model Development Exotic Interest Rate Derivatives Comp...
| Manager Quantitative Analytics | ANZ not disclosed | Australia-Melbourne | 15 May 12 |
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The key purpose of this role is to provide quantitative analysis supporting the pricing of financial instrumen...
| Counterparty Risk Modeller - Australia | GQR Global Markets £80 - £100 Base + Bonus | Australia-Sydney | 21 May 12 |
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A quantitative risk and valuations group within a leading global investment bank is seeking to expand their an...
| Senior Quant Analyst - Interest Rate and Exotic Options (Trading Model building) | Profusion Group Highly competitive | Australia-Sydney | 21 May 12 |
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Green fields opportunity, be responsible for the development of IR/Exotic option trading models for a bank tra...
| Senior Front Office Quant Analyst | Porterallen Highly Negotiable | Australia-Sydney | 21 May 12 |
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Due to internal promotions and expansion, this global banking icon is seeking a highly driven front office Qu...
| MSCI - Portfolio Management Analytics Sales (Sydney) | MSCI Inc. Negotiable | Australia-Sydney | 21 May 12 |
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MSCI is looking for talents join the Equity Portfolio Management Analytics sales team in Sydney, Australia.
| INVESTMENT MANAGEMENT – Empirical Research | The East Partnership Competitive | Australia-Sydney | 18 May 12 |
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Newly created position, PhD in Finance or Economics, Positioned initially in the US for a year and then perman...
| Group Risk - Operational risk Manager Analysis & Controls - $130k+super | Randstad $120k+super+bonus | Australia-Sydney | 18 May 12 |
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You will be responsible for the end to end operational risk scenario analysis, governance, identifying and rep...
| Counterparty Credit Risk Engine - Business Analyst | Marks Sattin $145k - $200k package | Australia-Sydney | 17 May 12 |
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A premier Financial Markets house are looking for an analyst to join the project team responsible for the Coun...
| Propensity Modeller / SAS / SQL | Morgan McKinley AU$95000 - AU$105000 per annum + Super+b... | Australia-Sydney | 15 May 12 |
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Large ASX listed business / Great location / Good career prospects / Lots of business interaction / Experience...
| Australia - Director/MD Level Global Investment Research on Mining, Coal and Iron Ore | Bo Le Associates Hong Kong Highly Competitive | Australia-Sydney | 11 May 12 |
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Our client is leading global investment banking, securities and investment management firm that provides a wid...
| Marketing Analysts- Predictive Modelling | Bluefin Resources AU$60000 - AU$90000 per annum | Australia-Sydney | 03 May 12 |
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Looking for Predictive Modellers to join a market leading media company in Sydney .
| Executive Manager Credit Risk Analytics- | Bluefin Resources NA | Australia-Sydney | 01 May 12 |
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We have a fantastic opportunity to join a leading Australian bank. The financial institution is Sydney based a...
| Head of Model Risk Validation - Group Risk - Sydney CBD | Bluefin Resources AU$250000.00 - AU$300000.00 per annum +... | Australia-Sydney | 18 Apr 12 |
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A position has emerged to take control of the Group Risk Model Validation team in Sydney. Managing a team of 5...
| Business Consultant | Orfival S.A. Salaire attractif | Belgium-Wallonia Region | 20 May 12 |
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Afin de répondre à la croissance de nos activités, ORFIVAL recrute un (h/f) Business Consultant passionné de f...
| Market Risk Manager – Risk Management and Quantitaitve Analytics Division – LATAM Markets – leading investment bank | GQR Global Markets 160,000 USD (DOE) + very competitive bon... | Brazil | 21 May 12 |
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This investment bank is looking for a stellar risk manager to measure, monitor and manage various portfolio-re...
| Director - Petroleum Engineer - Houston | Ashton Lane Group, Inc Competitive Base & Bonus | Canada-AB-Calgary | 18 May 12 |
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Petroleum Engineer to support Reserve Base Finance within an investment bank. Position located in Houston.
| Technical Writer | Markit Commensurate with experience | Canada-BC-Vancouver | 02 May 12 |
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Markit is seeking a Technical Writer to join the Markit Analytics group. The successful candidate will be res...
| Senior Quantitative Analyst | Michael Page Competitive | Canada-ON-Toronto | 15 May 12 |
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The successful candidate will be responsible for validating valuation & risk models as a Senior Quantitative A...
| Analyst, Global Corporate Securities - PMI | Canada Pension Plan Investment Board Competitive | Canada-ON-Toronto | 10 May 12 |
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We are presently recruiting for an Analyst, Global Corporate Securities ("GCS") in the Public Market Investmen...
| Sr. Analyst, Quantitative Risk Investment Risk | Canada Pension Plan Investment Board . | Canada-ON-Toronto | 10 May 12 |
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The Investment Risk (IR) department is recruiting a Senior Analyst in our Quantitative Risk group to assist in...
| Senior Manager, Model Vetting & Validation | Robert Half Financial Services Group $105,000.00 to $115,000.00 | Canada-ON-Toronto | 09 May 12 |
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Growth and expansion has created a new opportunity within a major financial institution in Downtown Toronto fo...
| Quantitative Risk Developer | Michael Page Competitive package | Canada-ON-Toronto | 04 May 12 |
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Our client is looking for a Quantitative Risk Developer who will be responsible for the risk proxy process and...
| VP, Risk Management & Portfolio Analytics | Michael Page Competitive Salary + Bonus + Vacation +... | Canada-QC-Montreal | 10 May 12 |
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Our client is looking for an ambitious and result-driven professional to join their Investment team. Candidate...
| Analyste, Construction de portefeuille | Caisse de dépôt et placement du Québec TBD | Canada-QC-Montreal | 15 May 12 |
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Analyste, Construction de portefeuille Direction du placement (Réf. : 12-072) Poste temporaire d'une durée d...
| MSCI - Quantitative Developer - Portfolio Optimization (Beijing) | MSCI Inc. Negotiable | China-Beijing | 21 May 12 |
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Master or PhD degree in a quant field (maths, physics, engineering, finance) with 3-5 years C/C++ development ...
| Senior Manager (TBD)– Actuarial Project Management | Sino-US United MetLife Insurance Company Ltd Competitive | China-Beijing | 18 May 12 |
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Metlife is looking for Senior Manager (TBD)– Actuarial Project Management with 8+ years' experience in actuari...