Quantitative Specialist (Commodities Index Trading) (Massapequa)

Compensation

: $162,550.00 - $162,550.00 /year *

Employment Type

: Full-Time

Industry

: Financial Services - Banking/Investment/Finance



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Quantitative Specialist (Commodities Index Trading) New York, United States Permanent contract Corporate and Investment Banking Develop and improve existing processes to become owner of the index fixings and weights production on the trading side. Responsible for volatility index maintenance processes, option settlements retrieval to weights and cash component daily computation to ensure correct risks for trading and smooth valuation. Propose improvements to the existing index maintenance process in order to make the process more reliable and automatic in order to reduce operational risk. Collaborate with sales teams globally to answer client requests and enrich index offering. Be the point of entry for new index creations. Improve upon the existing strategy generator for systematic option strategies. Generate ideas from an option settlements database and option strategy backtester. Remain knowledgeable of the mechanics of options trading and how to invest in systematic option strategies. Interact with volatility traders and pricers to generate option based ideas and trigger more option based index trades. Propose new index strategies with the help and guidance of trading. Ensure that the index platform can rely on powerful and stable index backtesting tools. Create reports and Profit and Loss explanation tools for traders and sales. Collaborate with the Internal Valuation Team and Bank's Index Platform to get to the target of triple computation of index fixings and double computation of weights. Profile Required MINIMUM REQUIREMENTS: Master's degree or U.S. equivalent in Computer Science, Computer Engineering, Information Systems, Information Technology, Mathematics, Finance, Statistics, Financial Engineering or a related field, plus 3 years of professional experience working with a global trading floor at a global financial institution performing maintenance and design of traded indices (including index fixings and weights production ) using software tools (including C#.Net, Python scripts, and Python programming language) to manage the roll, rebalancing and client orders of products including Commodity indices. Must also have experience in the following: 3 years of professional experience working on all stages of Commodities Index products life cycle (including initial design, first implementation, back tests, iterations to meet the client target, documentation of rules, creation of the product in the referential and in the trading system, contribution of a daily valuation to external platforms and automation of the management of the product); 3 years of professional experience researching and analyzing new systematic risk premia strategies and existing strategies to identify possible enhancements, studying competition, and implementation of designs based on research; any professional experience liaising with multiple departments within the U.S. and abroad; any professional experience using VBA and Excel Macros to develop quantitative models to analyze and forecast execution profitability; any professional experience working with Commodities Index pricers, traders, sales and engineering teams in the maintenance and development of Index trades at a global financial institution. CONTACT: Please send resume to: Human Resources or SG Recruitment Team, SG Americas Securities, LLC, 245 Park Avenue, New York, NY 10167, at us-humn-recruitment@. Must specify Ad Code KAHP in the subject line. EOE. MFDV. LINK TO EMPLOYEE REFERRAL PROGRAM: Incentives offered through the firm's Employee Referral Program are applicable to this position. For more information please visit our 'Employee Referral Program' link in the Human Resources section of our intranet under the Talent Management tab at: Business Insight We are an equal opportunities employer and we are proud to make diversity a strength for our company. Societe Generale is committed to recognizing and promoting all talents, regardless of their beliefs, age, disability, parental status, ethnic origin, nationality, sexual or gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination. Quantitative Specialist (Commodities Index Trading) Permanent contract | New York | Corporate and Investment Banking Home Jobs Quantitative Specialist (Commodities Index Trading)
Associated topics: broker dealer, brokerage, dow jones, fiduciary, nasdaq, risk, securities broker, security, sell, stock * The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.

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