Quantitative Advisor
Quantitative Advisor (SG Americas Securities LLC, New York, NY)
Develop, implement, and continuously refine the models to evaluate the life settlement policies portfolios bearing longevity risk ensuring they are reliable, scalable, and compliant with Model Risk Management standards. Provide adequate analysis and insights to financial engineers during the evaluation and structuring of prospective life settlement financing deals. Improve the tools used for the analysis and provide reports to enhance the understanding of underlying risks of the ongoing deal. Jointly manage a team of quantitative analysts who provide essential quantitative support to algorithmic trading Desk and co-lead the effort of the dedicated quant to perform data cleaning, data analysis, in the improvement of statistical models and in designing new strategies. Facilitate the development of quantitative tools and algorithms by providing technical guidance ensuring alignment with strategic trading objectives and organize regular review sessions with the algo trading support IT team to assess the performance of existing models and identify opportunities for optimization and innovation. Work closely with IT team to ensure that the infrastructure supporting R&D libraries developed by the team in Amer is robust and capable of handling new challenges. This includes maintaining the library developed for the monitoring of the pricing models and library implemented to perform calculation of the initial margin amount for uncleared OTC deals. Drive innovation by working on projects that incorporate machine learning and artificial intelligence, closely working with R&D to integrate new technologies into business process. Mentor the junior team members, provide guidance on new cutting-edge technologies and serve as one of leading voice for technological decisions and foster collaboration and knowledge sharing by maintaining regular contact with similar quantitative analysis teams within the organization, both locally and in other regions. Telecommuting may be permitted up to 2 days per week. When not telecommuting, must report to SG Americas Securities, LLC, 245 Park Ave., New York, NY 10167. Salary: $132,371 - $275,000 per year.
MINIMUM REQUIREMENTS: Master's degree or U.S. equivalent in Operations Research, Statistics, Finance, Financial Engineering, or related field plus 3 years of professional experience as a Quantitative Analyst, Investment Strategist, or any occupation/position/job title involving quantitative, programming, and statistical models for financial markets.
Must also have the following: 3 years of professional experience in programming using Python and C#; 3 years of professional experience performing statistical modeling for analysis, numerical method and optimization, Stochastic Models, and Time Series and Data Structures to simulate the evolution of specific Mortality and Insurance-related trends and obtain efficient and accurate estimations of complex insurance financial products valuations through time; 3 years of professional experience performing development and quantitative modeling analysis in Python, C# and Excel; 3 years of professional experience utilizing Longevity derivatives and pricing and assessing structured products to derive the pricing of Life Settlement Policy Collateral; 3 years of professional experience performing margin modeling and back testing of OTC derivatives; 3 years of professional experience developing and maintaining a pricing library with code sharing framework; 2 years of professional experience using neuronal network and Deep Reinforcement Learning to build and optimize a portfolio under nonlinear constraints; and 2 years of professional experience in managing a quant team of at least 2 members.
CONTACT: Please email resume to: us-humn-recruitment@sgcib.com. Must specify Ad Code EDCK in the subject line.