Quantitative Analyst
Deriv Services Sdn Bhd
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Undisclosed
Cyberjaya
Full-Time
Job Description
Your role in the Quantitative Analytics group is essential. You will develop and optimise derivatives pricing and risk management algorithms for our online options trading platform. Your work will directly influence the profitability and success of our company. Your skills and motivations You should be passionate about what Binary.com stands for, and what we do. You excel at the intersection of mathematics, programming, and finance. You are fascinated by the convergence of all three fields, and how it can push you to scale new heights. You thrive in a fast-paced environment that values collaboration and open communication. You enjoy the intellectual stimulation provided by mathematical models, data analysis, and financial research.
As our Quantitative Analyst, you will have the opportunity to develop derivatives pricing, and risk management models and algorithms. Your work will directly influence the profitability of our trading platform, and future success of our company.
We are looking for someone who loves to:
As our Quantitative Analyst, you will have the opportunity to develop derivatives pricing, and risk management models and algorithms. Your work will directly influence the profitability of our trading platform, and future success of our company.
We are looking for someone who loves to:
- Apply mathematical models to real-world scenarios.
- Solve complex and abstract mathematical problems to optimise pricing and manage risk.
- Analyse trading patterns to identify new market opportunities.
- Work with highly talented people in an exciting, multinational environment.
- Do great work, and inspires people around them to do the same.
- Get things done in a no-nonsense manner.
- Work without bureaucracy and hierarchy.
- Learn and improve, day in and day out.
Job Requirements
To excel in this role, you must have:
- An advanced university degree in Physics, Financial Engineering or Mathematics.
- Experience in exotic options pricing, volatility forecasts, high-frequency trading, and the analysis of market inefficiencies.
- Knowledge of probability theory, stochastic calculus, numerical methods, Monte-Carlo simulation, differential equations, econometrics, and statistical modelling.
- Expertise in the application of object-oriented programming languages (C++, Perl, and Java), coupled with the ability to produce high-quality code.
- Experience in using financial information sources such as Bloomberg and Reuters.
- Relevant experience in the use of quant programming libraries and frameworks (QuantLib, Pricing Partners, FINCAD, and Numerix), and quant pricing platforms (SuperDerivatives and FENICS) would be a plus.
Your role Binary.com’s Quantitative Analytics team is responsible for the pricing of our binary options. You will join them in managing the risk and profitability of the company’s options book. The work that you do is complex, challenging, and essential to our future. We process over a million transactions each day, and manage a book of exotic options which exceeds the complexity of the typical derivatives desk.
Since all transactions on the Binary.com website are fully automated, our pricing and risk management algorithms must fully consider critical factors such as real-time pricing parameters, data feed irregularities, and latencies.
You will:
- Develop derivatives pricing, risk management models, and algorithms using C/C++, R, MATLAB, Perl, Python, and Java.
- Review, develop, and enhance Perl, C++, and R codes used in options pricing, volatility forecasts, and risk management programs.
- Maintain accurate system pricing parameters.
- Perform data mining using SQL databases, R/S-Plus, OLAP, and other analytical tools.
- Monitor website trading activity and minimise abuse.
- Generate periodic and special reports that summarise client trading trends.
Company Benefits
Freedom and flexibility
We offer a casual dress code, freedom to work with advanced tech stacks, and a flat organizational structure.
Agility
Our talented graphics designers create compelling user interfaces, our quants produce best-in-class options pricing.
We Value and Develop Talent
Our recruitment procedures are rigorous, highly selective, and designed to identify the top 10% of talent available in any given career field.
Competitive Employee Benefits
With a market-based remuneration structure, an annual cash bonus plan, health benefits for you and your family, travel and internet allowances.
A World-class Workforce
We value the cultural diversity that provides us with a unique competitive advantage.
Technical Excellence
Applying the latest web technologies to the global financial markets is a most interesting challenge.
Additional Info
Experience Level
1 - 7 Years of Experience
Job Specialisation
General IT
Company Profile
Deriv Services Sdn Bhd
Deriv Services Sdn Bhd is the operational headquarters in Cyberjaya for Deriv.com, a pioneer in online trading. Focused on customer-centric solutions, we aspire to be the world’s leading online trading service provider.
Our offices in Ipoh and Melaka tap into the talent pools of high-potential university graduates in these cities. These offices offer shared services to Deriv Group companies worldwide, focusing mainly on client support services, payment processing, and accounting.
The scale and complexity of our mission require smart, talented, and dedicated people who are up for a challenge to make online trading on the world’s financial markets accessible to anyone.
If you love innovating and doing extraordinary work, join us. Together, let’s build the future of online trading.
If you love innovating and doing extraordinary work, join us. Together, let’s build the future of online trading.
Quantitative Analyst
Deriv Services Sdn BhdUndisclosed
Cyberjaya
Full-Time
This job is no longer available