quantitative analyst

2 months ago


New York, New York, United States HSBC Full time

Description

Our purpose - Opening up a world of opportunity - explains why we exist. Here at HSBC we use our unique expertise, capabilities, breadth and perspectives to open up new kinds of opportunity for our more than 40 million customers. We're bringing together the people, ideas and capital that nurture progress and growth, helping to create a better world - for our customers, our people, our investors, our communities and the planet we all share.

We are looking for a Quantitative Analyst to develop the underlying mathematical models and analytical tools used by the Flow Rates desk at HSBC.

As our Quantitative Analyst you will
  • Design, develop, test and document the mathematical models developed to HSBC standards.
  • Develop technical solutions for the users as required (Trading desks, Product Control, Traded Risks, etc.)
  • Maintain and support the core quant libraries (written in C ) and interfaces
  • Analyze and provide support to any issues identified in the models
  • Develop model calibration routines and market data analytics (such as curve bootstrapping andinterpolation, risk projection, PnL Explain)

For this role, HSBC targets a pay range between $125000 and $150000.

The final fixed pay offer will depend on the candidate and a number of variables, including but not limited to, role responsibilities, skill set, depth of experience and education, licensing/certification requirements, internal relativity, and specific work location.

At HSBC, our overall goal is to provide a competitive Total Reward Package, with an appropriate mix of fixed pay, and variable pay, as part of an employee's overall total compensation and benefits. Variable pay generally takes the form of discretionary, annual awards (sometimes referred to as a "bonus"). Additionally, HSBC offers a wide range of competitive and flexible benefits designed to help you improve your health and well-being, finances, and lifestyle.

Qualifications

You ́ll likely have the following qualifications to succeed in this role:

  • Previous experience working as a Quantitative Analyst developing models in quantitative finance
  • A higher level degree (Masters or PhD) in maths, physics, or quantitative finance from a top tier university
  • Teamwork skills
  • Knowledge of the standard pricing models used in the investment banking industry (Black-Scholes, Bachelier, local and stochastic volatility models, HJM framework)
  • C experience (preferably using Visual Studio), with some knowledge of modern C (at least C 11)
  • Familiarity with Rates Products and Models
  • Previous experience with advanced curve bootstrapping techniques is desirable
  • Solid background in quantitative finance: stochastic calculus, partial differential equations, no-arbitrage valuation, numerical analysis
  • Strong knowledge of Python
  • Experience with version control systems (such as Git) and distributed software development process

In compliance with applicable laws, HSBC is committed to employing only those who are authorized to work in the U.S. Applicants must be legally authorized to work in the U.S. as HSBC will not engage in immigration sponsorship for this position.

As an HSBC employee, you will have access to tailored professional development opportunities to ensure you have the right skills for today and tomorrow. We offer a competitive pay and benefits package including a robust Wellness Hub, all in a welcoming, diverse and inclusive work environment. You will be empowered to drive HSBC's engagement with the communities we serve through an industry-leading volunteerism policy, a generous matching gift program, and a comprehensive program of immersive Sustainability and Climate Change Initiatives. You'll want to join our Employee Resource Groups as they play a central part in life at HSBC, including the development of our employees and networking inside and outside of HSBC. We value difference. We succeed together. We take responsibility. We get it done. And we want you to help us build the bank of the future

All qualified applicants will receive consideration for employment without regard to age, ancestry, color, race, national origin, ethnicity, disability or medical condition, genetic information, military or veteran service, religion, creed, sex, gender, pregnancy, childbirth, caregiver status, marital status, citizenship or immigration status, sexual orientation, gender identity or expression or any other trait protected by applicable law.

Job Field: Investment Banking, Markets and Research

Primary Location: North America-United States-New York-New York

Req ID: 0000KEBB



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