Senior Quant Analyst

2 months ago


houston, United States Pangea Full time

Firm: We are partnering with a prestigious buy-side firm (US Trading Merchant) specializing in North American Power markets.


Team structure: Team of 14 Quant and Structurers globally. One of the team members is moving to the trading team (internal promotion) they are looking to backfill the role.


Responsibilities:

  • The team does the modelling, as well as writing of pricing libraries (strong quant with financial engineering, Options, coding and maths).
  • Role very commercial, actively collaborating with traders and originators on pricing deals. Focal point for all deals that come to the desk (modeling and advisory).
  • Centered around options trading, volatility modeling and credit/funding.
  • More complex and bespoke structures. Create pricing tools for traders. Close collaboration with other functions i.e. work with risk, IT, origination and trading.


Requirements:

  • Deep understanding of option pricing and financial engineering is prerequisite to get into the team (i.e. risk to an option, hedging strategies).
  • Experience pricing deals and building pricing libraries (preferably from scratch in Python, C++ or C#).
  • Preferably candidates with current or former experience in Banking (Options pricing modeling).
  • Power experience preferred but could consider candidates with Natural Gas/Oil experience.
  • 5-10 years of Quantitative experience is preferred.
  • She client is able to sponsor work Visa's for the right individual.


Location: Houston TX preferred. Could consider New York.


Bonus: Comp package focused on discretionary component, bonus/base gets to 100% in the first few years and grows from there for more experienced team members.


Please contact N.Jacobs@pangea-ts.com for more information.


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