Position Purpose

The Global Market Quantitative team is responsible for designing, developing and supporting the models used for pricing, risk management and relative value. With around 200 people globally, the quantitative research team is present in Europe, Asia (Singapore, Hong Kong, Tokyo, Mumbai) and the Americas. 

Key Responsibilities

‐ Development and implementation of IR Options models used for pricing and risk management:

• Implement pricing and risk management models that correctly capture the specificities of Asian markets (onshore/ offshore, discounting, curve marking)
• Participate in the development of the global IR option pricing and risk management platform and library
• Participate in the global quantitative research 
• Design innovative analytic approaches
• Develop new derivatives related research tools

‐ Support trading desks 

‐ Liaise with relevant internal risk functions when necessary: Legal, Compliance, Market and Credit Risk Management

‐ Attend relevant training courses to maintain appropriate regulatory, product and technical skill

‐ Maintain open communication with team and direct line management to fulfil firm notification requirements and pass on client concerns

‐ Directly contribute to BNPP operational permanent control framework

Competencies (Technical / Behavioral)

Core Competencies

• Strong technical skills in applied mathematics

• Strong programming skills (C++ / C#, Excel, Python, etc.) 
• Some knowledge of quantitative finance (rate models, curve construction, risks, volatility)

• Drive for Results ‐ Delivers high quality work and ensures decisions are implemented timely and efficiently
• Risk Awareness ‐ Demonstrates a good awareness of risk and fundamental risk concepts
• Corporate role model, integrity & ethics ‐ Acts with discipline and high ethical standards placing the interests of the Bank ahead of personal agenda
• Team Player ‐ Works effectively in a team, Collaborating and sharing information and solutions with colleagues, with other teams and stakeholders
• Client Focus ‐ Sees stakeholders as well as external clients as customers

Technical Competencies

• Market, Products & Business ‐ Is genuinely interested in financial markets and continually learn and stay abreast of new developments. 
• Business Risks ‐ Understands the market, credit, operational, compliance, legal and reputational risks of his/her activity. 

Specific Qualifications Required

• Masters or PhD in Engineering, Applied mathematics or Mathematical finance would be an advantage
• Graduate to 5y of experience
• Balanced profile between market knowledge / programming skills / math