Job Title: Quantitative Analyst - GMQR Prime Strategists

Department: Global Markets Quantitative Research

About Business line/Function: Prime Services leverages the banks experienced global team with in-depth market knowledge to provide execution, clearing and financing solutions across asset classes to both Institutional and Hedge fund clients. 

Position Purpose: Global Market Quantitative Research (GMQR) Team is responsible for most aspects of quantitative research within the Global Market universe, covering Interest Rates, FX, Credit, and Equity. There are teams in London, New York and Asia supporting trading activities of the flow and structured desks. They are responsible for the development of pricing, risk, margin, and profitability models and their implementation in the global analytics library.

GMQR Prime Services is in charge of providing expert solutions to the Equity Prime Services suite of businesses for both trading / client facing activities and internal cost optimization. It covers modelling of rates, client analytics, stock loan automation/optimization, funding/resource optimization, inventory management and Delta One basket pricing. The teams develops sophisticated models and put in place the infrastructure and the technology to develop, support and optimize the activity and facilitate trading.

Responsibilities

Within GMQR Prime Services, the role focuses on all areas of the Prime Service business – ranging from client pricing, stock loan automation / pricing, funding & resource optimization, inventory management and Delta One pricing. This is a front office Associate quantitative research role.

• Participate in global research on various aspects of pricing of Cash PB, Synthetic TRS and Baskets
• Contribute to the design and development of Inventory Management tools. 
• Development of a variety of models to estimate factors such as inventory depletion, short interest etc
• Support the legacy suite of applications (primarily python) and contribute to the design and build of both tactical and strategic future solutions.
• Understand legacy processes written in C#
• Ability to understand technologies used for real time solutions: messaging queues etc and also the ability to build robust solutions which can communicate / interact with critical IT processes.
• Understanding of API design and performance enhancements
• Strong knowledge of CI/CD pipelines.
• Support the Stock Loan and Funding desks by performing advanced analysis on a daily basis.
• Take an active part in all front office activities by collaborating with other functions (Trading, Sales, IT and Market Risk) and Research globally and also develop relations with various stakeholders.

Technical & Behavioral Competencies

1. Graduate degree in mathematics or engineering with strong analytical skills. Knowledge of finance is a bonus.
2. Strong analytical skills and technical background in mathematics, computer science or finance.
3. Strong and demonstratable prior programming experience in Python.
4. Basic knowledge of C# 
5. Basic of CI/CD pipelines, Kubernetes, Docker

6.       Knowledge of statistics as well as optimization algorithms.

7.       Effective communication skills, ability and willingness to engage the business

8. Delivery focused and willingness to collaborate with other teams.
9. Familiarity with Financing business (Stock Loan, Funding, Delta One) is not necessary but a huge plus

Skills Referential (Required knowledge, skills and abilities)

Behavioral Skills: 

• Ability to collaborate / Teamwork
• Critical thinking
• Communication skills - oral & written
• Attention to detail / rigor
• Analytical Ability

Education Level: Bachelor level or equivalent

Location: Mumbai

About BNP Paribas Group:

BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 65 countries and has nearly 185,000 employees, including more than 145,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialized businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment, and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy, and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group's performance and stability.

About BNP Paribas India Solutions:

Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union’s leading bank with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24x7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 10000 employees, to provide support and develop best-in-class solutions.

Commitment to Diversity and Inclusion

At BNP Paribas, we passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued, respected and can bring their authentic selves to work. We prohibit Discrimination and Harassment of any kind and our policies promote equal employment opportunity for all employees and applicants, irrespective of, but not limited to their gender, gender identity, sex, sexual orientation, ethnicity, race, colour, national origin, age, religion, social status, mental or physical disabilities, veteran status etc. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in.