Associate/AVP, Quantitative Strategist, Structured Product Group

GIC Private Limited; New York (NY); Hybrid; USD 130,000 - 220,000; Full time

Job summary

An established industry player is seeking a talented Quantitative Strategist to join their Structured Product Group. This role involves working on complex financial products, utilizing advanced quantitative techniques, and developing financial models in Python. You will have the opportunity to collaborate with diverse teams and leverage data to drive impactful investment decisions. Join a dynamic environment that values innovation and offers flexibility, where your contributions can significantly influence the financial landscape. If you are passionate about data analysis and problem-solving, this position could be your next career move.

Benefits

Flexible Work Arrangement

Competitive Compensation Package

Bonus Opportunities

Professional Growth Opportunities

Qualifications

• 3-5 years of experience in quantitative finance from a reputable institution.
• Strong programming skills in Python, with experience in financial modelling.

Responsibilities

• Conduct risk analysis and develop financial models in Python.
• Collaborate with teams to integrate quantitative models into business processes.

Skills

Python Programming

Quantitative Analysis

Risk Analysis

Financial Modelling

Data Management

Communication Skills

Problem-Solving

Education

Bachelor’s or Master’s in Mathematics, Statistics, Physics, Engineering, or Computer Science

Tools

AWS

Databases

Job description

Associate/AVP, Quantitative Strategist, Structured Product Group

Location: New York, US

Job Function: Fixed Income & Multi Asset

Job Type: Permanent

GIC is one of the world’s largest sovereign wealth funds. With over 2,000 employees across 11 locations around the world, we invest in more than 40 countries globally across asset classes and businesses. Working at GIC gives you exposure to an extraordinary network of the world’s industry leaders. As a leading global long-term investor, we work at the Point of Impact for Singapore’s financial future, and the communities we invest in worldwide.

Fixed Income and Multi Asset
Our team employs a broad range of investment strategies that span macro, credit, and quantitative investing, including multi-asset, benchmark-agnostic, constrained, indexed, and thematic strategies.

Structured Products Group (SPG)
Our investment purview spans across residential mortgages, consumer credit, and other sectors such as aircraft, insurance-linked securities, and agriculture. We create an edge by leveraging extensively on data and technology in our investment process.

What impact can you make in this role?
We are seeking a highly skilled and motivated Quantitative Strategist to join our Securitized Product Group (SPG). This role offers the opportunity to work on complex financial products, including Residential Mortgage-Backed Securities (RMBS) and Asset-Backed Securities (ABS). The ideal candidate will have a strong quantitative background, excellent programming skills, and a deep understanding of structured products.

We offer a competitive compensation package and the opportunity to work in a dynamic and stimulating environment. If you are a problem solver, have a passion for data and quantitative analysis, and are eager to make an impact, we would love to hear from you.

What will you do as a Quantitative Strategist, Structured Product Group?

1. Risk Analysis: Understand the mechanics of structured products and apply this knowledge to model development and risk analysis.
2. Quantitative Techniques: Apply advanced mathematical and statistical techniques to solve complex problems and make data-driven decisions.
3. Financial Modelling: Develop and maintain financial models in Python, ensuring they accurately represent financial scenarios and risks.
4. Data Management: Work with AWS and databases to manage and analyse large datasets.
5. Communication: Communicate complex quantitative concepts and solutions effectively to stakeholders, including traders, portfolio managers, and risk managers.
6. Collaboration: Collaborate with other teams, including technology, risk management, and trading, to integrate quantitative models into broader business processes.

What qualifications or skills should you possess in this role?

1. Bachelor’s or master’s degree in a quantitative field such as Mathematics, Statistics, Physics, Engineering, Computer Science, or a related field.
2. 3-5 years of professional experience, ideally from a reputable sell-side or buy-side financial institution.
3. Strong programming skills in Python, with experience bringing code to production.
4. Solid understanding of structured products and their mechanics.
5. Strong mathematical and advanced statistical skills.
6. Experience in coding financial models in Python.
7. Familiarity with AWS and database management.
8. Problem-solving skills with the capacity to understand an issue and propose solutions.
9. Excellent communication skills, with the ability to explain complex concepts to non-technical stakeholders.

Other preferred experience:

1. Experience with other programming languages or tools used in quantitative finance.
2. Experience in working with Intex Performance and Loan level data.
3. Prior quantitative work with flows, sentiment, and T-cost modelling for intra-day treasury futures.
4. Good to have experience with prepayment modelling for structured products.

Work at the Point of Impact
We need to be forward-looking to attract the right people to help us become the Leading Global Long-term Investor. Join our ambitious, agile, and diverse teams - be empowered to push boundaries and pursue innovative ideas, share your views, and be heard. Be anchored on our PRIME Values: Prudence, Respect, Integrity, Merit and Excellence, which guide us in how we make our day-to-day decisions. We strive to inspire. To make an impact.

Flexibility at GIC
At GIC, our offices are vibrant hubs for ideation, professional growth, and interpersonal connection. At the same time, we believe that flexibility allows us to do our best work and be our best selves. Thus, our teams come into the office four days per week to harness the benefits of in-person collaboration but have the flexibility to choose which days they work from home and adjust this arrangement as situational needs arise.

We are an equal opportunity employer
As an employer, we passionately believe every individual brings with them unique diversity of thought and perspectives to meaningfully enrich perspectives of GIC teams to drive competitive performance. An inclusive environment yields exceptional contribution.

Compensation
Our compensation philosophy reflects several principles. We strive to provide a competitive compensation package to attract and retain talent globally. We pay for performance, and reward sustainable results.

Total pay for this position comprises base pay and bonus. The anticipated base salary range for this role is between $130,000 and $220,000. Bonuses, which may form a meaningful proportion of the total pay package, are determined based on company and individual performance.

Learn more about our Fixed Income & Multi Asset Department here: Fixed Income & Multi Asset Department