Quant Product Analyst, OpenGamma
Derivatives analytics firm
Job no longer available
Derivatives analytics firm
101-200 employees
Job no longer available
101-200 employees
Company mission
To reinvent treasury in financial markets.
Role
Who you are
- You have recently graduated from a top university with a quantitative or analytical degrees (e.g. Business, Economics, Maths, Finance)
- You are a systematic problem-solver, methodically working through possibilities to find a solution
- You have some basic knowledge of capital markets, and may have had initial work experience in a bank, hedge fund, asset manager or software vendor
- You are eager to build a deep understanding of financial products and risk management
- You seek to understand the bigger picture but also have a keen eye for the finer details
- Through work or education, you have demonstrated the ability to solve technical, data-driven problems
- You are proficient at searching and manipulating data using Excel
- You know when to approach others for help and are skilled at extracting the right information from the right people
- You can confidently articulate and present your own ideas and solutions, as well as guide technical discussions
- Your open attitude encourages people to approach you when they have a problem you can help them solve
- You understand your own limitations and seek guidance to develop your skills and competencies
- You actively search for ways to help the team, without waiting for instructions
What the job involves
- Our Quant Product Analysts will work closely with our Quant Product Manager and Quant Dev team in order to deliver tangible value to our customers via quantitative models
- Building a deep understanding of derivatives products in order to interpret the methodology documentation received from brokers or exchanges
- Testing margin model or risk calculations; understanding the different components of margin and comparing outputs to expected results
- Performing margin calculations and risk analysis yourself using OpenGamma tools (Java) or Excel; primarily to validate numbers before delivering to clients
- Calibrating margin models to replicate broker or exchange/CCP IM
- Writing product and model specifications for our development team to implement
- The work you do will have a direct impact on our clients, and you’ll be providing this value from day one
- You’ll solve complex and ever-changing problems whilst building up advanced knowledge of derivatives products and margin models
Salary benchmarks
Our take
Regulatory complexities and market volatility are increasing costs for every firm, yet many firms trading derivatives have continued to use outdated market infrastructure and legacy systems for changing collateral.
Leading the change in the derivatives landscape is OpenGamma, an innovative platform that enables asset managers and other financial market participants to supercharge the capital potential of their portfolios, particularly when posting collateral in derivative transactions.
The company has 60+ top-tier buyside clients, manages a margin of $130 billion, and has partnerships with a range of leading tech and market infrastructure providers, including PIMCO, Tradeweb, CloudMargin, Eurex, and IHS Markit.
The company’s Allianz X-led funding round has allowed the company to focus on expanding its current suite of products and launching its automated workflow solutions for treasury management of asset managers. By making collateral management an active performance driver, OpenGamma has ample opportunity to lead further expansion in the industry.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
17% employee growth in 12 months
Company
Funding (last 2 of 7 rounds)
Feb 2022
$21m
LATE VC
Apr 2019
$10m
SERIES E
Total funding: $68.5m
Company benefits
- Health & Travel Insurance (Based on Your Location)
- Stock Options
- Pick Your Own Kit (Laptop/Monitor/Office Desk)
- Regular Socials and Annual Off-Site
- Remote-First w/ Hybrid Working Options
- Pension Contributions
Company HQ
Old Street, London, UK
Leadership
Peter Rippon
(CEO, not founder)Former COO at OpenGamma. Progressed from working in Development to becoming SVP at Sunguard.
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