Quantitative Analyst

4 weeks ago


greater montreal metropolitan area canada ca Groom & Associés Associates Full time

Sr Quantitative Analyst– International Bank


This is a French international banking group and the world's largest cooperative financial institution.


Nearly 8,600 employees across Europe, the Americas, Asia-Pacific, the Middle East and North Africa support their clients, meeting their financial needs throughout the world. This bank offers its large corporate and institutional clients a range of products and services in capital markets activities, investment banking, structured finance, commercial banking and international trade. The Bank is a pioneer in the area of climate finance, and is currently a market leader in this segment with a complete offer for all its clients.


They have near-shored from their New York office and moved their operations to Montreal which is exciting news They have a nice brand new office downtown. This a chance to join a very stable environment as these roles already existed in New York before the move. We are currently looking for an Quantitative Analyst.


That said, they are seeking candidates from Financial mathematics, Financial Engineering or something similar + strong experience in Interest Rates Derivatives pricing models. Skilled in mathematics, and proficient in programming C/C++ and/or Python or other prog languages.


Title: Sr Quantitative Analyst

Location: Montreal

Work model: Hybrid, 2-3 days remote work allowed

Type of position: Full time and permanent

Salary: 150k + 25%. 4 weeks vacation. They offer a great benefits package. RRSP matching, you contribute 2% and they contribute 8%.


What you will do:

  • Responsible for the validation of pricing model used by product Lines
  • Implementation of alternative pricing model
  • 3-5+ years of experience with option pricing theory (quantitative models for pricing and hedging derivatives)
  • Programming with C++ and Python (up to 25% of their time)
  • Strong understanding of pricing model validation. (being able to analyse the model proposed by trading to price some derivative products (eg. interest rate products or cross assets- equities, FX etc.)

Skills and Competencies (Hard and Soft Skills):

  • Knowledge of financial mathematics
  • Produce code in C++ and Python
  • Interest in quantitative aspect of financial products.
  • Ability for wok in a team.
  • Motivated by work, join the team.
  • French is an asset


Educational Qualifications (Degrees, Certifications):

Degree in financial mathematics or something similar.

Team Structure: Size Team, Team members’ location, etc.

  • Team is mainly based in Paris.
  • 13 people in Paris. Partly in London (5 people) -Total 18
  • Teams are organized by business lines- like equity derivative, interest rate derivative, FX, XVA (Additional valuation feature like credit addition valuation), algorithmic trading etc.
  • Building up the team in Canada.


Reporting to: Head of RPC Team


Potential Challenges in the Role:

Having a good understanding of the work, because it is complex. It will be a great opportunity for young people with finance background to join this team, They have a good knowledge on the subject and progress very quickly within the team.


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