Job Description
Equity Swap quants use their engineering and mathematical background to implement quantitative and technical solutions equity swap and futures/index trading models, custom baskets and factor analysis/risk exposure analysis in client portfolios. They also develop and implement models for securities finance which involves collateral financing and inventory management. They are highly analytical, communicate with precision and clarity, partner with trading team to own and drive commercial outcomes. Alongside the trading team and technology teams, they focus on developing quantitative models & scalable architecture to implement models.
Responsibilities
- Develop, implement and maintain factor analytics, custom basket creation engines
- Develop, implement, and maintain pre-trade quantitative optimization models for funding -liquidity risk/tenor mismatch optimizations. Including any post trade collateral management optimizations
- Develop and maintain tools for Index/ETF data, Custom Baskets, Futures and Revcons trading, forward funding rate projections
- Develop analytics to provide insight into P&L, Risk Factors across Equity swaps and Securities Finance business
- Develop analytics to provide insight into hedge fund client flows, client profitability, trends and financial resource (Balance sheet, Capital, Funding) consumption
- Communicate clearly complex mathematical concepts with internal and external stakeholders such as senior management and regulators.
Qualifications
- Strong quantitative skills with an advanced degree in Mathematics, Physics, Engineering or other highly quantitative discipline
- Strong analytical and problem-solving skills using math, statistics, and programming
- Strong programming skills and experience with python or other scripted language.
- Strong written and verbal communication skills – ability to explain complex quantitative concepts to a non-technical audience
- Experience working in a quant hedge fund or Equity Swaps/Prime Brokerage business is a plus
Primary Location Full Time Salary Range of $175,000 - $250,000.
The salary offered will take into consideration an individual’s experience level and qualifications. In addition to salary, Jefferies offers, for eligible employees, an annual discretionary incentive and retention bonus, competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Jefferies also offers paid time off packages that include planned time off (vacation), unplanned time off (sick leave), and paid holidays and paid parental leave.
About Us
Jefferies Financial Group Inc. (‘‘Jefferies,’’ ‘‘we,’’ ‘‘us’’ or ‘‘our’’) is a U.S.-headquartered global full service, integrated investment banking and securities firm. Our largest subsidiary, Jefferies LLC, a U.S. broker-dealer, was founded in the U.S. in 1962 and our first international operating subsidiary, Jefferies International Limited, a U.K. broker-dealer, was established in the U.K. in 1986. Our strategy focuses on continuing to build out our investment banking effort, enhancing our capital markets businesses and further developing our Leucadia Asset Management alternative asset management platform. We offer deep sector expertise across a full range of products and services in investment banking, equities, fixed income, asset and wealth management in the Americas, Europe and the Middle East and Asia.
At Jefferies, we believe that diversity fosters creativity, innovation and thought leadership through the infusion of new ideas and perspectives. We have made a commitment to building a culture that provides opportunities for all employees regardless of our differences and supports a workforce that is reflective of the communities where we work and live. As a result, we are able to pool our collective insights and intelligence to provide fresh and innovative thinking for our clients.
Jefferies is committed to creating and sustaining a diverse workforce and encourages applicants from all backgrounds to apply. This includes applicants from historically underrepresented groups, including women, racial and ethnic minorities, members of the LGBTQ+ community, military veterans, and individuals with disabilities or who are neurodiverse.
Jefferies is an equal employment opportunity employer, and takes affirmative action to ensure that all qualified applicants will receive consideration for employment without regard to race, creed, color, national origin, ancestry, religion, gender, pregnancy, age, physical or mental disability, marital status, sexual orientation, gender identity or expression, veteran or military status, genetic information, reproductive health decisions, or any other factor protected by applicable law. We are committed to hiring the most qualified applicants and complying with all federal, state, and local equal employment opportunity laws. As part of this commitment, Jefferies will extend reasonable accommodations to individuals with disabilities, as required by applicable law.
