Quantitative Analyst

  • Binary.com
  • Birkirkara, Malta
  • May 21, 2019
Permanent Data Scientist | Blockchain

Job Description

The Team

We are the Quants Team. We're the rocket scientists of Binary.com. We develop the underlying risk and pricing models that drive our products and enable customers to trade on our platform. We are central to the profitability and success of the company. We track the company’s performance, mitigate risk, and provide useful, actionable insights that aid our leaders in developing solid business strategies.

About the role

You will be involved in developing derivatives pricing, risk management models, and algorithms. You will play a key role in the future growth, profitability, and risk management of the company. Since all transactions on our platform are fully automated, you will ensure that our pricing and risk management algorithms are robust, considering critical factors such as real-time pricing parameters, data feed irregularities, and latencies.

Responsibilities

  • Apply mathematical models to real-world scenarios.
  • Solve complex and abstract mathematical problems to optimise pricing and manage risk.
  • Analyse trading patterns to identify new market opportunities.
  • Communicate effectively with other team members to understand the big picture of the organisation and its goals.
  • Develop derivatives pricing, as well as risk management models and algorithms using C/C++, R, MATLAB, Perl, Python, etc.
  • Review, develop, and enhance options pricing, volatility forecasts, and risk management programs.
  • Perform data mining using SQL databases, R/S-Plus, OLAP, and other analytical tools.
  • Monitor website trading activity and minimise abuse.
  • Generate periodic and special reports that summarise client trading trends.

Preferred qualifications

  • An advanced university degree in physics, financial engineering, or mathematics.
  • Knowledge of probability theory, stochastic calculus, numerical methods, Monte-Carlo simulation, differential equations, econometrics, derivatives pricing, and statistical modelling.
  • Experience in using financial information sources such as Bloomberg and Reuters.
  • Expertise in the application of object-oriented programming languages (C++ and Perl), coupled with the ability to produce high-quality code.

Perks and benefits

  • Market-based salary
  • Annual performance bonus
  • Health benefits
  • Casual dress code
  • Flexi hours
  • Travel and internet allowances

Location

Malta

About location

Malta is a historical archipelago country in the middle of the Mediterannean Sea. Rich with beautiful beaches, cathedrals, museums, universities, cafes, and retail outlets, Malta is an ideal location to work from.