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Quantile reduces risk, notional and capital requirements for market participants trading OTC derivatives.
Our market leading services connect a network of participants and deliver advanced algorithms that rebalance and reduce risk – increasing the efficiency and liquidity of markets, improving returns for clients and making the financial system safer.
Since launching in 2017, Quantile has eliminated hundreds of trillions of dollars of gross notional through interest rate compression and billions of dollars in margin through initial margin optimisation. We recently launched a capital optimisation service to help financial institutions meet new regulatory requirements and reduce their risk-based capital.
Our clients include all of the top tier global banks, regional banks and other large institutional market participants. We are headquartered in London, with offices in New York, Amsterdam and Sydney (Tokyo coming soon!).
About the role
As a graduate in the product team, you will work with our clients to deliver and execute our multilateral optimisation services.
Our product development and service delivery help us to stand out in the crowd. You will play a crucial role in nurturing client relationships and capturing and relaying market feedback to the engineering department, so we can continuously develop our services to reduce more risk and deliver even greater efficiencies.
The successful candidate will work with the Product Team to design and implement new products and services. They will work directly with the Compression and Engineering teams to enhance the product, based on feedback from clients and analysis of runs, as well as on strategic projects. Examples of possible projects include:
Product Design and Delivery
- Contributing to design and implementation of new products / major service additions
- Continuous enhancements of existing Products / Services, based on Client needs and competitive landscape
- Work with Engineering team to ensure Product enhancements are delivered to Client
Coordinate Quantile optimization runs
- Ensure all necessary information is ready (Client data, run config) for the Strat team to perform the optimization
- Execute any post run processes (e.g. trade booking, regulatory reporting)
Requirements
- Pursuing a degree in engineering, mathematics, physics, economics or finance
- Excellent communication skills (being able to understand quantitative issues and explain them to a non-technical audience)
- Attention to detail and operational diligence
- Knowledge of the below is highly desirable
Derivatives
- IR (swaps, swaptions, futures), FX (FWD, NDF, FX option), Equity (TRS, PRS, dividend handling, futures)
- Greeks and pricing models associated with the above derivative Product
Business
- Cleared margin, SIMM, leverage ratio (CEM, SA-CCR), RWA, CCAR
This role is a hybrid working role, with a blended approach of home and office working.
Quantile is an Equal Opportunity Employer.
