Quantitative Analyst
First Source Arya Solutions is seeking a driven, analytical, and technically-gifted Quantitative Analyst to develop and optimise derivatives pricing and risk management algorithms for our clients’ online trading platforms.
About First Source Arya Solutions LLC
First Source Arya Solutions is a startup with big ambitions. We’re on a mission to transform the global financial industry by developing state-of-the-art software solutions that make financial services more accessible to everyone.
Working at First Source gives you more responsibilities and opportunities to help you realise your full potential. You’ll be able to learn and improve every day from doing a lot of different things in a fast-paced, startup environment that values tenacity, creativity, and hard work.
Out of all the countries in the world, we’ve decided to set up in Iran to take advantage of the country’s large pool of IT talent. We believe there is an untapped wealth of developers and testers with world-class potential who can help us in our mission to transform the financial trading industry.
We believe that software plays an essential role in every business –– especially for financial institutions that manage millions in transactions each day.
We constantly push the boundaries of what’s possible to deliver cutting-edge products and services that can solve problems, meet challenges, and transform a business. We build great software not as the end goal, but as the means to an end.
The ideal candidate
You excel at the intersection of mathematics, programming, and finance.
You thrive in a fast-paced environment that values collaboration and open communication. You enjoy the challenges posed by mathematical models, data analysis, and financial research.
As our Quantitative Analyst, you will have the opportunity to develop derivatives pricing, as well as risk management models and algorithms that directly influence the success of global trading platforms.
We are looking for someone who loves to:
● 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
● Work with highly talented people in an exciting, multinational environment
● Do great work, and inspires people around them to do the same
● Get things done in a no-nonsense manner
● Work without bureaucracy and hierarchy
● Learn and improve, day in and day out
To excel in this role, you must have:
● An advanced university degree in physics, financial engineering, or mathematics
● Knowledge of probability theory, stochastic calculus, numerical methods, Monte-Carlo
simulation, differential equations, econometrics, and statistical modelling
● Expertise in the application of object-oriented programming languages (C++, Perl, and
Java), coupled with the ability to produce high-quality code
Your role
As our Quantitative Analyst, you will:
● Develop derivatives pricing, as well as risk management models and algorithms using C/C++, R, MATLAB, Perl, Python, and Java
● Review, develop, and enhance Perl, C++, and R codes used in options pricing, volatility forecasts, and risk management programs
● Maintain accurate system pricing parameters
● 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
Remuneration and benefits
This position offers a market-based salary, annual performance bonus, and flexi hours.
Location
Tehran, Iran
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