What are the responsibilities and job description for the Quantitative Developer - Derivatives Pricing (C++) position at JCW?
Position: Quantitative Developer – Derivatives Pricing (C )
Location: New York
Firm: Investment Bank
Base Salary Range: $180,000 - 280,000
Overview:
We are seeking a skilled Quantitative Developer with expertise in derivatives pricing model development using C . The ideal candidate will have experience in the commodities space and a strong understanding of financial mathematics, numerical methods, and risk management.
Key Responsibilities:
- Develop and enhance pricing models for derivatives, with a focus on commodities.
- Implement and optimize C code for high-performance trading and risk management systems.
- Work closely with traders, quants, and risk managers to refine models and ensure robust implementation.
- Conduct model validation, testing, and performance tuning.
- Stay up to date with market developments, regulatory requirements, and best practices in derivatives pricing.
Requirements:
- 5 years of experience in derivatives pricing model development, preferably within commodities.
- Strong proficiency in C and object-oriented programming.
- Deep understanding of stochastic calculus, PDEs, Monte Carlo methods, and numerical optimization.
- Experience working with market data, pricing libraries, and risk management systems.
- Excellent communication skills and ability to collaborate with cross-functional teams.
- Degree in a quantitative field such as Mathematics, Physics, Computer Science, or Financial Engineering.
Preferred Qualifications:
- Exposure to machine learning techniques for financial modeling.
- Experience with scripting languages such as Python for data analysis.
- Familiarity with regulatory requirements for derivatives pricing and risk.
Salary : $180,000 - $280,000
