Associate/ Senior Associate, Quantitative Modeling and Strategies
3 days ago
London
Associate/ Senior Associate, Quantitative Modeling and Strategies Based in London A GLOBAL LEADING ASSET MANAGER WITH A DIVERSE & INCLUSIVE CULTURE As the Global Asset Management business of Prudential, we’re always looking for ways to improve financial services. We’re passionate about making a meaningful impact - touching the lives of millions and solving financial challenges in an ever-changing world. We also believe talent is key to achieving our vision and are intentional about building a culture on respect and collaboration. When you join PGIM, you’ll unlock a motivating and impactful career – all while growing your skills and advancing your profession at one of the world’s leading global asset managers! If you’re not afraid to think differently and challenge the status quo, come and be a part of a dedicated team that’s investing in your future by shaping tomorrow today. At PGIM, You Can! What you will do The Quantitative Modelling and Strategies (QMS) Group in PGIM Fixed Income is looking to add Associate/Senior Associate team members to work on research and development of Strategic and Tactical Asset Allocation Models, Portfolio Construction Algorithms and Tools, and Global Multi-Factor Risk Models. The group covers all major global fixed income markets, and we model credit, interest rate and foreign exchange risks. We work closely with portfolio managers and traders as well as with colleagues in risk management, structured finance research, and application development teams. What you can expect • Design analytical solutions to business needs in an asset management environment, • Engage portfolio/risk managers to understand business requirements and collaborate on model research and development, • Design and develop state-of-the-art financial analytics platform in Python., • Opportunities to learn, contribute and lead. We love innovative ideas and always foster environment to encourage entrepreneurship . What you will bring, • Minimum Bachelor degree in a quantitative field from a reputable university, • Enthusiasm, self-motivation and constant intellectual curiosity, • Excellent execution capability and willing to put in extra effort to stand out of the crowd, • Keen interests in Financial Markets and passionate about using quantitative models to improve investment and risk management decisions., • Great math foundation, • Good understanding and programming experience with Python (or other object-oriented languages like C++ and Java). What will set you apart?, • Top achiever during undergraduate studies, • and/or An advanced degree (PhD preferred) in a quantitative field (science, math, finance or engineering)., • Deep knowledge and understanding of statistical theory and methods, for example, PCA, linear/quadratic/mixed integer optimization, classification, feature identification and selection, multi-variable regressions, and their practical applications, tricks and best practices., • Experience and understanding of factor risk and attribution models., • Exposure to structured finance and credit models, as well as Monte Carlo simulation, • Real market experience, • Cross market and products knowledge, • Demonstrated ability to carry out independent research projects as well as to make contributions in a team setting, • Strong communication and presentation skills What we offer you • Private Medical Insurance: PGIM offers private medical insurance and pays the full premium on behalf of all employees., • Annual Leave of 25 to 28 days, based on years of service, at full pay., • Retirement Savings Plan: Employees receive a company contribution of 10% basic annual salary and a maximum employer-matching contribution of 5% of basic annual salary. PGIM Public and Private Fixed Income is a global asset manager offering active solutions across all fixed income markets. Our business climate is a safe inclusive environment, centered around mutual respect, intellectual honesty, transparency, and teamwork. Our leaders are focused on talent & culture; dedicated to fostering growth & development at all levels to develop the industry leaders of tomorrow. eFCSoSe