Senior Quantitative Developer - Fixed Income

Vichara
Ridgewood, NJ

Job Description

Job Description

Company Description

Vichara is a Financial Services focused products and services firm headquartered in NY and building systems for some of the largest i-banks and hedge funds in the world.

Job Description

  • The quant team is responsible for providing valuation and risk calculations for all products traded by the firm (primarily rates, foreign exchange and credit) across a variety of applications. The team is implementing a new quantitative analytics library and are looking for an individual to drive the technology.

  • Quantitative Modeling: Expand product and market coverage to address evolving client needs by researching, implementing and rolling out new rates models.

  • Analytical Support: Maintain existing models, interact with client portfolio managers, traders and risk managers.

  • Test models and explain any differences with expected results
Qualifications

  • 5+ years of quantitative model development experience using Python Quantlib and C++

  • A Degree in a Quantitative Field:

  • Experience in Bonds and interest rates derivatives (swap, swaptions, CMS spread options, midcurves, etc) and modeling (short rate, Libor Market Model)

  • Exposure to curve building and stochastic volatility models.

  • Expertise in stochastic calculus and numerical methods such as Monte-Carlo simulation, finite difference schemes.

Additional Information

Compensation - 50 lakhs p.a

Benefits:

  • Work from home opportunities
  • Extended health care
  • Dental care
  • Life insurance

Posted 2025-07-27

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