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Associate director quantitative solutions

Sydney
Commonwealth Bank
Posted: 10 April
Offer description

* You are passionate, motivated and display a positive attitude

* We are a values-driven and a high performing team

* Together we can deliver an exemplary experience for our stakeholders and the Group

Do work that matters

Institutional Banking & Markets (IB&M) is responsible for managing the Group’s relationships with major corporate and government clients and institutional investors, and provides a full range of capital raising, transactional and risk management products and services.

IB&M’s success will be achieved through the effective implementation of our strategic initiatives. QDAT’s (Quants, Data, Analytics and Technology) purpose is to power, transform & grow IB&M, supporting its strategy via a centre of excellence using data, mathematics, insights, and technology to deliver exceptional results for our clients and the wider Group.

See yourself in our team

You will be part of a highly driven Quantitative Solutions team providing analytical solutions to the public side of IB&M.

We aim to develop scalable and industrialised infrastructure that will change the way we work by eliminating risks, providing new insights, increasing our service quality, and creating capacity. This will enable the business resources to focus on delivering production innovation to our customers.

In this role

You will develop and maintain processes alongside with the team to build the bank’s derivatives pricing and risk management library and the platform based on bespoke best in class technology.

With your thorough understanding and ability in Python, you will be responsible for leveraging advanced technology platform to build automation tools for business at request.

Other responsibilities will also include:

o Maintaining and supporting the existing pricing tools for commodity trading and sales

o Actively engaged in the development and validation of new products and models for the commodity trading desk

o Developing and enhancing pricing, risk and analytics models for commodities futures, swaps and options

o Producing and deriving market data via the pricing processes, understanding how they change under different market scenarios and the limitations of different pricing models under a range of market scenarios

o Providing support and developing relationships with various stakeholders

o Assisting traders in pricing and hedging and assisting sales in preparing client facing analytics

o Querying Murex and its processes and understanding how the underlying pricing and risk routines operate

o Applying in-depth understanding of Murex including pricing and market risk capital calculations

We’re interested in hearing from people who have

o Strong knowledge in Commodity markets, Global markets, Market Risk and derivative pricing or similar hands-on experience

o Advanced Python knowledge and experience

o Experience and deep knowledge of Murex

o Experience with Bloomberg and Beacon would be advantageous

o Strong attention to detail with problem solving abilities

o Proficient experience in major computer languages, such as C++/C# will be highly valued

o Demonstrable numerical analysis skills

o Excellent spoken and technical written communications skills with strong influencing and interpersonal abilities

o Tertiary qualifications in a quantitative finance, mathematics, engineering and / or IT based discipline or relevant industry experience

Working with us:

We support our people with at least half your time each month connecting in the Sydney office, allowing for flexibility in the remaining time. We have many other flexible working options available including changing start and finish times. Talk to us about how these arrangements might work for you.

If this sounds like you, apply now!

If you're already part of the Commonwealth Bank Group (including Bankwest, x15ventures), you'll need to apply through Sidekick to submit a valid application. We’re keen to support you with the next step in your career.

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