Barclays Capital Inc seeks Index Quant Trader in New York, New York (multiple positions).

1.      Develop next generation back testing tools for the flow derivatives business.

2.   Use knowledge of option pricing theory and market dynamics to improve the framework for risk management.

3.   Suggest trade ideas to clients of the firm combining a broad range of information from other classes with nuances of equity options market pricing.

4.   Build a trading research platform to be used by the derivatives, exchange traded fund and systematic trading businesses.

5.   Work closely in collaboration with sales, research, quantitative analytics, technology and other teams within the firm to prioritize the needs of the business.

6.   Mentor junior colleagues on the desk and help them get familiar with technical details as well as best practices in derivatives markets.

7.   Utilize advanced knowledge of stochastic calculus to improve the firm's volatility surface fitting process in speed and accuracy.

8.   Create the foundation for automated quoting and execution systems in futures and options.

9.   May telecommute.

RATE OF PAY: $300K - $330K per year. The minimum and maximum salary/rate information above include only base salary or base hourly rate. It does not include any other type of compensation or benefits that may be available.

Apply online at our career page at https://home.barclays/careers/ (Job ID 0000018964).