Senior Derivatives Quantitative Analyst

Bank J Safra Sarasin seeks a Senior Derivatives Quantitative Analyst in Basel to develop pricing models and validate risk systems. The role requires strong Python/C++ skills and quantitative expertise.

The company is looking for an experienced professional to build and maintain pricing and risk management models for equity, foreign exchange, interest rate, and credit derivatives. This position involves validating third-party pricing libraries and contributing to the development of in-house algorithms within a grid computing architecture.

Responsibilities

• Develop, maintain, and implement models for the pricing library.
• Create prototype solutions and oversee their full implementation.
• Analyze and enhance existing models for pricing, hedging, and risk metrics.
• Construct test cases to support regression testing processes.
• Detect potential risks, issues, and opportunities for optimization.
• Conduct background research to support model development.

Requirements

• A university degree in a quantitative discipline such as Mathematics, Statistics, Physics, or Computer Science, or equivalent banking education.
• At least three years of practical experience in quantitative analysis within a banking environment.
• Strong proficiency in Python and C++, alongside deep knowledge of numerical analysis and probability calculations.
• Fluent command of the English language.

Nice to have

• Experience with VBA and .Net technologies.
• Familiarity with Front Arena Prime.
• Prior exposure to Bloomberg, Reuters, or similar real-time trading and risk management platforms.
• Additional language skills in German and/or French.

What the company offers

• An entrepreneurial environment within a family-owned institution.
• Central office locations throughout Switzerland.
• Comprehensive insurance coverage paid entirely by the employer.
• Contributions toward health insurance and meal allowances.
• A stable position within a company pursuing global growth.
• A competitive compensation package.

About the company

Bank J Safra Sarasin is a leading sustainable private bank with over 180 years of history and a presence in 30 locations worldwide. The firm provides dynamic, personalized services in investment advisory and asset management. Its culture emphasizes entrepreneurship, high team spirit, and a positive attitude.

• Operating as a sustainable private bank with a long global history.
• Fostering an entrepreneurial spirit supported by strong teamwork.
• Providing personalized investment advisory and asset management services.