Senior Derivatives Quantitative Analyst

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

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 or .Net technologies.
• Familiarity with Front Arena Prime.
• Background using 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 bank.
• Office locations in central cities throughout Switzerland.
• Comprehensive insurance coverage paid entirely by the employer.
• Financial contributions toward health insurance and meal allowances.
• A stable position within a company pursuing global growth.
• A competitive compensation package.

About the company

J. Safra Sarasin is a leading sustainable private bank with over 180 years of history and operations across 30 global locations. The firm provides dynamic, personalized services in investment advisory and asset management. Success is driven by employee enthusiasm, valuing technical expertise, professional qualifications, and social skills within a culture that promotes entrepreneurship and high team spirit.

• Operating as a leading sustainable private bank.
• Valuing unique technical expertise and social skills.
• Fostering an entrepreneurial spirit and positive attitude.
• Maintaining a high team spirit across a global network.