Quantitative Associate Cover Letter

I would like to submit my application for the quantitative associate opening. Please accept this letter and the attached resume.

In my previous role, I was responsible for both internal and external training on the SAS Model Implementation Platform and Expected Credit Loss solutions.

Please consider my experience and qualifications for this position:

• Detailed knowledge and understanding of the principles of quantitative finance such as replication, hedging, risk neutral valuation
• Expert-level knowledge of financial mathematics including stochastic calculus and measure theory (Ito and Malliavin calculus, Levy distributions, martingale representation theorem)
• Strong knowledge of numerical methods such as Monte Carlo simulation, Numerical Integration, finite differences
• Knowledge of volatility modeling (SABR/ZABR, Heston)
• Takes initiative and is accountable (shows ownership)
• Knowledge of derivative pricing and financial markets is preferred
• Hands-on experience with computer programming (Python, Java or C)
• Working experience of building or working with financial modeling in risk management or front office

Please consider me for the quantitative associate opportunity. I am including my resume that lists my qualifications and experience.

In my previous role, I was responsible for statistical analysis and trend reports utilizing SAS JMP software.

My experience is an excellent fit for the list of requirements in this job:

• Equities market experience
• Design and development of simulation models for Credit Valuation Adjustment (CVA) and Potential Exposure (PE) for interest rate, equities, commodities, FX, and credit derivatives Capital simulation models, econometric prediction of default and loss given default, hedging of derivative credit risk, and the risk-return tradeoff in a credit risky portfolio of assets
• Interaction with other teams in credit risk, market risk, liquidity risk, controllers, technology, model validation and internal audit to deliver consolidated model results to regulators
• Fast approximation of credit risk measurements
• Working on quantitative regulatory projects
• Published or the potential to publish in quality scholarly journals
• Potential to obtain funded research
• Experience with teaching online/hybrid courses

I submit this application to express my sincere interest in the quantitative associate position.

In my previous role, I was responsible for support for change projects impacting market and counterparty credit risk modelling and systems.

Please consider my experience and qualifications for this position:

• Working closely with the structuring team and trading desk to understand, define, and deliver innovative new products
• Implement the models and payoffs in our quant library
• Supporting trading desks by explaining the behaviour of models, carrying out analyses, developing and delivering quantitative tools, and supporting analytics
• Experience in a derivatives modelling environment (either front office or model validation)
• Preferred advanced work in several projects/initiatives within a quantitative discipline (statistics, economics, mathematics)
• Experience in pharmaceutical and/or healthcare industries strongly preferred
• Experience with a variety of analysis techniques, such as multivariate regression, logistic regression, sales forecasting, promotion response/value prediction, advertising effectiveness, consumer profiling, marketing mix and ROI measurement
• Strong knowledge of SAS or SPSS for analysis

I submit this application to express my sincere interest in the quantitative associate position.

In the previous role, I was responsible for guidance and approval on the fair lending and related risks presented by policies and models that determine credit risk, segment populations, provide valuations or other business related insights.

I reviewed the requirements of the job opening and I believe my candidacy is an excellent fit for this position. Some of the key requirements that I have extensive experience with include:

• Experience with empirical testing (e.g., control exposed) and statistical techniques relevant to market research (e.g., sampling, clustering, stratification) are desirable
• Progress towards CFA designation or experience in financial markets preferred
• Excellent quantitative skills with experience in building econometric or general purpose statistical models
• Excellent programming skills in R and Python for data science / scientific computing
• Computer Science or Physics background, Mathematics, Engineering
• Working knowledge in database/data warehousing technologies such as ASE/Oracle/IQ VI
• Comfortable working on multiple projects, demonstrating initiative and showing commercial impact
• Knowledge of the Prime Brokerage and/or Securities Lending business is ideal but not mandatory

In response to your job posting for quantitative associate, I am including this letter and my resume for your review.

In the previous role, I was responsible for technical expertise in analytics and measuring marketing performance using mathematical models, statistical tools & techniques.

Please consider my qualifications and experience:

• Strong Quant background and extensive knowledge of the relevant markets and their traded products
• Clear communication and experience in the Front Office environment
• Excellent analytical, communication and presentation skills Knowledge of Web UI architecture and design using Java/HTML5/JaveScript an advantage
• Knowledge in distributed systems, grid computing, multi-tier architecture and design
• Demonstrated experience in using C++
• Demonstrate that they are keen on delivering results, build relationships and developing themselves to be the best they can
• Understanding of the tools used for pricing, risk and attribution of profit/loss
• Confident, entrepreneurial, with strong interpersonal skills