Quantitative Developer

Company Description

Borana Solutions, with offices located near Sarona in Tel Aviv, is a leading provider of research and development services for top financial services firms worldwide. Specializing in quantitative trading, our experienced team focuses on risk management, algorithm development, financial instruments, big data, simulation, and back-testing.

Role Description

This is an Israel-based full-time remote role for a Quantitative Developer working directly under the head of global hedging at one of the top multi-strategy hedge funds in the world, managing 20 billion+ USD. The Quantitative Developer will be involved in developing factor prediction models (alpha generation) to be used in optimizing the global risk hedge positions to increase profitability. This is a unique opportunity to work in a dynamic alpha research setting, usually only available in financial centers like New York and London.

Qualifications

• Knowledge of equity factor hedging, portfolio construction, risk allocation, capital budgeting
• Quantitative Analytics and Quantitative Finance skills
• Mathematics and Statistics proficiency
• Strong programming skills in Python
• Experience with financial modeling and analysis
• Ability to work independently and collaboratively
• Excellent problem-solving and analytical skills
• Degree in Mathematics, Statistics, Finance, Computer Science, or a related field