Do you want to help financial institutions in managing the complexity of investment decisions, as a part of a leading provider for technology and solutions for risk and return management?
Do you want to contribute to society, not just by helping improve people’s savings and pensions, but also by innovating on cutting edge software challenges?
If so, keep on reading, for we may be looking for you!
What will you do as Quantitative Developer?
As a Quantitative Developer within the Scenario & Asset Valuation (SAV) solution, you are responsible for maintaining and developing the infrastructure of the quantitative models used by clients, business specialists and quantitative financial analysts. You design and promote tools around data processing and updating processes to further improve/automate them. In addition, you are responsible for the monthly update of the models and underlying data. You bridge the gap between quantitative financial analysts and software developers, and work together with them on technically challenging innovation projects, for example involving large or complex data sets. You play a crucial role in the continuity of the quantitative models, developing state-of-the-art infrastructure and thereby contributing to the continued success of Ortec Finance. You report to the management of SAV.
The Scenario & Asset Valuation (SAV) solution
SAV is end-to-end responsible for the innovation, calibration, software and maintenance of our economic scenario generators (ESGs) and is in direct contact with its clients. The ESGs are available as real-world scenarios for investment and risk management purposes, and as risk-neutral (or arbitrage free) scenarios for valuation purposes. The real-world ESG is the Ortec Finance Scenario set (OFS) which provides the valuations and risks of various asset classes in the present and future. The OFS creates real-world stochastic scenarios with a worldwide asset class coverage and provides the financial risk and return expectations for more than 600 risk-drivers for a short-, medium- and long-term horizon. The OFS is calibrated and analyzed with our Dynamic Scenario Generator (DSG) software. The risk-neutral ESG (RN-ESG) enables actuaries and finance professionals to perform market-consistent valuations of optionality in insurance liabilities and of financial contingent claims more generally. The OFS, DSG and RN-ESG are a cornerstone in the advisory services Ortec Finance provides to its clients and serves as a crucial input in the financial decision making for applications such as ALM and risk management for pension funds, insurance companies, asset managers, sovereign wealth funds and private wealth management all over the world. SAV is an innovative multidisciplinary group of about 20 persons with Quantitative Financial Analysts, Business Specialists and Quantitative and Software Developers.
This is what you contribute as a Quantitative Developer
As Quantitative Developer, you are a team player, result oriented and you have a proactive attitude. We require someone who intends to make a difference in this role.
Furthermore, we expect the following from you:
- Affinity with both finance and programming is a must;
- University degree in a quantitative field, such as Business Analytics, Computer Science, Mathematics, Physics or Engineering;
- Programming skills in Python, Matlab, R, Java or something similar;
- Excellent communications skills in English, both written and orally, and an active participation in the team;
- 0-2 years of relevant work experience.
The vacancy offers more than just a challenge
We offer you a challenging and rewarding role in a growing company, while being part of an inspirational global business. A great working environment and opportunities for personal and professional career development. An active employee association that organizes various activities throughout the year and you will be part of an industry-leading global team, renowned for excellence!
You will earn a competitive salary, depending of course on your job and competency profile. In addition, we offer you excellent benefits, including:
- 8% holiday allowance;
- a fixed 13th month;
- participation in a bonus policy;
- participation in the pension scheme;
- 27 vacation days (based on a full-time contract);
- possibility to buy extra vacation days;
- working from the office in Rotterdam;
- travel expenses compensation for your daily commute and business travel;
- a work environment with enthusiastic and fun colleagues!
Who are we?
Working at Ortec Finance means working somewhere else. It means working in a world where colleagues meet; gather knowledge and where likeminded peers are always willing to help each other. Where the organizational culture is friendly, flat and non-political.
Working at Ortec Finance also means working in a continuously innovating world where science, academics and mathematics dominate, since models are key in helping Ortec Finance’ clients with complex financial decisions. Because that is what we love: giving our clients the best advice possible. Where the daily job is very in-dept, based on evidence and relevant for society. It means a job that matters. Where the learning curve is steep, we learn something new every single day. And we need to, because continuously innovation is key. Especially in a fin tech world. We do not necessarily follow all conventions. Because yes, we are a bit rebellious too.
Ortec Finance is the leading provider of technology and solutions for risk and return management. It is our purpose to enable people to manage the complexity of investment decisions. We do this through delivering leading technologies and solutions for investment decision-making to financial institutions around the world. Our strength lies in an effective combination of advanced models, innovative technology and in-depth market knowledge. More at www.ortecfinance.com.
More information or to apply?
For more information regarding this position please contact Erik Hennink, Team lead ET QAM, at +31 10 700 5000. To apply, please use the application button to send us your CV and cover letter.
We hope to meet you soon!
- Rotterdam and Amsterdam