Quantitative Analyst, Front Office (Calypso)

As a Quantitative Analyst reporting to Senior Quantitative Analyst youll play a critical role in designing implementing and productionizing the pricing and risk models that power our clients trading desks globally.

Youll thrive in this position if youre analytically rigorous passionate about building production-grade analytics and energized by working across asset classes in a fast-paced high-impact environment.

Nasdaq Calypso delivers mission-critical risk regulatory and trading technology to some of the worlds largest financial institutions - and this team sits at the heart of that work.

Key Responsibilities

• Develop and maintain pricing risk and XVA models across rates FX credit equity and commodities asset classes.

• Translate mathematical specifications into high-performance well-tested production code owning models end-to-end from derivation through to deployment.

• Partner directly with clients quantitative analysts and traders to calibrate validate and extend models to new products and markets.

• Collaborate with Engineering teams on performance optimization including vectorization parallel compute and adjoint sensitivity techniques.

• Contribute to AI/ML initiatives focused on model acceleration calibration and anomaly detection and produce clear technical documentation for model validation reviews.

Required Qualifications

• PhD (or equivalent research experience) in Mathematics Physics Engineering Computational Finance or a related quantitative discipline.

• Up to 5 years of experience in derivatives analytics as a Quantitative Analyst covering any asset class.

• Strong development proficiency in Java C or C# with experience in collaborative development environments including version control and code review practices.

• Solid grounding in stochastic calculus numerical methods (Monte Carlo PDE finite difference) and derivative pricing theory.

• Clear communicator with experience working across global cross-functional teams including traders engineers and clients.

Preferred Qualifications

• Experience with algorithmic differentiation libraries or exposure to XVA regulatory capital frameworks or initial/variation margin calculation engines.

• Applied ML/AI in pricing calibration or risk contexts using frameworks such as PyTorch JAX or scikit-learn.

• Cloud-native development experience and familiarity with contributing to a software provider or sell-side production analytics library.

This position is based inParisand offers a hybrid work environment with at least 3 days per week in office.

Benefits & Rewards

We offer a competitive well-rounded rewards package that supports you and your family - inside and outside work. Actual pay depends on your skills experience education and addition to base pay we offer short-term incentives (bonus or commission) and long-term incentives (equity) where applicable as well as the following benefits:

• Competitive base salary

• Annual bonus

• Annual equity grant

• Employee Stock Purchase Plan offering discounted company shares

• Pension plan with Nasdaq contribution

• 6 additional days off per year

• Extra vacation time based on tenure

• Work from (almost) anywhere up to 20 days/year

• Paid time off to volunteer

• Health insurance

• 24/7 mental health support for you and your family

• Global mentoring program

• Unlimited access to e-learning platforms

• Hybrid work setup

• Modern and comfortable work environment with fresh fruit snacks and weekly fika breaks.

Learn more on our Nasdaq Benefits & Rewards Career Page.

Come as You Are

Nasdaq is an equal opportunity employer. We welcome applications from candidates of all backgrounds and identities.

We are committed to fostering an inclusive workplace where diverse perspectives experiences and identities are valued and celebrated.

We ensure that individuals with disabilities are provided with reasonable accommodation throughout the hiring process.