Full Time, Fixed Term until 07/02/2018
Reference: 654615TR
The Centre for Risk Research (CRR) at the University of Southampton offers an exciting opportunity to work in a city-based investment company as a Knowledge Transfer Partnership (KTP) Associate. The Associate will be based in central London working at the offices of Seven Investment Management LLP, a leading investment management company with over £10bn of funds under management. The project will involve designing, transferring and embedding an innovative and cutting edge capability concerning risk management for investment portfolio optimization via advanced volatility estimation. As a KTP ‘Associate’, you will be employed by the University of Southampton on a 2 year fixed term contract, but will be embedded in the team at Seven Investment Management LLP. You will receive extensive training in Seven Investment Management LLP processes, sector specific business activities, plus the business skills training included in all KTPs.
Knowledge Transfer Partnerships (KTP):
Knowledge Transfer Partnerships enable recently qualified graduates (known as KTP Associates) to work in companies managing challenging projects central to the development needs of participating companies.
Knowledge Transfer Partnerships can provide you with:
• A springboard to accelerate your career.
• A personal development budget that will give you the opportunity to develop your personal, business and academic skills.
• The support of academic experts and KTP advisors.
• Opportunity to lead and manage a project with defined goals.
• Potential of a permanent post with the company partner at the end of the project.
• Gain business management qualifications.
• Opportunity to gain valuable R & D experience in a commercial environment.
Knowledge Transfer Partnerships provide employment and personal development opportunities for over 1000 graduates throughout the UK. Find out how Knowledge Transfer Partnerships can offer you a slice of the action by visiting:
http://ktp.innovateuk.org/graduate-opportunities.
Seven Investment Management LLP:
Seven Investment Management LLP, is an investment management business with over £10bn of funds under management, helping individuals, their families and institutional investors to manage their capital to meet their financial needs and aspirations. 7IM’s risk-rated portfolios, for which they are best known, are invested through UCITS (Undertakings for Collective Investment in Transferable Securities) fund structures, giving broad access to asset classes and the ability to hedge currencies and markets. 7IM prides itself on the calibre of its multi-asset funds, which provide innovative, market-leading asset allocation and investment implementation. This is reflected in the rapid growth of 7IM’s business. Few companies can offer such a dynamic and stimulating environment in which to work, alongside a dedicated and talented team of fourteen investment professionals.
University of Southampton:
This KTP project will require a complex set of skills to be integrated in order to achieve the final product outcome, and the project will also be constrained by the need to adhere to strict industry regulations and protocols concerning financial asset management. There is, however, a long term opportunity for the KTP team to influence these standards and to develop technologies and methodologies which will revolutionize aspects of volatility estimation. The Associate will be required to access different skills sets and knowledge within the University of Southampton in order to develop elements of the project such that market launch can be achieved. In this respect it is anticipated that the team will need to utilize leading expertise from the Centre for Risk Research and the Centre for Computational Finance and Business Analytics in the University’s Business School for skills in portfolio optimization, statistical modelling/data mining and quantitative finance. The research team have extensive experience of managing very successful KTP projects and were recently awarded the ‘Certificate of Excellence’ by Innovate UK and the highest grade of ‘Outstanding’ for their most recent KTP project.
The Candidate:
The Associate requires a detailed understanding and knowledge of a quantitative discipline (e.g. mathematics, econometrics, statistics, engineering, physics, computer science, operations research, quantitative finance) This level of knowledge may have been gained via a PhD, or attainment of a relevant MSc in a quantitative discipline accompanied by relevant experience, such as experience in computer programming . Evidence of prior knowledge of portfolio optimization, statistical modelling/data mining and/or quantitative finance would be advantageous. Evidence of satisfactory performance in computer programming modules at undergraduate or post-graduate level (especially MATLAB or R) and management of relational databases using SQL would be an advantage. Previous experience of the financial services industry, through direct former employment or student placement or previous post-Doctoral position, would be helpful. Ideally the Associate would have some knowledge of volatility estimation, option pricing, stochastic calculus, multi-factor modelling, portfolio optimisation and quantitative risk management strategies connected to financial portfolios. Knowledge of big data management, adaptation, machine learning and multi-agent simulation would be advantageous. The Associate should be a logical thinker, a good communicator with the ability to understand and solve complex problems and to work to deadlines and high quality standards. Other skills required include: ability to handle large databases and write academic reports, good presentational skills, and good time management. The post will be ideal for a candidate who is looking for a career in quantitative equity portfolio management.
Location: Offices of Seven Investment Management, 55 Bishopsgate, London
Contact: For more information please contact the academic supervisor for this project, Professor Frank McGroarty
[email protected]Application Procedure:
You should submit your completed online application form at
www.jobs.soton.ac.uk The application deadline will be midnight on the closing date stated above. If you need any assistance, please call Maxine Parker (Recruitment Team) on +44 (0) 23 8059 3784. Please quote reference 654615TR on all correspondence.
