The University of Edinburgh

Research Assistant in Computational Finance

Company
Location
Edinburgh, Scotland, United Kingdom
Posted At
8/20/2025
Description
Job Description

Grade UE06: £34,610 - £39,906 per annum

CSE / School of Mathematics

Full-time: 35 hours per week

Fixed-term: for 1 year

Applications are invited for the post of Research Associate (RA) in Computational Finance in the School of Mathematics, University of Edinburgh. The post is available from 1 st November 2024 for a fixed term of 1 year, full-time contract.

The position is funded by the IORH grant: “DeFi risk metrics via multi-agent simulations”. The RA is to work in interdisciplinary fashion with researchers in both Informatics and Mathematics. This project will develop principled risk management systems to improve economic security in decentralised finance using established tools from financial mathematics / quantitative finance / stochastic control / game theory augmented by agent-based and reinforcement learning based simulations.

To maximise innovation and creativity in informatics / mathematics, applications from candidates with diverse career paths, including those returning from a career break or following time in other roles, are encouraged.

The Opportunity

The Schools of Informatics and Mathematics at the University of Edinburgh are at the forefront of research in computational finance / financial mathematics / quantitative finance / reinforcement learning. The successful candidate will work with the IORH grant holders: Dr Aris Filos-Rastikas (Informatics), Dr David Siska (Mathematics), Prof Lukasz Szpruch (Mathematics) on developing state-of-the-art theory and simulation techniques for automated risk-management in decentralised finance. The PDRA will be encouraged to publish and present their results as well as to develop open-source software tools.

Applicants should have a working knowledge in at least one of the following areas: computational finance, mathematical finance, reinforcement learning, stochastic control, game theory or related areas of mathematics / informatics / computer science. They should have a track record of or potential for research excellence. They should be enthusiastic about software development and have working knowledge of python and relevant deep-learning libraries (e.g. torch).

Please upload a CV and a research statement outlining how your current research connects with the position (no more than 2 pages) when applying for the post via the online recruitment system. In addition please arrange for at least 2 references to be sent direct to [email protected] quoting the reference number 12945.

Your Skills And Attributes For Success

  • An MSc or PhD in agent-based modelling, game theory, mathematical finance, reinforcement learning, stochastic control or related areas of mathematics / informatics / computer science.
  • Track record of or potential for research excellence, evidenced by e.g. preprints / publication record.
  • Enthusiasm about software development, evidenced by e.g. projects on Github.
  • Interest in decentralised finance and strong motivation to develop tools to measure, model and understand risk in decentrilsed finance protocols.

Click to view a copy of the full job description (opens new browser tab).

As a valued member of our team you can expect:

  • A competitive salary.
  • An exciting, positive, creative, challenging and rewarding place to work.
  • To be part of a diverse and vibrant international community.
  • Comprehensive Staff Benefits, such as a generous holiday entitlement, competitive pension schemes, staff discounts, and family-friendly initiatives. Check out the full list on our staff benefits page (opens in a new tab) and use our reward calculator to discover the total value of your pay and benefits.

Championing equality, diversity and inclusion

The University of Edinburgh holds a Silver Athena SWAN award in recognition of our commitment to advance gender equality in higher education. We are members of the Race Equality Charter and we are also Stonewall Scotland Diversity Champions, actively promoting LGBT equality.

Prior to any employment commencing with the University you will be required to evidence your right to work in the UK. Further information is available on our right to work webpages (opens new browser tab).

On this occasion the University will not consider applicants requiring sponsorship for this role. International workers will therefore only be able to take up this role if they can demonstrate an alternative right to work in the UK.

Key dates to note

The closing date for applications is 3 September 2025.

Unless stated otherwise the closing time for applications is 11:59pm GMT. If you are applying outside the UK the closing time on our adverts automatically adjusts to your browsers local time zone.

Interviews will be held a few weeks after the closing deadline.

About Us

As a world-leading research-intensive University, we are here to address tomorrow’s greatest challenges. Between now and 2030 we will do that with a values-led approach to teaching, research and innovation, and through the strength of our relationships, both locally and globally.

About The Team

The School of Mathematics

The University of Edinburgh's School of Mathematics is one of the world’s leading mathematical sciences departments, home to world-class researchers and to an innovative educational environment for both undergraduates and postgraduates. We are proud to have a highly international faculty and students from around the world. As a School we value both the breadth and depth of our research and teaching.

We have around 110 permanent faculty and around 45 research fellows and research associates, who cover a broad range of research topics in pure and applied mathematics, operational research and statistics. The School has an enviable record of attracting prestigious fellowships and currently hosts, for instance, 6 ERC grant holders and 7 Royal Society University Research and Dorothy Hodgkin Fellows. In the 2023 Shanghai Global Ranking of Academic Subjects we are ranked 18 th among the world’s best Mathematics departments. Together with the Departments of Mathematics and Actuarial Mathematics & Statistics at Heriot-Watt University, we form the Maxwell Institute; our joint submission to REF2021was ranked 3rd in the UK for Mathematical Sciences by research power, based on the quality and breadth of our combined research.

The School delivers a world-leading educational experience for its students and is constantly exploring new evidence-based ideas in mathematical education in order to provide a stimulating learning environment. There are excellent possibilities for imaginative curriculum development, including online activities, and course design and delivery. The School teaches pure and applied Mathematics, operational research and statistics. We have approximately 1000 undergraduate students, around 210 MSc students, and our Graduate School has close to 160 PhD students.

Edinburgh is home to the International Centre for Mathematical Sciences, one of the UK’s two major conference centres in the mathematical sciences and operated jointly by the University with Heriot-Watt University. Over the past 30 years the centre has established a superb reputation for hosting workshops at the highest scientific level on all mathematical topics, attracting many of the best mathematicians in the world to the UK.

The School is located in the James Clerk Maxwell Building which is situated on the King's Buildings campus, approximately 3 kilometres south of the city centre.

Further information about the School, our research and our teaching is available on the School of Mathematics Website ( https://www.maths.ed.ac.uk ) (Opens in new browser tab)
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Research Assistant in Computational Finance | The University of Edinburgh | Hunt UK Visa Sponsors