2006-06-06

Ph.D. Student and Postdoc in Mathematical Finance

Financial and Actuarial Mathematics
Institute for Mathematical Methods in Economics
Vienna University of Technology

We are looking for:

• A Ph.D. student in the area of numerical methods in finance for the newly established Christian Doppler Laboratory on Portfolio Risk Management (PRisMa Lab). The laboratory is located within the research group for financial and actuarial mathematics at the Vienna University of Technology, it is headed by Prof. Uwe Schmock. The laboratory is funded by the Christian Doppler Research Association, which is a non-profit association aiming to promote high-quality research, development and knowledge transfer in Austria. The research is carried out jointly with the Bank Austria Creditanstalt and the Austrian Federal Financing Agency (ÖBFA). Your main area of activity will be high-quality research of numerical methods in finance with a view towards practical applicability. The corresponding research module is headed by Dr. Reinhold Kainhofer.
   
• A Postdoc in the broad area of credit risk modelling for the research project "Mathematics and Credit Risk", granted by the Vienna Science and Technology Fund (WWTF).

We offer you to work on the forefront of current mathematical research, within a highly active and distinguished research group (Prof. Walter Schachermayer, Prof. Uwe Schmock, Prof. Peter Grandits, Prof. Josef Teichmann, Dr. Friedrich Hubalek, Dr. Reinhold Kainhofer, Dr. Johannes Leitner) and in close cooperation with the specialists of our financial industry partners Bank Austria Creditanstalt and Austrian Federal Financing Agency. We expect you to have a strong background in financial modelling and the theory of stochastic processes or numerical methods in finance. Nevertheless, a high motivation and a strong desire to learn and adapt new material can fill almost any gap you might have in the requirements.

There are no teaching duties associated with these positions. The start date is flexible and can be anytime in 2006 or in the first months of 2007, however, we plan to start soon. The duration of the laboratory will be initially for two years with an expected extension to seven years. The salaries for both positions are based on the FWF guidelines. We strongly encourage applications of female candidates.

Your application has to be in English or German and should be sent by August, 18th, 2006.
Ideally it should include:

• Application letter, indicating your preferred start date,
• Complete curriculum vitae,
• List of publications and preprints (if any), links to online versions if available,
• Copies of academic transcripts and certificates (please include a translation if these are not in English, German or French),
• Letters of reference or contact details of academics who can provide a letter of reference upon request.

If you send your application in electronic form, please include (a part of) your name in every file name and send it to the office address secr@fam.tuwien.ac.at for printing.

Contact details:
Prof. Walter Schachermayer, Prof. Uwe Schmock, Dr. Reinhold Kainhofer
Financial and Actuarial Mathematics
Vienna University of Technology
Wiedner Hauptstraþe 8-10/105-1
A-1040 Vienna
Austria
eMail: wschach@fam.tuwien.ac.at, schmock@fam.tuwien.ac.at or reinhold@kainhofer.com
URL: http://www.fam.tuwien.ac.at/ (department) and http://www.prismalab.at/ (PRisMa Lab)