Financial and Actuarial Mathematics, TU Wien, Austria

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

PostDoc position in Levy Processes

We are looking for a PostDoc for the project "Robust Calibration of Jump-Type Asset Price Models" granted by the Austrian Science Foundation (FWF).

The general topic of the research project is about efficient and robust methods for Levy processes, the researcher will have freedom to choose appropriate research topics within the wide bounds of the project.

We offer you to work on the forefront of current mathematical research, within a highly active and distinguished research group. We expect from you a strong background in financial modeling and stochastic processes (preferrably Levy models) and the ability and motivation to carry out independent research. Good knowledge of numerical methods are an advantage.
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 above.

There are no teaching duties associated with the position. The start date for the position can be any time, however, the ending date of the project is in June 2008. The salary is based on the FWF guidelines (

Your application should be written in English and provided in electronic format (PDF) and must include:

  • an application letter describing the research interests and indicating your preferred start date,
  • a complete curriculum vitae,
  • a list of publications and preprints (if any),
  • a list of academic certificates,
  • one letter of reference.

Applications (by e-mail) should be returned to the FAM secretary Christian Gawrilowicz by May 20, 2007.

Project leader:
Reinhold Kainhofer ( or

Candidates should already be authorized to work in the EU. We strongly encourage applications of female candidates. In case of equal qualification, handicapped applicants are given preference.

About the department:
The research unit "financial and actuarial mathematics" (FAM) at the Vienna University of Technology employs 2 full professors (Prof. Schachermayer, Prof. Schmock) and five associate and assistant professors (Grandits, Teichmann, Hubalek, Leitner, Kainhofer). Several PostDocs and PhD students are also employed by various research projects.
The main research areas are utility optimization, interest rate theory, Levy processes, credit risk, numerical finance, and ruin theory.

Bei der Bewerbung bitte auf die FAM-jobs Seite verweisen.