Position Number: 00106542
Primary Function of Organization Unit: In the Department of Mathematics at NC State University, a long tradition of excellent teaching and a supportive environment for students are paired with cutting-edge research across a broad spectrum of mathematics and its applications. Many members of the Department participate in interdisciplinary programs and research groups on campus and in the broader Research Triangle community. Research strengths of the Department include the core mathematical areas of algebra, topology, and geometry, especially their connections to combinatorics, symbolic computation, and mathematical physics; core areas of applied mathematics, including matrix analysis, numerical analysis, scientific computation, probability, optimal control, ordinary, partial, and stochastic differential equations, and dynamical systems; and applications of mathematics to biology, finance, and industrial problems. Annual research funding exceeds $3 million, and supports numerous research assistantships for undergraduate and graduate students. More information about the department can be found at http:\\www.math.sciences.ncsu.edu.
Essential Job Duties: The selected candidate(s) will teach MA548 - Monte Carlo Methods for Financial Mathematics for the Spring 2019 semester only. The course covers the following: Monte Carlo (MC) methods for accurate option pricing, hedging and risk management. Modeling using stochastic asset models [e.g. geometric Brownian motion] and parameter estimation. Stochastic models, including use of random number generators, random paths and discretization methods [e.g. Euler-Maruyama method], and variance reduction. Implementation using Matlab or other programming languages. Incorporation of the latest developments regarding MC methods and their uses in Finance. The position will be responsible for giving lectures to students on topics listed in the course description, offering office hours to students for class related questions, assigning homework problems and grade homework, writing exam questions, provide solutions and grade the exams, submitting grades for students.
Minimum Education/Experience: PhD, an equivalent degree, or equivalent professional experience.
Department Required Skills: Demonstrated commitment to quality teaching. Excellent communication skills.
Preferred Experience, Skills, Training/Education: PhD in Applied Mathematics, Financial Engineering or related fields from a major US university Teaching experience from a major US university. Research experience in related fields Experience on supervising graduate students.
Necessary Licenses and Certifications: N/A
AA/EOE: NC State University is an equal opportunity and affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, national origin, religion, sex, gender identity, age, sexual orientation, genetic information, status as an individual with a disability, or status as a protected veteran.
Individuals with disabilities requiring disability-related accommodations in the application and interview process, please call 919-515-3148. Final candidates are subject to criminal & sex offender background checks. Some vacancies also require credit or motor vehicle checks. If highest degree is from an institution outside of the U.S., final candidates are required to have their degree verified at "www.wes.org":http//wes.org. Degree must be obtained prior to start date.
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