Your main area of activity will be research in credit risk from a practical and theoretical point of view.

We offer you to work on the forefront of current mathematical research, within a highly active and distinguished research group (directed by Prof. Walter Schachermayer, Prof. Uwe Schmock and Prof. Josef Teichmann). We expect you to have a strong background in financial modeling and the theory of stochastic processes. Programming experience with Java is 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 this position. The start date is flexible, the duration of the two projects together will be two years, and the salary is based on the FWF guidelines. For a postdoc, a full- or a half-time contract is possible. We strongly encourage applications of female candidates.

Applications should be returned to Prof. Uwe Schmock by June 25, 2005.

Walter Schachermayer, Uwe Schmock and Josef Teichmann
Financial and Actuarial Mathematics
Vienna University of Technology
Wiedner Hauptstraße 8-10/105-1
A-1040 Vienna
Austria
URL: http://www.fam.tuwien.ac.at/ (department)