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A new Assistant or Associate Professorship

The Department of Statistics is advertising Seven jobs in Statistics, Probability and Mathematical Finance. The closing date for applications is 3rd January 2017.

These include a dedicated position in Mathematical Finance at the level of Assistant/Associate Professor.

In addition there are two further positions at Assistant/Associate level, one position at the Assistant level and a Harrison Assistant Professorship, all of which are open to candidates with interests in any branch of Statistics, Probability or Mathematical Finance. (Although these are labelled as positions in Statistics, they are open to candidates in all fields. However, for the two Assistant/Associate positions there is a preference to appoint candidates with interests in Data Science.)

Roughly speaking, Assistant Professorships are at the level of first appointments, and come with a much reduced teaching load in the first couple of years. The Harrison Assistant Professorship is a 3-year fixed term contract, but enjoys the same reduced teaching load as a permanent Assistant Professorship. Associate Professorships are post-probation and for those who have already some academic experience in lecturing positions. The Harrison positions are primarily intended for those at the start of their careers who do not have a permanent job.

Applicants with interests in finance should apply for the Assistant/Associate Professorship of Mathematical Finance, and, if appropriate, for any or all of these other positions. Since the applications will all be considered together it should be possible to do so simply by including a sentence to that effect in the application. Those candidates who are only interested in a position at the Associate Professor level should apply for the Associate Professor jobs. Those who feel their experience makes them more appropraite for a post at the Assistant level should apply for the Assistant Professorships including the Harrison job.

Rather than the department contacting referees, applicants should themselves ask their referees to send letters of recommendation to the Departmental Administrator, Mrs Paula Matthews ( by 3rd January 2017.

Interviews for shortlisted candidates will take place in late January.

The Department has existing strengths in Stochastic Finance, which build on longstanding research groups in Statistics and Probability. The idea is to create a further post in financial mathematics, adding to teaching, research and grant winning capacity. The post is financed by exciting new initiatives at the post-graduate level.

The aim is that the post could either add to the Departments high quality research at the interface between stochastic processes and finance, or could complement current interests. Applications are particularly welcome from candidates with research and/or teaching interests in Computational Finance or the application of advanced statistical methods to finance which would broaden the research interests of the Stochastic Finance at Warwick group.

Asistant professor positions are intended for those with limited (or zero) lecturing experience, and who exhibit excellent research potential. Associate professor positions are intended for those who already have 3-5 years (or more) of lecturing experience, and who exhibit a strong track record of research excellence, commensurate with their academic age. New academic staff who are appointed to assistant professor are promoted to assocaite level when they complete probabion.

New members of staff are given reduced teaching loads initially. For probationary staff this is normally one lecture course in the first year.

The Department of Statistcs enjoys strong links with Warwick Mathematics Institute and with the Finance Group of Warwick Business school.

The Department of Statistics is a major contributor to the Alan Turing Institute, a major national initiative on Data Science, which includes finance within its remit.

Official details for the positions can be found here. The closing date is 3rd January 2017 and candidates are requested to make sure that their referees write to the Department by this date. Interviews will be held in January.

Informal enquiries can be addressed to any senior member of the department, including the Head of Department, Professor Mark Steel, or Professor David Hobson.