Description

Khalifa University is ranked 181st in the QS World University Rankings 2023, and the top University in the UAE, with a range of research and academic programs designed to address the entire range of strategic, scientific and industrial challenges facing our rapidly evolving world.

Its world-class faculty and state-of-the-art research facilities provide an unparalleled learning experience to students from the UAE and around the world. Our research and academic activities cover a broad range of disciplines in engineering, science and medicine through our three colleges.

Khalifa University\'s research relates to key focus sectors of relevance to the UAE\'s strategic economic growth and the technology platforms that serve as foundations for these sectors. The University\'s research priorities are addressed in two categories - \xe2\x80\x9cverticals\xe2\x80\x9d and \xe2\x80\x9chorizontals\xe2\x80\x9d - which jointly cover specific industry and sector needs, technical platforms and expertise.

KU\'s focus sectors are Clean and Renewable Energy, Hydrocarbon Exploration and Production, Water and Environment, Healthcare, Aerospace, and Supply Chain and Logistics. Research in these sectors is enhanced by our research platforms of Robotics, AI and Data Science, Information and Communication Technologies, and Advanced Materials and Manufacturing as well as Fundamental Sciences.

Position Overview

KU is seeking a highly motivated Post-doctoral Fellow to work on optimal stopping problems arising in mathematical finance. The examples of such problems include real options problems (e.g., option to switch to idle state, option to wait to invest in risky projects, options to select the best of several technologies); optimal capital structure problems (i.e., optimal default problem for equity holders, valuation of equity and debt contracts, maximization of total firm value); valuation of recently proposed mortgage contracts taking into the account prepayment and default options.

The candidate will develop and implement efficient numerical schemes to tackle these problems. These schemes will be based on the combination of the following methods: Monte-Carlo simulations, free boundary and fixed boundary PDEs, integral equations, neural networks. The candidate will also work on theoretical analysis of the problems.

Qualifications

Position Overview

KU is seeking a highly motivated Post-doctoral Fellow to work on optimal stopping problems arising in mathematical finance. The examples of such problems include real options problems (e.g., option to switch to idle state, option to wait to invest in risky projects, options to select the best of several technologies); optimal capital structure problems (i.e., optimal default problem for equity holders, valuation of equity and debt contracts, maximization of total firm value); valuation of recently proposed mortgage contracts taking into the account prepayment and default options.

The candidate will develop and implement efficient numerical schemes to tackle these problems. These schemes will be based on the combination of the following methods: Monte-Carlo simulations, free boundary and fixed boundary PDEs, integral equations, neural networks. The candidate will also work on theoretical analysis of the problems.

Position Requirements

• Strong background in Mathematics, stochastic processes, machine learning and numerical methods
• Adhere to the University\'s information security and confidentiality policies and procedures, and report breaches or other security risks accordingly
• Perform any other tasks assigned by the Line Manager

Candidate Profile

Essential Criteria

• PhD from a reputable university in Mathematics or related discipline.
• Experience writing scientific or review papers;
• A willingness to contribute to a collaborative and supportive team culture
• Excellent English language communication skills (verbal and written)
• Ability to work both independently and as part of a team
• The proven ability to work on multiple tasks with competing demands and deadlines.
• Ability to train and mentor students and support fellow researchers
• Highly developed reasoning and problem-solving skills

Desired Criteria

• PhD gained from a top 200 QS or THE ranked University
• At least 1 year of relevant experience as a Post-doctoral researcher in academia or in industry.
• High impact first-author publications in top 10% journals in the relevant field

Should you require further assistance or if you face any issue with the online application, please feel to contact the Recruitment Team ( ).

Primary Location: Khalifa University - Abu Dhabi, UAE
Job: Post Doctoral Fellow
Schedule: Regular
Shift: Standard
Job Type: Full-time

Times Higher Education