Desk Developer - Rates

emagine Group; Greater London; On-site; GBP 144,000 - 188,000; Full time

Job summary

emagine is seeking a Python Desk Developer for our London office. You will design and build trading, risk, and pricing tools in Python and VBA to support live trading operations in a front office environment.

As part of the desk, you will develop models for pricing non-linear rates products, create APIs for integration, and work with central risk development to ensure compatibility with the firm’s risk platform, while acting as a first point of contact for traders.

Qualifications

• Must have strong Python programming capabilities.
• Experience working in a front office trading setting.
• Ability to design and implement pricing/models for derivatives.
• Understanding of interest rate derivatives is preferred.

Responsibilities

• Build desk tools: design and implement trading, risk, and pricing tools using Python and VBA.
• Develop models: create and improve pricing and analytics models for non-linear rates products.
• Work with central risk development: partner with Quartz teams to ensure compatibility with the firm’s risk platform.
• Create APIs: build APIs for existing tools and systems for better integration.
• Support the desk live: act as the first contact for traders on various issues, fixing root causes of problems.
• Own the risk picture: monitor Greeks, vega ladders, and reconcile P&L with Middle Office.
• Work across teams: collaborate on broader initiatives with parallel teams and support other desks as needed.

Skills

Strong Python skills

Front office trading environment

Model creation and development

Interest rate derivatives

Education

Bachelor’s degree in a quantitative field

Job description

£900pd emagine is a high end professional services consultancy and solutions firm Specialising in providing business and technology services to the financial services sector, we power progress, solve challenges and deliver real results through tailored high-end consulting services and solutions.

Python Desk Developer

London

£900pd

emagine is a high end professional services consultancy and solutions firm Specialising in providing business and technology services to the financial services sector, we power progress, solve challenges and deliver real results through tailored high-end consulting services and solutions.

We have created a culture of openness and integrity by building genuine and strong relationships and partnerships, enabling us to be uncompromising in our dedication in delivering the optimal service for our clients. Our commitment is not just towards our clients but we aim to foster a positive and equitable working environment with our consultants and colleagues which stems from our core values: Confident, Dedicated, Responsible, Genuine.

The Desk Developer (Front Office Technical Support) role is focused on designing and building trading, risk, and pricing tools that enhance trading workflows and risk management. By closely collaborating with traders, the developer will provide essential support and tools for live trading operations.

Main Responsibilities

• Build desk tools: Design and implement trading, risk, and pricing tools using Python and VBA.
• Develop models: Create and improve pricing and analytics models for non-linear rates products.
• Work with central risk development: Partner with Quartz teams to ensure compatibility with the firm’s risk platform.
• Create APIs: Build APIs for existing tools and systems for better integration.
• Support the desk live: Act as the first contact for traders on various issues, fixing root causes of problems.
• Own the risk picture: Monitor Greeks, vega ladders, and reconcile P&L with Middle Office.
• Work across teams: Collaborate on broader initiatives with parallel teams and support other desks as needed.

Key Requirements

• Strong Python skills
• Experience in a front office trading environment
• Expertise in model creation and development
• Solid grasp of interest rate derivatives
• Bachelor’s degree in a quantitative field

Our people

The ideal consultants will share our values and be aligned with our ways of working and as your career progresses, you can expect to work across all areas of the project lifecycle, from strategy to implementation. This will provide you with a broad base of experience from which to build an outstanding career.

The ideal consultants will share our values and be aligned with our ways of working and as your career progresses, you can expect to work across all areas of the project lifecycle.

“emagine is an equal opportunity employer, and employment practices are based strictly on merit. It is the policy of the Company to give equal opportunity in employment regardless of sex, sexual orientation, marital status, race, age, disability, gender reassignment, pregnancy and maternity, religion or ethnic origin”