Head of Quantitative Engineering

TN United Kingdom; London; On-site; GBP 80,000 - 120,000; Full time

Job summary

An established industry player is seeking a Head of Quantitative Engineering to lead a dynamic team in delivering cutting-edge pricing models and valuation technology. This pivotal role involves managing a talented group, driving innovation, and ensuring the integration of reliable infrastructure with financial models. The ideal candidate will possess extensive experience in commodities quant organizations, particularly in energy derivatives, and will demonstrate strong leadership and communication skills. Join a forward-thinking company that values technical expertise and fosters a collaborative environment, where your contributions will directly impact trading and risk management functions.

Qualifications

• Extensive experience in commodities quant organizations, especially energy derivatives.
• Leadership experience managing large, cross-functional teams.

Responsibilities

• Manage the Quantitative Engineering Group for high-quality pricing models.
• Engage with stakeholders and ensure requirements are effectively managed.

Skills

C++

Python

API/backend services

Distributed architecture

CI/CD

Financial products knowledge

Option pricing theory

Numerical methods

Tools

GIT

NoSQL

Entity Framework Core

.NET

Job description

Job Description:

Department: The Quantitative Engineering group is responsible for valuing the entire trade portfolio of EDF Trading. It consists of five small teams: Quantitative Analysis, Quantitative Development, Core Engineering, QA & Release, and Derivative Products. The team aims to design and develop a platform for enterprise valuation, requiring high technical expertise across various technologies.

Position Purpose: The Head of Quantitative Engineering will enable the front office to understand value and risk, supporting trading, risk, and finance functions to produce consistent, high-quality results across intraday and end-of-day requirements, managing modern valuation models for real-time exposures.

Main Responsibilities:

• Manage the Quantitative Engineering Group to deliver high-quality pricing models and valuation technology.
• Support the business by understanding requirements and providing technical advice on valuation approaches, tools, and processes.
• Engage with stakeholders, present solutions, and ensure requirements are captured and managed effectively.
• Oversee development work, ensuring timelines, standards, documentation, testing, and peer reviews are maintained.
• Promote best practices in software engineering, refactoring, and documentation.
• Support production operations and work in a fast-paced environment.
• Guide the development of front-office tools, ensuring infrastructure and integration with models are reliable.

Experience Required:

• Extensive experience in commodities quant organizations, especially energy derivatives pricing and valuation infrastructure.
• Leadership experience managing large, cross-functional teams and influencing senior management.
• Knowledge of valuation technology stacks, financial models, and business re-engineering.

Technical Requirements:

• Experience in a quant team within a financial institution, particularly in front office roles.
• Commodity pricing model development and trade lifecycle understanding.
• Strong knowledge of option pricing theory, numerical methods, and financial products.
• Technical skills include C++, Python, API/backend services, distributed architecture, CI/CD, databases, messaging, and source control (GIT).

Desirable Skills:

• Experience with NoSQL, Entity Framework Core, TDD, C#, .NET, and automation in CI processes.

Person Specification:

• Credible leader with influence, interpersonal skills, and project management expertise.
• Excellent communicator with negotiation skills and the ability to articulate complex solutions.

Hours of Work: 8:30 am – 5:30 pm, Monday to Friday