Quant Developer

Quanteam; London; Hybrid; GBP 100,000 - 125,000; Full time

Job summary

A leading financial services company in London is seeking a Quant Developer to assist in the design and implementation of pricing and risk tools within Structured Equity Derivatives. Candidates should have strong expertise in C++ and Python, with a background in quantitative finance. Hybrid working options are available, offering competitive daily rates.

Qualifications

• 3-7 years as a Quantitative Analyst developing models in quantitative finance or IT.
• Two or more years C++ experience.
• 3+ years Python experience required.

Responsibilities

• Assist design and implementation of pricing, risk and P&L infrastructure.
• Delivery of calculation infrastructure for FRTB IMA regulatory reporting.
• Design and development of end-of-day risk and P&L calculations.

Skills

C++

Python

Data analysis

Mathematical finance

Knowledge of pricing models

CI/CD pipelines

Education

Degree in mathematical finance, science, or maths from a top-tier university

Tools

Visual Studio 2017

Excel

Job description

Social network you want to login/join with:

Posted by Talent Acquisition Lead & Client Partner

Job: Quant Developer

London, UK

Hybrid working – 2 to 3 days on-site

Full-time contract - long-term engagement (with a possibility to convert to perm at a later stage)

IR35 via Umbrella up to £1000 daily

ROLE DESCRIPTION

Equity Derivatives Quants (a division of Global Banking and Markets) are looking for a C++/Python developer specialising in Structured Equity Derivatives. The candidate will be expected to:

• Assist the design and implementation of pricing, risk and P&L infrastructure surrounding the core pricing library
• Assist the Quantitative Modellers to develop the core pricing library
• Develop the Quantitative tooling required to support the platform

The role will cover the following agendas:

• Delivery of the calculation infrastructure required for FRTB IMA regulatory reporting
• Design and development of end-of-day risk and P&L calculations allowing the retirement of the legacy vendor platform
• Design and development of intraday risk and P&L calculations
• Design and development of market data marking pipelines

The candidate should expect to have day-to-day interactions with the trading desk, other quants, the Risk and Finance departments, and technology teams. While the role is London based, the team and clients are located globally with presence in London, Paris, Hong Kong, and Bangalore. Occasional travel may be required.

Essential Experience Required

• 3-7 years working as a Quantitative Analyst developing models in quantitative finance, IT development, or a trading environment
• A degree in mathematical finance, science, or maths from a top-tier university
• Knowledge of the standard pricing models used in the investment banking industry
• Two or more years C++ experience (preferably using Visual Studio 2017)
• 3+ years Python experience required
• Background in stochastic processes, probability, and numerical analysis. Physics, Engineering, or similar subjects is desirable, but not strictly required.
• Experience of data analysis
• Knowledge of the main instruments used in Equities and Equity Derivatives
• Knowledge of instrument pricing, sensitivity calculations, P&L prediction, P&L explain, VaR, ES and other risk measures.
• Knowledge of distributed computing and serialization techniques
• Good knowledge of Excel
• Previously experience with CI/CD pipelines
• Ability to work in fast-paced environment with proven ability to handle multiple outputs at one time

Job ID QTUK1119