Quantitative Analyst: Derivatives & Risk Modeling

Legal & General; Greater London; On-site; GBP 60,000 - 90,000; Full time

Benefits offered by this job

Annual bonus plan

Share schemes

Generous pension

Life assurance

Healthcare plan

25 days holiday

Job summary

Legal & General in London is seeking a Quantitative Analyst to join L&G Asset Management. You’ll help build and maintain systems and models for pricing, portfolio construction, and management of derivative strategies designed to hedge risks and enhance returns for Solution mandates.

The role involves working with Portfolio Management to deliver robust analysis, modelling the risks of asset strategies in fixed income, and developing pricing and risk tools, including SQL, VBA, C#, Python.

Qualifications

• Master’s or PhD in quantitative discipline desirable.
• Knowledge of risk management instruments including gilts, credit, interest rate & inflation swaps, gilt repos, gilt total return swaps, swaptions, equity options, equity futures & TRS and FX forwards.
• Interest in pension schemes, insurance portfolios, and de-risking.
• High degree of proficiency with IT & programming skills; familiarity with LLM-supported coding desirable.
• Understanding of design, implementation, and on-going management of risk management strategies for clients.

Responsibilities

• Deliver robust and accessible analysis of Solutions Portfolio Management.
• Model the risks of asset strategies in fixed income and other asset classes.
• Lead development of pricing, risk, portfolio construction, and analytic tools for derivatives and derivative strategies.
• Represent Solutions Portfolio Management in IT systems projects and business process initiatives.
• Collaborate with collateral management and derivative pricing teams to implement efficient processes.

Skills

Quantitative analysis

Risk management

Programming

Derivatives pricing

Portfolio construction

Education

Master’s or PhD in quantitative discipline

Tools

SQL

VBA

C#

Python

Job description

Legal & General in London is seeking a Quantitative Analyst to join L&G Asset Management. You’ll help build and maintain systems and models for pricing, portfolio construction, and management of derivative strategies designed to hedge risks and enhance returns for Solution mandates.

The role involves working with Portfolio Management to deliver robust analysis, modelling the risks of asset strategies in fixed income, and developing pricing and risk tools, including SQL, VBA, C#, Python.