Quantitative Analyst - Director (Equity Derivatives)

Huxley Associates; City Of London; On-site; GBP 100,000 - 150,000; Full time

Job summary

A financial services firm is seeking a Director - Quantitative Analyst to develop and maintain pricing models for equity derivatives. The role involves leading modeling efforts and compliance with regulations while partnering with traders. Candidates should have an advanced degree in a quantitative discipline and extensive experience in equity derivatives pricing, alongside strong programming skills in Python or C++. Excellent leadership and communication abilities are essential for success in this high-impact position.

Qualifications

• Advanced degree in a quantitative field is required.
• Extensive experience in equity derivatives pricing essential.
• Strong knowledge of exotic equity derivatives preferred.
• Expertise in model calibration and stochastic modeling required.
• Proficiency in programming languages like Python or C++ necessary.

Responsibilities

• Lead design and development of pricing models for equity derivatives.
• Implement calibration frameworks for volatility and correlation models.
• Collaborate with traders to ensure accurate risk analytics.
• Ensure models comply with regulatory standards.
• Drive innovation in modeling techniques for production systems.

Skills

Equity derivatives pricing

Model calibration

Stochastic modeling

Numerical methods

Leadership

Communication

Programming in Python

Programming in C++

Education

Master's or PhD in Mathematics, Physics, Engineering, or Quantitative Finance

Job description

Director - Quantitative Analyst (Equity Derivatives)

Location: London
Division: Front Office - Investment Banking

About the Role: We are looking for an experienced Quantitative Analyst (Director level) to join a Investment Banking client within their Front Office - Equity Derivatives team. This is a high-impact role focused on developing and maintaining advanced pricing models for complex equity derivative products.

Key Responsibilities:

• Lead the design, development, and enhancement of pricing models for equity derivatives, including exotic structures.
• Implement robust calibration frameworks for volatility surfaces and correlation models.
• Partner with traders and structurers to deliver accurate pricing and risk analytics for products such as autocallables, cliquets, and other structured payoffs.
• Ensure model compliance with regulatory standards and internal governance.
• Drive innovation in modeling techniques and integration into production systems.

Required Skills & Experience:

• Advanced degree (Master's or PhD) in Mathematics, Physics, Engineering, or Quantitative Finance.
• Extensive experience in equity derivatives pricing, ideally within an investment banking front-office environment.
• Strong knowledge of exotic equity derivatives and structured products.
• Expertise in model calibration, stochastic modeling, and numerical methods.
• Proficiency in programming languages such as Python, C++, or similar.
• Excellent communication and leadership skills.

Preferred:

• Experience with Monte Carlo simulations, PDE solvers, and optimisation techniques.
• Familiarity with regulatory frameworks (e.g., FRTB, XVA).

Apply now to avoid disappointment.

To find out more about Huxley, please visit (url removed)

Huxley, a trading division of SThree Partnership LLP is acting as an Employment Business in relation to this vacancy Registered office 8 Bishopsgate, London, EC2N 4BQ, United Kingdom Partnership Number OC(phone number removed) England and Wales