Senior Quantitative Engineer - Fixed Income - Artificial Intelligence

Bloomberg LP; City Of London; On-site; GBP 70,000 - 100,000; Full time

Job summary

A global financial technology firm is seeking a professional to design and implement advanced Machine Learning models for pricing fixed income assets. This role involves collaboration with cross-functional teams to develop production systems, and requires a Ph.D. or M.Sc. in a relevant field. The ideal candidate thrives in solving complex problems and is proficient in software engineering and statistical modeling. The firm emphasizes data-driven solutions and innovation in financial modeling.

Qualifications

• Relevant work experience with Machine Learning or Statistical Modeling in finance.
• Experience designing and maintaining models in production.
• Proficiency in Computer Science fundamentals.

Responsibilities

• Design and build statistical and Machine Learning models for fixed income assets.
• Collaborate on production systems development and maintenance.
• Integrate academic and industry research into modeling approaches.

Skills

Machine Learning

Statistical Modeling

Software Engineering

Collaboration

Education

Ph.D. or M.Sc. in relevant field

Job description

Overview

Bloomberg's Engineering AI department has 350+ AI practitioners building highly sought after products and features that shape global markets. In our fast-paced Fixed Income domain, you'll design and implement advanced models that leverage modern ML and statistical techniques on top of novel technology stacks and vast data sources to accurately price millions of securities. We are heavily invested in data-driven solutions that combine statistical and machine learning solutions to price diverse asset classes, with a strong focus on Fixed Income. Building on the success of modern ML-based pricing solutions such as IBVAL, we are expanding our group to tackle more ambitious challenges in Fixed Income modeling. In this role, you will contribute novel modeling ideas and bring them to life by writing clean, modular, production-quality code for cloud-native environments, ensuring your work makes a tangible impact.

Youll have the opportunity

• Design, build and evaluate statistical and Machine Learning models that directly influence how global markets price fixed income assets
• Collaborate with cross-functional teams to develop, test, monitor and maintain robust production systems.
• Design new architectures, systems and tools to power next-generation pricing capabilities of Bloomberg.
• Integrate cutting-edge academic and industry research into models and methodologies, staying ahead of emerging developments to drive continuous innovation.
• Represent Bloomberg at scientific and industry conferences, and publish research findings through documentation, whitepapers, or in leading academic journals and conferences.

Youll need to have

• Previous relevant work experience with Machine Learning or Statistical Modeling techniques in the financial industry, ideally around asset valuation. A track record designing, building, evaluating, and maintaining statistical or Machine Learning solutions in production is a plus.
• Ph.D. or M.Sc. with equivalent research experience in Machine Learning, Computer Science, Mathematics, Statistics or a related field.
• Thriving in solving challenging, often ill-defined problems where off-the-shelf solutions fall short, and bring a creative, rigorous approach to developing novel methods and technologies.
• Proficiency in software engineering with an understanding of Computer Science fundamentals such as data structures and algorithms.
• Excellent communication skills and the ability to collaborate with engineering peers as well as non-engineering stakeholders.
• A track record of authoring publications in top conferences and journals is a strong plus.

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