Senior Quantitative Strategist

Lloyds Banking Group; City of Westminster; On-site; GBP 65,000 - 85,000; Full time

Job summary

A leading financial institution in the UK is looking for a Rates e-Trading Strat to enhance electronic trading capabilities. This role is crucial for implementing new workflows and working with various teams to meet strategic goals. Candidates should have software development expertise and experience in creating system components, along with strong communication and analytical skills. This position offers opportunities for personal growth and a dynamic work environment.

Benefits

Generous pension contribution of up to 15%

Annual performance-related bonus

Share schemes including free shares

30 days' holiday, with bank holidays on top

Wellbeing initiatives and generous parental leave

Qualifications

• Specific experience of developing Beacon system components and services.
• Experience of Software Development Lifecycle processes and tools.
• Experience with programming languages including Java, C#, C++, and Python.

Responsibilities

• Leading and delivering outcomes for the Beacon project.
• Specification, design, and implementation of curves and pricing.
• Working with Engineering and Quantitative Research teams.

Skills

Software Development Lifecycle experience

Programming in Java, C#, C++, and Python

Excel / VBA familiarity

Organizational skills

Analytical skills

Education

Relevant degree or equivalent experience

Job description

Lloyds Bank Corporate Markets (LBCM) Financial Markets is the customer-facing Rates, FX and Commodities sales and trading business of Lloyds Banking Group. Our growing business needs to continue to expand our electronic trading and workflow capabilities by adding a Rates e-trading strat to the team. This role will be critical to our ability to succeed in meeting our strategic customer, market and business goals, with the role-holder driving improvements and simplification in the electronic trading platform, tools and processes, working closely day-to-day with the trading desks. You'll work as part of the Rates e-trading strats team and support the rates trading desk by designing and implementing new and improved workflows for how they interact with clients via electronic trading platforms and venues to improve our ability to serve customer needs. In addition to working alongside sales and trading colleagues, this role will involve work with colleagues across Financial Markets, as well as in the Quantitative Research team, Engineering, and control partners. The ability to build and maintain a broad network across partners will be key to success. Key role responsibilities will include:

Responsibilities

• Leading and delivering required outcomes for the Beacon project;
• Specification, design and implementation of curves, pricing, relative value metrics, and risk for the desk to market-make in interest rate swaps, inflation swaps and government bonds;
• Working with Engineering, Quantitative Research, and control partners and other colleagues to ensure implementation of Beacon solutions is consistent with relevant regulatory requirements and internal procedures;
• Maintaining relationships with internal partners;
• Maintaining required documentation and assisting with governance;

Qualifications

• Specific experience of developing Beacon system components and services;
• Experience of Software Development Lifecycle processes and tools;
• Experience with programming languages including some of Java, C#, C++, and Python;
• Familiarity with Excel / VBA;
• Strong organisational, written and verbal communication skills;
• Influencing and analytical skills that demonstrate passion, enthusiasm and a 'can do' outlook.

Our ambition is to be the leading UK business for diversity, equity and inclusion supporting our customers, colleagues and communities and we're committed to creating an environment in which everyone can thrive, learn and develop. If you think all banks are the same, you'd be wrong. We're an innovative, fast-changing business that's shaping finance as a force for good. A bank that's empowering its people to innovate, explore possibilities and grow with purpose. At Lloyds Banking Group, we're driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you'll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you'll have many opportunities to learn, grow and develop.

We keep your data safe. So, we'll only ever ask you to provide confidential or sensitive information once you have formally been invited along to an interview or accepted a verbal offer to join us which is when we run our background checks. We'll always explain what we need and why, with any request coming from a trusted Lloyds Banking Group person. We're focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we're building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.

We were one of the first major organisations to set goals on diversity in senior roles, create a menopause health package, and a dedicated Working with Cancer Initiative. We offer reasonable workplace adjustments for colleagues with disabilities, including flexibility in office attendance, location and working patterns. And, as a Disability Confident Leader, we guarantee interviews for a fair and proportionate number of applicants who meet the minimum criteria for the role with a disability, long-term health or neurodivergent condition through the Disability Confident Scheme. We provide reasonable adjustments throughout the recruitment process to reduce or remove barriers. Just let us know what you need.

Benefits

• A generous pension contribution of up to 15%
• An annual performance-related bonus
• Share schemes including free shares
• Benefits you can adapt to your lifestyle, such as discounted shopping
• 30 days' holiday, with bank holidays on top
• A range of wellbeing initiatives and generous parental leave policies

If you're excited by the thought of becoming part of our team, get in touch. We'd love to hear from you! This role is considered Certified under the Senior Manager and Certification Regime as either requiring mandatory qualifications or being deemed as a role capable of providing 'significant harm' to customers. Due to this, successful candidates will be subject to enhanced levels of vetting, and required to complete a fitness and propriety attestation on commencement in role. Colleagues performing this role will be required to be complete a fitness and propriety attestation on an annual basis and will also be subject to additional routine criminal and credit checks. As a certified colleague your details will be published on the FCA's Financial Services Register. This role has been identified as a Client-dealing function under SYSC 27.8.18R as defined in the FCA Handbook. The Person ("P") performs the client-dealing FCA certification function for a firm if:(1) P is carrying out any of the activities in the table in SYSC 27.8.19R; and(2) those activities will involve P dealing with:(a) a person with or for whom those activities are carried out; or(b) the property of any such person; in a manner substantially connected with the carrying on of regulated activities by the firm. If you manage certified colleagues this role will be identified as Manager of certification employees under SYSC 27.8.13R as defined in the FCA Handbook(1) The function of managing or supervising a certification employee, directly or indirectly, is an FCA-specified significant-harm function.(2) A function in (1) is not an FCA certification function for that firm if it is performed by an SMF manager of that firm.