VP Quant Modeler C++ (Structured Rates)

Barclay Simpson; London; Hybrid; GBP 60,000 - 100,000; Full time

Job description

An exciting hybrid quant role within Structured Rates at a leading investment bank. This position offers the opportunity to work directly with traders, quants, and risk teams, contributing to model assessment, optimization, and performance testing for exotic interest rate derivatives.

You will work in a dynamic team of 13, where your contributions will directly impact trading decisions and strategies. For those looking to further develop their front-office career, this role provides a great opportunity for growth and increased exposure to trading activities.

What You’ll Do:

1. Evaluate and refine model documentation to ensure quality and regulatory compliance.
2. Collaborate with traders and quants to assess and understand the implications of model choices for structured rates products.
3. Run and analyze performance tests on C++ production libraries, leveraging Python notebooks or scripts.
4. Design, implement, and run new performance tests to optimize models for live trading environments.
5. Debug and enhance C++ production code to improve model efficiency and accuracy.
6. Propose, design, and implement alternative model components using Python (and ideally C++).
7. Develop automated tools in Python to streamline model testing, reporting, and documentation.
8. Interact with cross-functional teams (traders, risk managers, validators, audit, product control, market risk) to ensure robust model lifecycle management.
9. Write high-quality technical documentation in LaTeX for internal and external stakeholders.

What We’re Looking For:

1. 4+ years of experience in quantitative modeling, focusing on structured rates or exotic derivatives.
2. Strong academic background in financial mathematics, physics, or a related quantitative discipline.
3. Deep knowledge of exotic pricing models (vanilla models are a plus).
4. Proficiency in Python and C++, with hands-on experience in debugging and optimizing production code.
5. Experience with model governance, validation, and regulatory compliance in the context of trading models.
6. Excellent communication skills to collaborate with traders, quants, validators, and risk teams.

If you’re looking for the opportunity to work on complex and high-impact quantitative challenges in structured rates in a role that offers competitive compensation, performance-based bonuses, and career growth in a world-class investment bank – then please get in touch.

We seek individuals from a diverse talent pool and encourage applicants from underrepresented groups to apply to our vacancies. Our commitment to fair recruitment processes means that we welcome applicants from all backgrounds, regardless of their lived experience or personal characteristics. We also invite applicants who meet most of the listed requirements, even if not all, to apply. If you require any adjustments to the application process, please let us know.