Quant Analyst

LSEG; Boston (MA); On-site; USD 78,000 - 130,000; Full time

Job summary

London Stock Exchange Group (LSEG) seeks an Associate in the Quantitative Services team, Boston, to develop Open-Source Risk Engine (ORE) and support risk analytics across client portfolios. You will work with quants to price portfolios and perform stress tests, translating portfolios into ORE XML and collaborating with collateral and risk teams.

The role targets graduate students in quantitative fields who will complete their degree by summer 2027 and have strong Python or C++ skills, plus a

Qualifications

• Penultimate year of graduate study, degree to be completed by summer 2027.
• Strong understanding of Python or C++.
• Familiarity with Git and LaTeX is ideal but not essential.
• Knowledge of stochastic models/SDEs (e.g., OU, Hull-White, Black-Scholes).
• Ability to collaborate and communicate effectively.
• Interest in data analysis and pricing techniques.

Responsibilities

• Contributing to the development of Open-Source Risk Engine (ORE).
• Supporting the infrastructure for the IM Risk Generation (IMRG) service.
• Pricing client portfolios and performing stress-testing and backtesting using ORE.
• Utilizing ORE to calculate risk (VaR, SIMM, etc.) on client portfolios.
• Translating client portfolios into the ORE XML format.
• Collaborating with collateral management and risk teams to build financial applications.

Skills

Python

C++

Quantitative Finance

Stochastic models

Education

Predicted MS/PhD in Math/Physics/Financial Engineering

Tools

Git

LaTeX

Job description

This position is within the Quantitative Services team of the Post Trade Solutions division at LSEG based in Boston.

The Quantitative Services team is responsible for the development of ORE, its dependent services, and implementation of ORE in major financial institutions to deliver transparent, state-of-the-art risk management.

To be eligible, you must be in your penultimate year of graduate study and due to complete your degree on or before summer 2027. You should have a predicted PhD or master’s degree in Math, Physics, Financial Engineering or other quantitative fields.

The successful candidate will work as part of a team of Quants to develop solutions for our risk analytics services.

Role Summary :

• Contributing to the development of Open-Source Risk Engine (ORE).

• Supporting the infrastructure for the IM Risk Generation (IMRG) service.

• Pricing client portfolios and performing stress-testing and backtesting using ORE

• Utilizing ORE to calculate risk (VaR, SIMM, etc.) on client portfolios

• Translating client portfolios into the ORE XML format.

• Collaborating with collateral management and risk teams to build financial applications

What we are looking for:

We are passionate about recruiting people who are interested in pursuing a career within Financial Engineering and would like to learn about the full breadth of our business – and are interested in playing a part of our development, as it grows and diversifies.

• Interest in Quantitative Finance, demonstrated through studies, projects or independent work

• A good understanding of at least Python or C++

• Familiarity with Git, LaTex, is ideal but not essential

• Having functional knowledge on stochastic models/SDEs, e.g. Ornstein-Uhlenbeck/Hull-White model, Black-Scholes model, etc.

• Someone who can collaborate with others, using their communication skills in the process.

• A curiosity for data and an ability to analyse information to draw conclusions and propose solutions.

• Knowledge of financial derivatives and pricing techniques, e.g. finite difference, Monte Carlo Simulation, etc.

Career Stage:

Associate

Compensation/Benefits Information:

LSEG is committed to offering competitive Compensation and Benefits. The anticipated base salary for this position is $78,200 - $130,400.

Please be aware base salary ranges may vary by geographic location, city and state. In addition to our offered base salary, this role is eligible for our Annual Incentive Plan (AIP/”bonus plan”). Target AIP rates will be commensurate with role level and posted career stage. Individual salary will be reflective of job related knowledge, skills and equivalent experience. LSEG roles (excluding internships and part-time roles of less than 20 hours per week) are typically eligible for inclusion in our LSEG Benefits program, which includes offerings of: Annual Wellness Allowance, Paid time-off, Medical, Dental, Vision, Flex Spending & Health Savings Options, Prescription Drug plan, 401(K) Savings Plan and Company match. LSEG’s Benefits plan also includes basic life insurance, disability benefits, emergency backup dependent care, adoption assistance commuter assistance etc.

London Stock Exchange Group (LSEG) Information:

Join us and be part of a team that values innovation, quality, and continuous improvement. If you’re ready to take your career to the next level and make a significant impact, we’d love to hear from you.

LSEG is a leading global financial markets infrastructure and data provider. Our purpose is driving financial stability, empowering economies and enabling customers to create sustainable growth.

Our purpose is the foundation on which our culture is built. Our values of Integrity, Partnership , Excellence and Change underpin our purpose and set the standard for everything we do, every day. They go to the heart of who we are and guide our decision making and everyday actions.

Working with us means that you will be part of a dynamic organisation of 25,000 people across 65 countries. However, we will value your individuality and enable you to bring your true self to work so you can help enrich our diverse workforce.

We are proud to be an equal opportunities employer. This means that we do not discriminate on the basis of anyone’s race, religion, colour, national origin, gender, sexual orientation, gender identity, gender expression, age, marital status, veteran status, pregnancy or disability, or any other basis protected under applicable law. Conforming with applicable law, we can reasonably accommodate applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs.

You will be part of a collaborative and creative culture where we encourage new ideas. We are committed to sustainability across our global business and we are proud to partner with our customers to help them meet their sustainability objectives. Our charity, the LSEG Foundation provides charitable grants to community groups that help people access economic opportunities and build a secure future with financial independence. Colleagues can get involved through fundraising and volunteering.

LSEG offers a range of tailored benefits and support, including healthcare, retirement planning, paid volunteering days and wellbeing initiatives.

Please take a moment to read this privacy notice carefully, as it describes what personal information London Stock Exchange Group (LSEG) (we) may hold about you, what it’s used for, and how it’s obtained, your rights and how to contact us as a data subject.

If you are submitting as a Recruitment Agency Partner, it is essential and your responsibility to ensure that candidates applying to LSEG are aware of this privacy notice.