At a Glance
- Tasks: Develop and implement quantitative models for core equities derivatives while engaging with front office teams.
- Company: Join emagine, a leading consultancy in financial services, known for integrity and strong partnerships.
- Benefits: Enjoy a hybrid work model and be part of transformative projects in a dynamic environment.
- Why this job: This role offers the chance to impact trading decisions and work on innovative pricing models.
- Qualifications: 3-6 years of quantitative modeling experience and proficiency in C++ or C# required.
- Other info: Ideal for those who thrive in fast-paced trading environments and seek long-term strategic contributions.
The predicted salary is between 80000 - 90000 £ per year.
Rate - £800 - £900 inside IR35
Location - London (hybrid model)
emagine is a high-end professional services consultancy and solutions firm specialising in providing business and technology services to the financial services sector. We power progress, solve challenges and deliver real results through tailored high-end consulting services and solutions.
We have created a culture of openness and integrity by building genuine and strong relationships and partnerships, enabling us to be uncompromising in our dedication to delivering the optimal service for our clients. Our commitment is not just towards our clients but we aim to foster a positive and equitable working environment with our consultants and colleagues which stems from our core values: Confident, Dedicated, Responsible, Genuine.
A key requirement is front office experience, ideally from candidates who have worked directly with traders and grasp the pace and expectations of that environment. This role will prioritise front office engagement over specific asset class experience, with a current focus on equities.
From a technical viewpoint, proficiency in C++ or C# is essential, although candidates are not expected to be programmers, as these are the primary languages used in production. Familiarity with Rust is a bonus, as the team is currently exploring its use without it being implemented in core systems just yet.
Candidates should have 3-6 years of experience. The work aligns with two major programs: Sophis (next 10 years) and FRTB (wrapping up). The majority of the efforts will be directed towards transformational build work, focusing on designing and deploying business-critical pricing models that have a direct impact on trading decisions and P&L.
Main Responsibilities:
- Develop and implement quantitative models for core equities derivatives.
- Engage directly with front office teams to ensure model alignment with trading strategies.
- Contribute to transformational build projects focused on pricing models.
- Participate in ongoing developments aligned with the Sophis and FRTB programs.
- Utilise quantitative insights to drive business-critical decisions in trading.
Key Requirements:
- 3-6 years of quantitative modeling experience.
- Proficiency in C++ or C#.
- Strong understanding of front office trading environments.
- Experience in developing models from the ground up.
- Direct experience collaborating with traders.
Nice to Have:
- Familiarity with Rust programming.
- Previous experience with trading or risk management systems.
This position will be aligned with significant transformation initiatives and business-critical projects. The role is intended for individuals who can thrive in a dynamic trading environment and contribute to long-term strategic goals, focusing particularly on core equities derivatives.
Contact Detail:
Emagine Consulting Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Quant Analyst
✨Tip Number 1
Make sure to network with professionals in the financial services sector, especially those who work in front office roles. Attend industry events or webinars where you can meet traders and quant analysts, as personal connections can often lead to job opportunities.
✨Tip Number 2
Familiarise yourself with the latest trends and technologies in quantitative analysis and trading. Being knowledgeable about tools like Sophis and FRTB will not only help you in interviews but also demonstrate your commitment to staying current in the field.
✨Tip Number 3
Prepare to discuss your previous experiences in developing quantitative models and how they align with trading strategies. Be ready to provide specific examples of how your work has impacted trading decisions and P&L, as this will showcase your practical understanding of the role.
✨Tip Number 4
If you have experience with C++ or C#, consider brushing up on your skills through online courses or projects. Even if you're not expected to be a programmer, demonstrating proficiency in these languages can set you apart from other candidates.
We think you need these skills to ace Quant Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your quantitative modeling experience and proficiency in C++ or C#. Emphasise any direct experience you have with front office trading environments and collaboration with traders.
Craft a Strong Cover Letter: In your cover letter, express your understanding of the role's requirements and how your background aligns with them. Mention your experience with transformational build projects and your ability to contribute to pricing models.
Showcase Relevant Experience: When detailing your work history, focus on specific projects where you developed quantitative models or engaged with front office teams. Use metrics to demonstrate the impact of your contributions on trading decisions and P&L.
Highlight Continuous Learning: If you have familiarity with Rust or any other relevant technologies, be sure to mention this. Show that you are proactive about learning and adapting to new tools that can benefit the team and the projects.
How to prepare for a job interview at Emagine Consulting
✨Understand the Front Office Environment
Make sure you have a solid grasp of how front office teams operate, especially in trading. Be prepared to discuss your previous experiences working directly with traders and how you aligned your quantitative models with their strategies.
✨Showcase Your Technical Skills
Highlight your proficiency in C++ or C#, as these are essential for the role. Even if you're not a programmer, be ready to explain how you've used these languages in your previous work and any relevant projects you've contributed to.
✨Demonstrate Quantitative Modelling Experience
Prepare to discuss specific examples of quantitative models you've developed, particularly in equities derivatives. Be ready to explain your thought process and how your models have impacted trading decisions and P&L.
✨Familiarity with Transformation Initiatives
Since this role involves significant transformation initiatives, it’s beneficial to understand the Sophis and FRTB programs. Research these initiatives and be prepared to discuss how your skills can contribute to their success.