At a Glance
- Tasks: Develop pricing models and algorithms for derivatives in a dynamic trading environment.
- Company: Join a leading global securities firm at the forefront of finance and technology.
- Benefits: Enjoy competitive pay, collaborative culture, and opportunities for professional growth.
- Why this job: Be part of a cutting-edge team that shapes trading strategies and market solutions.
- Qualifications: 2-5 years in quantitative development; strong maths background; Java programming skills required.
- Other info: Ideal for those passionate about finance and technology, with a focus on FX or fixed income.
The predicted salary is between 43200 - 72000 £ per year.
I'm currently working on behalf of a leading global securities firm, who is seeking a talented Quant Developer to join their London-based front office quantitative team. This is an excellent opportunity to work at the intersection of trading and technology, designing and implementing high-performance models that underpin core pricing and risk functions.
Role Overview: You will play a critical role in developing models and algorithms for the pricing of derivative instruments, with a focus on FX or fixed income products. Your work will directly support trading, structuring, and risk management efforts across global markets.
Key Responsibilities:
- Develop and implement pricing models for derivatives.
- Collaborate with traders, quants, and technologists to improve pricing accuracy and performance.
- Design and test numerical algorithms and pricing engines.
- Build analytical tools and contribute to the development of internal quant libraries.
- Maintain and improve existing models in response to market conditions and regulatory changes.
Required Skills & Experience:
- 2–5 years' experience in quantitative development or pricing within a financial institution.
- Strong background in mathematics, statistics, or physics, ideally with a postgraduate degree (PhD/MSc).
- Solid programming skills in Java.
- Experience with FX or fixed income products and yield curve construction is highly preferred.
- Familiarity with Monte Carlo methods, stochastic calculus, or PDEs is a plus.
If there is any interest in this opportunity, apply, and a consultant will reach out to you shortly.
Quantitative Developer employer: H&P Executive Search
Contact Detail:
H&P Executive Search Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Quantitative Developer
✨Tip Number 1
Familiarise yourself with the latest trends in derivatives pricing and quantitative finance. This will not only help you during interviews but also demonstrate your genuine interest in the field.
✨Tip Number 2
Network with professionals in the industry, especially those working in quantitative roles. Attend relevant meetups or webinars to make connections that could lead to referrals.
✨Tip Number 3
Brush up on your programming skills, particularly in Java, as this is a key requirement for the role. Consider working on personal projects or contributing to open-source projects to showcase your abilities.
✨Tip Number 4
Prepare to discuss specific quantitative methods you've used in past roles, such as Monte Carlo simulations or stochastic calculus. Being able to articulate your experience clearly will set you apart from other candidates.
We think you need these skills to ace Quantitative Developer
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in quantitative development, particularly in derivatives pricing. Emphasise your programming skills in Java and any specific projects related to FX or fixed income products.
Craft a Strong Cover Letter: Write a cover letter that showcases your passion for quantitative finance and technology. Mention specific experiences that demonstrate your ability to develop pricing models and collaborate with traders and quants.
Highlight Relevant Skills: In your application, clearly outline your mathematical and statistical background. If you have experience with Monte Carlo methods or stochastic calculus, make sure to include this as it aligns well with the job requirements.
Showcase Problem-Solving Abilities: Provide examples of how you've tackled complex problems in previous roles. This could include developing algorithms or improving existing models, which is crucial for the role at the securities firm.
How to prepare for a job interview at H&P Executive Search
✨Brush Up on Your Technical Skills
Make sure you're well-versed in the programming languages and mathematical concepts relevant to the role. Given the focus on Java and quantitative methods, be prepared to discuss your experience with these in detail.
✨Understand the Financial Products
Familiarise yourself with FX and fixed income products, as well as derivatives pricing. Being able to discuss these topics intelligently will show your potential employer that you have a solid grasp of the industry.
✨Prepare for Problem-Solving Questions
Expect to face technical questions that assess your problem-solving abilities. Practice explaining your thought process clearly, especially when discussing algorithms or numerical methods you've implemented in the past.
✨Showcase Your Collaborative Spirit
Since the role involves working closely with traders and other quants, be ready to share examples of how you've successfully collaborated in previous roles. Highlighting your teamwork skills can set you apart from other candidates.