Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Join a dynamic team to develop and support quantitative models for FX trading.
- Company: Be part of a leading Global Investment bank in London, shaping the future of finance.
- Benefits: Enjoy a hybrid work model with opportunities for professional growth and collaboration.
- Why this job: Make an impact by integrating cutting-edge quant libraries into trading systems in a fast-paced environment.
- Qualifications: PhD or strong background in Mathematical Finance, coding skills in C++, and experience in front-office support.
- Other info: Critical role in building a strategic internal risk platform, aiming to replace legacy systems.
The predicted salary is between 43200 - 72000 £ per year.
An exciting opportunity to join a Global Investment bank in London as a key member of the FICC Quantitative team. This role will ideally suit a model-building quant with strong coding skills.
Key Responsibilities:
- Develop and support quantitative models and analytical tools used by the FX trading desk.
- Investigate and resolve ad hoc model issues, including unexpected behaviour or discrepancies in risk and pricing outputs.
- Diagnose whether issues arise from model assumptions, coding, market conditions, or data feeds.
- Act as a key point of contact for the integration of quant models into risk reporting and trade booking systems, replacing legacy platforms.
- Collaborate with quant developers who build core pricing libraries, providing critical support and interfacing solutions.
- Develop and maintain code and tools primarily in C++ (Java experience beneficial) for integration and reporting.
- Work closely with multiple stakeholders including traders, risk, product control, and IT.
- Contribute to the proof-of-concept and delivery phases of new risk systems replacing existing third-party tools.
Required Qualifications & Skills:
- Education in Mathematical Finance, Mathematics, Physics, Engineering, or a related quantitative discipline (PhD preferred).
- Strong knowledge of derivative pricing models, ideally across FX and exotics (experience with linear products also accepted).
- Proven experience working as a Quantitative Analyst supporting front-office trading desks, ideally in FX or rates.
- Solid coding skills in C++ with experience in production support and system integration.
- Experience integrating quant libraries into trading or risk platforms (e.g., via APIs or bespoke interfaces).
- Strong analytical skills with the ability to troubleshoot complex issues under live market conditions.
- Comfortable working in a high-pressure environment requiring reactive problem solving and stakeholder communication.
- Experience with Murex or similar risk platforms is a plus but not mandatory.
- Ability to work across multiple teams and senior stakeholders effectively.
Additional Information:
- The role is within FICC and part of a team building a strategic internal risk platform, aiming to replace Murex over the next 2-3 years.
- The successful candidate will be expected to join before September to align with team bonus cycles.
- This is a critical role requiring a balance of modelling expertise and front-office support experience.
- Due to the high demand of applications only those who meet the requirements for this role will be contacted at this time.
Contact Detail:
Barclay Simpson Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land FO Quant Dev / Hybrid Quant (FX Options)
✨Tip Number 1
Familiarise yourself with the specific mathematical pricing models used in FX options. Understanding these models will not only help you during interviews but also demonstrate your genuine interest and expertise in the field.
✨Tip Number 2
Brush up on your C++ coding skills, as this role heavily relies on it. Consider working on personal projects or contributing to open-source projects that involve quantitative finance to showcase your coding abilities.
✨Tip Number 3
Network with professionals in the FICC Quantitative space. Attend industry events or webinars where you can meet people who work in similar roles. This could lead to valuable insights and potential referrals.
✨Tip Number 4
Prepare for technical interviews by practising problem-solving under pressure. Simulate real-world scenarios where you might need to troubleshoot complex issues quickly, as this is a key aspect of the role.
We think you need these skills to ace FO Quant Dev / Hybrid Quant (FX Options)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in quantitative analysis, particularly in FX and derivatives. Emphasise your coding skills in C++ and any relevant production support experience.
Craft a Strong Cover Letter: In your cover letter, explain why you're interested in the role and how your background aligns with the responsibilities outlined in the job description. Mention specific projects or experiences that demonstrate your model-building and problem-solving skills.
Showcase Relevant Skills: Clearly outline your knowledge of derivative pricing models and any experience you have with trading systems like Murex. Highlight your ability to work under pressure and communicate effectively with stakeholders.
Proofread Your Application: Before submitting, carefully proofread your application for any errors or inconsistencies. A polished application reflects your attention to detail, which is crucial in a quantitative role.
How to prepare for a job interview at Barclay Simpson
✨Showcase Your Technical Skills
Be prepared to discuss your coding experience, particularly in C++. You might be asked to solve a coding problem or explain how you've implemented mathematical models in production code, so brush up on your technical knowledge and be ready to demonstrate your skills.
✨Understand the Role of Quantitative Models
Make sure you have a solid grasp of derivative pricing models, especially in FX and exotics. Be ready to discuss how these models work and their applications in trading, as well as any challenges you've faced in model development or support.
✨Prepare for Problem-Solving Scenarios
Expect questions that assess your analytical skills and ability to troubleshoot complex issues. Think of examples from your past experiences where you successfully diagnosed and resolved discrepancies in risk and pricing outputs under pressure.
✨Communicate Effectively with Stakeholders
Since this role involves collaboration with traders, risk managers, and IT, practice articulating your thoughts clearly. Be ready to discuss how you've worked with different teams in the past and how you can bridge the gap between quantitative analysis and practical application in trading environments.
