At a Glance
- Tasks: Lead the development of complex equity pricing models and influence strategic decisions.
- Company: Join a leading Tier 1 Investment Bank with a global presence.
- Benefits: Competitive salary, professional growth, and recognition as a modelling authority.
- Other info: Opportunity for mentorship and collaboration with top industry professionals.
- Why this job: Make a real impact in the world of finance with your quantitative expertise.
- Qualifications: PhD or Master's in Financial Mathematics, strong Python skills, and equity derivatives experience.
The predicted salary is between 100000 - 150000 £ per year.
A leading Tier 1 Investment Bank is seeking a Director-level Equities Exotics Modelling Quant for the London team. This is a highly technical and hands-on role focused on complex and exotic equity pricing models (Local Vol, Stochastic Local Volatility, Local Correlation, Cliquets and cross-asset hybrids). The position sits in the 1st line, embedded within the equities quant function globally, providing expert model challenge and shaping submissions ahead of independent validation.
This will suit a senior modelling specialist who has actually built and calibrated complex equity exotics models and can intellectually challenge pricing frameworks because they understand them deeply. Somebody who'd be looking for true recognition by becoming a platform-level modelling authority offering broader influence across the equities business.
The successful candidate will:
- Perform deep model reviews and challenge assumptions/limitations
- Develop alternative benchmarks and testing frameworks (Python essential)
- Write high-quality technical documentation
- Advise senior stakeholders on modelling decisions
- Drive automation and tooling improvements
This role requires a true modelling specialist — not just governance oversight. Strong recent experience in Equity exotics is essential.
Full details of the Role:
You will work closely with Front Office quant teams developing and enhancing pricing and risk models across Equity and Hybrid products, particularly exotic derivatives. Acting as a senior technical authority, you will review and challenge model assumptions, guide enhancements, and help shape the overall modelling framework.
This role goes beyond pure model review — you will influence model standards, testing frameworks and governance practices across the function.
Key Responsibilities:
- Perform detailed technical reviews of complex equity and hybrid derivatives models
- Assess model assumptions, limitations and associated risk impacts
- Develop alternative models or benchmarking approaches where appropriate
- Specify, build and run analytical tests (primarily in Python; C++ exposure beneficial)
- Analyse results and clearly articulate findings to senior stakeholders
- Produce high-quality documentation aligned to internal governance standards
- Strengthen model testing coverage and promote automation where possible
- Partner with traders, strategists, developers and validation teams across the model lifecycle
- Contribute to broader strategic initiatives relating to model standards and controls
- Provide mentorship and technical guidance to less experienced quants
Candidate Profile:
- PhD or Master’s degree in Financial Mathematics, Mathematics or Physics
- Significant experience developing and/or implementing Equity Derivatives models (hybrids advantageous)
- Strong knowledge of exotic derivatives modelling (equity preferred; other asset classes considered)
- Advanced Python skills; C++ beneficial
- Experience interacting with validation and control functions
- Exceptional attention to detail and high professional standards
- Strong communication skills with the ability to influence senior stakeholders
This is an opportunity to operate at Director level within a leading global investment bank, combining deep quantitative expertise with strategic influence across Front Office model development and governance.
Director - Equity Exotics Quant in London employer: Barclay Simpson
As a leading Tier 1 Investment Bank located in the heart of London, we pride ourselves on fostering a dynamic and inclusive work culture that encourages innovation and professional growth. Our employees benefit from unparalleled opportunities to influence model standards and governance practices while working alongside top-tier talent in the industry. With a commitment to excellence and a focus on employee development, we offer a rewarding environment where your expertise in equity exotics modelling will be truly recognised and valued.
StudySmarter Expert Advice🤫
We think this is how you could land Director - Equity Exotics Quant in London
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, webinars, or even casual meet-ups. The more you engage with others, the better your chances of landing that dream role.
✨Show Off Your Skills
When you get the chance to chat with potential employers, don’t hold back! Share your experiences with complex equity exotics models and how you've tackled challenges. Let them see your expertise in action!
✨Prepare for Technical Interviews
Brush up on your Python skills and be ready to discuss your modelling techniques. Practice explaining your thought process clearly, as this will help you impress those senior stakeholders during interviews.
✨Apply Through Our Website
Don’t forget to check out our website for job openings! Applying directly through us can give you an edge, as we’re always on the lookout for top talent to join our team.
We think you need these skills to ace Director - Equity Exotics Quant in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to highlight your experience with equity exotics models. We want to see how you've built and calibrated these models, so don’t hold back on the details!
Showcase Your Technical Skills:Since Python is essential for this role, make sure to showcase your coding skills. Include specific projects or examples where you’ve used Python to develop or test models. We love seeing practical applications!
Craft a Compelling Cover Letter:Your cover letter should reflect your passion for modelling and your understanding of complex pricing frameworks. Use it to explain why you’re the perfect fit for this Director role and how you can influence model standards.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss any important updates from us!
How to prepare for a job interview at Barclay Simpson
✨Know Your Models Inside Out
Make sure you can discuss the intricacies of equity exotics models in detail. Be prepared to explain your thought process behind model assumptions and limitations, as well as how you've challenged existing frameworks in the past.
✨Showcase Your Technical Skills
Since Python is essential for this role, brush up on your coding skills and be ready to demonstrate your ability to develop and run analytical tests. You might even want to prepare a small coding exercise to showcase your proficiency during the interview.
✨Prepare for Stakeholder Engagement
This position involves advising senior stakeholders, so practice articulating complex technical concepts in a clear and concise manner. Think about examples where you've successfully influenced decision-making or provided mentorship to less experienced colleagues.
✨Documentation is Key
High-quality technical documentation is crucial in this role. Be ready to discuss your experience in producing documentation that aligns with governance standards. Consider bringing samples of your work to illustrate your attention to detail and professional standards.
