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- Tasks: Develop and enhance complex equity pricing models while influencing model standards.
- Company: Join a leading Tier 1 Investment Bank in London with a global reach.
- Benefits: Competitive salary of £180k-£200k plus bonus and potential visa sponsorship.
- Other info: Opportunity for mentorship and strategic influence across the equities business.
- Why this job: Become a platform-level modelling authority and shape the future of equity derivatives.
- Qualifications: PhD or Master’s in Financial Mathematics, with strong experience in equity derivatives modelling.
The predicted salary is between 180000 - 200000 £ per year.
A leading Tier 1 Investment Bank is seeking a Director-level Equities Exotics Modelling Quant to join its Equity & Hybrids team in London. Salary range £180k-£200k base plus bonus. 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 is embedded within the equities quant function globally, providing expert model challenge and shaping submissions ahead of independent validation.
This will suit a senior quant modelling specialist who has actually built and calibrated complex equity exotics models and can intellectually challenge pricing frameworks because they understand them deeply. A real unique opportunity to become a platform-level modelling authority offering broader influence across the equities business. 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
- 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.
For a confidential discussion, please get in touch. Note- visa sponsorship may be arranged for the right candidate.
Equity Exotics Quant Modeller | 1st Line Challenge in London employer: Barclay Simpson
Contact Detail:
Barclay Simpson Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Equity Exotics Quant Modeller | 1st Line Challenge in London
✨Network Like a Pro
Get out there and connect with people in the industry! Attend finance meetups, webinars, or even casual coffee chats. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨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 in the past. Let them see your passion and expertise shine through.
✨Tailor Your Approach
Every conversation is an opportunity! Make sure to tailor your discussions to highlight how your skills align with their needs. If they’re looking for someone to influence model standards, talk about your experience in shaping frameworks and governance practices.
✨Apply Through Our Website
Don’t forget to check out our website for the latest job openings! Applying directly through us not only shows your interest but also gives you a better chance of being noticed by the hiring team. Let’s land that dream job together!
We think you need these skills to ace Equity Exotics Quant Modeller | 1st Line Challenge 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 your hands-on experience and how you've tackled complex pricing frameworks. Don’t just list your skills; show us how you’ve applied them!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. We love seeing candidates who can articulate their passion for quantitative modelling and how they can influence model standards.
Showcase Your Technical Skills: Since this role is highly technical, make sure to highlight your proficiency in Python and any experience with C++. We want to know about the models you've built and how you've tested them, so don’t hold back on the details!
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’re considered for this exciting opportunity. Let’s get your journey started!
How to prepare for a job interview at Barclay Simpson
✨Know Your Models Inside Out
Make sure you have a deep understanding of the complex equity pricing models mentioned in the job description. Be prepared to discuss your experience with Local Vol, Stochastic Local Volatility, and other exotic derivatives. This will show that you’re not just familiar with the concepts but can also challenge and enhance them.
✨Showcase Your Technical Skills
Since this role requires strong Python skills, brush up on your coding abilities before the interview. Be ready to discuss specific projects where you've built or calibrated models, and if possible, bring examples of your work. This will demonstrate your hands-on experience and technical authority.
✨Communicate Clearly with Stakeholders
Practice articulating complex ideas in a way that’s easy for non-technical stakeholders to understand. You’ll need to influence senior stakeholders, so being able to convey your findings clearly is crucial. Consider preparing a few key points or examples that highlight your communication skills.
✨Prepare for Model Governance Discussions
Understand the importance of model governance and testing frameworks in the context of the role. Be ready to discuss how you’ve contributed to model standards and controls in previous positions. This will show that you’re not just a modeller but also someone who can shape broader strategic initiatives.