At a Glance
- Tasks: Build and enhance pricing models for exotic derivatives in a dynamic investment bank.
- Company: Leading global investment bank with a focus on innovation and collaboration.
- Benefits: Competitive daily rate, flexible contract duration, and opportunity to work on impactful projects.
- Other info: Immediate start available; excellent opportunity for career advancement.
- Why this job: Join a high-impact team and drive model delivery in a fast-paced environment.
- Qualifications: 10+ years in quantitative modelling with expertise in exotic rates pricers.
- Director – Rates Quant Modeller
- Contract | Inside IR35 | £1,500/day | 6–12 Months
- I'm working with a leading global investment bank looking to hire an experienced
Director-level Structured Rates Quant Modeller to join their Front Office Quantitative Analytics team.
This is a hands-on modelling role for someone with deep experience building pricing models for Structured Rates (Exotics) derivatives . The team is specifically looking for someone with experience building or making significant contributions to exotic pricers , rather than someone whose experience is focused solely on vanilla rates or quantitative development.
The Role
- Building, enhancing and testing pricing models for Structured Rates (Exotics) derivatives
- Working with production C++ pricing libraries using Python
- Assessing model assumptions and documentation
- Debugging production code and implementing model enhancements
- Working closely with Trading, Quant Research, Model Validation and Technology throughout the model governance lifecycle
Requirements
- 10+ years' experience in quantitative modelling.
Experience modelling exotic rates pricers is essential
- (experience with vanilla pricers would be advantageous)
- Strong understanding of derivative pricing and risk-neutral modelling.
- Python skills required; C++ experience highly desirable.
- Previous Front Office or Model Validation experience.
- Degree in Mathematics, Financial Mathematics or Physics (or similar quantitative discipline)
This isn't simply a backfill.
The team has a significant delivery pipeline and is looking for someone who can hit the ground running, help relieve a bottleneck in model delivery and play a key role in driving models through testing, documentation and governance.
This role would suit someone available immediately, between contracts or on a short notice period.
If you'd like to hear more, please get in touch with your updated CV and current availability.
If it's not for you, I'd really appreciate you sharing it with your network. I also offer a generous referral fee for successful introductions.
Director – Structured Rates Quant Modeller (Contract) ~ £1500/day in Slough employer: Barclay Simpson
Barclay Simpson is an excellent employer, offering a dynamic work environment in the heart of London where compliance professionals can thrive. With a strong focus on employee growth and development, the company provides ample opportunities for career advancement while promoting a collaborative culture that values innovation and teamwork. The hybrid working model allows for a balanced work-life integration, making it an attractive choice for those seeking meaningful and rewarding employment in the financial sector.
StudySmarter Expert Advice🤫
We think this is how you could land Director – Structured Rates Quant Modeller (Contract) ~ £1500/day in Slough
✨Join Financial Networking Events
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We think you need these skills to ace Director – Structured Rates Quant Modeller (Contract) ~ £1500/day in Slough
Some tips for your application 🫡
Show Off Your Academic Achievements:In banking and financial services, your academic record can really make you stand out. List relevant grades, certifications, or coursework on your CV, especially if you've taken finance-related modules. This is particularly important for a temporary role where qualifications can help you shine even brighter!
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Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at Barclay Simpson. Let them know how you can quickly adapt to the team's needs and how eager you are to learn the ropes of the banking sector during this short stint. Your motivation and enthusiasm could really set you apart!
Be Prepared with References:For temporary roles, references can play a crucial role in your application. Make sure you’ve got a couple of references lined up who can vouch for your skills and work ethic. This helps to give Barclay Simpson confidence in your short-term commitment to the role.
How to prepare for a job interview at Barclay Simpson
✨Brush Up on Financial Regulations
Since this is a role in banking and financial services, be ready to discuss key regulations like MiFID, Basel III, or GDPR. These are hot topics, and your awareness of how they impact daily operations can give you a significant edge during your interview with Barclay Simpson.
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For a temporary role, showing that you can quickly pick up new processes and tools is crucial. Be ready to discuss previous experiences where you had to adapt to changing requirements or tight deadlines, as this will reassure Barclay Simpson that you’re a reliable team player.
✨Demonstrate a Willingness to Learn
In a temporary position, leaning into your eagerness to learn can really set you apart. Be prepared to share how you’re staying updated on industry trends or any additional training you've pursued. Employers appreciate candidates who are proactive about their development—even for short-term roles.
