At a Glance
- Tasks: Develop and enhance pricing models for Equity and FX derivatives, tackling complex quantitative problems.
- Company: Leading global derivatives pricing and analytics business based in London.
- Benefits: Competitive salary up to £180k, 30% bonus, equity options, and career growth.
- Other info: Opportunity to explore AI/ML techniques in a dynamic and innovative environment.
- Why this job: Gain broad exposure across various derivatives while owning projects from inception to completion.
- Qualifications: 5+ years in derivatives quant, strong modelling skills, and proficiency in Python or C++.
The predicted salary is between 162000 - 198000 £ per year.
I'm working with a leading global derivatives pricing and analytics business looking to add a Senior Quant to its growing London team. This is a hands-on role focused on Equity and FX derivatives, combining volatility modelling and calibration with the development and enhancement of pricing models across vanilla and exotic products.
A key attraction is the breadth of the role. Rather than being highly specialised within one product or trading desk, you’ll have the opportunity to work across a wider range of derivatives problems, take real ownership and develop models and solutions from scratch.
The role:
- Develop and enhance volatility smiles, surfaces and calibration models
- Build and improve vanilla and exotic derivatives pricers
- Work across products including barriers, autocallables, cliquets, baskets and worst-ofs
- Improve pricing accuracy, Greeks and risk calculations
- Apply numerical methods including Monte Carlo and PDEs
- Investigate and solve complex pricing and modelling problems
- Develop production-quality solutions using Python and C++
- Opportunity to explore AI/ML techniques within pricing and risk analytics
What we’re looking for:
- Around 5+ years’ derivatives quant experience
- Equity Derivatives / Equity Volatility experience particularly relevant, although strong FX Options/Derivatives profiles will also be considered
- Strong volatility modelling, calibration and/or derivatives pricing experience
- Local Vol, Stochastic Vol and/or Local-Stochastic Vol knowledge
- Strong mathematical and numerical modelling skills
- Python and C++ or another compiled language
- MSc or PhD in a quantitative discipline
- AI/ML experience is beneficial but not essential - strong derivatives modelling and the ability to solve complex quantitative problems are the priority.
This could be particularly interesting for a banking quant looking for broader exposure, greater ownership and the opportunity to work on new models and problems from the ground up.
VP Quant – Equity / FX Derivatives & Volatility employer: Barclay Simpson
Join a dynamic and innovative Front Office Quant team where your expertise in designing and enhancing pricing models for Structured Rates Exotics will be highly valued. With a strong focus on collaboration and immediate impact, this role offers competitive compensation and the chance to work in a fast-paced trading environment that fosters professional growth and development. Experience a supportive work culture that encourages ownership and technical excellence while contributing to critical projects alongside industry-leading professionals.
StudySmarter Expert Advice🤫
We think this is how you could land VP Quant – Equity / FX Derivatives & Volatility
✨Tip Number 1: Tap Into Professional Networks
The finance world loves a good connection, so jump into industry-specific groups on platforms like LinkedIn where you can find discussions on financial controlling. Engaging in these communities can expose you to hidden job leads that aren't openly advertised!
✨Tip Number 2: Attend Finance Events and Conferences
Make it a mission to attend finance-related events and conferences, even virtual ones! This is a golden opportunity to network face-to-face with people from companies like Barclay Simpson. You never know who might be your next boss or a crucial contact!
✨Tip Number 3: Showcase Your Expertise
Consider writing articles or sharing insights related to financial controlling or industry trends. Publish these on platforms like LinkedIn to establish yourself as a knowledgeable player in the field. This not only increases your visibility but also catches the attention of recruiters from Barclay Simpson.
✨Tip Number 4: Apply Directly on Company Websites
Since you're going for a full-time gig, don't forget to keep an eye on the careers page of companies you're interested in, like Barclay Simpson. Many companies prefer candidates who apply through their website as it shows genuine interest and makes your application stand out!
We think you need these skills to ace VP Quant – Equity / FX Derivatives & Volatility
Some tips for your application 🫡
Show Off Your Numbers Game:In financial controlling, detail is everything! Make sure your CV showcases your proficiency with numbers—highlight any relevant experience in budgeting, forecasting, or working with financial software. Quantifying your past achievements will make you stand out, so don’t be shy about flaunting those impressive percentages or cost savings you've implemented.
Tailored Cover Letter is Key:Your cover letter is a chance to shine, especially for a full-time role. Use it to express your genuine interest in Barclay Simpson and the specific impact you hope to make in financial controlling. Mention any relevant qualifications or experiences that align with the company’s goals, and don’t forget to show that you're ready for a long-term commitment!
Certifications Matter:List relevant certifications such as ACCA or CIMA on your CV. These qualifications not only showcase your dedication to the field but also your technical competence in financial principles. If you have any ongoing training or courses, make sure to mention those as well to demonstrate your commitment to continual learning in financial controlling.
Don’t Overlook Soft Skills:While numbers are crucial, so are those soft skills! Financial controllers need strong communication and analytical reasoning abilities. We recommend embedding examples of these skills in your CV and cover letter, like how you’ve successfully delivered financial reports to stakeholders or collaborated with teams to improve processes. Let’s show Barclay Simpson how you can be a team player!
How to prepare for a job interview at Barclay Simpson
✨Brush Up on Technical Skills
Make sure you're comfortable with key financial concepts, especially around forecasting, budgeting, and variance analysis. Sometimes, interviewers may throw in technical questions or case studies, so practicing these types of scenarios will help you shine!
✨Showcase Your Financial Acumen
If you've had experience with specific financial software like SAP or Oracle, make it known! Be ready to discuss how you used these tools to improve processes or reporting, as this hands-on knowledge can really set you apart in a full-time role with Barclay Simpson.
✨Know Your Numbers
In full-time interviews, especially in financial controlling, be prepared for numerical reasoning tests or questions. Brush up on your mental maths and understand how to interpret and analyse financial statements on the spot, as this may come up during the assessment.
✨Connect with Company Goals
Familiarise yourself with Barclay Simpson's financial objectives and any recent developments. During the interview, try to weave your understanding of their business model and challenges into your answers—this shows your genuine interest and alignment with their goals!
