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- Tasks: Support market risk assessment and collaborate with trading and tech teams.
- Company: Leading financial services firm with a high-performing Market Risk team.
- Benefits: Strong learning opportunities, collaborative environment, and clear career progression.
- Why this job: Gain hands-on experience in quantitative finance and tackle real-world risk challenges.
- Qualifications: Degree in a quantitative field and basic programming skills preferred.
- Other info: Ideal for recent graduates or those with up to 2 years of relevant experience.
The predicted salary is between 30000 - 40000 £ per year.
We are working with a leading financial services firm seeking a Junior Quantitative Analyst to join a high-performing Market Risk team. This is an excellent opportunity for a graduate or early-career professional to develop hands-on experience in a fast-paced, intellectually stimulating environment.
The Role
You will support the assessment and monitoring of market risk across a diverse range of products, working closely with trading, risk, and technology teams. This role offers strong exposure to quantitative modelling, derivatives, and risk analytics.
Key responsibilities include:
- Assisting in the development and maintenance of risk models and reporting tools
- Analysing market risk exposure across various asset classes
- Supporting the review and validation of pricing and risk models
- Conducting quantitative analysis on derivatives, including non-linear products
- Investigating data anomalies and ensuring accuracy of risk metrics
- Collaborating with front office and cross-functional teams on risk-related queries
- Contributing to process improvements and automation initiatives
What We’re Looking For
- A degree in a quantitative field (e.g. Mathematics, Physics, Engineering, Finance)
- Strong understanding of options theory and models such as Black-Scholes
- Interest in financial markets and derivatives
- Basic programming skills (Python, R, or similar preferred)
- Strong analytical mindset and attention to detail
- Excellent communication and problem-solving skills
Ideal Candidate
This role is ideal for recent graduates with relevant academic exposure, candidates with up to 1–2 years’ experience in a quantitative, risk, or analytics role, and individuals keen to build a career in quantitative finance or market risk.
Why Apply?
- Strong learning and development opportunities
- Exposure to complex financial products and real-world risk challenges
- Collaborative and supportive team environment
- Clear progression path within a growing function
Junior Quantitative Analyst in City of London employer: ETRA Talent
Contact Detail:
ETRA Talent Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Junior Quantitative Analyst in City of London
✨Tip Number 1
Network like a pro! Reach out to professionals in the finance sector on LinkedIn or at industry events. A friendly chat can open doors that a CV just can't.
✨Tip Number 2
Prepare for interviews by brushing up on your quantitative skills and market knowledge. We recommend practising common interview questions and even doing mock interviews with friends.
✨Tip Number 3
Showcase your passion for finance! During interviews, share your insights on recent market trends or interesting projects you've worked on. It’ll make you stand out as someone genuinely interested in the field.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Junior Quantitative Analyst in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant skills and experiences that align with the Junior Quantitative Analyst role. We want to see how your background in quantitative fields like Mathematics or Finance can shine through!
Craft a Compelling Cover Letter: Your cover letter is your chance to tell us why you're passionate about market risk and quantitative analysis. Share specific examples of your analytical mindset and any projects you've worked on that relate to the role.
Show Off Your Technical Skills: If you’ve got programming skills in Python or R, don’t hold back! Mention any relevant projects or coursework that demonstrate your ability to analyse data and develop models. We love seeing those technical chops!
Apply Through Our Website: We encourage you to apply directly through our website for the best chance of getting noticed. It’s the easiest way for us to keep track of your application and ensure it reaches the right team!
How to prepare for a job interview at ETRA Talent
✨Know Your Quantitative Stuff
Brush up on your knowledge of options theory and models like Black-Scholes. Be ready to discuss how these concepts apply to market risk and derivatives, as this will show your understanding and enthusiasm for the role.
✨Show Off Your Analytical Skills
Prepare to demonstrate your analytical mindset. Think of examples from your studies or any relevant experience where you tackled complex problems or conducted quantitative analysis. This will help you stand out as a candidate who can handle the demands of the role.
✨Get Comfortable with Programming
If you have basic programming skills in Python or R, be sure to mention them! You might even want to prepare a small project or example that showcases your coding abilities, especially if it relates to risk modelling or data analysis.
✨Practice Communication
Since you'll be collaborating with various teams, practice explaining complex concepts in simple terms. This will not only help you during the interview but also demonstrate your ability to communicate effectively with non-technical colleagues.