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- Tasks: Support market risk assessment and collaborate with trading and technology teams.
- Company: Leading financial services firm with a high-performing Market Risk team.
- Benefits: Strong learning opportunities, clear progression path, and collaborative environment.
- 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' 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
- 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 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 London
✨Network Like a Pro
Get out there and connect with people in the finance world! Attend industry events, join relevant online forums, and don’t be shy about reaching out to professionals on LinkedIn. We all know that sometimes it’s not just what you know, but who you know!
✨Show Off Your Skills
When you get the chance to chat with potential employers, make sure to highlight your programming skills and analytical mindset. Share examples of projects or coursework where you’ve tackled quantitative problems. We want to see your passion for market risk and derivatives shine through!
✨Prepare for the Interview
Do your homework before the interview! Brush up on options theory and be ready to discuss models like Black-Scholes. We recommend practising common interview questions related to quantitative analysis and risk management so you can impress them with your knowledge.
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take the initiative to engage with us directly. Let’s get you that Junior Quantitative Analyst role!
We think you need these skills to ace Junior Quantitative Analyst in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Junior Quantitative Analyst role. Highlight any relevant coursework, projects, or internships that showcase your understanding of quantitative analysis and financial markets.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about market risk and how your background makes you a great fit for our team. Don’t forget to mention any specific skills like programming in Python or R that you possess.
Showcase Your Analytical Skills: In your application, provide examples of how you've used your analytical mindset in past experiences. Whether it's through academic projects or previous roles, demonstrating your problem-solving abilities will make you stand out.
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 people!
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. Bring examples of past projects or coursework where you tackled complex problems, especially those involving 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 prepared to talk about them. Consider discussing any relevant projects or scripts you've worked on, as this will highlight your technical abilities and readiness to contribute to the team.
✨Communicate Clearly
Practice explaining complex concepts in simple terms. Since you'll be collaborating with various teams, strong communication skills are essential. Think of ways to convey your ideas clearly and concisely during the interview.