Quantitative Developer in London

Lancesoft Ltd is a renowned global technology and consulting firm dedicated to delivering innovative solutions across various industries. With a strong focus on financial services, Lancesoft specializes in providing cutting‑edge quantitative development, software engineering, and risk management solutions. The company prides itself on fostering a collaborative and inclusive work environment, promoting continuous learning, and maintaining a commitment to excellence.

We are seeking a highly experienced Quantitative Developer to join our team in London on a hybrid basis. This is a senior‑level, hands‑on role that requires deep expertise in exotic OTC derivatives pricing and risk modeling. The successful candidate will be responsible for developing and maintaining production‑grade pricing libraries, risk engines, and calibration frameworks across various asset classes including equities, rates, foreign exchange, and commodities.

This individual contributor position is ideal for a professional with 15 to 20+ years of experience in quantitative engineering, who excels in independently writing and validating complex pricing algorithms, interpreting mathematical models, and supporting client‑facing validation documentation. The role demands a proactive problem‑solver capable of optimizing performance, ensuring low‑latency execution, and maintaining numerical accuracy in high‑stakes environments. The candidate should be comfortable working in a fast‑paced, collaborative setting, liaising with cross‑functional teams to deliver scalable solutions that meet stringent quality and compliance standards. Strong communication skills are essential to explain complex models and methodologies clearly to both technical and non‑technical stakeholders.

Qualifications

• 15‑20+ years of experience in quantitative development within financial services, particularly in exotic OTC derivatives pricing and risk modeling.
• Proficiency in Python as the primary programming language, with strong Java experience preferred. C++ experience is also considered if accompanied by robust quantitative engineering skills.
• Deep understanding of exotic payoff structures, calibration techniques, and risk management frameworks across multiple asset classes.
• Extensive experience with production‑grade pricing libraries, risk engines, and low‑latency systems.
• Strong analytical skills with the ability to interpret complex mathematical models and pricing papers.
• Proven track record of performance optimization, scalable implementation, and validation of quantitative algorithms.
• Excellent communication skills to articulate technical concepts clearly and effectively.
• Bachelor’s or Master’s degree in Mathematics, Quantitative Finance, Computer Science, or a related field; PhD is a plus.

Responsibilities

• Design, develop, and maintain sophisticated pricing algorithms for exotic OTC derivatives across multiple asset classes.
• Validate and back‑test quantitative outputs against market standards, ensuring accuracy and robustness.
• Implement performance enhancements to ensure low‑latency execution in production environments.
• Collaborate with risk management and trading teams to refine models and improve pricing methodologies.
• Support client‑facing teams by providing detailed validation documentation and explaining complex models and assumptions.
• Continuously review and optimize existing codebases for scalability, efficiency, and reliability.
• Stay updated with the latest academic research, industry best practices, and regulatory requirements related to derivatives pricing and risk management.
• Contribute to a culture of quality, innovation, and continuous improvement within the team.

Benefits

Lancesoft Ltd offers a competitive compensation package aligned with industry standards, including performance‑based bonuses and comprehensive benefits. Employees enjoy flexible working arrangements, including hybrid work options to promote work‑life balance. The company invests in professional development through training programs, certifications, and industry conferences. Additional benefits include health and wellness programs, retirement plans, and paid time off. Lancesoft fosters a collaborative environment that encourages innovation and recognizes individual contributions, providing a stimulating workplace for top‑tier professionals.

Equal Opportunity

Lancesoft Ltd is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based on race, religion, gender, sexual orientation, age, disability, or any other protected characteristic. We believe that a diverse workforce enhances our ability to serve our clients effectively and fosters a culture of innovation and respect.