At a Glance
- Tasks: Develop and implement pricing models for derivatives in a dynamic trading environment.
- Company: Join a leading global securities firm at the forefront of finance and technology.
- Benefits: Enjoy competitive pay, collaborative culture, and opportunities for professional growth.
- Why this job: Be part of a cutting-edge team shaping the future of trading and risk management.
- Qualifications: 2-5 years in quantitative development; strong maths background; Java programming skills required.
- Other info: Ideal for those passionate about finance and technology, with a focus on FX or fixed income.
The predicted salary is between 48000 - 72000 £ per year.
I'm currently working on behalf of a leading global securities firm, who is seeking a talented Quant Developer to join their London-based front office quantitative team. This is an excellent opportunity to work at the intersection of trading and technology, designing and implementing high-performance models that underpin core pricing and risk functions.
Role Overview: You will play a critical role in developing models and algorithms for the pricing of derivative instruments, with a focus on FX or fixed income products. Your work will directly support trading, structuring, and risk management efforts across global markets.
Key Responsibilities:
- Develop and implement pricing models for derivatives.
- Collaborate with traders, quants, and technologists to improve pricing accuracy and performance.
- Design and test numerical algorithms and pricing engines.
- Build analytical tools and contribute to the development of internal quant libraries.
- Maintain and improve existing models in response to market conditions and regulatory changes.
Required Skills & Experience:
- 2–5 years' experience in quantitative development or pricing within a financial institution.
- Strong background in mathematics, statistics, or physics, ideally with a postgraduate degree (PhD/MSc).
- Solid programming skills in Java.
- Experience with FX or fixed income products and yield curve construction is highly preferred.
- Familiarity with Monte Carlo methods, stochastic calculus, or PDEs is a plus.
If there is any interest in this opportunity, apply, and a consultant will reach out to you shortly.
Locations
Quantitative Developer employer: H&P Executive Search
Contact Detail:
H&P Executive Search Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Quantitative Developer
✨Tip Number 1
Familiarise yourself with the latest trends in derivatives pricing and quantitative development. This will not only help you understand the role better but also give you talking points during interviews.
✨Tip Number 2
Network with professionals in the finance and tech sectors, especially those who work in quantitative roles. Attend industry events or webinars to make connections that could lead to referrals.
✨Tip Number 3
Brush up on your programming skills, particularly in Java, as it's a key requirement for this role. Consider working on personal projects or contributing to open-source projects to showcase your abilities.
✨Tip Number 4
Prepare to discuss specific examples of your past work related to FX or fixed income products. Being able to articulate your experience with relevant models and algorithms will set you apart from other candidates.
We think you need these skills to ace Quantitative Developer
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in quantitative development, particularly in derivatives pricing. Emphasise your programming skills in Java and any specific projects related to FX or fixed income products.
Craft a Strong Cover Letter: Write a cover letter that showcases your passion for quantitative finance and your understanding of the role. Mention specific experiences that demonstrate your ability to develop pricing models and collaborate with traders and quants.
Highlight Technical Skills: In your application, clearly outline your technical skills, especially in mathematics, statistics, and programming. If you have experience with Monte Carlo methods or stochastic calculus, make sure to include that as well.
Showcase Problem-Solving Abilities: Provide examples in your application that illustrate your problem-solving skills, particularly in developing algorithms or improving existing models. This will show your potential employer that you can adapt to market conditions and regulatory changes.
How to prepare for a job interview at H&P Executive Search
✨Brush Up on Your Technical Skills
Make sure you're well-versed in the programming languages and mathematical concepts relevant to the role. Given the focus on Java and quantitative methods, be prepared to discuss your experience with these in detail.
✨Understand the Financial Products
Familiarise yourself with FX and fixed income products, as well as derivatives pricing. Being able to discuss how these products work and their market implications will show your depth of knowledge and interest in the field.
✨Prepare for Problem-Solving Questions
Expect to face technical questions that assess your problem-solving abilities. Practice explaining your thought process clearly, especially when discussing algorithms or numerical methods you've implemented in the past.
✨Showcase Your Collaborative Spirit
Since the role involves working closely with traders and other quants, be ready to share examples of how you've successfully collaborated in previous roles. Highlight your communication skills and ability to work in a team environment.