Associate Quantitative Engineer in London

Associate Quantitative Engineer in London

London Full-Time 37800 - 46200 £ / year (est.) Hybrid
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At a Glance

  • Tasks: Create and enhance broking screens while supporting existing systems across multiple asset classes.
  • Company: Join TP ICAP, a global leader in market infrastructure and financial solutions.
  • Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
  • Other info: Dynamic team environment with a focus on innovation and problem-solving.
  • Why this job: Dive into the world of finance and technology, making a real impact with your coding skills.
  • Qualifications: Degree in Computer Science, Engineering, or Physics; programming skills in C++, C#, or Python.

The predicted salary is between 37800 - 46200 £ per year.

The TP ICAP Group is a world leading provider of market infrastructure. Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and distribution of data, through responsible and innovative solutions. Through our people and technology, we connect clients to superior liquidity and data solutions. The Group operates from more than 60 offices in 27 countries. We are 5,300 people strong.

Role Overview

The Global Analytics team builds and maintains the Price Discovery platform used by the broking desks globally to generate, calculate, and distribute market data to clients. Our work spans Fixed Income, Interest Rate Derivatives, FX Derivatives, Energy, and Commodities. Much of the day-to-day centres on an in-house Excel-like application, backed by C++ and C# libraries, where broking screens are developed and maintained. As a junior member of the team, you will have experienced colleagues around you to guide you through the financial domain and the platform.

Role Responsibilities

  • Create, enhance, and support broking screens across multiple asset classes.
  • Support existing systems and data pipelines, fix production issues, and identify where things can be improved.
  • Learn how financial markets operate from the screens, the broking desks, and colleagues.
  • Own and drive projects to completion, delivering high-quality results.
  • Contribute to moving analytics out of screen cells into reusable library functions and documenting pricing logic.
  • Contribute to building micro-services that translate business requirements into deployable components.
  • Contribute to optimising and streamlining how screens are developed and deployed.
  • Contribute to improving search and data retrieval capabilities to support data sales requirements.
  • Leverage AI tools and modern development workflows to accelerate your own work and the team's output.

Experience / Competences

Essential

  • A degree in Computer Science, Engineering, or Physics.
  • Demonstrable programming ability in at least one of C++, C#, or Python.
  • A builder mindset: you would rather deliver something and iterate than wait for a perfect specification.
  • Comfortable with ambiguity and with asking questions to move things forward.
  • A self-starter who engages with tasks of all sizes, from quick fixes to larger project work.
  • Genuine curiosity about how things work, in the financial markets and in the codebase.
  • Eagerness to adopt new technologies, including AI-powered tooling.
  • Clear, direct communication.

Desired

  • Prior exposure to financial markets is a plus but not a requirement.

What this role is not

  • A pure research or quant modelling position. You will learn financial concepts, but the day-to-day is engineering.
  • A role where every task comes with a detailed specification. You will often need to figure out the "how" yourself.
  • A passive role. We need someone who looks for problems to solve, not someone who waits to be told what to do.

Company Statement

We know that the best innovation happens when diverse people with different perspectives and skills work together in an inclusive atmosphere. That's why we're building a culture where everyone plays a part in making people feel welcome, ready and willing to contribute.

Associate Quantitative Engineer in London employer: ICAP

TP ICAP is an exceptional employer, offering a dynamic work environment in the heart of London where innovation and collaboration thrive. With a strong commitment to employee development and a culture that values diversity and inclusion, we empower our teams to excel in their roles while providing access to global financial markets. Our focus on operational excellence and strategic transformation ensures that employees are engaged in meaningful work that drives both personal and professional growth.

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Contact Details:

ICAP Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Associate Quantitative Engineer in London

✨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 ICAP. 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 ICAP.

✨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 ICAP. 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 Associate Quantitative Engineer in London

C++
C#
Python
Excel-like application development
Micro-services development
Data pipeline support
Problem-solving

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 ICAP 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 ICAP how you can be a team player!

How to prepare for a job interview at ICAP

✨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 ICAP.

✨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 ICAP'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!