2027 Quant Fulltime Programme (Masters) - London

Please note you can only make one application per recruitment season; duplicate profiles cannot be considered. Deadline: Applications for this opportunity will close on 31 January 2027; as we will recruit for this program on a rolling basis there may be a delay in screening and online testing, however we will endeavour to get back to all applicants on the outcome of their application in a timely manner.

Jefferies Full-Time Risk Management Quants have the unique opportunity to gain insight into a global, client-focused investment bank and experience an entrepreneurial environment where employees have the opportunity to make an immediate impact and are rewarded for performance. Our lean team structure will not only provide you with unparalleled hands-on experience, it will help you develop lasting personal and professional relationships with peers and senior professionals that will serve as the foundation for a successful career.

Following an enriching orientation program, Risk Management Quants will begin working on their day-to-day responsibilities, with support from colleagues serving as both instructors and mentors throughout the graduate program. As a way to help maximize your experience, Quants will go through a structured review process. In addition to working on projects that incorporate research, analysis and recommendations, our Quants are challenged to think creatively, offer their input, and add value to the team from day one. As with everyone at Jefferies, our Quants are expected to pursue their projects with excellence, a collaborative spirit, and with the highest levels of integrity.

What we look for in a candidate

• We look for candidates who are eager to make an impact to our clients by doing real, hands-on work.
• Successful Jefferies Quants are able to multitask and manage a variety of projects simultaneously.
• Candidates must demonstrate professionalism and relationship management skills together with strong technical, written and verbal communication skills.
• The work is fast paced, challenging and intellectually stimulating.
• The ability to work under pressure and tight deadlines, be adaptable and work both independently and as part of a team are essential traits of a successful candidate.
• You should have a strong academic background and have completed, or expect to shortly complete, a Master’s degree or equivalent program.

Desired Background and Skills:

• Master’s degree in Finance, Economics, Statistics, Mathematics, Computer Science, Financial Engineering, Engineering, Data Science or related field.
• Proficiency in Python, SQL, Database, system implementation, and Microsoft Office, including Word, Excel and PowerPoint.
• Proficiency in financial risk analytics and knowledge of market risk. Knowledge in regulatory frameworks, including SIMM, is a plus.
• Solid foundation in risk modeling and portfolio analytics across various asset classes.
• Excellent analytical and quantitative skills, with strong attention to detail.
• Excellent verbal and written communication skills, with ability to convey complex information clearly.
• Ability to multitask, manage time effectively, prioritize tasks, and perform under pressure.
• Excellent interpersonal skills and emotional intelligence.
• Team player who excels at working both independently and as part of a team.

Opportunities with Risk Management

Jefferies Risk Management Department is responsible for independent risk oversight and analysis for the Firm by identifying, assessing, monitoring, and managing risk. The main responsibilities include:

• Establishing and implementing the risk management framework, policies and procedures, and controls.
• Establishing and implementing the firmwide risk appetite framework and statements in line with the Firm’s strategic business and financial plans.
• Identifying and assessing financial and non-financial risks including existing risks from business activities, emerging risks from changes in external conditions, and risks from new business strategies, initiatives and products introduced through the New Business Process.
• Measuring current and potential risks using quantitative and qualitative methodologies, and monitoring risks through key risk metrics.
• Establishing limit frameworks, monitoring utilizations of the limits against key risk metrics, and ensuring compliance to the limits.
• Reporting risk exposures, limit utilizations of key risk metrics, and escalating risk concerns and limit breaches.
• Performing independent reviews and challenges of risk-taking and hedging activities including deep dives of risk exposures and vulnerability review.
• Keeping abreast of regulatory developments and requirements.

Risk Management Quants will have the opportunity to work in the Quantitative Analytics group (i.e., Model Validation or Risk Analytics).

Quantitative Analytics:

Responsible for risk measurement methodologies and implementation, model validation, and the selection, development and implementation of risk systems and processes. Supporting both market and credit risk to ensure that the firm’s methodology for assessing firm and client risk are consistent and works with all areas of the firm to ensure that the methodology used by individual businesses is consistent with the Risk group. Independently reviewing and validating all models used for valuation of the firm’s inventory and ensures any model limitations are well understood and appropriately accounted for.

Equal Employment Opportunity and Reasonable Accommodations

At Jefferies, we are committed to building a culture that provides opportunities for all employees regardless of our differences and supports a workforce that is reflective of the communities where we work and live. As a result, we are able to pool our collective insights and intelligence to provide fresh and innovative thinking for our clients. Jefferies is committed to creating and sustaining a workforce that welcomes individuals from all backgrounds to apply. Our employment decisions are made without regard to race, creed, color, national origin, ancestry, religion, pregnancy, age, medical condition, physical or mental disability, marital status, domestic partner status, sex, sexual orientation, gender, gender identity or expression, veteran or military status, genetic information, reproductive health decisions, or any other factor protected by applicable law. We are committed to hiring the most qualified applicants and complying with all federal, state, and local equal employment opportunity laws. As part of this commitment, Jefferies will extend reasonable accommodations to individuals with disabilities, as required by applicable law.