Quantitative Development Lead in London

Quantitative Development Lead in London

London Full-Time 60000 - 80000 £ / year (est.) No working from home possible
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At a Glance

  • Tasks: Lead a team developing financial models using C++ and Python.
  • Company: Join a forward-thinking company focused on financial innovation.
  • Benefits: Enjoy competitive pay, generous holidays, and a performance bonus.
  • Other info: Hybrid working options available in London, Hove, or Cardiff.
  • Why this job: Make a real impact in finance while leading a talented team.
  • Qualifications: Experience in leading technical teams and working with financial models.

The predicted salary is between 60000 - 80000 £ per year.

We’re looking for a Quantitative Development Lead to join our Product Engineering team within Institutional Retirement. This is a specialist leadership role for someone who enjoys working at the point where financial modelling, software development and people leadership meet. You’ll be leading a team of developers working across C++ and Python, supporting modelling capability used across asset modelling, economic capital, market credit risk and stress testing. You’ll help translate complex business and risk requirements into clear technical delivery, while coaching a highly skilled team and improving how modelling solutions are built, supported and controlled. The role can be based in London, Hove or Cardiff, with hybrid working.

What you’ll be doing:

  • Leading a team developing and supporting financial models across asset modelling, economic capital, market credit risk and stress testing
  • Translating business, risk and modelling requirements into clear technical design and delivery plans
  • Managing and coaching developers working across C++ and Python
  • Supporting modelling capability used within pension risk transfer pricing and risk activity
  • Improving model production processes to strengthen efficiency, scalability, governance and control
  • Driving delivery of modelling projects and technology-enabled change initiatives
  • Providing technical leadership, guidance and training across financial modelling and analytics
  • Working with stakeholders to shape, scope and prioritise model enhancements

Who we’re looking for:

  • Experience leading, coaching or managing technical teams
  • A highly mathematical, quantitative or technical background
  • Experience working with financial models, asset modelling, valuation algorithms, economic capital, market credit risk or stress testing
  • C++ development experience
  • Python experience or the ability to work closely with Python development teams
  • Ability to translate complex business or risk requirements into technical solutions
  • Comfortable working in a highly numerical environment where accuracy, checks and controls matter
  • Knowledge of Solvency II / Solvency UK, Internal Model or Matching Adjustment would be beneficial

Benefits:

  • The opportunity to participate in our annual, performance‑related bonus plan and valuable share schemes
  • Generous pension contribution
  • Life assurance
  • Healthcare Plan (permanent employees only)
  • At least 25 days holiday, plus public holidays, 26 days after 2 years’ service. There’s also the option to buy and sell holiday
  • Competitive family leave
  • Participate in our electric car scheme, which offers employees the option to hire a brand‑new electric car through tax efficient salary sacrifice (permanent employees only)
  • There are many discounts we offer – both for our own products and at a range of high street stores and online
  • We’re creating net‑zero carbon workplaces by 2030 by investing in our sustainable, modern offices across the UK, all designed to bring people together and elevate the in‑person experience

Quantitative Development Lead in London employer: Legal & General

At L&G, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation within our Global Financial Institutions team. With generous benefits including performance-related bonuses, a robust healthcare plan, and a commitment to sustainability, we empower our employees to thrive both personally and professionally. Join us in a supportive environment where your contributions are valued, and you can grow your career while making a positive impact in the financial sector.

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Contact Details:

Legal & General Recruitment Team

We think you need these skills to ace Quantitative Development Lead in London

C++ Development
Python Development
Financial Modelling
Asset Modelling
Economic Capital
Market Credit Risk
Stress Testing