Associate, Assistant Quantitative Specialist in London

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Flexible Working Options: Hybrid Working, Job Share

Do you have strong quantitative skills and want to work on exciting projects that will help shape the future of banking? Do you want to build a career within a challenging and dynamic environment? As part of our strategic drive to be at the forefront of a rapidly evolving marketplace in financial services, this role offers an exciting opportunity for a talented quantitative graduate to join a Front Office quant team, where you’ll build on your mathematical and technological skills as well as financial knowledge to develop and maintain models that are critical to the success of our business.

Within the modelling mandate of Portfolio & XVA Quantitative Research, the role is to contribute to model development, model maintenance, and model user support activities, through all stages of the model lifecycle.

Key responsibilities include:

• Contributing to meeting business demand for modelling enhancements through development in the Quant Library (QL), under the supervision of more senior colleagues as experience is developed, from project initiation through to production implementation.
• Running, automating and where necessary analysing, key performance indicators (KPIs) of the model suite, as part of essential model monitoring activities, and reporting the results to key stakeholders on a regular basis.
• Supporting all Model Users as part of the regular team support rota.
• Engaging with openness, transparency and collaboration with relevant stakeholders across the 1st line, Independent Validation, Engineering, Market and Credit Risk, and Finance.

Why join us?

If you think all banks are the same, you’re wrong. We’re a pioneering, fast-changing business that’s shaping finance as a force for good. If you’re after a role where you can have an impact and do the best work of your career, you’ve just found it.

What we’re looking for:

• A degree or higher in a quantitative discipline such as Mathematics, Physics or Engineering, with post-graduate education or research experience beneficial.
• Programming experience in C++, CUDA or Python.
• Some quantitative Financial Services experience is preferable.

This is a place for you: Our ambition is to be the leading UK business for diversity, equity and inclusion supporting our customers, colleagues and communities, and we’re committed to creating an environment in which everyone can thrive, learn and develop.

We were one of the first major organisations to set goals on diversity in senior roles, create a menopause health package, and a dedicated Working with Cancer Initiative. We offer reasonable workplace adjustments for colleagues with disabilities, including flexibility in office attendance, location and working patterns. And, as a Disability Confident Leader, we guarantee interviews for a fair and proportionate number of applicants who meet the minimum criteria for the role with a disability, long-term health or neurodivergent condition through the Disability Confident Scheme.

We provide reasonable adjustments throughout the recruitment process to reduce or remove barriers. Just let us know what you need.

We also offer a wide-ranging benefits package, which includes:

• A generous pension contribution of up to 15%.
• An annual performance-related bonus.
• Share schemes including free shares.
• Benefits you can adapt to your lifestyle, such as discounted shopping.
• 28 days’ holiday, with bank holidays on top.
• A range of wellbeing initiatives and generous parental leave policies.

Ready to make an impact? Apply today.

At Lloyds Banking Group, we're driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you'll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you'll have many opportunities to learn, grow and develop.

We keep your data safe. So, we'll only ever ask you to provide confidential or sensitive information once you have formally been invited along to an interview or accepted a verbal offer to join us which is when we run our background checks. We'll always explain what we need and why, with any request coming from a trusted Lloyds Banking Group person. We're focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we’re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.