Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Join a dynamic team to validate daily Profit and Loss and analyse market impacts.
- Company: Lunalogic UK partners with top investment banks, driving innovation in finance.
- Benefits: Enjoy flexible working options and a collaborative culture that values your input.
- Why this job: Make a real impact in finance while developing your analytical and IT skills.
- Qualifications: Top university graduate in investment finance or IT; strong Python and VBA skills required.
- Other info: Ideal for proactive problem solvers eager to learn in a fast-paced environment.
The predicted salary is between 36000 - 60000 £ per year.
Lunalogic UK is looking for a PnL Quantitative Analyst with strong Python skills to join one of its investment banking clients. The team you will join is responsible for daily validation of Profit and Loss, providing explanations based on market movements, associated risks, and the effects of new trades and events impacting them.
Responsibilities:
- You ensure the control of the trade lifecycle.
- You are particularly involved in the production, analysis, and validation of the P&L in keeping with FRTB.
- With their dual role as Analyst and IT specialist, you perform control and monitoring tasks, to identify correct and incorrect points, with the help of IT and Quantitative Research.
- Proactive and resolve minded, you implement analytical tools to reduce P&L calculation errors.
- You identify a list of priority issues impacting the P&L Explain validation and liaise with IT for resolution.
Qualifications and Skills:
- Graduate from a top university or engineering school in investment finance within IT.
- Experience in Front Office or Risk department.
- Good theoretical knowledge of derivative product and Risk indicators (P&L explain, Greeks etc).
- Strong analytical and communication skills (ability to clearly explain technical issues).
- Strong IT skills in Python and VBA.
Soft Skills:
- Strong desire to investigate and resolve issues.
- Ability to learn quickly under time pressure.
- Hardworking.
- Comfortable working in a matrix reporting environment.
PnL Quantitative analyst employer: Lunalogic Group
Contact Detail:
Lunalogic Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land PnL Quantitative analyst
✨Tip Number 1
Familiarise yourself with the specific tools and technologies mentioned in the job description, particularly Python and VBA. Consider working on personal projects or contributing to open-source projects that showcase your skills in these areas.
✨Tip Number 2
Network with professionals in the investment banking sector, especially those who work in PnL analysis or quantitative roles. Attend industry events or join relevant online forums to gain insights and potentially get referrals.
✨Tip Number 3
Stay updated on market trends and developments in risk management and derivative products. This knowledge will not only help you in interviews but also demonstrate your genuine interest in the field.
✨Tip Number 4
Prepare for technical interviews by practising problem-solving scenarios related to P&L validation and risk analysis. Use platforms like LeetCode or HackerRank to sharpen your analytical skills and coding abilities.
We think you need these skills to ace PnL Quantitative analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your strong Python skills and relevant experience in investment finance. Emphasise any roles where you've worked with P&L validation or risk management.
Craft a Compelling Cover Letter: In your cover letter, explain why you're interested in the PnL Quantitative Analyst position at Lunalogic UK. Mention specific experiences that demonstrate your analytical skills and ability to resolve issues.
Showcase Technical Skills: Clearly outline your proficiency in Python and VBA in both your CV and cover letter. Provide examples of projects or tasks where you used these skills to solve problems or improve processes.
Prepare for Technical Questions: Anticipate technical questions related to derivative products and risk indicators during the interview process. Brush up on your knowledge of P&L explain and Greeks to confidently discuss these topics.
How to prepare for a job interview at Lunalogic Group
✨Showcase Your Python Skills
Since strong Python skills are crucial for this role, be prepared to discuss your experience with Python in detail. Bring examples of projects or tasks where you've used Python to solve complex problems, especially in finance or risk analysis.
✨Understand P&L Concepts Thoroughly
Make sure you have a solid grasp of Profit and Loss concepts, including how market movements affect P&L. Be ready to explain these concepts clearly, as communication is key in this role.
✨Demonstrate Analytical Thinking
Prepare to showcase your analytical skills by discussing past experiences where you've identified issues and implemented solutions. Use specific examples that highlight your proactive approach to problem-solving.
✨Familiarise Yourself with FRTB Regulations
Since the role involves working in accordance with FRTB, it’s beneficial to understand these regulations. Be ready to discuss how they impact P&L calculations and any relevant experience you have in this area.
