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 43200 - 72000 £ 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, as this will demonstrate your practical experience.
✨Tip Number 2
Network with professionals in the investment banking sector, especially those who work in PnL analysis or risk management. Attend industry events or join relevant online forums to connect with potential colleagues and learn more about the challenges they face, which can help you tailor your approach during interviews.
✨Tip Number 3
Brush up on your knowledge of derivative products and risk indicators like P&L explain and Greeks. Being able to discuss these concepts confidently in an interview will show that you have a solid understanding of the role's requirements and can contribute effectively from day one.
✨Tip Number 4
Prepare for technical interviews by practising problem-solving scenarios related to P&L validation and trade lifecycle control. Think through how you would approach common issues and be ready to explain your thought process clearly, as strong analytical and communication skills are key for this position.
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 were involved in P&L analysis or risk management, as these are crucial for the position.
Craft a Compelling Cover Letter: In your cover letter, explain why you're interested in the PnL Quantitative Analyst role at Lunalogic UK. Mention specific experiences that demonstrate your analytical skills and your ability to work under pressure, as well as your familiarity with derivative products.
Showcase Your Technical Skills: Be sure to include any projects or experiences that showcase your IT skills, particularly in Python and VBA. If you've implemented analytical tools or resolved P&L calculation errors in previous roles, highlight these achievements.
Prepare for Technical Questions: Anticipate technical questions related to P&L validation and risk indicators during the interview process. Brush up on your knowledge of Greeks and be ready to discuss how you would approach problem-solving in a matrix reporting environment.
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 problems, especially in a financial context.
✨Understand P&L Concepts
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
As the role involves working in accordance with FRTB, it’s beneficial to understand these regulations. Brush up on the basics and be ready to discuss how they impact P&L validation and risk management.
