At a Glance
- Tasks: Revamp quantitative models using Python and collaborate with risk teams.
- Company: Leading global investment bank in the heart of London.
- Benefits: Competitive day rate, potential for contract extension, and career growth opportunities.
- Other info: Dynamic team environment with exposure to various asset classes and potential permanent role.
- Why this job: Join a high-priority programme and make a real impact in modernising financial models.
- Qualifications: Strong Python skills and experience in credit risk or similar asset classes.
The predicted salary is between 51750 - 63250 £ per year.
A leading global investment bank in the City of London is looking to hire a Quant Developer – Credit on a contract basis. This is an initial 6-month contract with the option to extend, paying a day rate in the region of £800 to £925 per day.
This role sits within a Quantitative Analytics function, initially aligned to a credit-focused programme supporting the development and improvement of risk models. The focus is on modernising existing models and improving how they are built, structured and maintained, rather than pure front office pricing. The business is going through a broader modernisation programme and is looking for someone to play a key role in that transition. There is also scope to gain exposure to other asset classes and areas of the business over time, as well as the opportunity to move into a permanent role if of interest.
Key responsibilities- Redevelop and translate existing quantitative models into Python
- Improve model structure, performance and maintainability
- Work closely with quants and risk teams to understand model logic and outputs
- Support testing, validation and deployment into production
- Contribute to development best practices, including version control and testing
- Strong Python development experience within a quant or risk environment
- Experience working with credit risk, fixed income or similar asset classes
- Good understanding of econometrics or time series modelling
- Experience working within financial services, ideally banking
- Comfortable working across the full development lifecycle
- Experience working with or translating R code
- Exposure to C++ or working within mixed technology environments
- Front office or desk facing exposure working with quants or traders
- Knowledge of derivatives, XVA or broader risk modelling
- Experience working with modern data platforms or cloud environments
This is a strong opportunity to join a well-established team working on a high-priority programme within a global bank, with scope to broaden your exposure beyond credit over time. If you are a Quant Developer with the above experience, please respond with an up-to-date CV.
Quant Developer Credit in London employer: McCabe & Barton
Join a forward-thinking company that values innovation and collaboration, offering a flexible remote work environment with just one day in the office every three months. With competitive salaries ranging from £45k to £65k, employees benefit from a culture of continuous learning and growth, alongside opportunities to work on cutting-edge data projects that drive meaningful change. This role not only allows you to enhance your technical skills but also encourages you to contribute to a supportive team atmosphere where your ideas are valued.
StudySmarter Expert Advice🤫
We think this is how you could land Quant Developer Credit in London
✨Tip Number 1: Tap Into Professional Networks
The finance world loves a good connection, so jump into industry-specific groups on platforms like LinkedIn where you can find discussions on financial controlling. Engaging in these communities can expose you to hidden job leads that aren't openly advertised!
✨Tip Number 2: Attend Finance Events and Conferences
Make it a mission to attend finance-related events and conferences, even virtual ones! This is a golden opportunity to network face-to-face with people from companies like McCabe & Barton. You never know who might be your next boss or a crucial contact!
✨Tip Number 3: Showcase Your Expertise
Consider writing articles or sharing insights related to financial controlling or industry trends. Publish these on platforms like LinkedIn to establish yourself as a knowledgeable player in the field. This not only increases your visibility but also catches the attention of recruiters from McCabe & Barton.
✨Tip Number 4: Apply Directly on Company Websites
Since you're going for a full-time gig, don't forget to keep an eye on the careers page of companies you're interested in, like McCabe & Barton. Many companies prefer candidates who apply through their website as it shows genuine interest and makes your application stand out!
We think you need these skills to ace Quant Developer Credit in London
Some tips for your application 🫡
Show Off Your Numbers Game:In financial controlling, detail is everything! Make sure your CV showcases your proficiency with numbers—highlight any relevant experience in budgeting, forecasting, or working with financial software. Quantifying your past achievements will make you stand out, so don’t be shy about flaunting those impressive percentages or cost savings you've implemented.
Tailored Cover Letter is Key:Your cover letter is a chance to shine, especially for a full-time role. Use it to express your genuine interest in McCabe & Barton and the specific impact you hope to make in financial controlling. Mention any relevant qualifications or experiences that align with the company’s goals, and don’t forget to show that you're ready for a long-term commitment!
Certifications Matter:List relevant certifications such as ACCA or CIMA on your CV. These qualifications not only showcase your dedication to the field but also your technical competence in financial principles. If you have any ongoing training or courses, make sure to mention those as well to demonstrate your commitment to continual learning in financial controlling.
Don’t Overlook Soft Skills:While numbers are crucial, so are those soft skills! Financial controllers need strong communication and analytical reasoning abilities. We recommend embedding examples of these skills in your CV and cover letter, like how you’ve successfully delivered financial reports to stakeholders or collaborated with teams to improve processes. Let’s show McCabe & Barton how you can be a team player!
How to prepare for a job interview at McCabe & Barton
✨Brush Up on Technical Skills
Make sure you're comfortable with key financial concepts, especially around forecasting, budgeting, and variance analysis. Sometimes, interviewers may throw in technical questions or case studies, so practicing these types of scenarios will help you shine!
✨Showcase Your Financial Acumen
If you've had experience with specific financial software like SAP or Oracle, make it known! Be ready to discuss how you used these tools to improve processes or reporting, as this hands-on knowledge can really set you apart in a full-time role with McCabe & Barton.
✨Know Your Numbers
In full-time interviews, especially in financial controlling, be prepared for numerical reasoning tests or questions. Brush up on your mental maths and understand how to interpret and analyse financial statements on the spot, as this may come up during the assessment.
✨Connect with Company Goals
Familiarise yourself with McCabe & Barton's financial objectives and any recent developments. During the interview, try to weave your understanding of their business model and challenges into your answers—this shows your genuine interest and alignment with their goals!
