At a Glance
- Tasks: Develop models for pricing derivatives and collaborate with traders to enhance performance.
- Company: Join a leading global securities firm at the forefront of trading and technology.
- Benefits: Enjoy a dynamic work environment with opportunities for growth and innovation.
- Why this job: Be part of a cutting-edge team impacting global markets and enhancing trading strategies.
- Qualifications: 2-5 years in quantitative development, strong maths background, and solid Java skills required.
- Other info: Ideal for those passionate about finance and technology, looking to make a real impact.
The predicted salary is between 43200 - 72000 £ per year.
I'm currently working on behalf of a leading global securities firm, who is seeking a talented Quant Developer to join their London-based front office quantitative team. This is an excellent opportunity to work at the intersection of trading and technology, designing and implementing high-performance models that underpin core pricing and risk functions.
Role Overview: You will play a critical role in developing models and algorithms for the pricing of derivative instruments, with a focus on FX or fixed income products. Your work will directly support trading, structuring, and risk management efforts across global markets.
Key Responsibilities:
- Develop and implement pricing models for derivatives.
- Collaborate with traders, quants, and technologists to improve pricing accuracy and performance.
- Design and test numerical algorithms and pricing engines.
- Build analytical tools and contribute to the development of internal quant libraries.
- Maintain and improve existing models in response to market conditions and regulatory changes.
Required Skills & Experience:
- 2–5 years' experience in quantitative development or pricing within a financial institution.
- Strong background in mathematics, statistics, or physics, ideally with a postgraduate degree (PhD/MSc).
- Solid programming skills in Java.
- Experience with FX or fixed income products and yield curve construction is highly preferred.
- Familiarity with Monte Carlo methods, stochastic calculus, or PDEs is a plus.
If there is any interest in this opportunity, apply, and a consultant will reach out to you shortly.
Contact Detail:
Placed Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Quantitative Developer (,, United Kingdom)
✨Tip Number 1
Network with professionals in the finance and technology sectors. Attend industry events, webinars, or meetups where you can connect with current Quant Developers or hiring managers. This can give you insights into the role and potentially lead to referrals.
✨Tip Number 2
Brush up on your programming skills, particularly in Java, as it's a key requirement for this role. Consider working on personal projects or contributing to open-source projects that involve quantitative development to showcase your abilities.
✨Tip Number 3
Familiarise yourself with the latest trends and technologies in derivatives pricing and risk management. Reading relevant research papers or following industry blogs can help you stay updated and demonstrate your passion during interviews.
✨Tip Number 4
Prepare for technical interviews by practising problem-solving and coding challenges related to quantitative finance. Websites like LeetCode or HackerRank can be great resources to sharpen your skills and get comfortable with the types of questions you might face.
We think you need these skills to ace Quantitative Developer (,, United Kingdom)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in quantitative development, particularly in derivatives pricing. Emphasise your programming skills in Java and any specific projects related to FX or fixed income products.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your background in mathematics, statistics, or physics aligns with the job requirements, and mention any experience with Monte Carlo methods or stochastic calculus.
Showcase Relevant Projects: If you have worked on specific projects that involved developing pricing models or algorithms, be sure to include these in your application. Detail your contributions and the impact they had on trading or risk management.
Proofread Your Application: Before submitting, carefully proofread your application materials. Check for any grammatical errors or typos, and ensure that all information is clear and concise. A polished application reflects your attention to detail.
How to prepare for a job interview at Placed
✨Brush Up on Your Technical Skills
Make sure you're well-versed in Java and any relevant programming languages. Be prepared to discuss your coding experience and possibly solve a technical problem during the interview.
✨Understand Derivatives Pricing
Familiarise yourself with the principles of derivatives pricing, especially in FX or fixed income products. Be ready to explain how you would approach developing pricing models and algorithms.
✨Showcase Your Collaborative Spirit
This role involves working closely with traders and other quants. Prepare examples of past collaborations where you successfully contributed to a team project, highlighting your communication skills.
✨Stay Updated on Market Trends
Demonstrate your knowledge of current market conditions and regulatory changes that could impact derivatives pricing. This shows your proactive approach and genuine interest in the field.