At a Glance
- Tasks: Design and implement pricing and risk infrastructure for cutting-edge financial solutions.
- Company: Join Quant Foundry, a leader in innovative quantitative solutions for finance.
- Benefits: Competitive salary, global exposure, and opportunities for professional growth.
- Other info: Fast-paced environment with dynamic challenges and potential for travel.
- Why this job: Make an impact in finance with advanced technology and collaborate with global teams.
- Qualifications: 3-7 years as a Quantitative Developer with strong C++ and financial knowledge.
The predicted salary is between 60000 - 80000 € per year.
Quant Foundry Limited offers cutting-edge quantitative solutions, serving clients in finance and various other industries. Our operations are structured into three divisions: Quant Labs, which focuses on proof-of-concept research using machine learning and AI; Quant Forge, providing consulting services including model validation and model risk governance; and Quant Works, offering flexible quantitative team augmentation and specialized deliveries. We combine deep industry expertise, technology, and innovative analytics to deliver cost-effective and impactful solutions for our clients. Quant Foundry is at the forefront of developing intellectual property that creates value through royalties or subscriptions.
Role Description
- Assist the design and implementation of pricing, risk and P&L infrastructure surrounding the core pricing library
- Assist the Quantitative Modellers to develop the core pricing library
- Develop the Quantitative tooling required to support the platform
- Daily support for quant library pricing and risk issues
- Design, development and integration of intraday pricing, risk and P&L calculations
- Design, development and integration of end-of-day risk and P&L calculations allowing the retirement of the legacy vendor platform
- Design, development and integration of market data pipelines
The candidate will have day-to-day interactions with the trading desk, other quants, the Risk and Finance departments, and technology teams. While the role is London based, the team and clients are located globally with presence in London, Paris, Hong Kong and Bangalore. Occasional travel may be required.
Qualifications
- 3-7 years working as a Quantitative Developer pricing and risking derivatives in quantitative finance, IT development, or a trading environment
- A degree in mathematical finance, science or maths from a top tier university
- Knowledge of the standard pricing models used in the investment banking industry
- Five or more years C++ experience (preferably using Visual Studio 2022)
- Knowledge of instrument pricing, sensitivity calculations, P&L prediction, P&L explain, VaR, ES and other risk measures
- Knowledge of Windows and UNIX/LINUX, understanding of and experience with version control systems (GIT) and distributed development process
- Knowledge of the main instruments used in FX, Fixed Income, Credit, or Equities
- Test-drive development and automated CI/CD pipelines
- Knowledge of distributed computing and serialisation techniques
- Knowledge of at least one of the following scripting languages: Python, Perl, Shell Script, C#, Java, VBA
- Experience in cross-platform C++ development
- Good knowledge of Excel
- Experience of data analysis
Other Requirements
- Ability to work in a fast-paced environment with proven ability to handle multiple outputs at one time
Quantitative Developer - Fixed Income employer: Quant Foundry Limited
Quant Foundry Limited is an exceptional employer, offering a dynamic work environment in the heart of London, where innovation meets finance. With a strong focus on employee growth, we provide opportunities for professional development through hands-on experience with cutting-edge technologies and collaboration with global teams. Our inclusive culture fosters creativity and teamwork, making it an ideal place for those seeking meaningful and rewarding careers in quantitative finance.
StudySmarter Expert Advice🤫
We think this is how you could land Quantitative Developer - Fixed Income
✨Network Like a Pro
Get out there and connect with people in the finance and tech industries. Attend meetups, webinars, or even just grab a coffee with someone in your field. You never know who might have the inside scoop on job openings!
✨Show Off Your Skills
Create a portfolio showcasing your projects, especially those related to quantitative development. Whether it's a GitHub repo or a personal website, let your work speak for itself. This is your chance to shine and show potential employers what you can do!
✨Ace the Interview
Prepare for technical interviews by brushing up on your C++ skills and understanding pricing models. Practice coding challenges and be ready to discuss your past projects in detail. Confidence is key, so walk in ready to impress!
✨Apply Through Our Website
Don't forget to apply directly through our website! It shows you're genuinely interested in joining Quant Foundry and gives us a chance to see your application first-hand. Plus, it’s super easy and straightforward!
We think you need these skills to ace Quantitative Developer - Fixed Income
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Quantitative Developer role. Highlight your experience with pricing models, C++, and any relevant projects that showcase your skills in quantitative finance. We want to see how you fit into our world!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about quantitative finance and how your background aligns with our mission at Quant Foundry. Keep it concise but impactful – we love a good story!
Showcase Your Technical Skills:Don’t forget to highlight your technical skills, especially in C++ and any scripting languages you know. Mention your experience with version control systems like GIT and any automated CI/CD pipelines you've worked on. We’re all about innovation and efficiency!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any updates. Plus, it’s super easy – just a few clicks and you’re in!
How to prepare for a job interview at Quant Foundry Limited
✨Know Your Quant Models
Brush up on the standard pricing models used in investment banking. Be ready to discuss how you've applied these models in your previous roles, especially in relation to derivatives pricing and risk management.
✨Showcase Your Coding Skills
Since C++ is a key requirement, prepare to demonstrate your coding skills. You might be asked to solve a problem or explain your thought process while coding. Familiarise yourself with Visual Studio 2022 and be ready to discuss your experience with version control systems like GIT.
✨Understand the Business Context
Quant Foundry operates at the intersection of finance and technology. Make sure you understand their business model and how your role as a Quantitative Developer fits into their divisions. This will show your genuine interest in the company and its operations.
✨Prepare for Technical Questions
Expect technical questions related to risk measures like VaR and ES, as well as P&L calculations. Brush up on your knowledge of market data pipelines and distributed computing techniques, as these are crucial for the role.
