At a Glance
- Tasks: Join our team to develop and maintain pricing models for interest rate products.
- Company: Quanteam is a leading consulting firm in Capital Markets with a global presence.
- Benefits: Enjoy hybrid working, competitive pay, and opportunities for professional growth.
- Other info: This is a long-term contract role with a focus on innovation and collaboration.
- Why this job: Make a real impact in the front office while collaborating with traders and enhancing your skills.
- Qualifications: Strong background in quantitative analysis, Python, C++, and interest rate products required.
The predicted salary is between 54000 - 90000 € per year.
Job Description
Job: Front Office Pricing Quant – Rates Modelling
- Location: London
- Hybrid working – travel to office is required
- Full time contract – long term engagement
- Inside IR35 – up to £900 umbrella daily
Role Overview:
We are seeking a Pricing Quant Analyst with strong experience in interest rate products, pricing model development, and programming in Python and C++. This role sits within the front office quant team, supporting traders and structurers through the design and implementation of robust pricing and risk models for a wide range of rate derivatives.
Key Responsibilities:
- Develop, implement, and maintain pricing models for rates products (e.g., swaps, swaptions, futures, structured rates)
- Work closely with traders and structurers to provide real-time pricing and risk analytics
- Calibrate models using market data and ensure alignment with market conventions
- Contribute to the enhancement of pricing libraries and analytics infrastructure in Python and C++
- Perform testing, validation, and documentation of models in line with internal governance and regulatory standards
Key Requirements:
- Proven experience as a Quantitative Analyst within a front office or desk-aligned environment
- Deep understanding of interest rate products and pricing methodologies
- Strong proficiency in Python and C++ for quantitative development
- Solid background in mathematics, quantitative finance, or physics
- Familiarity with model calibration, curve construction, and market data handling
- Effective communication skills and ability to collaborate with traders, technologists, and risk teams
If you're a technically strong quant with a passion for rates modelling and front office impact, we’d love to hear from you.
WHO WE ARE
Quanteam Group is a Consulting firm specialized in the Capital Markets industry, in Paris, London, Krakow, Brussels, New York and North Africa.
Since 2007, our 800 consultants provide major clients (Corporate & Investment Banks, Asset Managers, Hedge Funds, Brokers and Insurance Companies) with expertise in several projects such as Financial Engineering, Quantitative Research, Regulatory Implementation, IT Transformation & Innovation.
The firm mainly takes part in:
- Business consulting: Quantitative research, Risk management (e.g. Market risk, credit risk, counterparty risk), Banking regulations (e.g. Basel III, Solvency II, FATCA, EMIR, MiFID), Pricing & Valuation, Organizational Transformation & Process Improvement.
- IT & Information systems consulting: Business Analysis, Project Management, Change management, Front Office Support (functional and technical), Development (e.g C++, Python, C#, Java, VBA), Financial Software (e.g. Sophis, Murex, Summit, Calypso), IT Transformation & Innovation.
As part of Quanteam Group, Quanteam UK & PL has today more than 80 consultants, working for major Capital Markets institutions in London and Krakow.
Front Office Pricing Quant - Rates Modelling - Quanteam in London employer: Quanteam
Quanteam is an exceptional employer, offering a dynamic work environment in the heart of London where innovation meets expertise. With a strong focus on employee growth and development, we provide our team members with opportunities to engage in cutting-edge projects within the capital markets industry, all while enjoying the flexibility of hybrid working arrangements. Our collaborative culture fosters meaningful connections among colleagues, ensuring that every voice is heard and valued, making it a truly rewarding place to advance your career as a Front Office Pricing Quant.
StudySmarter Expert Advice🤫
We think this is how you could land Front Office Pricing Quant - Rates Modelling - Quanteam in London
✨Tip Number 1
Make sure to brush up on your knowledge of interest rate products and pricing methodologies. Understanding the nuances of swaps, swaptions, and other derivatives will give you an edge in discussions with potential employers.
✨Tip Number 2
Network with professionals in the quantitative finance space, especially those who work in front office roles. Attend industry events or webinars where you can meet traders and structurers, as they can provide valuable insights and potentially refer you for the position.
✨Tip Number 3
Familiarise yourself with the latest trends in Python and C++ programming as they relate to quantitative analysis. Consider working on personal projects or contributing to open-source projects that showcase your skills in these languages.
✨Tip Number 4
Prepare to discuss your experience with model calibration and market data handling in detail. Be ready to explain how you've applied these skills in previous roles, as this will demonstrate your practical knowledge and readiness for the job.
We think you need these skills to ace Front Office Pricing Quant - Rates Modelling - Quanteam in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your experience with interest rate products and quantitative analysis. Emphasise your programming skills in Python and C++, as well as any relevant projects or roles that demonstrate your expertise in pricing model development.
Craft a Strong Cover Letter:In your cover letter, express your passion for rates modelling and how your background aligns with the role. Mention specific experiences where you collaborated with traders or worked on pricing models, showcasing your ability to communicate effectively within a team.
Highlight Relevant Skills:Clearly outline your proficiency in model calibration, curve construction, and market data handling. Use examples from your past work to illustrate your solid background in mathematics and quantitative finance, which are crucial for this position.
Proofread Your Application:Before submitting, carefully proofread your application materials for any errors or inconsistencies. A polished application reflects your attention to detail, which is essential in a quantitative analyst role.
How to prepare for a job interview at Quanteam
✨Brush Up on Interest Rate Products
Make sure you have a solid understanding of interest rate products like swaps, swaptions, and futures. Be prepared to discuss how these products work and their pricing methodologies, as this knowledge will be crucial during your interview.
✨Showcase Your Programming Skills
Since the role requires proficiency in Python and C++, be ready to demonstrate your coding skills. You might be asked to solve a problem or explain your previous projects involving these languages, so have examples at hand.
✨Prepare for Technical Questions
Expect technical questions related to model calibration, curve construction, and market data handling. Review relevant concepts and be prepared to explain your thought process clearly, as effective communication is key in this role.
✨Understand the Front Office Environment
Familiarise yourself with the dynamics of a front office quant team. Be ready to discuss how you would collaborate with traders and structurers, and provide insights into how your work can impact trading decisions and risk management.
