At a Glance
- Tasks: Build a cutting-edge OTC derivative pricing system from scratch using advanced Java techniques.
- Company: Join a leading financial technology firm in Canary Wharf, London.
- Benefits: 12-month contract, hybrid work model, and opportunities for professional growth.
- Other info: Ideal for those seeking a challenging role with no management responsibilities.
- Why this job: Be part of an elite team and make a significant impact in the finance tech space.
- Qualifications: Mastery in Java and deep knowledge of complex derivatives required.
The predicted salary is between 70000 - 90000 £ per year.
Location: London, UK (Canary Wharf)
Engagement: 12-Month Contract | Hybrid (3 days/week in office)
Level: Distinguished Engineer
The Mission
Join an elite team to build a sophisticated OTC derivative pricing system entirely from scratch using an open-source library architecture. We are looking for an exceptional, hands-on practitioner who can dissect academic research papers and build production-grade, numerically intensive execution engines from the ground up. Note: This is a pure individual contributor (IC) role with zero people-management or advisory-only responsibilities. You must hit the ground running on day one.
Core Responsibilities
- Greenfield Ownership: Design, code, calibrate, and roll out pricing and risk frameworks for complex OTC derivatives from scratch.
- Numerical Frameworks: Implement robust Monte Carlo methods, Tree/lattice methods, and PDE approaches.
- Curve Engineering: Manage multi-curve setups, sophisticated interpolation, and bootstrapping frameworks.
- Deep Validation: Fully understand, explain, and validate every model output and underlying number under intense technical scrutiny (no high-level A/B testing).
Strict Non-Negotiables
- Production Java Mastery: Deep experience writing multi-threaded, memory-optimized, and numerically intensive Java libraries. (Purely Python-focused profiles will not be considered).
- Derivative Product Expertise: Advanced validation and payoff-modeling knowledge of variance swaps, volatility swaps, and knock-in/knock-out barriers.
- Financial Foundations: Faultless, front-to-back mastery of complex financial dates (payment dates, calculation periods, accrual rules, fixings, resets, and cash flows).
- Technical Articulation: Ability to clearly explain and defend your personal choices of numerical methods, library architecture, and production implementation models.
Education
Master's or PhD preferred in Mathematics, Physics, Quantitative Finance, Computer Science, or equivalent elite commercial experience.
Quantitative Developer (232979-1) in London employer: Randstad Technologies Recruitment
At Randstad Technologies, we pride ourselves on fostering a dynamic and innovative work environment that empowers our employees to excel. Located in the vibrant Canary Wharf area of London, we offer a hybrid working model that promotes work-life balance while providing access to cutting-edge projects in quantitative finance. Our commitment to professional development ensures that you will have ample opportunities to grow your skills and advance your career in a supportive and collaborative culture.
Contact Details:
Randstad Technologies Recruitment Recruitment Team
