At a Glance
- Tasks: Develop and enhance quantitative models for exotic equity derivatives pricing and risk management.
- Company: Leading hedge fund with a global presence and innovative strategies.
- Benefits: Market-leading salary, bonuses, healthcare, pension, and 25 days annual leave.
- Other info: Incredible career progression and opportunities to collaborate with top talent.
- Why this job: Join a fast-growing team and make a real impact in the finance world.
- Qualifications: 5+ years in quantitative modelling, strong C++ skills, and knowledge of volatility models.
The predicted salary is between 85500 - 104500 £ per year.
The Client
My client is a market leading hedge fund with offices in NYC and London and satellites across the U.S., Europe and Asia. They operate across a broad range of derivatives-based strategies with a deep understanding of volatility, and have circa $12 billion in AUM. They are currently expanding their offering to cover the Exotic Equity Derivatives market, and as such are looking for an experienced Quant to play a key role in modelling and pricing these instruments.
What You'll Get
- An opportunity to work in one of the most exciting and fast growing buy-side businesses in the world.
- An opportunity to join a strong team with a very high talent density presenting lots of opportunity for learning and development.
- Incredible career progression opportunities with potential access to all areas of the business.
- A market leading compensation package including basic salary and annual bonus.
- Benefits including a pension contribution, healthcare, life assurance and 25 days annual leave.
What You'll Do
The role will focus on developing, implementing, and enhancing new quantitative models for pricing, hedging, and risk management of exotic equity derivatives. They will be looking for expertise in some (not all) of the following: Correlation products, Long Volatility / Tail Hedging, Option Volatility RV, Options Payoff Skew / Barrier products, Structured / Scripted Payoffs, Risk Recycling and Equity Replacement Strategies.
Further to this you will be responsible for:
- Contributing to the development and enhancement of their pricing libraries, written in C++, and building trading tools in Python.
- Collaborating with Portfolio Managers to translate quantitative insights into actionable trades.
- Performing post-trade analysis, model performance attribution, and ongoing strategy refinement.
- Optimising computational performance for real-time or near-real-time decision-making.
- Staying at the forefront of academic and market developments in derivatives, volatility, and quantitative finance.
What You'll Need
- 5+ years of experience with quantitative modelling and pricing of exotic equity products and scripted payoffs (ex. BLAN).
- Working knowledge of different volatility models (Local Volatility, Local Stochastic Volatility, Parametric Implied Volatility).
- Experience implementing high-performance Monte Carlo engines for complex path-dependent payoffs and exotic derivatives.
- Ability to communicate efficiently and concisely in writing and verbally.
- Strong programming skills in C++ and proficiency in at least one other modern programming language (Python, Java, JavaScript, etc.).
Quantitative Analyst - Exotic Equity Derivatives - Hedge Fund in City of London employer: Tempest Vane Partners
Tempest Vane Partners is an exceptional employer, offering a dynamic work culture that fosters innovation and collaboration among high-calibre professionals. Located in the heart of London, employees benefit from a vibrant city atmosphere while enjoying opportunities for personal and professional growth through cutting-edge projects in cloud-native infrastructure and automation. With a strong emphasis on teamwork and continuous learning, this role provides a meaningful and rewarding experience in a fast-paced investment management environment.
StudySmarter Expert Advice🤫
We think this is how you could land Quantitative Analyst - Exotic Equity Derivatives - Hedge Fund in City of London
✨Tap into Campus Networks
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We think you need these skills to ace Quantitative Analyst - Exotic Equity Derivatives - Hedge Fund in City of London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Tempest Vane Partners.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Tempest Vane Partners's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Tempest Vane Partners
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Tempest Vane Partners.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Tempest Vane Partners will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Tempest Vane Partners employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
