At a Glance
- Tasks: Collaborate with trading teams to enhance pricing and risk models for interest rate products.
- Company: Join a leading financial institution known for innovation and diversity.
- Benefits: Competitive salary, comprehensive benefits, and opportunities for professional growth.
- Why this job: Make an impact in finance by developing cutting-edge analytics and tools.
- Qualifications: Strong background in quantitative fields and proficiency in C++ and Python required.
- Other info: Dynamic work environment in London with excellent career advancement potential.
The predicted salary is between 60000 - 80000 £ per year.
Responsibilities:
- Work closely with Rates Trading and Sales desks to build relationships and understand day-to-day challenges; provide quantitative expertise in pricing, risk models, and hedging for flow rates products, and drive adoption of analytics and risk tools.
- Develop, enhance, and maintain interest rate analytics and model libraries (pricing, risk and curve building) to address trading needs as well as business and regulatory requirements.
- Collaborate with QA teams and technology partners to deliver robust production solutions for risk management, P&L reporting and controls.
- Maintain continuous, enthusiastic interaction with Trading and Sales: respond to issues quickly, investigate and resolve model/market anomalies, and proactively propose and deliver new analytics.
Qualifications:
- Strong academic background in a quantitative field (mathematics, physics, engineering, etc.).
- Proficiency in C++ and Python.
- Strong understanding of interest rate financial products and markets, with demonstrable experience in flow rates; knowledge of rates options products is advantageous.
- Hands-on experience with curve building (multi-curve frameworks, calibration) and applying curves consistently across pricing and risk.
- Practical knowledge of pricing and risk for flow interest rate products (sensitivities/greeks, scenario/curve risks, hedging), and the ability to troubleshoot and explain model behaviour to desk stakeholders.
- In-depth knowledge of the fundamental aspects of quantitative finance and derivative pricing.
- Ability to communicate complex ideas in a fluent and articulate manner.
Location: London
Position type: Full Time
Rates Quantitative Analyst in London employer: UBS
Contact Detail:
UBS Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Rates Quantitative Analyst in London
✨Network Like a Pro
Get out there and connect with folks in the industry! Attend events, join online forums, or even hit up LinkedIn. Building relationships with people in Rates Trading and Sales can give you insights into their day-to-day challenges and might just land you that interview.
✨Show Off Your Skills
When you get the chance to chat with potential employers, make sure to highlight your proficiency in C++ and Python. Share examples of how you've tackled real-world problems using these skills, especially in relation to interest rate products. We want to see your quantitative expertise shine!
✨Be Proactive
Don’t wait for job openings to pop up! Reach out directly to companies you’re interested in, like us at StudySmarter. Express your enthusiasm for the role and share how you can contribute to their analytics and risk tools. A little initiative goes a long way!
✨Prepare for the Technical Grill
Expect some tough questions during interviews, especially about curve building and pricing models. Brush up on your knowledge of sensitivities and greeks, and be ready to explain your thought process clearly. We love candidates who can communicate complex ideas simply!
We think you need these skills to ace Rates Quantitative Analyst in London
Some tips for your application 🫡
Show Your Quantitative Skills: Make sure to highlight your strong academic background in a quantitative field. We want to see how your skills in mathematics, physics, or engineering can contribute to our Rates Trading and Sales desks.
Demonstrate Your Technical Proficiency: Don’t forget to mention your experience with C++ and Python! We’re looking for someone who can develop and enhance our interest rate analytics, so show us what you’ve got in terms of coding skills.
Communicate Clearly: Since you'll be collaborating with various teams, it’s crucial to communicate complex ideas clearly. Use your application to demonstrate how you can articulate intricate concepts in a straightforward manner.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensure it gets into the right hands. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at UBS
✨Know Your Numbers
Brush up on your quantitative skills and be ready to discuss specific models or analytics you've worked on. Make sure you can explain how these relate to interest rate products, as this will show your understanding of the role.
✨Build Relationships
Since the role involves working closely with Trading and Sales desks, think about how you can demonstrate your ability to build relationships. Prepare examples of past experiences where you successfully collaborated with different teams to solve problems.
✨Showcase Your Coding Skills
Be prepared to talk about your proficiency in C++ and Python. You might even be asked to solve a coding problem on the spot, so practice common algorithms or data structures that could be relevant to the role.
✨Communicate Clearly
You’ll need to explain complex ideas to stakeholders who may not have a technical background. Practice articulating your thoughts clearly and concisely, especially when discussing model behaviour or risk management strategies.