Quant Developer | Structured Products, Options, Swaps, Pricing | £175,000 + Bonus | Hybrid working
Job details
Quant Developer | Structured Products, Options, Swaps, Pricing | £175,000 + Bonus | Hybrid working Quant developer required for a Trading House who are looking to expand their trading desks by bringing on Foreign Exchange Derivatives. Therefore they are looking to hire a Quant Developer to expand their Structured Products trading platform, treasury system and instruments. As a Quant Developer, you will be expanding their existing Python based library of valuation and risk-management models. Identify and implement possible enhancements. Recommend and develop new models. Provide methodological support to trading desks and other teams. This FX Quant role is paying up to £175,000 + bonus Location: The trading house are based near Covent Garden Hybrid working: The firm typically operate a 2-3 days a week model in the office and 2 days from home. Main responsibilities
- Calibration/estimation of parameters of market price models
- Back-test current market or product models and recommend improvements
- Gather business requirements for the development of new models
- Undertake appropriate basic research leading to the development of prototypes, analyse possible or necessary approximations and determine the most appropriate approach
- Implementation into my clients derivatives trading system, working closely with the Quantitative Development team to ensure seamless integration, and documentation
- Develop ad-hoc ex-system pricing tools to help traders optimize complex deals
- Advise traders and structurers on methodologies and explain models’ behaviour
- Contribution to large-scale software projects, notably trading and pricing systems
- Strong knowledge of Structured Products Trading
- Strong Python to build out a risk modelling system
- Graduate qualification in a quantitative subject (Maths, Physics, Engineering) combined with a postgraduate degree in Mathematical Finance
- Good understanding of option pricing theory and associated numerical methods (Monte Carlo)
- Strong Python to build out a risk modelling system
- Ability to read C++
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