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Quantitative Analyst (Quant)
- cambridge, cambridgeshire, CB2 1GA, United Kingdom
- Permanent·Hybrid
- Full time
- £90,000 - £90,000 Per Annum
Job Description
About the Role
Our client is seeking a highly skilled Quantitative Analyst (Quant) to join their innovative team in Cambridge , contributing to their sophisticated trading and risk management functions within the banking and finance sector. This role involves developing complex mathematical models for pricing financial derivatives, managing risk, and implementing algorithmic trading strategies. You will work with large datasets and cutting-edge technology to provide quantitative insights that drive strategic decisions and enhance trading performance. This is an excellent opportunity for a mathematically gifted individual to apply their expertise in a challenging and dynamic financial environment.
Key Responsibilities
- Develop and implement pricing models for various financial instruments, including options and fixed income products.
- Design and back-test algorithmic trading strategies and execution algorithms.
- Conduct quantitative risk analysis, including VaR calculations and stress testing.
- Collaborate with traders, portfolio managers, and IT developers to integrate quantitative models into production systems.
- Stay abreast of market developments, new financial instruments, and advancements in quantitative finance.
Requirements
- Advanced degree (MSc or PhD) in a quantitative field such as Mathematics, Physics, Statistics, or Computer Science.
- Proven experience (3+ years) as a Quantitative Analyst or in a similar quantitative role within the financial services industry.
- Strong programming skills in C++, Python, or R, with experience in numerical methods.
- Deep understanding of stochastic calculus, probability theory, and financial derivatives.
- Excellent analytical, problem-solving, and communication skills, with the ability to articulate complex ideas clearly.
Benefits
- A highly competitive salary and a significant annual bonus reflecting market performance and individual contribution.
- Comprehensive health, life insurance, and pension benefits.
- Hybrid working model that combines office-based collaboration in Cambridge with remote flexibility.
- Access to state-of-the-art technology and research resources.
- A stimulating intellectual environment with opportunities for professional growth and innovation.