Quantitative Analyst (Quant)

About the Role

Our client, a prominent financial services firm in Manchester , is seeking an exceptional Quantitative Analyst (Quant) to join their cutting-edge risk management and trading strategies division. This role involves developing, implementing, and back-testing sophisticated mathematical models for pricing complex derivatives, managing risk, and optimizing trading portfolios. You will collaborate with traders, portfolio managers, and technologists to drive innovation and ensure the firm's competitive edge in rapidly evolving markets. The ideal candidate will possess a strong academic background in a quantitative discipline and a passion for applying advanced statistical and computational methods to solve real-world financial problems.

Key Responsibilities

• Design, develop, and implement pricing and risk models for various financial instruments.
• Perform statistical analysis and back-testing of trading strategies and risk models.
• Collaborate with software engineers to deploy models into production trading systems.
• Analyze market data to identify patterns, trends, and opportunities for alpha generation.
• Contribute to the quantitative research efforts of the firm, staying abreast of academic advancements and industry best practices.
• Validate and document model performance and risk characteristics.

Requirements

• Master's or PhD degree in a quantitative field such as Mathematics, Physics, Computer Science, Statistics, or Financial Engineering.
• Proven experience in quantitative finance, including model development and implementation.
• Strong programming skills in languages like Python, C++, or R, with experience in relevant libraries (e.g., NumPy, SciPy, Pandas).
• Deep understanding of stochastic calculus, probability theory, time series analysis, and statistical modeling.
• Familiarity with financial markets, derivatives pricing, and risk management principles.

Benefits

• Highly competitive salary with significant bonus potential linked to individual and firm performance.
• Fully remote working arrangement offering maximum flexibility.
• Comprehensive health, dental, and vision insurance plans.
• Generous employer-matched pension contributions.
• Opportunities for advanced research, conference attendance, and publication.