Quantitative Trading & Research - Rates Quantitative Trader - Analyst or Associate

Role overview

Job responsibilities

• Design, build and operate production systematic swaps trading components for pricing, risk projection, hedging and execution, from design through deployment, monitoring and incident resolution.
• Build research and data infrastructure, including backtesting, simulation, signal and feature pipelines, and reproducible analysis of large historical datasets.
• Move models and strategies from prototype to production and ensure they are tested, monitored and consistent with research behaviour.
• Analyze trading data to find patterns, inefficiencies and revenue opportunities and improve pricing, hedging and execution.
• Research, backtest and calibrate quantitative models and trading strategies; expand shared modeling, analytics and automation libraries.
• Support live trading systems, investigate issues and improve monitoring and controls.

Required qualifications and skills

• Degree in computer science, mathematics, physics, engineering or another quantitative field.
• Relevant full-time experience in systematic trading, software engineering, quantitative development or a comparable technical role.
• Strong production object-oriented programming in Java or C++ and Python proficiency for research and data analysis.
• End-to-end software ownership covering design, testing, deployment and operation of live systems.
• Knowledge of probability, statistics and advanced data analysis techniques.
• Attention to detail, adaptability, drive, collaboration and active interest in markets and quantitative trading.

Preferred qualifications

• Prior Rates market experience, including swaps, cash or futures, is preferred.
• Experience with electronic or automated trading systems, such as market data, pricing, order management or pre-trade risk controls, is preferred.
• Experience with large-scale datasets and performance-sensitive or low-latency systems is preferred.

On-call expectations

• Some on-call time is expected.

Regulatory requirements

• The role includes UK regulated activity; the successful candidate must meet the firm's fitness, propriety, knowledge and competence requirements and obtain FCA and/or PRA approval where applicable.