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Director - equity derivatives and hybrids quant modeler

London
Barclays
Director
€80,000 a year
Posted: 19 January
Offer description

Essential skills

* PhD or master’s degree in financial mathematics, Mathematics or Physics.
* Prior experience developing and/or implementing Equity Derivatives models and hybrids (ideally). Strong knowledge of exotics models for other asset classes can also be considered.
* Provide expert advice to senior stakeholders on modelling topics, anticipating issues and weighing advantages and disadvantages of choices leading to models’ assumptions and limitations.
* Solid modelling skills (Python essential and optionally C++).


Desirable skills

* Exceptional precision and attention to detail
* Excellent oral and written communication skills
* Demonstrate best in class professional integrity

Join us in the role of Equity Derivatives and Hybrids Quant Modeler (Model Integrity and Control), where you will be responsible for presenting 1st line challenge to current models and assess impacts of models assumptions and limitations. In this role you will focus on model assessment, increasing testing coverage, automation, and steer governance for Equity Derivatives models, with an emphasis on collaboration with quant developers, validators, and key stakeholders across the model lifecycle.


Purpose of the role

Provide an effective challenge to models by assessing the impact of their assumptions and limitations, focusing on the accuracy and robustness of the models. Explore alternative approaches to mitigate these limitations and evolve trading, risk management platforms.


Accountabilities

* Review models and documentation to provide guidance on their design. Implement, run and analyse performance tests using production C++ libraries and Python, while writing high-quality documentation and automating tasks.
* Collaboration with traders, strategists, and stakeholders to gather requirements and translate them into scalable and efficient technological solutions.
* Implementation of new features, enhancements, and functionalities on trading platforms to improve performance, reliability, and user experience.
* Stay updated on technological advancements, industry trends, and best practices to drive innovation and continuous improvement in trading platforms.
* Collaboration with cross-functional teams including business aligned SM&D teams, strats, compliance, and IT to address system issues and implement solutions.
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