Pricing and Risk Development Lead – Trading Technology Location: London Function: Trading Technology / Pricing & Risk Systems Reports To: Head of Development – Trading Technology Type: Full-Time, Permanent (onsite) This global trading and investment firm is a major player in physical and financial commodities, with a strong presence across oil, power, gas, and related derivatives markets. It operates at scale across the world's major markets, combining quantitative rigour with data-driven decision-making. The environment is fast-paced, technology-led, and focused on constant innovation in analytics and trading systems. Overview The Pricing and Risk Development Lead will be responsible for the engineering and architecture of the firm’s pricing and market risk platform. The role leads a distributed team of quantitative and risk developers, ensuring the delivery of performant, reliable, and scalable analytics solutions used daily by trading and risk management teams. It combines hands-on technical leadership with architectural oversight across the pricing library, risk engines, and data integration layers. This position suits a technically strong, business-aware engineer who can bridge quantitative modelling, large-scale system design, and production reliability. Key Responsibilities Lead design and architecture of bespoke pricing and risk engines, ensuring modularity, scalability, and performance. Manage a global team covering pricing models, calibration, and real-time risk computation. Define and deliver the strategic technology roadmap aligned with business and quantitative priorities. Oversee integrations between pricing models, market data, and risk/P&L analytics pipelines. Drive engineering standards across testing, CI/CD, and automation using Python and AWS-native components. Collaborate with Quant Research, Risk, and Trading to ensure model accuracy, auditability, and production resilience. Provide leadership and mentoring to quant and risk developers, ensuring consistency in design, documentation, and code quality. Technical & Quantitative Skills Deep expertise in Python for large-scale numerical and analytical systems. Strong understanding of risk and pricing computations (VaR, Greeks, sensitivities, stress testing). Proven experience building or maintaining high-performance pricing/risk engines in production. Knowledge of cloud-native architectures (AWS ECS, Lambda, EKS/Kubernetes) and distributed computation. Solid grasp of derivatives pricing, volatility calibration, and Monte Carlo or analytical models. Familiarity with C++, C#, or Java for integration with legacy or high-performance modules is advantageous. Leadership & Experience 10–15 years of experience in pricing, risk, or quantitative development within trading or investment environments. At least five years leading technical or quantitative teams. Track record of delivering enterprise-grade analytics systems supporting front-office trading. Strong communicator, able to translate complex technical topics to senior stakeholders and steer technical discussions. Background in commodities is highly desirable; multi-asset experience (equities, FX, credit) a plus. Education Advanced degree (Master’s or PhD) in Computer Science, Mathematics, Physics, or a related quantitative discipline. Why This Role Matters This role shapes the next generation of pricing and risk architecture supporting global trading activity. It’s a key leadership post for someone who wants to combine deep technical execution with strategic impact — ensuring the firm’s analytical foundations remain robust, efficient, and ahead of the market.