Quant Developer at Quanteam, Canary Wharf London, to £900 per day

£800 - £900 per day
  • Contract Spy
  • Canary Wharf, London E14, UK
  • Jul 09, 2024
Duration not stated Finance Information Technology

Contract Description


Quanteam Group is a Consulting firm specialised in the Capital Markets industry, in Paris, London, Brussels, New York and North Africa.

Since 2007, our 800 consultants provide major clients (Corporate & Investment Banks, Asset Managers, Hedge Funds, Brokers, and Insurance Companies) with expertise in several projects such as Financial Engineering, Quantitative Research, Regulatory Implementation, IT Transformation & Innovation.

The firm mainly takes part in:

  • Business consulting: Quantitative research, Risk management (e.g. Market risk, credit risk, counterparty risk), Banking regulations (e.g. Basel III, Solvency II, FATCA, EMIR, MiFID), Pricing & Valuation, Organisational Transformation & Process Improvement.
  • IT & Information systems consulting: Business Analysis, Project Management, Change management, Front Office Support (functional and technical), Development (e.g., C++, Python, C#, Java, VBA), Financial Software (e.g. Sophis, Murex, Summit, Calypso), IT Transformation & Innovation.

As part of Quanteam Group, Quanteam UK (incorporated in 2010) has today more than 100 consultants, working for major Capital Markets institutions in London.


Equity Derivatives Quants (a division of our client within Global Banking and Markets) are looking for an experienced C++/Python developer specialising in Structured Equity Derivatives with the ability to lead small teams. The candidate will be expected to:

  • Assist the design and implementation of pricing, risk and P&L infrastructure surrounding the core pricing library.
  • Take the lead in delivering large components of that strategy, directing junior members of the team. Working with our IT organisation on their foundation components and ensuring they can run the platform to meet SLAs.
  • Assist the Quantitative Modelers to develop the core pricing library.
  • Direct the development of the Quantitative tooling required to support the platform.

The role will cover the following agendas:

  • Delivery of the calculation infrastructure required for FRTB IMA regulatory reporting.
  • Design and development of end-of-day risk and P&L calculations allowing the retirement of the legacy vendor platform.
  • Design and development of intraday risk and P&L calculations.
  • Design and development of market data marking pipelines.
  • The candidate should expect to have day-to-day interactions with the trading desk, other quants, the Risk and Finance departments, and technology teams. While the role is London based, the team and clients are located globally with presence in London, Paris, Hong-Kong, and Bangalore. Occasional travel may be required.


  • Python proficiency/experience required.
  • Athena experience
  • 7-10 years working as a Quantitative Analyst developing models in quantitative finance, IT development, or a trading environment.
  • A degree in mathematical finance, science, or maths from a top-tier university.
  • Knowledge of the standard pricing models used in the investment banking industry.
  • C++ experience (preferably using Visual Studio 2017).
  • Previously developed coding standards and extensive experience in CI/CD pipelines.
  • Experience of developing multi-component architectures.
  • Knowledge of distributed computing and serialisation techniques.


  • Background in stochastic processes, probability, and numerical analysis. Physics, Engineering, or similar subjects is desirable, but not strictly required.
  • Experience of data analysis.
  • Knowledge of the main instruments used in Equities and Equity Derivatives.
  • Knowledge of instrument pricing, sensitivity calculations, P&L prediction, P&L explain, VaR, ES and other risk measures.
  • Good knowledge of Excel.
  • Ability to work in fast-paced environment with proven ability to handle multiple outputs at one time.