Analyst - Quanteam - #1754465

Role: Quantitative Analyst – Exotic Derivative Model Validation

Location: London – Hybrid working

Full Time Contract – Long Term Engagement via Quanteam UK

Start Date: ASAP

Key Responsibilities:

• Develop and validate pricing and risk models for exotic derivatives across asset classes (e.g. equity, FX, rates, credit).
• Perform model performance testing, documentation, and challenge front-office models as part of the model risk team.
• Collaborate with traders, quants, and risk teams to ensure model robustness.
• Use advanced numerical techniques (e.g., PDEs, Monte Carlo, Finite Difference) for pricing complex instruments.
  
  
  

Required Skills:

• Strong experience in building or validating exotic derivative pricing models.
• Familiarity with models such as Heston, SABR, Hull-White, Local Volatility, LMM, etc.
• Proficiency in Python, C++, or similar for model implementation and prototyping.
• Strong understanding of stochastic calculus, numerical methods, and derivative pricing theory.
• MSc/PhD in Mathematics, Quant Finance, Physics, or similar.
  
  
  

Nice to Have:

• Experience with model risk governance or regulatory frameworks (e.g. FRTB, SR11-7).
• Exposure to pricing systems (e.g., Numerix, Murex, internal quant libraries).
• Knowledge of counterparty credit risk (XVA) is a plus.
  
  
  

Who We Are

Quanteam Group is a Consulting firm specialized in the Capital Markets industry, in Paris, London, Krakow, 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, Organizational 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 & PL has today more than 80 consultants, working for major Capital Markets institutions in London and Krakow.