Rates Desk Strategist - London

London, London
15 Feb 2018
15 Mar 2018
Contract Type
Full Time
Rates Desk Strategist

Client is a leading Tier 1 Investment Bank, is looking for a Rates Desk Strategist to join their securities business. This person will work across pricing, quantitative research and technology for the front office rates trading desk. Candidates must be MSc/PhD educated in a numerate discipline and have strong mathematics and statistics knowledge across monte carlo, stochastic calculus etc. Rates product knowledge ideal but not essential for the right candidate.


Are you interested in solving complex quantitative problems with a real world impact? We are looking to make a mid/Senior-level hire in our Desk Strategist team, working with the European Fixed Income trading business. Our business trades Credit Index, Rates, JPY, Options, Bonds, Tranches, Hybrids, and Bond ETFs / TRS. The role requires capabilities in modelling and statistical analysis, software development, risk and trade analysis, machine learning/data science modelling and capital analysis. We are a front office team, working with trading and sales in a dynamic and pressured environment.


The Securities divisions' core value is building strong relationships with our institutional clients, which include corporations, financial service providers, and fund managers. We help them buy and sell financial products on exchanges around the world, raise funding, and manage risk. This is a dynamic, entrepreneurial team with a passion for the markets, with individuals who thrive in fast-paced, changing environments and are energized by a bustling trading floor. The Strats business unit is a world leader in developing quantitative and technological expertise to solve complex business problems. Working within the firm's trading, sales, banking and investment management divisions, strats use their mathematical and scientific training to create financial products, advise clients on transactions, measure risk, and identify market opportunities.


* Working with trading desk team to price transactions and manage risk in the front office
* Optimizing the deployment of capital within the business
* You will work on sophisticated mathematical models and trading strategies
* Developing new financial models for rates trading
* Building and maintaining a complete trading and risk management platform
* Assisting in the marketing and structuring of transactions where substantial analytics or infrastructure are required
* Assisting in Firmwide Strategies initiatives

Basic Qualifications

Undergraduate Degree in a quantitative subject, e.g. math, physics, finance, computer science.

1 Stochastic calculus and derivatives pricing
2 Quantitative Research
3 Software development in finance-related field
4 Machine learning / data science

Preferred Qualifications

Good Knowledge of financial derivatives and statistics
Advanced degree in related field
Proficiency in C++, Python, Java
At least 3 (2 minimum) + years' experience in Rates or related field