Job Description

Role Summary:

Join a leading macro hedge fund who are looking for a senior quantitative researcher specializing in interest rate volatility products. This senior role focuses on developing and enhancing pricing and risk models for a broad range of derivatives, working closely with trading teams to support decision-making and strategy execution.

Key Responsibilities:

• Design and implement quantitative models for pricing and managing risk of interest rate volatility products

• Model the behavior of a range of OTC and listed interest rate derivatives, including swaptions, caps/floors, mid-curves, and futures options

• Collaborate with portfolio managers and traders to integrate models into trading strategies

• Contribute to the improvement of analytics tools and infrastructure

• Manage projects with a high degree of autonomy and proactively identify areas for enhancement

Requirements:

• 7+ years of experience in quantitative research or modeling, focused on interest rate volatility

• Deep knowledge of interest rate derivatives (swaptions, caps/floors, mid-curves, CMS spread options, and exchange-traded options)

• Strong programming skills in Python

• Experience working with portfolio managers or willingness to engage directly with front-office teams

• Ability to manage complex projects independently in a fast-paced environment

• Based in London or open to relocation

Benefits:

• Competitive compensation

• Exposure to advanced quantitative research and trading

• Dynamic and collaborative team environment

• Opportunities for continued learning and growth