Contract Quantitative Developer (C++) – FICC Front Office (London)

Role Overview

Fixed Income, Currencies & Commodities (FICC) Quants within Global Banking and Markets are seeking a C++ Quantitative Developer specialising in Rates and Credit Derivatives. The role focuses on the development and support of pricing, risk, and P&L infrastructure around a core quantitative pricing library, working closely with quantitative modellers, trading desks, risk, finance, and technology teams. This is a hands-on development role combining pricing system engineering, risk infrastructure, and production support in a fast-paced front-office environment.

Key Responsibilities
*Support the design and implementation of pricing, risk, and P&L infrastructure around the core pricing library
*Assist quantitative modellers in developing and maintaining the core pricing library
*Develop quantitative tooling supporting the broader platform
*Provide daily support for pricing and risk issues within quant libraries
*Design, develop, and integrate intraday pricing, risk, and P&L calculations
*Build and maintain end-of-day risk and P&L systems, supporting migration away from legacy vendor platforms
*Design and integrate market data pipelines
*Work closely with trading desks, quants, risk, finance, and technology teams across global locations
Essential Requirements

Experience *3–7 years’ experience as a Quantitative Developer, IT Developer, or in a trading environment
*Experience working with large quant or pricing libraries
*Strong C++ development experience (5+ years preferred)
*Exposure to financial markets environments (Rates, Credit, FX, or Equities)
Technical Skills *Strong C++ development (preferably modern environments such as Visual Studio 2022)
*Experience with Git, pull requests, peer review, and CI/CD pipelines (e.g. Jenkins)
*Understanding of Windows and/or UNIX/Linux environments
*Familiarity with automated testing and development workflows
Quant / Product Knowledge *Understanding of derivatives pricing models used in investment banking
*Knowledge of interest rate swaps and basic bootstrapping techniques
*Understanding of risk sensitivities, stress/shock scenarios, VaR, ES
*Awareness of P&L explain and attribution concepts
*General understanding of trading, pricing, and risk relationships
Education *Degree in Mathematics, Physics, Engineering, Computer Science or related scientific discipline
*Strong academic background preferred (top-tier university advantageous)
Desirable Skills *Knowledge of distributed computing and serialisation techniques
*Experience with scripting languages (Python, Perl, Shell, C#, Java, VBA)
*Cross-platform C++ development experience
*Good Excel skills
*Experience in data analysis
*Familiarity with fast-paced, multi-tasking development environments
Soft Skills *Strong act with traders and quants
*Ability to handle reactive production support and day-to-day issues
*Quick learner, able to work across legacy and modern codebases
*Comfortable working in a front-line, high-pressure environment
*Pragmatic mindset with understanding of business context behind development work