Quant Developer (FX) at AQR Capital Management

London, England, United Kingdom

Apply Now

Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Finance, Hedge FundsIndustries

Requirements

Essential: C#, OOP skills, financial products/derivatives
Desirable: Python, VBA & SQL
Strong track record working with the business and delivering solutions from business requirements through to production deployment
Good understanding of risk and familiarity with FX / Equity vol calibration process
Exposure to SABR & SVI model (preferable)
Self-motivated and able to learn quickly
Solid analytical skills
Ability to understand OOP and work efficiently with large data sets
Comfortable with full software development lifecycle and adherence to best practices
Ability to balance rapid BAU change with longer term strategic development

Responsibilities

Building out the firm’s in-house pricing platform and PNL and risk systems
Supporting front office’s ability to manage and structure trades
Enabling risk management group to evaluate risk across the trading book
Developing and enhancing pricing and risk analytics
Providing desktop and web front end clients as well as a pricing platform consumed through Excel and Python
Working closely with front office FX & Equities Volatility Arbitrage business on systematic strategies
Implementing back testing trading strategies
Enhancing risk models across FX & Equities
Working directly on trading desk enhancements

Skills

Key technologies and capabilities for this role

C#PythonExcelSABRSVIFXEquity VolatilityRisk AnalyticsPricing PlatformPNL Systems

Questions & Answers

Common questions about this position

What is the location for this Quant Developer role?

The position is based in London.

What are the essential skills required for this position?

Essential skills include C#, OOP skills, and knowledge of financial products/derivatives. Desirable skills are Python, VBA, and SQL.

What technology stack is used in this role?

The technology stack is predominantly C#, integrating with Excel and Python.

What kind of experience is the company looking for?

They seek a strong track record working with the business, delivering solutions from requirements to production, understanding of risk, familiarity with FX/Equity vol calibration (SABR & SVI preferable), and comfort with the full software development lifecycle.

What is the company culture like for this role?

The role offers a collaborative environment working directly with top traders, technologists, and quant researchers on trading desk enhancements without bureaucracy or politics, in a self-motivated team focused on delivery.

AQR Capital Management

Global investment management firm offering diversified strategies

About AQR Capital Management

AQR Capital Management provides investment management services with a focus on technology, data, and behavioral finance. The firm offers a variety of investment strategies that are based on a consistent set of principles, aiming to achieve long-term and repeatable results. AQR works primarily with institutional investors such as pension funds, insurance companies, and sovereign wealth funds, as well as financial advisors and their clients. Their investment approach combines both qualitative and quantitative methods to carefully design and test investment models. AQR differentiates itself by applying systematic and well-thought-out investment solutions that enhance portfolio construction, risk management, and trading. The company's goal is to deliver value through effective asset management while generating revenue from management and performance fees on the assets they oversee.

Greenwich, ConnecticutHeadquarters

1998Year Founded

VENTURE_UNKNOWNCompany Stage

Quantitative Finance, Financial ServicesIndustries

501-1,000Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Retirement Plan

Paid Vacation

Risks

Increased competition from quantitative firms may erode AQR's market share.

The rise of passive strategies like ETFs could impact demand for AQR's services.

Regulatory scrutiny on quantitative trading could increase compliance costs for AQR.

Differentiation

AQR integrates financial theory with practical application for superior investment results.

The firm uses quantitative tools to process fundamental information and manage risk.

AQR's systematic approach aligns with the growing trend of factor investing.

Upsides

AQR can leverage ESG factors in their quantitative models to meet rising demand.

Machine learning advancements enhance AQR's data analysis and predictive modeling capabilities.

AQR can capitalize on personalized investment solutions with their quantitative tools.

Land your dream remote job 3x faster with AI

Try Jobo Free