Head of Quantitative Modelling & Pricing Strategies

Head of Quantitative Modelling & Pricing - Systematic Volatility Our client, a top-tier Multi-Strategy Hedge Fund based in the heart of London, is on the lookout for a senior quantitative researcher with a specialty in equity flow derivatives to join their cutting-edge systematic team. In this pivotal role, you will drive innovation by meticulously reviewing and validating volatility models, crafting alternative benchmarks to accurately quantify risk, and ensuring models perform at peak efficiency. Your deep expertise in mathematical models and traded products will be key in identifying and mitigating risks. You'll collaborate closely with Trading, Quants, and Technology teams, fostering strong partnerships. Additionally, you'll lead the charge in designing and implementing a state-of-the-art production pricing framework, equipped with thorough controls and validations, setting new standards for the industry. Responsibilities: Dive deep into the firm’s and third-party’s volatility models, scrutinizing their conceptual foundations, methodologies, and practical applications while uncovering their limitations and uncertainties. Master the mathematical models, implementation techniques, traded products, and the accompanying risks. Measure and manage model risk by creating and benchmarking against alternative models. Continuously monitor and evaluate model performance, ensuring they stay robust and reliable. Build strong relationships with key stakeholders such as Trading, Quants, Market Risk, and Technology teams, fostering collaboration and communication. Collaborate closely with developers to design and launch a cutting-edge production pricing framework with rigorous controls and validations. Requirements & Qualifications: Multiple years of experience working as a Senior Quant Researcher within a propriety trading firm or a Director/ MD at a tier one investment bank focusing on market making or vol pricing. Proven experience in pricing and modeling in equity flow derivatives Proven experience in systematic volatility trading. Demonstrable experience with fitting volatility surfaces in a Model Validation or Quant Research capacity. Excellent mathematical ability with an understanding of Stochastic Calculus, Partial Differential Equations and Numerical Algorithms Experience in calibrating stochastic volatility models. Bachelor's, Master's, or PhD in a quantitative field such as Mathematics, Physics, Statistics, Computer Science, or related fields. Excellent opportunity with a high-performing trading team rewarding package on offer with high growth career progression. For a confidential conversation, please reach out to: lcouronnealgocapitalgroup.com.