Quantitative Analyst - Director (Equity Derivatives)

Director, Quantitative Analyst (Equity Derivatives - Exotics)

A leading global investment bank is seeking an experienced Director-level Quantitative Analyst to join its Equity Derivatives business, specialising in exotic products. This is a senior, front-office role with direct impact on pricing, modelling, and trading strategy.

The Opportunity

You will play a key role in developing and enhancing quantitative models for complex equity derivatives, working closely with traders, structurers, and technology teams. The position offers exposure to cutting-edge modelling challenges across exotic payoffs and structured products within a high-performing, global platform.

Key Responsibilities

• Develop and implement advanced pricing models for equity derivatives, with a focus on exotic structures
• Enhance and maintain libraries for pricing, risk, and hedging of complex products
• Partner directly with trading desks and structuring teams to deliver quantitative solutions
• Analyse model performance, calibrate to market data, and ensure robust risk management frameworks
• Contribute to the evolution of model architecture, analytics, and trading tools
• Support model governance, validation, and regulatory requirements where applicable

Requirements

• Advanced degree (PhD/MSc) in Mathematics, Physics, Engineering, or a highly quantitative discipline
• Significant experience within equity derivatives modelling, ideally with a focus on exotics
• Strong understanding of:
  • Stochastic calculus, PDEs, and numerical methods
  • Volatility modelling (local vol, stochastic vol, hybrid models)
• Proficiency in Python and/or C++, with experience developing production-quality code
• Proven ability to work closely with front-office stakeholders in a trading environment

Desirable

• Experience with structured products (e.g. autocallables, barrier options, hybrids)
• Knowledge of XVA, risk modelling, or cross-asset derivatives
• Prior leadership or mentoring experience at a senior level

Why Apply

• Senior, high-impact role within a top-tier global investment bank
• Direct engagement with front-office trading and structuring teams
• Work on complex, high-value exotic products
• Highly competitive compensation (base + bonus) with strong long-term progression