Quant Analyst - Rates

Rates Quantitative Analyst

£850-£900pd Inside IR35

5 days on site London

Initial 6 months rolling project

emagine is a high-end professional services consultancy and solutions firm specialising in providing business and technology services to the financial services sector. We power progress, solve challenges, and deliver real results through tailored high-end consulting services and solutions.

We have created a culture of openness and integrity by building genuine and strong relationships and partnerships, enabling us to be uncompromising in our dedication to delivering the optimal service for our clients. Our commitment is not just towards our clients — we aim to foster a positive and equitable working environment with our consultants and colleagues, which stems from our core values: Confident, Dedicated, Responsible, Genuine.

We are seeking a highly skilled Quantitative Analyst with strong Rates expertise to join a leading financial services organisation. This role is ideal for a quantitative professional with deep experience in modelling, pricing, and risk, combined with strong programming skills in Python and C++.

You will play a key role in the enhancement and extension of a core Quant Library, working closely with traders, quants, and risk teams to support pricing, valuation adjustments, and model validation across the Rates business.

• Develop, maintain, and enhance quantitative models within the Rates domain

• Contribute to the design, build, and performance optimisation of the Quant Library

• Implement, calibrate, and maintain SABR models (volatility and VAR)

• Partner closely with front-office quants and technology teams to deliver scalable, robust solutions

• Support risk and P&L teams with pricing, sensitivities, and model validation activities

• Strong academic background in a quantitative discipline (Mathematics, Physics, Engineering, or similar)

• Proven experience as a Quantitative Analyst / Quant Developer within a Rates environment

• Strong programming skills in Python and C++

• Hands-on experience with SABR modelling and VAR frameworks

• Solid understanding of derivatives pricing, stochastic calculus, and risk management

• Experience designing, building, or analysing large-scale quantitative libraries

Our People

The ideal consultants will share our values and be aligned with our ways of working. As your career progresses, you can expect to work across all areas of the project lifecycle, from strategy to implementation. This will provide you with a broad base of experience from which to build an outstanding career.

The ideal consultants will share our values and be aligned with our ways of working and as your career progresses, you can expect to work across all areas of the project lifecycle.

We pride ourselves on;

• Providing our people with a supportive culture, rooted in our values and driven by our purpose.

• Promoting a culture of inclusion, collaboration, well-being, and learning and development.

• Providing increased agility and flexibility within our hybrid working model

• Investing in employees’ growth through ongoing training and development

• Autonomy to take ownership of projects, making decisions and demonstrating individual expertise

• Providing an transparent performance and career management experience.

Our consultants are integral to delivering successful consulting engagements, addressing our clients’ most pressing business challenges, and build lasting value in disciplines such as:

• Solve sophisticated, ambiguous business, change and technology problems, bringing structure and meticulous analysis and planning, acting, and taking decisions with little strategic direction

• Build, develop and sustain trusted senior client relationships in the C-suite by remaining highly attuned to client needs

• Drive, enable and support the business, partnering with our leaders, clients, and consultants across our practices to take the best of emagine to our clients through opportunity identification/qualification, solution development/presentation

Interested?

At emagine, we are committed to building an international and diverse team by embracing our different backgrounds.

If you are up to the challenge and would like to find out more, get in touch with us immediately, our internal recruitment team is always keen to hear from dynamic individuals that are looking to further their career and explore their full potential. 

“emagine is an equal opportunity employer, and employment practices are based strictly on merit. It is the policy of the Company to give equal opportunity in employment regardless of sex, sexual orientation, marital status, race, age, disability, gender reassignment, pregnancy and maternity, religion or ethnic origin”