Quantitative Trader

Overview

In this role you will join Quant Capital as a STIR Futures Trader within a high-profile IR derivatives desk. You will oversee a Relative Value trading strategy, manage risk and positions, and help drive model performance and capital efficiency. The role involves collaborating in a calm, tech-forward, open culture with a 24-hour trading setup and close interaction with cross-functional teams. A key hook is the exposure to cutting-edge infrastructure and generous P&L sharing in a supportive, fast-moving environment.

Pay / Benefits

• market leading PnL share
• transparent costs
• paid permanent role
• established team
• calm, open culture
• strong infrastructure

Responsibilities

• Set, monitor and adjust Relative Value trading parameters
• Manage trading risk and positions in STIR Futures
• Evaluate models’ performance and maximize return on capital
• Optimize desk participation in exchange market maker programs
• Teach strategies to other traders on the team
• Support a 24-hour trading team and provide redundancy within the Rates business unit

Key requirements

• Experience in a Bank, Fund or Prop Shop on a successful trading team
• 4 years of STIR Futures trading
• Relative Value modelling and trading
• Python programming
• Academic background to match
• Strong macro experience
• Fixed Income knowledge, ideally IR Derivs or specific rates

• Team collaboration and communication
• Ability to think clearly under pressure
• Comfort in a relaxed, open culture
• Python programming
• Relative Value modelling
• Fixed Income / IR Derivatives knowledge

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