The Core Engineering - Quantitative Engineer - Associate / Vice President - London

Location: London, Greater London, England, United Kingdom

Company

Global investment banking, securities, and investment management firm operating through offices worldwide.

What you will do

• Design, implement, and maintain quantitative models, tools, and frameworks for Asset Liability Management, including Net Interest Margin forecasting, Earnings-at-Risk, and funding cost projections.
• Develop stress and scenario analysis across portfolios, products, and legal entities to quantify risk exposures, concentration risks, convexity effects, and vulnerabilities.
• Build behavioural models for deposits and other channels, including non-maturity deposit modelling, deposit beta estimation, repricing lags, and volume flow projections across macroeconomic and interest-rate scenarios.
• Establish backtesting, model performance monitoring, and data quality frameworks to evaluate accuracy, detect model drift, and refine assumptions.
• Uplift models for evolving business needs, maintain documentation and implementation, and support regulatory inquiries and second-line model validation.
• Present balance sheet management analysis clearly to senior managers, committees, and key stakeholders.

Requirements

• Excellent academic background in mathematics, physics, statistics, economics, engineering, or computer science; Masters and PhD qualifications are preferred.
• Strong programming skills in an object-oriented or functional language such as Python, C++, or Java.
• Proven quantitative finance experience focused on Asset Liability Management, funding modelling, behavioural modelling, or balance sheet management.
• Solid understanding of fixed income instruments, interest rate derivatives, curve construction methodologies, pricing and hedging strategies, and their application to balance sheet risk management.
• Deep understanding of statistical and econometric modelling techniques, including regression analysis, time-series forecasting, or survival analysis, applied to financial products.
• Excellent written, verbal, and team-oriented communication skills, with the ability to explain complex quantitative concepts to non-technical stakeholders.
• Ability to work independently and thrive in a collaborative, global team environment.

Nice to have

• Experience using AI-based tools in development.

Culture & Benefits

• Collaborative environment involving Corporate Treasury, the CFO, business divisions, Controllers, Operations, and Investor Relations.
• Training and development opportunities and firmwide professional networks.
• Benefits, wellness, personal finance offerings, and mindfulness programs.
• Commitment to diversity, inclusion, equal opportunity, and reasonable accommodations during recruitment.