Lloyds Banking Group is the UK's leading Digital Bank serving more than 26 million customers and 1 million businesses. With over 16 million customers banking online, the Group continues its fast-paced digital transformation through adoption of new technologies and agile practices to transform the way Britain Banks.
We're looking for an Associate Director level Quantitative Analyst to join the front-office Pricing Models Quantitative Research team with a main focus on Rates.
The gradual decommissioning of the LIBOR benchmarks and their replacement by new Risk Free Rates has crafted the need for new products and models as well as a major rethink of the current ones. As part of this push, you'll be required to work extensively on pricing of new products and the design and maintenance of the associated curves and volatility surfaces. There will be significant modelling as well as software design and development work, as existing frameworks will need adjustments to support the new paradigm. In addition to this strategic project, the candidate will offer support to business activity encompassing Trading, Finance, Risk, regulatory projects and Capital Management.
Specifically the role will involve development within the production in-house Quant Library code base in C++. The candidate will have continuous interaction with the broader quant team, as well as FO Trading, Market Risk, Finance, Project management, Model Validation and IT.
We're committed to building a workforce which reﬂects the diversity of the customers and communities we serve. Join us and be part of an inclusive, values-based culture passionate about making a difference.
We'll ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.