Equities Quant (Investment Quant)
Madrid
£130,000 - £250,000
Work with top traders in one of the world’s most sophisticated equity trading environments- while based in Madrid.
Here you’ll get elite hedge fund exposure and tackle real-world equity problems (corporate actions, theta estimation, dividend impacts on IV) that blend derivatives pricing with cash equity microstructure. You’ll also enjoy London-level salaries, but with the lifestyle benefits of being Madrid-based.
And there’s plenty of ownership too. This is a space where your models, tools and analytics will directly shape trading decisions and influence PnL.
What you’ll do
- Support the equity trading team by building quantitative tools, models and analytics that improve pricing, risk understanding and trading decisions across both equity derivatives and cash equities.
- In practice, you’ll act as a technical partner to traders, helping them interpret data, value positions and manage portfolios more effectively. The role bridges quantitative modelling, market understanding and real trading activity.
- A simple way to think about it: The trader decides what to trade, and you build the analytical framework that helps them price it, hedge it and understand the risks. In this particular case, the focus is becoming more equity-driven, meaning you need strong intuition around cash equities, equity fundamentals and how derivatives behave around corporate actions (dividends, stock splits, etc.), not just pure derivatives pricing.
What you’ll need
- STEM degree (Mathematics, Physics, Engineering, Computer Science, Statistics) from a top university, ideally Master's or PhD level.
- Exceptional mathematical skills: Proficiency in calculus, linear algebra, probability, statistics, and stochastic processes - essential for derivatives pricing, risk modelling, and data analysis.
- Programming expertise: Strong in Python (for data/modelling), C++ (for performance-critical tools), or similar; ability to build production-grade quant tools and handle large datasets.
- Equity market knowledge: Hands-on experience with equity derivatives (options, swaps) and cash equities (fundamentals, microstructure, corporate actions like splits/dividends).
- Relevant quant/trading support exposure: 2+ years in hedge funds, prop trading, investment banks, or similar - ideally in equities-focused roles (pricing, PnL, hedging tools).
About the company A leading London multi-strategy hedge fund known for quant-driven excellence across strategies. Expanding its equity investments team now.
Please click the ‘Apply’ button.