Quantitative Researcher FX

Salary: £36,000 - 76,000 per year

Requirements:

• 2+ years of experience in FX market modelling conventions and derivatives; exotics preferred
• Experience working with exotic models for single or multi-asset products; Local Stochastic Volatility and Local Correlation preferred but not essential
• Strong knowledge in at least one of the main numerical methods: Monte Carlo, Finite Differences, or Finite Elements
• Modern C++ professional programming experience preferred
• Experience supporting traders or portfolio managers with regular questions such as PnL/risk explain and/or pre-trade analysis tools
• Strong analytical and mathematical skills
• Strong problem-solving capabilities
• Excellence-driven, detail-oriented, and organized
• Thoroughness and strong ownership of work
• Solid communication skills

Responsibilities:

• Work closely with quants in London, Geneva, and New York to maintain and develop our cross-asset pricing and risk library
• Work with the business and other quants to deliver cutting-edge Foreign Exchange-specific pre-trade, pricing, and risk analytics tools

Technologies:

• Support
• Quant
• C++

More:

We are Millennium, a top-tier global hedge fund with a strong commitment to leveraging innovations in technology and data science to solve complex problems for the business. We are building our next-generation in-house analytics and trader support tools through our Quant Technology team, which sits within our Fixed Income & Commodities Technology (FICT) group. We develop and maintain in-house pricing libraries that support trading across Fixed Income, Commodities, Credit, and FX. FICT offers a dynamic, fast-paced environment with excellent growth opportunities.

last updated 35 week of 2026