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Associate/ Senior Associate, Quantitative Modeling and Strategies

Jobs via eFinancialCareers
City of London
1 week ago
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Associate / Senior Associate, Quantitative Modeling and Strategies

Join the Quantitative Modelling and Strategies (QMS) Group in PGIM Fixed Income to research and develop strategic and tactical asset allocation models, portfolio construction algorithms, and global multi‑factor risk models across all major fixed‑income markets. The team models credit, interest rate, and foreign‑exchange risks and works closely with portfolio managers, traders, risk management, structured finance research, and application development.


Location: London, United Kingdom


What You Will Do:



  • Design analytical solutions to business needs in an asset‑management environment.
  • Engage portfolio and risk managers to understand business requirements and collaborate on model research and development.
  • Design and develop state‑of‑the‑art financial analytics platform in Python.
  • Opportunity to learn, contribute and lead; bring innovative ideas and foster entrepreneurship.

What You Can Expect:



  • Collaborative environment with portfolio managers, traders and risk teams across global fixed‑income markets.
  • Hands‑on development of advanced models and risk tools.
  • Continuous learning and professional growth within PGIM Fixed Income.

What You Will Bring:



  • Minimum bachelor’s degree in a quantitative field from a reputable university.
  • Self‑motivation, intellectual curiosity and strong execution capability.
  • Passion for financial markets and quantitative modeling to improve investment and risk decisions.
  • Strong math foundation and programming experience in Python (or other object‑oriented languages like C++ and Java).

What Will Set You Apart:



  • Outstanding undergraduate performance and/or an advanced degree (PhD preferred) in a quantitative discipline.
  • Deep knowledge of statistical theory and methods (PCA, optimization, classification, regression, etc.).
  • Experience with factor risk, attribution models, structured finance and credit modeling, and Monte Carlo simulation.
  • Demonstrated ability to conduct independent research and contribute in a team setting.
  • Strong communication, presentation, and programming skills.

What We Offer:



  • Private medical insurance with full premium coverage.
  • Annual leave of 25–28 days, increasing with years of service.
  • Retirement savings plan: 10% company contribution plus 5% employer matching.
  • Life assurance and income protection benefits.

PGIM: A global asset manager offering active solutions across all fixed‑income markets, committed to diversity, inclusion, and professional development.


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