Quant Trader

We have an incredible opportunity to join us here at Phoenix Group as a Quant Trader within our Macro Markets team, as part of our Asset Management team. This will be a key role in the function, responsible for leading desk quant for a new and growing team with portfolio management and trading responsibilities.

Context

The Macro Markets team within Phoenix Asset Management (AM) is responsible for the interest rate, inflation and foreign exchange risks on Phoenix's shareholder balance sheet with the expectation to extend activities beyond shareholder. Asset classes cover government bonds and derivatives in GBP and non-GBP. There is a focus on Solvency II driven investment, hedging strategies, portfolio management and implementing derivatives and liquidity solutions.

The team is also responsible for supporting Bulk Purchase Annuity (BPA) origination and facilitating liquid credit trading and illiquid credit investments.

The Role

Key Responsibilities

• Building and maintaining desk tools for portfolio analytics and live trading


• Support with the design of a new team's strategy and vision for analytics and tools


• Ownership and ensuring best practise for the team's code libraries


• Liaising and coordinating with the Quant Engineering team


• Assist Head of Macro Markets in portfolio management activities


• Monitoring quantitatively managed portions of the portfolio


• Engage in trade recommendations and execution
  
  Strong analytical, quantitative and problem-solving skills


• In-depth knowledge of fixed income and derivatives products and markets


• Understanding of inflation modelling preferably including LPI (inflation options)


• Python programming experience including completion of large projects


• Ability to sense check numbers, perform quick "back of the envelope" calculations and build intuition over results


• Portfolio and risk management mindset


• Commercial and transactionally minded, Experienced quantitative analyst working with trading desks or portfolio managers preferably with a rates background.


• Developed tools and models in Python and managed libraries or code bases.


• Rates and inflation modelling across curve construction, volatility and derivative portfolios.


• Assisted in managing or monitoring portfolios.


• Exposure to market facing activities preferable.


Qualifications
Bachelor's degree in a numerical discipline.

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  We want to hire the whole version of you.
  
  We are committed to ensuring that everyone feels accepted and welcome applicants from all backgrounds. If your experience looks different from what we've advertised and you believe that you can bring value to the role, we'd love to hear from you.
  
  We want to be the best place that any of our 7,800 colleagues have ever worked.
  
  We're the UK's largest long-term savings and retirement business. We offer a range of products across our market-leading brands, Standard Life, SunLife, Phoenix Life and ReAssure. Around 1 in 5 people in the UK has a pension with us. We're a FTSE 100 organisation that is tackling key issues such as transitioning our portfolio to net zero by 2050, and we're not done yet.
  
  Salary & Benefits: £100,000 - 150,000 (subject to experience) + asset management bonus, excellent pension scheme, private medical insurance, electric vehicle scheme, 38 days holiday incl. Bank Holidays, plus 12x salary life assurance, career breaks, income protection, 3x volunteering days and much more!