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Budapest, Hungary
2026-06-10
Phi Partners
Eastern Europe
Quantitative Developer (Graduates & Early Career Professionals)
Role Description
**About Phi Partners**
Phi Partners has been a trusted capital markets consultancy for more than 20 years, providing quantitative and technology expertise across front office, pricing and risk. We support more than 80 financial institutions across the buy-side and sell-side through niche capabilities spanning quant, engineering, vendor platforms and cloud infrastructure. Our teams work on complex, real-world problems across models, analytics, applications, data and cloud infrastructure, within an international delivery organisation built around regional hubs and specialist centres of excellence.
Phi Partners has nearshore Centres-of-Excellence which are specialised in respective ‘Lines of Business’ (LoBs). Our brand-new Budapest Centre-of-Excellence, located in Bank Centre in Old Town, is our latest addition to our Quantitative, Front Office \& Risk Technology Services global teams.
Our consultants will have the opportunity to be mentored by well-known industry-leading professionals based in Budapest and abroad, and work for a variety of top-tier clients including the world’s largest Investment Banks, Asset Management Companies, and market-leading Hedge Funds. We support organic talent growth in Hungary, as well as facilitate Quant Developers and Front Office Technologists \& Engineers who have worked abroad to relocate to Hungary.
**About The Programme**
As part of our partnerships with various clients, we are currently expanding our quant teams to keep pace with the rapid growth in this business. Our consultants gain exposure to a variety of projects across asset classes as well as coverage areas (such as front office, pricing \& analytics, risk and more), with each project typically taking 12 to 18 months. As a firm we engage in a wide range of quant services including but not limited to:
* Model integration into quant libraries as well as quant library upgrades / refactoring
* Quantitative development, which includes refining and optimizing the code base for performance
* Front office rapid application development and engineering, including directly supporting the trading desks
* IT and Engineering work such as improving the backend infrastructure and computation platforms
Roles \& Responsibilities
Our projects will involve practical implementation of the pricing or risk models into sophisticated quant libraries as well as extensive IT/Technology scope.
You will get the opportunity to work closely with fellow quant developers, model developers, quant analysts, library quants, front office IT engineers and other stakeholders. On a day-to-day basis, a quant developer consultant in our Centre of Excellence will work on projects which involve:
* Integrating pricing models and quant libraries into highly connected IT systems of our clients
* Close collaboration with all the Quants, Quant Developers and Software Engineers within Front Office IT (including those from within Phi as well as those from the client’s team)
* Developing frameworks and architecture for implementing financial product models into the quantitative library in a robust and suitable manner for their intended purposes
* Implementing efficient algorithms to preprocess and manipulate large volumes of data, ensuring data integrity and consistency
* Writing clean, well-documented, and efficient code in Python, C\+\+, C#, Java or other coding languages
* Working on complex computation and software engineering challenges
* Building and/or scaling real-time, multithreaded applications on a distributed architecture using synchronous and asynchronous programming techniques
Key Skills
To be successful as a Quant Developer, the ideal candidate will bring the following skills:
* Educational qualifications in a discipline such as computer science, software or IT engineering, applied mathematics, quantitative finance, physics, or similar fields; Masters’ or above highly preferred
* Experience (including Internships) working on software development projects, ideally as a Quantitative Developer or IT Quant at an investment bank, hedge fund, specialist consulting firm or financial institution; relevant personal projects are also of interest
* Excellent programming skills in Python, C\+\+, C# or Java (Object Oriented and Functional)
* Writing clean code using SOLID principles
* Willingness to work in Agile software development environments
* Strong consultancy and client services mindset
* Proven track record of working with international stakeholders
* Good documentation and communication skills
* English proficiency is a must
Next Steps
This is an excellent opportunity to establish yourself within a rapidly expanding consultancy firm in a high growth Quantitative Centre of Excellence led by recognised industry leaders, built on a foundation rooted in academic rigour and a culture of R\&D and software engineering best practices. The right professional can grow their skills and abilities while continuing to actively contribute in a hands-on technical manner on challenging global projects.
Graduates \& Young Professionals are encouraged to apply but note that we may recommend an Internship/Graduate Program position if it is more appropriate.