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Theia Insights

Quant Engineer: Data Products (Mid-career / Senior)

London
Posted about 22 hours ago
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About the role

Theia Insights builds foundational financial intelligence products, including industry classification, knowledge graphs, and factor risk models, for institutional investors. We serve some of the largest asset managers, hedge funds, index providers, and sell-side banks. As a quant engineer on the Data Products team, you'll build and run the models behind our Thematic Factor Risk Models (TFM): decomposing stock returns into thematic and traditional risk factors, back-testing methodologies, and turning research into daily production output alongside our economics team. The Data Products team owns the data that underpins everything we sell. It's a small, senior group that values correctness and reproducibility over volume, and it sits close to the product leads who shape the methodology.

Reasons to use Rodeo

I’m in my final year doing Economics and I don’t know whether to apply for grad schemes now or do a masters first. What do you think?

Honest answer — it depends on where you want to end up. A lot of top grad schemes (Big 4, civil service, banking) don’t need a masters. Let’s look at the ones you’d be competitive for now, and we can decide if a masters actually adds anything.

Also worth knowing: most autumn 2026 applications are open now. Timing matters more than you think.

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Grad scheme, placement, apprenticeship? Not sure what you want yet — that's fine. Your agent talks it through with you and turns "I have no idea" into a shortlist.

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Graduate Consultant — 2026 Scheme

PwC·London, UK
£35,000/yr

Why you're a good match

Strong

Your economics background and your summer at a regional bank line up with what PwC looks for on the consulting scheme. Applications close in four weeks.

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It searches the market for you

Every day your agent scans the market matching roles against what actually matters to you, not just keywords on a CV.

Why you're a good match

You’ve got the grades and the economics background, and your bank internship is exactly the experience this scheme looks for. Apply soon — deadlines close within the month.

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Strong

Experience fit

Your summer at the bank plus your econometrics coursework map directly to the day-one responsibilities on this scheme — client modelling, market briefings, and deal support.

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Strong

Only hits

No noise. No "maybe this fits." Just roles with a clear explanation of why they're right — and where to focus when applying.

What you'll do

  • Develop statistical models of stock price movements and estimate the performance of thematic trends.
  • Construct and back-test factor risk models, decomposing stock returns into thematic and traditional risk factors.
  • Design and validate signal-generation and portfolio-attribution methodologies in collaboration with the economics team.
  • Make research reproducible, so that any published output can be re-run exactly, including after backfills and restatements.
  • Work with the pipelines team to take modelling decisions into daily production.

Essential

  • Strong production Python.
  • Factor risk models and portfolio attribution in depth: cross-sectional regression, covariance estimation and shrinkage, and back-tests you'd defend line by line.
  • Point-in-time discipline, look-ahead and survivorship bias, and reconstructing what was knowable on a given date.
  • Statistical modelling and optimisation (statsmodels, cvxpy; PyTorch useful).
  • Datasets in pandas and Parquet/Arrow, plus an analytical engine such as DuckDB.

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Nice to have

  • Quantitative research background, academic or industry.
  • Index construction and classification taxonomies.
  • Working with model-derived inputs, understanding that NLP-generated exposures carry measurement error and revise over time.
  • Task orchestration (Dagster or Airflow) and S3-based data flows.
  • AWS fluency and CI/CD discipline.

Benefits

  • Competitive salary plus EMI share options
  • 25 days holiday + bank holidays
  • Private health insurance, pension
  • Hybrid working from London (UK) or Cambridge (UK)
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Skills

Python
Factor risk models
Portfolio attribution
Cross-sectional regression
Covariance estimation
Back-testing
Statistical modelling
Optimisation
Statsmodels
Cvxpy
PyTorch
Pandas
Parquet
Arrow
DuckDB
AWS

Location

London, England, United Kingdom

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