Algorithmic Trading Associate

NatWest Group; Greater London; On-site; GBP 120,000 - 180,000; Full time

Job summary

NatWest Group is seeking an Algorithmic Trading Associate to oversee electronic risk, pricing, and hedging for spot FX, delivering liquidity to clients and driving profitability.

The role involves collaborating with quant, technology, sales and risk teams, overlaying market views, and improving pricing strategies in a global desk environment.

Qualifications

• Extensive eFX trading experience, with emphasis on book running and liquidity provision.
• Strong customer focus and client-facing skills.
• Ability to analyse data and translate into pricing and risk decisions.

Responsibilities

• Manage the electronic risk book and plan for market events.
• Overlay market views, pricing and risk manage voice requests.
• Identify and resolve technical issues with supporting teams.
• Review data to optimise pricing and hedging parameters and maximise profitability.
• Collaborate with trading, quant, and tech teams to improve analysis framework and client setup.

Skills

eFX trading experience

Book running

Python

Data analysis

Client meetings

Tools

Python

Q

Job description

Join us as an Algorithmic Trading Associate

• In this engaging role, you'll be responsible for the pricing and risk management of electronic and voice spot FX, delivering liquidity to our client franchise, while maximising volumes and profitability

• You'll enjoy significant stakeholder interaction, working as part of a global team, and collaborating with quant, technology, sales and supporting teams to deliver the desk strategy

• This is a great opportunity to develop sought after skills and experience

What you'll do

As an Algorithmic Trading Associate, you'll be responsible for the management of the electronic risk book and planning for, and responding to market events. You'll be overlaying market views, pricing and risk managing voice requests, and identifying and resolving technical issues with supporting teams.

Other responsibilities will include:

• Reviewing our data to optimise pricing and hedging parameters and maximising profitability and volumes with clients

• Working with trading and quant teams to develop and improve our analysis framework

• Working closely with sales to understand client needs and to implement client strategy, reviewing and optimising client setup and spreads

• Driving the improvement of the eFX product, creating novel pricing and hedging ideas, and working with quant and technology teams to validate and implement changes

• Ensuring our business is well controlled, collaborating with risk, technology, and controls teams to design and implement regulatory requirements

The skills you'll need

We're looking for someone with extensive eFX trading experience, particularly book running, and a strong customer focus. You'll ideally have experience using Python and be familiar with Q.

You'll also demonstrate:

• Strong technical and analytical skills

• A commercial and entrepreneurial approach to novel idea creation, discussion, validation, and implementation

• Experience in client meetings

• A collaborative and collegiate approach to problem solving