Algorithmic Trading Associate

Royal Bank of Scotland

Greater London

On-site

GBP 120,000 - 180,000

Full time

9 days ago
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Job summary

Royal Bank of Scotland in London seeks an Algorithmic Trading Associate to manage electronic risk and price flows, coordinating with quant, technology and sales teams to implement desk strategy and optimise liquidity.

You will overlay market views, respond to events, and drive pricing innovations while ensuring controls with risk and compliance. The role offers exposure to global markets, strong stakeholder interaction, and a path to advanced quant and trading expertise.

Qualifications

  • Extensive eFX trading experience, particularly book running.
  • Strong customer focus and commercial mindset.
  • Experience in client meetings and relationship management.
  • Collaborative approach to problem solving in a fast-paced desk environment.

Responsibilities

  • Manage electronic risk book and plan for market events.
  • Overlay market views, pricing and risk management for voice requests.
  • Identify and resolve technical issues with supporting teams.
  • Review data to optimise pricing and hedging parameters for profitability.
  • Drive improvements to eFX pricing and hedging ideas with quant/tech teams.

Skills

eFX trading
Book running
Client meetings
Team collaboration

Tools

Python
Q

Job description

Join us as an Algorithmic Trading Associate

In this engaging role, you'll be responsible for 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.

  • 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

Hours 35

Job Posting Closing Date: 02/10/2026

Ways of Working:Office First

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