eFX Quant Trading Associate

NatWest Group; London; On-site; GBP 100,000 - 125,000; Full time

Job summary

A leading UK bank is seeking an eFX Quant Trading Associate to join their team in London. This role involves collaborating with various stakeholders to enhance the performance of the eFX business through automation and performance analysis. You must have experience in electronic and algorithmic markets and strong quantitative and coding skills to succeed in this position. This is an excellent opportunity to further your career in a dynamic trading environment.

Qualifications

• Proven experience in electronic and algorithmic markets.
• Background in trading automation aligned with strategic objectives.
• Strong problem-solving abilities.

Responsibilities

• Collaborate with traders to enhance eFX business performance.
• Create solutions to automate and optimize trading.
• Build analytics and proof of concept algorithm changes.

Skills

Electronic markets experience

Algorithmic trading

Strong communication skills

Collaborative skills

Quantitative skills

Coding skills

Customer interaction

Job description

Overview

Join us as an eFX Quant Trading Associate

• We’re looking for someone to join our eFX Quant Trading team to improve our linear eFX client offering and profitability
• Day-to-day, you’ll participate in initiatives to deliver change to the FX business that supports clients and the bottom line
• This is an opportunity to progress your career in a top tier UK and leading FX bank while working in a truly inclusive environment

What you'll do

You’ll collaborate primarily with Traders, Sales, Quants, Technologists and Risk functions to improve the performance of the eFX business across spot, forwards and NDFs to meet strategic objectives. By running and creating analysis and reports you’ll optimise the prevailing eFX business and support management. You’ll also create solutions to automate, increase profitability, reduce costs, grow market share and make sure risks are well-managed, including building proof of concept algorithm changes and new analytics.

To promote the business and understand market developments and opportunities, you’ll engage with management, stakeholders, clients and platforms as appropriate.

Additionally, you’ll be:

• Contributing to progressing the eFX trading business
• Collaborating across multiple teams to seek opportunities to meet business objectives for automation, performance and costs, and implementing change to capture them
• Building analytics and proof of concept algo changes
• Providing relative costs and benefits to prioritise work competing for quant and technology resources
• Taking steps to make sure trading activities are in line with group policies covering market, conduct, operational, credit and regulatory risks
• Helping sales to promote the FX business and deliver strategic objectives

The skills you\'ll need

To be successful in this role, you’ll have a proven experience in electronic and algorithmic markets, creating and delivering trading automation in line with strategic objectives along with strong communication and collaborative skills to navigate complex trading and analytical problems. You’ll also have quantitative and coding skills and market knowledge to develop proof of concept algo and analytics enhancements. We’ll expect you to have prior experience in financial markets, preferably FX spot, forward or NDF products.

We’ll also expect you to have:

• A commercial mindset with experience of working in trading or with traders
• Experience in running or developing trading automation
• The ability to solve complex problems and build analytics and explain them succinctly
• Experience dealing with customers
• Strong interpersonal and communication skills