Lead Quant Researcher – ML for Pricing & Risk

CMC Markets; England; On-site; GBP 90,000 - 180,000; Full time

Job summary

CMC Markets seeks an experienced Quantitative Researcher to coach and mentor a growing team while contributing to pricing models and risk management. The role entails leading research into alpha opportunities and deployment of ML/AI for pricing, forecasting and trading decisions.

You will partner with trading, risk and IT to productionise research outputs, monitor model performance and ensure robust experimentation. Excellent communication is essential.

Qualifications

• Degree in quantitative finance, mathematics, CS or equivalent.
• Strong analytical and quantitative research skills for front-office contexts.
• Experience applying ML/AI to financial and time-series data.
• Proficiency in Python, SQL and time-series analysis.
• Experience with ML libraries: scikit-learn, XGBoost, PyTorch or TensorFlow.
• Experience handling high-volume/high-frequency time-series data.
• Ability to design robust experiments and out-of-sample testing.
• Knowledge of model governance, bias, overfitting and production monitoring.
• Excellent written and spoken communication.
• Willingness to coach and mentor a team of researchers.

Responsibilities

• Coach, mentor and grow an existing team of Quantitative Researchers.
• Research alpha opportunities, pricing improvements, hedging effectiveness, and execution performance across CMC's products.
• Develop and deploy ML/AI models to improve pricing, forecasting, risk management and trading decisions.
• Collaborate with developers and trading stakeholders to productionise research outputs and monitor model performance.
• Translate complex analytics into clear recommendations for technical and non-technical audiences.
• Maintain ongoing professional development and regulatory training.
• Ensure confidentiality and compliance with governance standards.

Skills

Python

SQL

Time-series analysis

Machine learning

Quantitative research

Education

Degree in quantitative finance / mathematics / computer science

Tools

scikit-learn

XGBoost

PyTorch

TensorFlow

Job description

CMC Markets seeks an experienced Quantitative Researcher to coach and mentor a growing team while contributing to pricing models and risk management. The role entails leading research into alpha opportunities and deployment of ML/AI for pricing, forecasting and trading decisions.

You will partner with trading, risk and IT to productionise research outputs, monitor model performance and ensure robust experimentation. Excellent communication is essential.