Quantitative Analyst

CMC Markets; Greater London; On-site; GBP 95,000 - 150,000; Full time

Job summary

CMC Markets is seeking a Senior Quantitative Analyst to coach and mentor a team while contributing to pricing models for a growing product range and enhancing risk management strategies. The role sits at the core of market making activities, interacting with dealing, operations, risk and IT development teams.

You will engage in developing pricing algorithms, improving strategies and maintaining strong professional development to meet evolving regulatory requirements.

Qualifications

• Background & purpose of role: experienced Senior Quantitative Analyst to coach and mentor others while contributing towards shared goals.
• Quants are responsible for pricing models covering an expanding product range and work to optimise risk management strategies.

Responsibilities

• Coach, mentor and grow an existing team of Quantitative Analysts.
• Develop and maintain pricing models for brand new and complex products.
• Collaborate with Team Leads and Senior members on dealing strategy improvement.
• Work with Development teams to implement pricing and risk management algorithms.
• Maintain personal and professional development including regulatory training.
• Ensure confidentiality of information.

Job description

ROLE AND RESPONSIBILITIES

Background & purpose of role: CMC Markets strives to provide the best trading experience for a wide spectrum of clients to participate in the financial markets. In order to expand this team, we are looking for an experienced Senior Quantitative Analyst to coach and mentor others whilst contributing fully towards our shared goals. Our Quants have responsibility for pricing models covering an expanding product range and also work to optimise CMC’s risk management strategies. This role will offer a varied and fast-paced working environment, regularly interacting with the dealing, operations, risk and IT development teams. This is an excellent opportunity to be sitting in the core of the business and develop a deep understanding of the Market Making financial industry.

Key responsibilities:

• Coach, mentor and help grow an existing team of Quantitative Analysts.
• Develop and maintain pricing models for brand new and increasingly complex products.
• Work with other Team Leads and Senior members of Quantitative Strategies on dealing strategy improvement.
• Work with the Development teams to implement and improve pricing and risk management algorithms.
• Maintain personal/professional development to meet the changing demands of the role, including all relevant regulatory and legislative training.
• Take all reasonable steps to ensure appropriate confidentiality.

CMC Markets is one of the world’s first ever fin‑tech companies and was launched in 1989 to break down the barriers of financial trading and make trading accessible to everyone. Our mission is to use our award‑winning, Next Generation trading platform and unparalleled client service to empower millions of people to have the best trading experience out there. Our clients can trade on thousands of instruments using the best technology, supported by sophisticated charting, competitive pricing and automated execution. We're trusted by investors globally, but also by banks, brokers, funds and trading desks though our top-tier liquidity institutional offering, enabling these businesses to expand into new markets and increase revenue potential. We were recently listed on the FTSE250, and our business continues to go from strength to strength as we continue to invest in our technology and our people.