Senior FX Options Quant - Front-Office Model Developer

HSBC Group; Greater London; On-site; GBP 110,000 - 170,000; Full time

Job summary

HSBC Group in London is recruiting for an FX Options Quant role to develop and support front office models and tools used across the FX options business. You will work closely with Trading, Structuring, Risk, Finance and Technology to deliver robust pricing and risk analytics for vanilla, flow and exotic options.

You will build production-ready implementations in C++, with Python/VBA interfaces, and align local work with global standards across regions.

Qualifications

• Strong foundation in quantitative finance including stochastic calculus, PDEs and no-arbitrage valuation.
• Proven knowledge of FX options pricing models and techniques e.g., local volatility & stochastic local volatility.
• Strong understanding of FX options products including vanilla and exotic derivatives.
• Production-quality C++ implementations with robust coding practices.
• Python or VBA scripting for interfaces and analytics.
• Experience developing or supporting pricing and risk models for FX options or derivatives.
• Familiarity with Git and distributed development pipelines.

Responsibilities

• Act as a key London contact for front office FX Options Quant topics.
• Represent the FX Options Quant team to Trading, Structuring, IT, Risk and Finance.
• Coordinate with global colleagues to maintain alignment and knowledge sharing.
• Design, develop, test and document front office FX options pricing models to HSBC standards.
• Develop and support models across vanilla, flow and complex exotic FX options.
• Deploy and integrate pricing libraries into pricing and risk systems and trading tools.
• Build and enhance trading and risk tools in C++ with Python/VBA interfaces.
• Develop analytics for pricing, hedging, risk management, PnL explain and scenario analysis.
• Partner with Macro Quant and IT teams to strengthen platform consistency.
• Investigate production pricing, risk and market-data issues with Front Office and Technology support.

Skills

Quantitative finance

Stochastic calculus

PDEs

Monte Carlo

FX options pricing

C++

Python

Git

Risk management

Cross-functional collaboration

Tools

Git

Job description

HSBC Group in London is recruiting for an FX Options Quant role to develop and support front office models and tools used across the FX options business. You will work closely with Trading, Structuring, Risk, Finance and Technology to deliver robust pricing and risk analytics for vanilla, flow and exotic options.

You will build production-ready implementations in C++, with Python/VBA interfaces, and align local work with global standards across regions.