Senior Quantitative Analyst

CMC Markets; City Of London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A financial trading company in London is seeking a Senior Quantitative Analyst to lead a team and enhance pricing models for complex financial products. You will collaborate with various teams in a dynamic setting. Ideal candidates possess a degree in quantitative finance or related fields and have strong analytical, leadership, and communication skills. This role offers an opportunity to work at the core of the business and advance your understanding of Market Making.

Qualifications

• Degree in quantitative finance, mathematics, computer science or equivalent.
• Strong analytical and quantitative skills, ideally in financial markets.
• Experience in leadership and mentoring.

Responsibilities

• Coach and mentor a team of Quantitative Analysts.
• Develop and maintain pricing models for complex products.
• Implement and improve pricing and risk management algorithms.

Skills

Strong analytical skills

Quantitative finance knowledge

Leadership and mentoring skills

Strong communication skills

Experience with Python

Experience with SQL

Education

Degree in quantitative finance, mathematics, or computer science

Tools

Excel

Python

SQL

Pandas

NumPy

Job description

CMC Markets strives to provide the best trading experience for a wide spectrum of clients to participate in the financial markets. We are looking for a suitably skilled Senior Quantitative Analyst to contribute to pricing models for an expanding product range and also work to optimise the risk management strategies.

A varied and fast-paced role working with 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.

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.

Key Skills and Experience

• A degree in quantitative finance, mathematics, computer science or equivalent disciplines.
• Strong analytical and quantitative skills, ideally with front-office facing FX, Equities, Fixed Income or derivatives experience.
• Strong knowledge of general financial products and derivatives. Understanding of market microstructure.
• Strong skills in Excel and Python, SQL and time-series databases.
• Strong familiarity with Agile processes.
• Experience with Pandas, NumPy, Matlab, R or other mathematical/statistical languages/packages.
• Experience in leadership and mentoring.
• Excellent communication skills, both written and spoken.

Competencies

• Communication
• Team work
• Customer focus
• Resilience and adaptability
• Problem solving

CMC Markets is an equal opportunities employer and positively encourages applications from suitably qualified and eligible candidates regardless of gender, sexual orientation, marital or civil partner status, gender reassignment, race, colour, nationality, ethnic or national origin, religion or belief, disability or age.

About Us

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.