Senior Quantitative Analyst

CMC Markets; London; On-site; GBP 60,000 - 90,000; Full time

Job summary

A leading financial services company seeks a skilled Senior Quantitative Analyst to enhance pricing models and optimize risk management strategies. This role involves mentoring a team and working with various departments to ensure successful market-making practices, requiring strong analytical and communication capabilities.

Qualifications

• Experienced in front-office FX, Equities, Fixed Income, or derivatives.
• Strong knowledge of financial products and market microstructure.
• Experience in leadership and mentoring.

Responsibilities

• Coach and mentor Quantitative Analysts.
• Develop and maintain pricing models for complex products.
• Work with teams to improve pricing and risk management algorithms.

Skills

Analytical skills

Quantitative skills

Communication

Problem solving

Team work

Education

Degree in quantitative finance, mathematics, or computer science

Tools

Excel

Python

SQL

Pandas

NumPy

Matlab

R

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.