VP, eFX Quant: Lead Algo Trading & ML

State Street; Greater London; On-site; GBP 180,000 - 260,000; Full time

Job summary

State Street's electronic foreign exchange offering is a core component of our product range, making markets directly with counterparties, on exchanges and e-trading venues around the globe.

We are looking to hire an experienced VP-level candidate in London to sustain the continued growth of our eFX business, with a proven track record of developing and deploying systematic market-making and high-frequency trading strategies.

Qualifications

• Demonstrable experience building or maintaining production quantitative trading systems.
• Experience leading, line-managing or mentoring a technical or quantitative team.
• Ability to complement technical high-frequency analysis with market insight and experience.
• Proficient in a fast prototyping language, ideally Python (or Matlab, R or similar).
• Knowledge of Java or C++ in an industrial-scale context.
• PhD or postgraduate quantitative degree preferred.

Responsibilities

• Own a significant portfolio of algorithms for electronic price making and risk management.
• Lead, mentor and develop a team of quants, setting objectives and technical direction and supporting their professional growth.
• Use public and proprietary data to identify new opportunities to generate P&L.
• Drive research from prototype through to production, including backtesting, deployment and monitoring.
• Analyse the behaviour of production trading models on an ongoing basis, identifying and delivering areas of improvement.
• Partner with trading, technology and risk stakeholders to ensure models are robust, well-governed and effective in a low-latency environment.

Skills

Quantitative trading

Mentoring

Low-latency trading

Python

C++

Java

Mathematics

Education

PhD preferred

Postgraduate degree in quantitative discipline

Tools

Java

C++

Matlab

R

Job description

State Street's electronic foreign exchange offering is a core component of our product range, making markets directly with counterparties, on exchanges and e-trading venues around the globe.

We are looking to hire an experienced VP-level candidate in London to sustain the continued growth of our eFX business, with a proven track record of developing and deploying systematic market-making and high-frequency trading strategies.