Associate Director, eFX Quant Trader

Scotiabank; Singapore; On-site; SGD 80,000 - 120,000; Full time

Job summary

A leading financial institution in Singapore is seeking a talented Quant Trader to develop and maintain sophisticated trading systems for FX electronic trading. The ideal candidate will have strong programming skills in Python and Java, a solid mathematical background, and experience in electronic trading. This opportunity also provides room for growth within an inclusive and accessible environment.

Qualifications

• Strong proficiency in programming languages at systems production-level.
• Experience in electronic trading, preferably in FX.
• Strong Mathematical background.

Responsibilities

• Design and enhance electronic trading platforms for FX.
• Optimize algorithmic trading strategies using statistical models.
• Perform data analysis on trade/market data.

Skills

Proficiency in Python

Proficiency in Java

Mathematical Modeling

Data analysis with Pandas

Familiarity with FIX and API

Education

Master's or Ph.D. in quantitative field

Tools

TensorFlow

KDB Q

Scikit Learn

Job description

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Purpose: We are seeking a talented Quant Trader to join our dynamic team, focused on FX Electronic Trading. As an eFX Trader, you will play a crucial role in developing and maintaining sophisticated trading systems and strategies in FX, utilizing your expertise in programming languages such as Python and Java.

Responsibilities:

• Collaborate with traders, research, and technology teams to design, develop, and enhance electronic trading platforms for FX markets.
• Design and optimize algorithmic trading strategies utilizing statistical and mathematical models, including Machine Learning and other Probability-driven models.
• Perform data analysis on trade/market data to derive actionable insights that improve profitability.
• Develop automatic risk management algorithms to monitor trading positions and market conditions.
• Identify and resolve complex technical issues related to trading systems, ensuring high system performance and reliability.
• Maintain and enhance existing software infrastructure, including code refactoring, documentation, and testing.
• Stay updated with the latest trends and advancements in quantitative finance, electronic trading, and functional programming techniques.
• Manage the Spot FX risk within market-making book.
• Champions a customer-focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Actively pursues effective and efficient operations of his/her respective areas in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk

Requirements:

• Strong proficiency in Python and Java, programming languages at systems production-level.
• Previous experience working in electronic trading in Finance, preferably in FX, including familiarity with pricing models, risk management, and trading strategies.
• Strong Mathematical background and strong proficiency in Mathematical Modeling.
• Familiarity with electronic trading protocols and market connectivity, such as FIX, API integration, and order routing.
• Proficiency in data analysis, utilizing tools like Pandas, NumPy and KDB Q.

Preferred Qualifications:

• Advanced degree (Master's or Ph.D.) in a quantitative field such as Computer Science, Engineering, Mathematics, Physics or related disciplines.
• Knowledge of Machine Learning & Bayesian techniques and libraries (e.g., Scikit Learn, TensorFlow, PyTorch) for developing predictive models.
• Experience with alpha-generation for algorithmic trading strategies
• Experience working with FX ECNs and Client-Platforms (e.g., FXall, 360T, Bloomberg, LSEG Spot Matching) is a plus.
• Experience market-making and/or trading Spot FX

At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know.