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- Tasks: Join our team to develop cutting-edge mathematical models for FX options trading.
- Company: HSBC is a global leader in banking, connecting markets and providing financial solutions.
- Benefits: Enjoy opportunities for growth, support, and a diverse, inclusive workplace culture.
- Why this job: Make an impact in finance while working with innovative technology and talented professionals.
- Qualifications: Degree in Mathematical Finance or related field; C++ experience required.
- Other info: Based in London, with workshops available to enhance your application skills.
The predicted salary is between 43200 - 72000 £ per year.
Some careers shine brighter than others. If you’re looking for a career that will help you stand out, join HSBC and fulfil your potential. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.
HSBC Global Banking and Markets is an emerging markets-led, financing-focused business that provides investment and financial solutions. Through our international network, we connect emerging and mature markets, covering key growth areas. We partner with our corporate, government and institutional clients to help them achieve consistent, long-term performance. Our products and services include advisory, financing, prime services, research and analysis, securities services, trading and sales and transaction banking.
HSBC Market & Securities Services provides comprehensive global, regional and domestic fund services including fund administration, global custody and sub-custody settlement and services. Securities Lending Operations is a dynamic department that works with partners across the HSBC Global Banking and Markets business to deliver Securities Lending solutions to clients.
In this role you will:
- As a Member of the Global FICC (Fixed Income, Commodities and Currencies) Quants team
- The role will require development of the underlying mathematical models and analytical tools.
- To design, develop, test and document the models developed according to HSBC standards.
- Develop technical solutions for the users as required (Trading desks, Product Control, Traded Risks, etc.).
- To analyse and provide support to any issues identified in the models.
- To assist with integration of the quant library into the Primary Trading Systems (Murex) and via the Flex API.
To be successful you should meet the following requirements:
- Education in Mathematical Finance, Science or Mathematics, Engineering or Physics.
- Proven knowledge of the standard pricing models used in the investment banking industry for derivative products.
- Sound experience of main instruments used in FX, Fixed Income, or Credit.
- Experience working as a Quantitative Analyst developing front office models in quantitative finance, IT development, or a trading environment required.
- C++ experience required (preferably using Visual Studio 2022).
- Experience in developing, maintaining or integrating quant libraries with Murex (MX3.1) Flex API for IR and FX option products.
This role be based in London.
Being open to different points of view is important for our business and the communities we serve. At HSBC, we’re dedicated to creating diverse and inclusive workplaces - no matter their gender, ethnicity, disability, religion, sexual orientation, or age. We are committed to removing barriers and ensuring careers at HSBC are inclusive and accessible for everyone to be at their best. We take pride in being a Disability Confident Leader and will offer an interview to people with disabilities, long term conditions or neurodivergent candidates who meet the minimum criteria for the role.
If you have a need that requires accommodations or changes during the recruitment process, please get in touch with our Recruitment Helpdesk:
- Email: hsbc.recruitment@hsbc.com
- Telephone: +44 207 832 8500
Associate Director, Quantitative Analyst (FX Options Desk) | London, UK employer: Job Traffic
Contact Detail:
Job Traffic Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Associate Director, Quantitative Analyst (FX Options Desk) | London, UK
✨Tip Number 1
Network with professionals in the quantitative finance field, especially those who have experience with FX options. Attend industry events or webinars to connect with potential colleagues and learn more about the latest trends and technologies.
✨Tip Number 2
Familiarise yourself with HSBC's specific tools and systems, particularly Murex and the Flex API. Understanding how these platforms work will give you a significant advantage during interviews and demonstrate your commitment to the role.
✨Tip Number 3
Brush up on your C++ skills, particularly in the context of financial modelling. Consider working on personal projects or contributing to open-source projects that involve quantitative analysis to showcase your abilities.
✨Tip Number 4
Prepare for technical interviews by practising problem-solving questions related to mathematical finance and derivative pricing models. Being able to articulate your thought process clearly will help you stand out as a candidate.
We think you need these skills to ace Associate Director, Quantitative Analyst (FX Options Desk) | London, UK
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in quantitative analysis, particularly in FX options and derivatives. Emphasise your technical skills, especially in C++ and any experience with Murex or similar systems.
Craft a Strong Cover Letter: Write a cover letter that specifically addresses the requirements listed in the job description. Mention your educational background in Mathematical Finance or related fields, and provide examples of how your previous work aligns with the responsibilities of the role.
Highlight Technical Skills: Clearly outline your proficiency in mathematical models and analytical tools. Include specific examples of projects where you developed or integrated quant libraries, and mention any relevant programming languages or software you are familiar with.
Showcase Problem-Solving Abilities: In your application, demonstrate your ability to analyse and resolve issues related to quantitative models. Provide examples of challenges you've faced in previous roles and how you successfully addressed them.
How to prepare for a job interview at Job Traffic
✨Brush Up on Mathematical Models
Make sure you have a solid understanding of the mathematical models and analytical tools relevant to FX options. Be prepared to discuss specific models you've worked with and how they apply to the role.
✨Showcase Your C++ Skills
Since C++ experience is crucial for this position, be ready to demonstrate your proficiency. You might be asked to solve coding problems or explain your past projects involving C++.
✨Understand the Trading Environment
Familiarise yourself with the trading environment and the main instruments used in FX, Fixed Income, or Credit. Being able to discuss current market trends and their impact on quantitative analysis will impress your interviewers.
✨Prepare for Technical Questions
Expect technical questions related to model development, integration with Murex, and the Flex API. Practising these topics beforehand will help you articulate your thought process clearly during the interview.
