Senior Manager, Quantitative Analysis

The quantitative Analysis Division (QAD) is the front office quant team within the Global Markets (GM) division of ICBCS. We are a small team but cover a broad range of products spanning several asset classes including Fixed Income, Credit and Commodities. This is a junior to mid-level position to join the QAD team. The focus in this role leans towards a quant who can leverage technology (possibly including AI) to automate several tasks. The initial focus will mostly be on the automation of model performance monitoring and several other requirements introduced by the recent deployment of SS1/23 regulations. The other main focus in this role would be to assist in the day-to-day "desk quant" tasks which involve supporting/writing/debugging the in-house library both via Excel but also via vendor systems. We also support all GM's third-party trading platforms.

What you’ll be doing:

• Assist in devising a remediation plan and eventual implementation of all GM in-scope models to ensure SS1/23 compliance
• Discuss, formulate, validate and assist in proposing GM inspired new products/curves/models and present to our internal risk department
• Document and test models (both within the QAD library and third-party vendor models)

What you’ll need to be successful:

• A good knowledge of programming languages (Python, C++) and how to work with external API's
• An understanding of pricing, calibration of models, curve stripping and pricing basic financial products
• An understanding of financial (mostly derivative) products, in particular, interest rate swaps/FX options/credit default swap/commodity swaps
• Ability to learn new trading systems and intelligently "guess" the system behaviour
• Maths or science-based degree preferably at a Masters level
• Experience in the Murex trading platform would be an advantage but not a requirement
• Logical, diligent and able to communicate with FO, IT, Risk and project boards

Why should you join us?

ICBC Standard Bank Plc (ICBCS) is a leading financial markets and commodities bank, driven to deliver the right outcomes for our stakeholders, clients, counterparties and markets. We benefit from a unique Chinese and African parentage and an unrivalled global network and expertise. We’re headquartered in London, with operations in Shanghai, Singapore and New York. We’re a diverse and close-knit global team. We put people first, giving talented, self-driven professionals the flexibility, rewards and freedom to grow their expertise and realise their potential. Our vision statement, "Be Yourself, Succeed Together" underpins our drive for an open and transparent culture which values difference, enabling everyone to thrive whilst being themselves. We have an active E, D&I forum and we’re growing other employee network groups, including for women and neurodiversity. We’re committed to the principle of equal opportunities. All applicants will be treated equally and will be considered on their merits and skills without discrimination.

What’s in it for you?

• Financial market-based pay based on skills and experience, discretionary annual bonus, pension contribution 10% (employee contribution 5%), travel insurance, life assurance and income replacement insurance
• Hybrid working - the option to work remotely up to two days per week, depending on the role
• Family - 6 months fully paid maternity leave and enhanced shared parental leave
• Coaching for family leave returners and access to emergency care via My Family Care
• Wellbeing - private medical insurance, Bike2Work scheme, health and fitness subsidy, holiday exchange and an Employee Assistance Programme
• Community - paid volunteering leave and Give As You Earn scheme
• Development - a suite of opportunities to build the skills you need to excel in your role

If you’re excited about becoming part of our team, get in touch. We’d love to hear from you!