At a Glance
- Tasks: Coach and mentor a team while developing pricing models and optimising risk management strategies.
- Company: Join CMC Markets, a pioneering fintech company transforming financial trading since 1989.
- Benefits: Competitive salary, professional development, and the chance to work with cutting-edge technology.
- Why this job: Be at the heart of the financial industry and make a real impact on trading experiences.
- Qualifications: Degree in quantitative finance or related field, strong analytical skills, and leadership experience.
- Other info: Dynamic environment with opportunities for growth and collaboration across various teams.
The predicted salary is between 36000 - 60000 £ per year.
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
- 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.
About Us: CMC Markets is one of the world's first ever fin-tech companies and was launched in 1989 to break down the barriers of financial trading and make trading accessible to everyone. Our mission is to use our award-winning, Next Generation trading platform and unparalleled client service to empower millions of people to have the best trading experience out there. Our clients can trade on thousands of instruments using the best technology, supported by sophisticated charting, competitive pricing and automated execution. We're trusted by investors globally, but also by banks, brokers, funds and trading desks though our top-tier liquidity institutional offering, enabling these businesses to expand into new markets and increase revenue potential. We were recently listed on the FTSE250, and our business continues to go from strength to strength as we continue to invest in our technology and our people.
Senior Quantitative Analyst in City of London employer: CMC Markets
Contact Detail:
CMC Markets Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Quantitative Analyst in City of London
✨Tip Number 1
Network like a pro! Reach out to current or former employees at CMC Markets on LinkedIn. A friendly chat can give you insider info and might just get your foot in the door.
✨Tip Number 2
Prepare for the interview by brushing up on your quantitative skills and market knowledge. Be ready to discuss how your experience aligns with their pricing models and risk management strategies.
✨Tip Number 3
Show off your leadership skills! Since they’re looking for someone to coach and mentor, think of examples where you've led a team or helped others grow in their roles.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining the CMC Markets team.
We think you need these skills to ace Senior Quantitative Analyst in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Quantitative Analyst role. Highlight your experience with pricing models, risk management strategies, and any leadership roles you've had. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the financial markets and how your background makes you a perfect fit for our team. Don't forget to mention your analytical skills and experience with tools like Python and SQL.
Showcase Your Communication Skills: Since this role involves working closely with various teams, it's crucial to demonstrate your communication skills in your application. Whether it's through your CV or cover letter, make sure to highlight instances where you've effectively collaborated with others.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets to us quickly and efficiently. Plus, you'll find all the details you need about the role and our company there!
How to prepare for a job interview at CMC Markets
✨Know Your Numbers
As a Senior Quantitative Analyst, you'll need to demonstrate your strong analytical skills. Brush up on key financial concepts and be ready to discuss your experience with pricing models and risk management strategies. Prepare specific examples of how you've used data to drive decisions in previous roles.
✨Showcase Your Technical Skills
Make sure you're comfortable discussing your proficiency in Excel, Python, SQL, and any other relevant tools. Be prepared to explain how you've applied these skills in real-world scenarios, especially in relation to market microstructure and algorithm development.
✨Demonstrate Leadership Qualities
Since this role involves coaching and mentoring, think about your leadership experiences. Prepare to share examples of how you've guided teams or contributed to their growth. Highlight your communication skills and how you foster collaboration among team members.
✨Understand the Company Culture
Research CMC Markets and its mission to provide the best trading experience. Familiarise yourself with their products and services, and be ready to discuss how your values align with theirs. Showing that you understand their culture will help you stand out as a candidate who is genuinely interested in the role.