At a Glance
- Tasks: Lead a team of analysts, develop pricing models, and optimise risk management strategies.
- Company: Join CMC Markets, a pioneering fintech company transforming financial trading since 1989.
- Benefits: Enjoy a dynamic work environment with opportunities for personal and professional growth.
- Why this job: Be at the heart of the financial industry, making impactful contributions while mentoring others.
- Qualifications: Degree in quantitative finance or related field; strong analytical skills and experience in financial products required.
- Other info: CMC Markets values diversity and encourages applications from all backgrounds.
The predicted salary is between 43200 - 72000 Β£ per year.
Quantitative Researcher β Principal Specialist page is loaded## Quantitative Researcher β Principal Specialistlocations: Londontime type: Full timeposted on: Posted 3 Days Agojob requisition id: CMC4556Since launching in 1989, CMC Markets (CMC) has become one of the world\βs leading online financial trading businesses. CMC is listed on the London Stock Exchanges and serves retail and institutional clients through regulated offices and branches in 13 countries.CMC offers an award winning online and mobile trading platform, enabling clients to trade up to 10,000 financial instruments across shares, indices, foreign currencies, commodities and treasuries through contracts for difference. In Australia, the Group also offers stockbroking services.CMC is committed to recruiting, developing, retaining and motivating exceptional people who are talented, innovative and focussed on delivering excellence. We acknowledge that this goes hand in hand with the Group\βs ongoing and future success. This is achieved through embedding the Group\βs values throughout the workforce as well as offering competitive rewards and benefits.The Group values centre on quality, clients and integrity.* Put clients first* Lead with quality* Set the standardsMore detail on the Group can be found on**ROLE AND RESPONSIBILITIES****Background & purpose of role:*** CMC Markets strives to provide the best trading experience for a wide spectrum of clients to participate in the financial markets. In order to expand this team, we are looking for an experienced Quantitative Researcher to coach and mentor others whilst contributing fully towards our shared goals.* Our Quants have responsibility for pricing models covering an expanding product range and also work to optimise CMC\βs risk management strategies.* This role will offer a varied and fast-paced working environment, regularly interacting with the 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.**Key responsibilities:*** Coach, mentor and help grow an existing team of Quantitative Researchers.* 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 solvingCMC 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.locations: Londontime type: Full timeposted on: Posted 30+ Days AgoCMC Markets is one of the world\βs 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\βre 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.
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Senior Quantitative Analyst employer: CMC Markets
Contact Detail:
CMC Markets Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Senior Quantitative Analyst
β¨Tip Number 1
Familiarise yourself with the latest trends in quantitative finance and market microstructure. This knowledge will not only help you during interviews but also demonstrate your genuine interest in the role and the industry.
β¨Tip Number 2
Network with professionals in the financial sector, especially those working in quantitative analysis or related fields. Attend industry events or webinars to make connections that could lead to referrals or insider information about the role.
β¨Tip Number 3
Brush up on your technical skills, particularly in Python, SQL, and Excel. Consider working on personal projects or contributing to open-source projects that showcase your ability to develop pricing models or risk management algorithms.
β¨Tip Number 4
Prepare for behavioural interview questions by reflecting on your past experiences in leadership and mentoring. Be ready to discuss specific examples of how you've coached others and contributed to team success in a fast-paced environment.
We think you need these skills to ace Senior Quantitative Analyst
Some tips for your application π«‘
Tailor Your CV: Make sure your CV highlights relevant experience in quantitative finance, mathematics, and any specific skills mentioned in the job description, such as proficiency in Python, SQL, and Excel.
Craft a Strong Cover Letter: Write a cover letter that not only outlines your qualifications but also demonstrates your understanding of CMC Markets and how you can contribute to their goals, particularly in pricing models and risk management strategies.
Showcase Leadership Experience: Since the role involves coaching and mentoring, include examples of your leadership experience. Highlight any previous roles where you led a team or contributed to the professional development of others.
Highlight Analytical Skills: Emphasise your analytical and quantitative skills by providing specific examples of projects or tasks where you successfully applied these skills, especially in relation to financial products and market microstructure.
How to prepare for a job interview at CMC Markets
β¨Showcase Your Analytical Skills
As a Senior Quantitative Analyst, your analytical prowess is key. Be prepared to discuss specific examples of how you've used data analysis to solve complex problems or improve processes in previous roles.
β¨Demonstrate Leadership Experience
Since the role involves coaching and mentoring, highlight your leadership experiences. Share instances where you've successfully guided a team or contributed to their professional development.
β¨Familiarise Yourself with Financial Products
Make sure you have a solid understanding of various financial products and derivatives. Be ready to discuss how these products work and their implications on pricing models and risk management strategies.
β¨Prepare for Technical Questions
Expect technical questions related to Excel, Python, SQL, and other relevant tools. Brush up on your coding skills and be ready to demonstrate your proficiency in using these technologies to develop pricing models.