Senior Quantitative Developer (London)
Senior Quantitative Developer (London)

Senior Quantitative Developer (London)

Edgware Full-Time 43200 - 72000 £ / year (est.) No home office possible
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CMC Markets

At a Glance

  • Tasks: Join our Quants’ team to develop and maintain innovative trading solutions.
  • Company: CMC Markets is a leading financial services provider, specialising in market-making.
  • Benefits: Enjoy a full-time role with opportunities for personal development and a dynamic work environment.
  • Why this job: Dive deep into the Market Making industry and collaborate with top-tier professionals.
  • Qualifications: A degree in quantitative finance, mathematics, or computer science is essential.
  • Other info: Flexible working hours and occasional weekend work for product releases may be required.

The predicted salary is between 43200 - 72000 £ per year.

Join to apply for the Senior Quantitative Developer role at CMC Markets. CMC Markets are looking for a Senior Quantitative Developer to join our Quants’ team. Within the role, you will work directly with Quantitative Developers as well as our Trading function within the Derivatives pillar. You will participate in the integration of our partner’s solutions into our infrastructure and support the desk in the development of internal and proprietary services. This is an excellent opportunity to get to the heart of the business and develop an in-depth understanding of the Market Making industry.

ROLE AND RESPONSIBILITIES

  • Maintain and improve the existing code stack and develop new scripts if required.
  • Ensure appropriate monitoring is in place for all business-as-usual processes owned by the Derivatives Quantitative team.
  • Analysis, specification, implementation, maintenance, and development of tests.
  • Document and maintain software functionality.
  • Understand current models and produce innovative improvements.
  • Facilitate the integration of third-party solutions with our existing infrastructure.
  • Adapt to the team’s working hours to ensure sufficient coverage over the quoting period (early, mid, or late shifts).
  • Help design and develop pricing and risk components to support the firm's market-making business, working across multiple asset classes ranging across Options, Equities, FX, Commodities, and other derivatives.
  • Partner with other key groups: financial engineering and quantitative teams from other business units, business operations, product development and the other IT teams; to ensure products are implemented efficiently and meet the demands both internally (dealing) and externally (clients) and addressing any issues that arise.
  • Work with the Front Office users and Business Operations to address any issues.
  • Maintain personal/professional development to meet the changing demands of the role, including all relevant regulatory and legislative training.
  • Understand the nature of the trading floor business and the need to respond quickly and efficiently to issues that can or has caused business outage.
  • Creation of maintenance and reporting tools relevant to the product area as appropriate.
  • Ensure a positive approach to challenge and provide open and honest feedback.
  • Occasional requirement to work during the weekend for a product release or maintenance.
  • When dealing with all customers, clients or colleagues ensure that we provide a clear, fair and consistent high-quality service that presents a professional and positive image of CMC Markets; Take all reasonable steps to ensure appropriate confidentiality.
  • Undertake such other duties, training and/or hours of work as may be reasonably required, and which are consistent with the general level of responsibility of this role.

KEY SKILLS & EXPERIENCE

  • A degree in quantitative finance, mathematics, computer science or equivalent disciplines.
  • Strong analytical and quantitative skills.
  • Good understanding of general financial products and derivatives.
  • Experience of coding in Object Oriented development languages, mainly in Python.
  • Strong communication skills, both written and spoken.
  • The ability to operate with urgency and prioritise work accordingly.
  • Strong requirements analysis skills.
  • Strong Team Player.
  • Takes personal responsibility to deliver results.

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.

Senior Quantitative Developer (London) employer: CMC Markets

CMC Markets is an exceptional employer, offering a dynamic work environment in the heart of London where innovation and collaboration thrive. Employees benefit from a strong focus on professional development, competitive compensation, and a culture that values open communication and teamwork. With opportunities to engage directly with key financial products and cutting-edge technology, this role promises not only meaningful contributions but also a rewarding career path in the fast-paced world of market making.
CMC Markets

Contact Detail:

CMC Markets Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Quantitative Developer (London)

✨Tip Number 1

Familiarise yourself with the latest trends in quantitative finance and market-making. This will not only help you understand the role better but also allow you to engage in meaningful conversations during interviews.

✨Tip Number 2

Network with professionals in the industry, especially those working at CMC Markets or similar firms. Attend relevant meetups or webinars to make connections that could lead to referrals.

✨Tip Number 3

Brush up on your Python skills, particularly in Object Oriented Programming. Consider working on personal projects or contributing to open-source projects to showcase your coding abilities.

✨Tip Number 4

Prepare to discuss your experience with financial products and derivatives in detail. Be ready to explain how your analytical skills have been applied in real-world scenarios, as this will demonstrate your suitability for the role.

We think you need these skills to ace Senior Quantitative Developer (London)

Analytical Skills
Quantitative Analysis
Object-Oriented Programming (Python)
Understanding of Financial Products and Derivatives
Strong Communication Skills
Requirements Analysis
Team Collaboration
Problem-Solving Skills
Adaptability to Working Hours
Documentation Skills
Integration of Third-Party Solutions
Development of Pricing and Risk Components
Ability to Work Under Pressure
Attention to Detail

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the Senior Quantitative Developer role. Emphasise your coding experience in Python, analytical skills, and any previous work in financial services or derivatives.

Craft a Strong Cover Letter: Write a cover letter that specifically addresses why you are a good fit for CMC Markets. Mention your understanding of market-making and how your background in quantitative finance or mathematics can contribute to their team.

Showcase Relevant Projects: If you've worked on projects related to quantitative development or financial modelling, include them in your application. Describe your role, the technologies used, and the impact of your contributions.

Highlight Soft Skills: In addition to technical skills, emphasise your communication abilities and teamwork experience. CMC Markets values strong collaboration, so provide examples of how you've successfully worked in teams or communicated complex ideas.

How to prepare for a job interview at CMC Markets

✨Showcase Your Technical Skills

As a Senior Quantitative Developer, you'll need to demonstrate your proficiency in coding, particularly in Python. Be prepared to discuss your previous projects and how you've applied your analytical skills to solve complex problems.

✨Understand the Market Making Industry

Familiarise yourself with the fundamentals of market making and derivatives. Being able to discuss current trends and challenges in the industry will show your genuine interest and understanding of the role.

✨Prepare for Scenario-Based Questions

Expect questions that assess your problem-solving abilities in real-time scenarios. Practice articulating your thought process clearly, as this will highlight your analytical skills and ability to work under pressure.

✨Emphasise Team Collaboration

The role involves working closely with various teams. Be ready to share examples of how you've successfully collaborated with others in past roles, showcasing your communication skills and team player mentality.

Senior Quantitative Developer (London)
CMC Markets
Location: Edgware
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