At a Glance
- Tasks: Lead the development of FX Options electronic trading tools and enhance trader experience.
- Company: Join HSBC, a global leader in banking and financial services.
- Benefits: Enjoy competitive pay, private healthcare, and tailored professional development.
- Other info: Diverse and inclusive workplace committed to your growth and success.
- Why this job: Make a real impact in a dynamic trading environment with cutting-edge technology.
- Qualifications: Experience in FX electronic trading and strong coding skills in Python or C++.
The predicted salary is between 75600 - 92400 £ per year.
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 is one of the largest banking and financial services organisations in the world, with operations in 64 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfil their hopes and realise their ambitions.
We are currently seeking a professional to join our team in the role of FX Options Electronic Trading Quant & Product Owner (Associate Director). This role sits within Markets, as part of the FX Options Trading Desk, working closely with colleagues across Quantitative Research and Technology to design, prototype, and deliver electronic trading capabilities for FX Options. The role is based in London.
The purpose of the role is to own the roadmap and delivery of FX Options electronic trading tooling, including electronic pricing, volatility surface marking, exchange‑listed FX options execution, and backtesting infrastructure. This is a hands‑on position requiring strong stakeholder leadership and the ability to stay close to the code — prototyping solutions and validating them against live market behaviour.
As an HSBC employee in the UK, you will have access to tailored professional development opportunities and a competitive pay and benefits package. This includes private healthcare for all UK‑based employees, enhanced maternity and adoption pay and support when you return to work, and a contributory pension scheme with a generous employer contribution.
In This Role You Will Be Responsible For:
- Own the product roadmap for FX Options electronic trading tooling, balancing trader demand, P&L impact, technical feasibility, and strategic direction, and acting as the key point of accountability for the desk.
- Define and deliver electronic pricing and execution capabilities across volatility surface construction and automated marking, streaming/RFQ pricing for vanilla and exotics, and exchange‑listed FX options execution (e.g., CME).
- Prototype and validate models and decision logic (primarily in Python) to de‑risk delivery, resolve ambiguous requirements with data, and partner with core Quant on model development and validation.
- Build backtesting and analytics capability to assess strategy performance and support evidence‑based enhancement prioritisation.
- Lead end‑to‑end delivery and operational ownership, including requirements, testing/UAT, rollout, post‑release support, issue investigation, and contributing to controls/monitoring and broader e‑trading architecture.
- Identify and implement AI/ML‑driven workflow improvements that enhance trader experience and deliver measurable business outcomes.
To Be Successful In This Role You Should Have:
- Demonstrable experience in FX (or closely related Rates / Equity Derivatives) electronic trading in a Quant, Strat, Quant Developer, or Quant/Product Owner capacity.
- Strong mathematical background and the ability to translate trading problems into well‑specified quantitative and engineering work.
- Strong understanding of FX Options pricing, including volatility surface representations, Greeks and second‑order risks, practical vol marking, and risk management for an exotic options book.
- Strong coding ability in Python and/or C++, sufficient to prototype pricing logic, analyse trading data, and read/review production code.
- Demonstrated experience building or owning electronic pricing / auto‑quoting systems, including controls and operational readiness.
- Proven track record of delivering production changes end‑to‑end, including handling edge cases, post‑release support, and working constructively through trader feedback and challenge.
- Strong stakeholder management skills with the ability to build trusted relationships across Trading, Quant and Technology teams.
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.
FX Options Electronic Trading Quant & Product Owner (Associate Director) in London employer: hackajob
At hackajob, we pride ourselves on being an exceptional employer that fosters a culture of innovation and inclusivity. Our diverse team thrives in a high-performance environment where your contributions directly impact our multi-asset platform's success. With ample opportunities for professional growth and a commitment to employee development, joining us means being part of a forward-thinking company that values your expertise and ambition.
StudySmarter Expert Advice🤫
We think this is how you could land FX Options Electronic Trading Quant & Product Owner (Associate Director) in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like hackajob. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace FX Options Electronic Trading Quant & Product Owner (Associate Director) in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to hackajob.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on hackajob's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at hackajob
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with hackajob.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at hackajob will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former hackajob employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
