At a Glance
- Tasks: Drive FX quantitative research to enhance benchmarks and reduce manipulation risks.
- Company: Join the London Stock Exchange Group, a leader in financial markets infrastructure.
- Benefits: Enjoy tailored benefits, healthcare, retirement planning, and paid volunteering days.
- Other info: Be part of a diverse team that values individuality and encourages new ideas.
- Why this job: Make a significant impact in a dynamic environment focused on innovation and sustainability.
- Qualifications: PhD in a quantitative discipline and proficiency in Python and C/C++ required.
The predicted salary is between 43200 - 72000 € per year.
Job Description
We are seeking an experienced and highly analytical FX Quantitative Researcher to join our FICC Quantitative Research team, based in London. This manager-level role is focused on improving the robustness, tradability, and representativeness of FX benchmarks through deep empirical research and methodological enhancement/evolution.
Role Overview
The successful candidate will drive FX quantitative research initiatives aimed at reducing benchmark susceptibility to manipulation and enhancing and evolving methodological design, consistent with market microstructure dynamics. Leveraging the successful candidates deep understanding of FX market microstructure and pricing dynamics, you will support internal capital markets teams, FX product teams and engage with external WM ecosystem stakeholders to ensure the benchmarks remain fit for purpose in evolving and fast-moving market conditions. Furthermore, the role requires driving thought leadership and research content relevant to FX markets and the unique WM ecosystem.
Responsibilities
- Conduct empirical research on FX benchmark design and pricing behaviour across over 150 currency pairs and Forwards/NDFs
- Identify and validate methodological improvements to enhance tradability, representativeness, and manipulation resilience
- Provide technical oversight to FX market surveillance teams and collaborate on the design of monitoring frameworks
- Work in close collaboration with internal quant and capital markets teams, as well as external stakeholders, including bank algo trading teams to drive methodological enhancements and to thought leadership
- Present research findings to internal decision-makers, regulators, and sophisticated institutional benchmark consumers
- Explore AI-driven techniques to augment traditional quantitative analysis
- Work directly with high-frequency FX data, build research tools, and support infrastructure development
- PhD or advanced degree in econometrics, mathematics, statistics, or a related quantitative discipline
- Strong publication record, preferably in areas related to FX market microstructure, FX price formation, high frequency trading or pricing models
- Proficiency in Python and C/C++, with experience working with large datasets
- Familiarity with FX instruments including spot, forwards, NDFs, swaps, and options
- Comfortable working with raw and high-frequency data from platforms such as EBS, LSEG D&A
- Experience building or enhancing research and surveillance infrastructure
- Strong communication skills and ability to engage with both technical and non-technical audiences
LSEG is a leading global financial markets infrastructure and data provider. Our purpose is driving financial stability, empowering economies and enabling customers to create sustainable growth.
Our purpose is the foundation on which our culture is built. Our values of Integrity, Partnership , Excellence and Change underpin our purpose and set the standard for everything we do, every day. They go to the heart of who we are and guide our decision making and everyday actions.
Working with us means that you will be part of a dynamic organisation of 25,000 people across 65 countries. However, we will value your individuality and enable you to bring your true self to work so you can help enrich our diverse workforce.
We are proud to be an equal opportunities employer. This means that we do not discriminate on the basis of anyone's race, religion, colour, national origin, gender, sexual orientation, gender identity, gender expression, age, marital status, veteran status, pregnancy or disability, or any other basis protected under applicable law. Conforming with applicable law, we can reasonably accommodate applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs.
You will be part of a collaborative and creative culture where we encourage new ideas. We are committed to sustainability across our global business and we are proud to partner with our customers to help them meet their sustainability objectives. Our charity, the LSEG Foundation provides charitable grants to community groups that help people access economic opportunities and build a secure future with financial independence . Colleagues can get involved through fundraising and volunteering.
LSEG offers a range of tailored benefits and support, including healthcare, retirement planning, paid volunteering days and wellbeing initiatives.
Please take a moment to read this privacy notice carefully, as it describes what personal information London Stock Exchange Group (LSEG) (we) may hold about you, what it's used for, and how it's obtained, your rights and how to contact us as a data subject .
If you are submitting as a Recruitment Agency Partner, it is essential and your responsibility to ensure that candidates applying to LSEG are aware of this privacy notice.
FX Quantitative Senior Analyst, FICC - London Stock Exchange Group employer: London Stock Exchange Group
At London Stock Exchange Group, we pride ourselves on being an exceptional employer that fosters a culture of innovation, integrity, and collaboration. Our dynamic work environment in London not only encourages professional growth through continuous learning and development opportunities but also values diversity and individuality, ensuring every employee can contribute their unique perspectives. With a comprehensive benefits package that includes healthcare, retirement planning, and paid volunteering days, we are committed to supporting our employees' well-being while driving meaningful impact in the financial markets.
Contact Detail:
London Stock Exchange Group Recruiting Team
StudySmarter Expert Advice🤫
We think this is how you could land FX Quantitative Senior Analyst, FICC - London Stock Exchange Group
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and FX sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Show off your skills! Create a portfolio showcasing your quantitative research projects, especially those related to FX market microstructure. This will give potential employers a taste of what you can bring to the table.
✨Tip Number 3
Prepare for interviews by brushing up on your technical knowledge and current trends in FX markets. Be ready to discuss your past research and how it relates to the role. Practice makes perfect, so consider mock interviews with friends or mentors.
✨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, we love seeing candidates who are proactive about their job search!
We think you need these skills to ace FX Quantitative Senior Analyst, FICC - London Stock Exchange Group
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the FX Quantitative Senior Analyst role. Highlight your experience with FX market microstructure and any relevant research you've conducted. We want to see how your skills align with our needs!
Showcase Your Research Skills:In your application, emphasise your empirical research experience and any publications you have. We love candidates who can demonstrate their analytical prowess and thought leadership in FX markets.
Be Clear and Concise:When writing your cover letter, keep it clear and to the point. We appreciate straightforward communication, so make sure to express your passion for the role and how you can contribute to our team without fluff.
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re serious about joining our team at LSEG.
How to prepare for a job interview at London Stock Exchange Group
✨Know Your FX Market Microstructure
Make sure you brush up on your understanding of FX market microstructure and pricing dynamics. Be prepared to discuss how these concepts influence benchmark design and manipulation resilience, as this will be crucial for the role.
✨Showcase Your Research Skills
Bring examples of your empirical research work, especially related to FX benchmarks or high-frequency trading. Highlight any publications you've contributed to, as this demonstrates your expertise and thought leadership in the field.
✨Demonstrate Technical Proficiency
Be ready to talk about your experience with Python and C/C++. If possible, prepare to discuss specific projects where you've worked with large datasets or built research tools, as this will show your hands-on capabilities.
✨Engage with Stakeholders
Think about how you would communicate complex quantitative concepts to both technical and non-technical audiences. Prepare examples of past collaborations with internal teams or external stakeholders, as effective communication is key in this role.
