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- Tasks: Join us as a Junior Quantitative Analyst, improving business processes and developing solutions.
- Company: Spreadex is a leading sports and financial spread betting provider with 25 years of success.
- Benefits: Enjoy hybrid working, competitive salary, 25 days holiday, and private medical insurance.
- Why this job: Be part of a vibrant team, work on exciting projects, and grow your career in finance.
- Qualifications: A mathematical degree (2-1 or higher) and strong A-Levels in Science or Maths are required.
- Other info: Opportunities for rapid career progression and internal training in C# and SQL.
The predicted salary is between 28800 - 48000 £ per year.
About Us
Spreadex has been operating for 25 years as a sports and financial spread betting provider. The business expanded to offer fixed odds betting in 2010, casino betting in 2011 and CFD trading in 2017. Spreadex is the only global operator to offer all of these services under one brand.
After 25 years of sustained profits, we’re now looking to take the next step and materially grow the business in the next 5 years on both the sports and financials side. Our ambitious plans are being supported by a material increase in our Marketing Budget and our expansion into Denmark. To support this growth, Spreadex is committed to more diversity and equality within our teams.
This opening provides the successful candidate with the opportunity to join a growing team in a vibrant office based in St Albans, just outside London. The role will be a mix of working from the office and working from home.
About The Position
The successful candidate will evaluate current business processes, uncover areas for improvement and then develop and implement the solutions. This role will offer a wide scope of business interaction working with both our financial and development teams.
We are looking to improve processes within our financial trading room and the successful candidate will be a key part of that. As a retail broker, we deal with a wide range of products from single stock equities, FX, futures, commodities, and cryptocurrencies. Successful candidates will be analysing client performance and the efficiency of our hedging process in these products. In addition, they will work to maintain and enhance our internal models used to measure market risk.
Your role as a developer will involve maintaining and developing various internal applications that are critical to room performance. From day 1 you will be designing and implementing programs that improve room efficiency and increase profitability. There are plenty of opportunities for career growth with internal training in our used languages provided (C# and SQL) combined with the participation in external courses funded and encouraged.
You will have ownership of projects; you will lead them through development and testing all the way through to business readiness and acceptance.
Recent projects have included designing a programmatic trading solution and using Machine Learning to estimate the value of a client over their lifetime.
CAREER PROGRESSION
We would expect you to spend roughly 1 year at the Junior Quantitative Analyst level. During this time, the focus will be on your education, and you will be supported through a variety of smaller scale projects.
After this you would progress to the Quantitative Analyst role where you would be expected to manage your own projects which would involve the more demanding areas of the codebase.
Finally, if this role is performed to a high level you would progress to a Senior Quantitative Analyst after roughly 3 years with Spreadex. You would work on the most demanding areas of the codebase whilst supporting more junior team members with their work. In addition, you would work with management in deciding team strategy and the prioritisation of work.
We would like to add that this structure is very flexible and if you perform at an exceptional level then you would be given the most interesting/complicated projects very quickly.
About You
- You will have a mathematical based degree from a top University at grade 2-1 or higher.
- Strong A-Level’s, in Science or Maths based subjects.
- Interest/experience with quantitative finance is required.
- Programming experience/ Interest in learning. Preferably in C# and SQL.
- Ability to deal with quantitative based problems.
Benefits
- Competitive salary and bonus scheme
- Hybrid working (3 days working from home), including 2 weeks remote working from any location after 6 months of service
- 25 days holiday, rising to 30 after 2 years
- Enhanced parental leave
- Contributory pension scheme
- Private medical insurance scheme
- Discounts for gym membership, travel & cinema
- Sabbatical after 10 years of service
Spreadex has been operating for 25 years as a sports and financial spread betting provider. The business expanded to offer fixed odds betting in 2010, casino betting in 2011 and CFD trading in 2017. Spreadex is the only global operator to offer all of these services under one brand.
After 25 years of sustained profits, we’re now looking to take the next step and materially grow the business in the next 5 years on both the sports and financials side. Our ambitious plans are being supported by a material increase in our Marketing Budget and our expansion into Denmark. To support this growth, Spreadex is committed to more diversity and equality within our teams. #J-18808-Ljbffr
Junior Quantitative Analyst employer: Spreadex
Contact Detail:
Spreadex Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Junior Quantitative Analyst
✨Tip Number 1
Familiarise yourself with the latest trends in quantitative finance and trading strategies. This knowledge will not only help you during interviews but also demonstrate your genuine interest in the field.
✨Tip Number 2
Network with professionals in the industry, especially those working at Spreadex or similar companies. Attend relevant events or join online forums to make connections that could lead to valuable insights or referrals.
✨Tip Number 3
Brush up on your programming skills, particularly in C# and SQL. Consider working on personal projects or contributing to open-source projects to showcase your abilities and commitment to learning.
✨Tip Number 4
Prepare for technical interviews by practising problem-solving and quantitative analysis questions. Use platforms like LeetCode or HackerRank to sharpen your skills and get comfortable with coding challenges.
We think you need these skills to ace Junior Quantitative Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your mathematical background and any relevant programming experience, especially in C# and SQL. Emphasise your analytical skills and any projects related to quantitative finance.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention specific projects or experiences that align with the responsibilities of a Junior Quantitative Analyst at Spreadex, showcasing your problem-solving abilities.
Showcase Relevant Experience: If you have any internships or projects related to quantitative analysis or finance, be sure to include them. Detail your contributions and the outcomes, demonstrating how they prepare you for this role.
Highlight Your Learning Mindset: Spreadex values continuous learning. Mention any courses or self-study you've undertaken in programming or quantitative finance. This shows your commitment to personal growth and aligns with their training opportunities.
How to prepare for a job interview at Spreadex
✨Showcase Your Analytical Skills
As a Junior Quantitative Analyst, you'll be expected to evaluate business processes and suggest improvements. Be prepared to discuss specific examples from your academic or personal projects where you've successfully analysed data or solved quantitative problems.
✨Demonstrate Programming Knowledge
Since programming in C# and SQL is crucial for this role, brush up on your coding skills. You might be asked to solve a coding problem during the interview, so practice writing clean and efficient code beforehand.
✨Understand the Financial Products
Familiarise yourself with the range of products that Spreadex deals with, such as equities, FX, and cryptocurrencies. Showing that you have a grasp of these concepts will demonstrate your genuine interest in the role and the company.
✨Prepare Questions About Career Progression
Spreadex offers clear career progression opportunities. Prepare thoughtful questions about how you can grow within the company, what training is available, and how performance is evaluated. This shows your ambition and eagerness to develop professionally.