Job description
Your tasks
- To research, test and implement quantitative pricing and trading strategies for an electronic FX market making business
- To provide daily support to various business stakeholders (eg traders, quants, sales) and help resolve any system issues as they arise
- To help grow the profitability of the business through the quantitative analysis of proprietary data
Key activities:
- Provide adequate support to the trading team in dealing with technical issues as they arise
- Analyse historical trades and market data with the use of an analytical programming language such as python to identify strategic opportunities
- Monitoring of system health and prices generated by the trading platform
- Optimizing platform parameters and settings
- Research, prototype and backtest new pricing and hedging strategies
- Coordinate with IT to bring new systematic trading strategies to production
- Assist in key system developments – pricing, hedging & position management & client tiering
- Identify client patterns and translate into strategic proposals to maximize the success of the global franchise
- Stay up to date with the latest research on algorithmic trading
Start: ASAP
Duration: 6 or 12 months
Your profile
- Post graduate degree in a technical field (ie Engineering, Statistics, Physics, Applied Mathematics etc)
- Proficiency in an analytical programming language such as python, R or MATLAB to be used daily for research and analysis
- Strong interest in trading financial instruments such as fx, stocks, bonds and derivatives
- Interest in algorithmic trading
- Motivated to learn all aspects of a trading business including pricing, risk management, trade workflow and client analytics
- Willingness to frequently engage other team members including sales, client services, IT, and traders to learn about the business
- Experience with java, c++ and a database language such as q or sql preferred
- Graduated in the last 12 months or working towards graduation
- Expected to or have achieved a minimum 2.1 UK bachelors degree (or equivalent)
- Minimum 120 UCAS points (or equivalent)
- Knowledge of Microsoft Office (especially excel and word)
- Some business knowledge or previous internships within Financial Services but not essential
- Team player
- Strong verbal and written communication skills
- Fluent English
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Would you like to become a member of a strong and dedicated team? If so, please submit your application online. Visit www.commerzbank.com/career for more information.
We value our diversity: different cultural backgrounds, as well as different capabilities and experiences, result in a diversity of ideas and a stimulating working atmosphere. Active diversity management is an integral part of our organization and our profile as a fair and attractive employer.