Assistant Vice President - eTrading Quant

As the fixed-income market evolves due to regulatory pressures and market forces, the market microstructure in this asset class is witnessing the start of a dramatic change. Liquidity is low and fragmented and products are getting futurized and standardized. This has created a tipping point for E-Trading in fixed income to grow tremendously in the coming decade - just as the period 2000-2010 saw rapid electronification of equity markets globally.

Development of E-Trading applications offers the individual an opportunity to leverage their engineering education and analytical abilities to build a robust, low latency algorithm with direct business application and rapid feedback of results.

The global platform for a global bank is looking for extremely bright candidates for the role of E-Trading Quant to work in the E-Strats team within Fixed Income. Strats are a group of quants and quant-devs employed in the front office to deliver trading, risk and analysis tools through the full lifecycle of a trade from quoting on a market to end of day reporting. The specific role is to work with Algorithmic Trading. The E-Strats team is responsible for the electronic market making books for the desk as well as providing innovative tools for working with the voice traders.

ROLE

- Building quantitative trading strategies, portfolio optimization and minimizing trading costs

- Developing financial and mathematical models to be used for forecasting and computational simulation

- Analyze and research financial information to anticipate business, special industry and economic conditions regarding investment decisions

- Interpret data concerning price, yield and stability, and summarize data describing current and long-term trends in investment risks and economic influences.

PERSON SPECIFICATION:

Technical Skills:

- Educational background from a Tier-1 institution (Computer Science / Mathematics / Statistics / Engineering / Physics)

- Extremely strong analytical and quantitative skills

- Strong Object Oriented Programming skills are required

- Data structures (maps, lists, vectors, queues) and use cases

- Design patterns (factory, builder, adaptor, iterator, listener, producer/consumer, lambda functions, etc.)

- Object oriented programming (polymorphism, interfaces)

- Uses of singletons, static, global variables, const and immutability concepts

- Exception handling

- Programming experience in one of the following: Java, C++

Preferred skills for Java:

- Java 8, streams

- Google core libraries

- UI (e.g. jfree)

- JNI

Preferred skills for C++ :

- C++11/14

- Standard template library, boost

- KDB/Q experience is a plus

- Knowledge of R would be a plus

- Experience in financial markets / HFT / Algorithmic Trading is a definite plus

In sum: Proper hands on dev experience in Java or C++ along with KDB,

KDB is a must, market microstructure, data analytics /science for front office,

fixed income and bond trading, exp in building scalable systems with business knowledge, Quant driven development for RFQ, pricing, negotiation engines - must be front officer aligned not building back office settlement systems.

Behavioral Skills:

- Passion for quantitative & electronic trading

- Social and Interpersonal skills to be able to work in a distributed team environment

- Good oral and written communication skills