Job Title: Head of Quantitative Analysis
Location: CMC Markets
CMC Markets is seeking a highly skilled and experienced Head of Quantitative Analysis to lead a dynamic and expanding quantitative team. This strategic leadership role involves overseeing the development of innovative trading strategies, financial models, and automated solutions that drive pricing and risk management. The successful candidate will collaborate closely with senior executives and cross-functional teams, translating quantitative insights into scalable, automated trading and market-making systems.
Business Function Overview:
Research & Innovation:
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Lead the development of advanced quantitative models for trading and market-making across FX, equities, and derivatives.
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Apply high-level financial mathematics and statistical methodologies to uncover and leverage new trading opportunities.
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Use modern Python tools and libraries to create, test, and implement research ideas into production-ready applications.
Algorithmic Trading Development:
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Head the architecture and optimization of automated trading platforms in line with current regulatory and market standards.
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Build and maintain a robust quality assurance process, incorporating automated testing and agile best practices to support continual refinement.
Key Responsibilities:
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Drive the design and prototyping of forward-thinking trading algorithms and risk management tools.
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Lead the creation and maintenance of advanced analytics and backtesting environments, primarily using Python.
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Ensure the quality and integration of code, overseeing the full deployment lifecycle of trading systems.
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Partner with the Financial Risk Management team on long-term valuation, risk reporting, and execution quality projects.
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Own the research and prototyping process for pricing and risk strategies in FX, equities, and derivatives, coordinating with trading leadership.
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Provide mentorship to quant analysts, researchers, and developers, fostering a culture rooted in innovation, automation, and continuous learning.
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Manage project delegation and resource allocation to sustain a high-performing, agile quant team.
Required Skills & Experience:
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Advanced academic background in Quantitative Finance, Financial Engineering, Computer Science, or a similar quantitative discipline.
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Proven experience in a front-office quant trading role, with a track record of managing pricing and risk for complex financial products.
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Strong command of quantitative finance, statistical analysis, and machine learning techniques relevant to trading.
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Expert-level Python programming skills, with hands-on experience in libraries such as NumPy, Pandas, SciPy, and machine learning tools. Java knowledge is an advantage.
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Experience working with time-series databases, source control systems, and CI/CD processes.
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Knowledge of cloud infrastructure and scalable software architecture is desirable.
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Excellent verbal and written communication abilities.
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Eligibility to serve as a Certified Function under the FCA’s SMCR framework.
CMC Markets is committed to diversity and inclusion and welcomes applications from all qualified individuals, regardless of background or identity.
