Credit E-Trading Quant Strat, QSG

  • Competitive
  • London, England, United Kingdom London England GB
  • Permanent, Full time
  • Bank of America Merrill Lynch
  • 21 Aug 18 2018-08-21

Credit E-Trading Quant Strat, QSG

Job Description:

The Credit e-Trading strats group - part of the FICC Quantitative Strategies group - is seeking a junior quantitative strategist to join the team in London. The team is responsible for the research, development and delivery of quantitative methods to inform and enhance the trading decisions of the Credit Flow desk. The role requires a combination of quantitative, business and technical expertise and as such requires close co-operation with our partners in credit trading and technology.

Role Responsibilities:

  • Developing, testing and documenting algorithms to price corporate bonds and CDS Index;
  • Enhancing existing infrastructure and algorithms;
  • Developing and maintaining tools to inform hedging and trading decisions;
  • Liaising regularly with traders to understand their requirements;
  • Analysing potentially large data sets to understand and predict market and client behaviours.

  • Academic background at undergraduate or Masters/PhD level in a quantitative subject (Physics, Engineering, Statistics, Mathematics, Computer Science or other analytical background);
  • Strong programming skills in Java, Python and q/kdb.
    • Experience of Javascript and web development desirable.
  • Experience of designing, building, and managing production systems and knowledge of underlying infrastructures beneficial;
  • Good problem solving skills and pragmatic approach;
  • Good interpersonal skills with the ability to present complex ideas clearly;
  • Previous experience of financial markets, credit electronic trading advantageous, but not a pre-requisite.

Good conduct and sound judgment is crucial to our long term success. It's important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mindset are the cornerstones of our Code of Conduct and are at the heart of managing risk well.
As part of our standard hiring process to manage risk, please note background screening checks will be conducted on all hires before commencing employment

If you are interested in this opportunity please send your details to us by applying online with your CV.
We are an equal opportunities employer, and ensure that no applicant is subject to less favourable treatment on the grounds of gender, marital status, race, colour, nationality, ethnic or national origins, age, sexual orientation, responsibilities for dependants, physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.