IMR Quantitative Analyst Markets – Algorithmic Trading Models

Job description

The role of the IMR Quantitative Analyst Markets – Algorithmic Trading Models is to support the implementation and co-ordination of a global vision and strategy for Independent Model Review, specifically in the Algorithmic Trading scope which is currently a growing Business within the Bank.

Your responsibilities will include:

· Key Accountabilities and Impact on the Business
· Assessing the relevance and reliability of the mathematical models used by HSBC's Systematic Trading Business. These trading algorithms cover the market-making, client execution and risk management activities across HSBC globally.
· Providing independent analysis of the assumptions underlying the proposed models, their limitations, their relevance for the proposed uses, the quality of their implementation and of the input data, the adequacy of governance and surrounding documentation.
· Designing, implementing and performing adequate testing as well as coordinating related testing performed by other junior analysts.
· Building and maintaining strong relationships with model owners, developers and users.
· Being a reference in terms of knowledge of the models and techniques used by the industry, keeping ahead of future developments by performing relevant research work to ensure review independence and quality.
· Customers/Stakeholders

Primary stakeholders are Electronic Trading Desks across all asset classes: FX, Equities and Fixed Income.

The role also involves interaction with other stakeholders such as: Compliance, Business Management, IT and Audit.

Desired profile

Qualifications :

The ideal candidate for this role will have the below experience and qualifications:

·  Graduate (equivalent) in applied mathematics, quantitative finance, Statistics or related scientific area.
·  Deep understanding of the theoretical grounds of quantitative finance and of the corresponding mathematical framework. Strong statistical knowledge is an asset for this position.
·  Good understanding of market mechanisms. Notions around algorithmic trading are a bonus.
·  Good programming skills (Python, Matlab, C++).
·  Critical mind and ability to challenge, intuition of implicit assumptions in mathematical developments.
·  Good communication skills (written and spoken), ability to engage with different stakeholders and to synthesize.
·  Ability to conduct several related projects simultaneously and to meet tight deadlines.
· 
·  A track record of constantly looking for ways to do things better and an excellent understanding of the mechanism necessary to successfully implement change
·  A flexible and adaptable management style with experience of developing yourself and others
·  Built effective networks across business areas, developing relationships based on mutual trust and encouraging others to do the same
·  Experience of creating and deploying comprehensive business/operating plans which consistently deliver desired results
·  A comprehensive understanding of risk management and proven experience of ensuring own/others' compliance with relevant regulatory processes

The base location of this role will be London, 8 Canada Square

HSBC is committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment.