Options Quant Support Analyst

If you also believe that everyone should be able to achieve their financial potential, then you’ll love contributing to CMC Markets’ company vision of providing the ultimate trading experience. Seize the opportunity to progress your career in the fintech industry by joining a global leader in CFD trading and share investing. Grow yourself personally and professionally with a company that’s growing with you through global expansion and product offerings.

We are looking for an Quantitative Support Analyst to join our Quants team. This is a hands on, desk-facing technical support role sitting between the Options traders, Quants, Business Operations and Technology. The role provides functional support for the Options trading system and related front office workflows, investigates day to day issues, and enhances tactical Python scripts and operational tools used by the desk. You will support business as usual processes, automate repetitive tasks and escalate larger development work where appropriate. Support the trading desk and quantitative team in UK from a Python coding perspective. Understand how systems are performing, working in the trading system.

This is an excellent opportunity for an experienced Quantitative Analyst to build practical exposure to derivatives, trading and market making technology. You will also be working closely with our Quantitative Strategies department.

Why You’ll Like Working Here

Just some of the reasons you’ll love working here include:

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• Leave benefits: Enjoy your birthday off to spend time with family and friends, on us! Utilise a free annual charity day to give back to your community.
• $0 Trades: Staff & family trading accounts with CMC Markets Invest have access to the best brokerage rates in the market – $0 trades for all domestic and international equity orders!
• Continuous learning: Our L&D offering covers both technical and performance training, ensuring you’re always learning new skills.
• Unlimited access to a dedicated benefits & wellbeing hub where you can save money through various retailer discounts and make use of a variety of resources that will enhance your physical and mental wellbeing.
• Collaboration: We believe that great things happen when smart people work together; that’s why we’ve made the decision to work five days in the office.
• Office perks: Help yourself to free breakfast cereals, condiments, and coffee to fuel your workday. Our culture club provides opportunities for everyone, whether you’re into fitness, pizza-making classes, socialising or bringing out your competitive side in trivia or lawn bowls!

What You’ll Be Working On

• Design, implement and monitor quantitative trading strategies
• Design, model, code and report on quantitative research using Python
• Analyse technical indicators and conduct correlation analysis
• Provide desk facing functional and technical support
• Investigate and help resolve trading system, workflow, configuration, data and user issues, escalating where appropriate support for the Options trading system and related Derivatives workflows
• Liaise with Technology and Trading teams to explain, implement and debug trading strategies on trading platform
• Develop, maintain and enhance tactical Python scripts, utilities and support tools used by the desk and the Quants team
• Back test and optimise trading strategies and system
• Support business as usual processes, including application checks, issue triage, incident follow ups, release validation and post release support
• Make controlled bug fixes and small enhancements to existing Python scripts and operational code under guidance from the Options Quants team
• Automate repetitive support tasks and improve operation
• Gather requirements from Front Office users and Business Operations and help shape practical workflow improvements
• Understand the trading floor environment and the need to respond quickly to issues that can cause business outages
• Create maintenance, support and reporting tools relevant to the product area as appropriate
• Work closely with Options traders, Quants, Business Operations and Technology, including London based stakeholders

What Will Help You Be Successful?

Essential

• A degree in quantitative finance, mathematics, computer science or equivalent disciplines.
• Experience in front office support with trading application support, production support, technical business analysis or a technical support role within financial markets
• Solid mathematical understanding of basic time series analysis (Linear regression, generalized linear regression, ARCH/GARCH process), stochastic process (wiener process) and statistics
• Must have experience working across trading systems and related technology platforms
• Strong Python scripting skills, with the ability to read, debug, adapt and enhance existing scripts and operational tools
• Strong functional understanding of trading systems and workflows
• Experience in supporting a trading system in a prior role, coupled with Python and quantitative skills
• Good quantitivel and research skills

The things we live by

CMC Markets is powered by our people. We are an equal opportunities employer and are committed to creating a diverse and inclusive workplace, where our people feel confident to be themselves, feel valued and are able to do their best work. We don’t just value differences and unique perspectives, we seek them out and we invite them in, because we know it will lead to better outcomes for everyone

We’re always on the lookout for great people, so even if you don’t feel you are a 100% fit, apply with your up-to-date CV and we’ll consider you for this role and any other suitable opportunities across the business.

We look forward to hearing from you!

Please be vigilant when applying for jobs online. CMC Markets will never request personal identification details, such as Date of Birth or Tax File Number prior to an offer being made. If your initial application is successful, regardless of whether you've applied directly or through an approved recruiter, you will always liaise with a representative from CMC's Talent Acquisition team. We will only discuss a role you have formally applied for via phone or email (CMC Markets email address); and never via Facebook or Telegram.