Jul 09, 2024

Junior Quant Analyst (2961)

  • equiti
  • London, UK
Full time Quantitative Analytics

Job Description

Equiti is a pioneering fintech firm and world-class provider of multi-asset fintech products - from liquidity solutions to in-house tech hubs to online trading platforms. With over 400 global specialists in 9 languages, Equiti provides clients with access to individual, professional, and institutional brokerage services in Europe, the Middle East, and Africa. 

At Equiti, we believe that financial opportunities can unlock potential for everyone, everywhere. We’re on a mission to deliver accessible online trading products around the world through education and accessibility. 

 

Think finance is stuffy? Think again. 

 

We see Equiti as a new breed of broker, and we are on the lookout for talented individuals who can perform and excel in a dynamic and innovative working environment. Our Trading Operations Management department would like to welcome a detail-oriented

 

Junior Quant Analyst in our office in London

 

The Quant Team is one of Equiti’s newest department and is already having a huge impact. The Quant Team design and test trading algorithms and analyze clients trades for patterns. The objective of the Quant Team is to make efficiencies from existing trades and make existing products more appealing to clients. 

 

Responsibilities 

  • Analyzing the trading desk performance and back testing hedging strategies. 
  • Accountable for parts of the Firm’s Price Engine and market-making tools. 
  • Monitoring the pricing for the Firm, including price filters and primary, back up and benchmark price streams. 
  • Working with liquidity management to develop trade decay tools and spread monitoring tools. 
  • Working with Front Office to ensure the customer experience is maintained at a high level. 
  • Analyzing financial data to identify trading trends and patterns. 
  • Building models to forecast financial performance. 
  • Creating and maintaining daily, weekly, monthly reports across the department. 
  • Facilitating ad-hoc requests from management regarding pricing and products. 
  • Collaborating with cross-functional teams within Trade Ops to identify opportunities to leverage data and analytics to improve business outcomes. 
  • Designing, testing and updating algorithms used for hedging and hedging routes to exchanges. 
  • Designing and launching of new instruments for clients. 
  • Analysis of the trading desk performance and back testing hedging strategies. 
  • Developing trade decay tools and spread monitoring tools. 
  • Weekly and monthly customer service metrics and MI. 
  • Building ad-hoc data sets for investigations and facilitate management requests. 

 

Skills & Competencies 

  • Strong data analysis and excel skills 
  • Advanced programming skills in Python 
  • Strong understanding of databases including MySQL and queries 
  • Understanding and keen interest in trading and the financial markets 
  • Analytical mindset, with inquisitive nature 

 

Experience Requirements 

  • Minimum 1 year of experience in either CFD/FX business, Quantitative role or Data Analysis role 
  • Degree in Data Science, Computer Science or a mathematical subject (with demonstrated modules in Data/Computer Science) 
  • Good to have Experience of MT4 / 5 trading platforms and bridges/gateways 

 

Perks 

Each of our offices has its special perks; be it ‘no ties’, free lunches, charity events, or a hybrid work policy – but whenever you walk into an Equiti office, you’re sure to see a friendly face. We encourage international collaborations and always keep our eyes open to how we can do more. 

The benefits you can expect at your Equiti workplace include: 

 

  • Competitive salary package 
  • Performance-based quarterly bonus 
  • Medical insurance coverage for employees (and family members at cost to employee) 
  • Smart working options 
  • Employee wellness initiatives 
  • Personalized career development 
  • Company lunch in the office 
  • Regular company events

 

With energy, drive, and imagination, there’s no limit to where your career can go at Equiti. With a diverse workforce and geographical spread of offices, we strongly support career development initiatives as well as provide a range of opportunities for professional and life experiences. 

Equiti is an equal opportunity employer. 

 

“Equiti” refers to a group of companies consisting of seven regulated financial services companies licensed to operate in the respective jurisdictions of their incorporation, in addition to our tech and marketing hubs. Equiti has presence in Africa, Europe, and the Middle East.