Lead E-Trading Test Quant/Strat (VP & Dir)

London
Ref: ETRS-1905
Up to £200k Base + Benefits + Bonus
Tier-1 Investment Bank
Front Office, Electronic trading, Algos, Conduct Risks & Controls, Testing

This top-tier Investment Bank is a leading providers of Electronic Trading solutions with a risk framework to manage operational risk of electronic trading across the business, IT and production.  They now seek an electronic trading Risk Strat to report to the head of electronic trading and strats. This front office role is business aligned and in it you will help management assess risk across FX, Rates & Debt Electronic Trading and lead testing for risk scenarios.

KEY RESPONSIBILITIES:

  • Implement in-depth risk assessments of algorithms on changes
  • Review testing outcomes and source code and test designs for risk scenarios
  • Review standards of control, often within the algorithm code itself, & with relevant algorithm owners
  • Design and document standards for testing for trading algorithms
  • Assist in the build-out of a conduct risks assessment framework for algorithmic trading
  • Chair trading algorithms change review forums
  • Perform electronic trading assessment peer reviews
  • Help drive risk and control programs and perform independent signoff to changes in algorithm strategies

KEY SKILLS & EXPERIENCE:

  • Excellent grasp of electronic trading SDLC procedures standards and relevant risks
  • Able to influence developers in how software implementations can mitigate risks (Algorithm or system architecture)
  • Strong technical expertise to develop testing standards for conduct risks
  • Programming in a mixed language environment such as Java, Python and C++
  • KDB time series database with Q as a programming language
  • Analytical and data science tools such as Machine Learning
  • Communication & stakeholder management is key + briefing materials to senior management

ADVANTAGEOUS:

  • Previous experience gained in, for example:  model validation, trading, software development, production management and/or quality assurance of trading algorithms
  • Minimum of BSc in Computer Science, Maths, Stats, Engineering or Physics