eFX Quantitative Trader (Intern)

• To research, test and implement quantitative pricing and trading strategies for an electronic FX market making business
• To provide daily support to various business stakeholders (eg traders, quants, sales) and help resolve any system issues as they arise
• To help grow the profitability of the business through the quantitative analysis of proprietary data

Key activities:

• Provide adequate support to the trading team in dealing with technical issues as they arise
• Analyse historical trades and market data with the use of an analytical programming language such as python to identify strategic opportunities
• Monitoring of system health and prices generated by the trading platform
• Optimizing platform parameters and settings
• Research, prototype and backtest new pricing and hedging strategies
• Coordinate with IT to bring new systematic trading strategies to production
• Assist in key system developments – pricing, hedging & position management & client tiering
• Identify client patterns and translate into strategic proposals to maximize the success of the global franchise
• Stay up to date with the latest research on algorithmic trading

Start: ASAP

Duration: 6 or 12 months

• Post graduate degree in a technical field (ie Engineering, Statistics, Physics, Applied Mathematics etc)
• Proficiency in an analytical programming language such as python, R or MATLAB to be used daily for research and analysis
• Strong interest in trading financial instruments such as fx, stocks, bonds and derivatives
• Interest in algorithmic trading
• Motivated to learn all aspects of a trading business including pricing, risk management, trade workflow and client analytics
• Willingness to frequently engage other team members including sales, client services, IT, and traders to learn about the business
• Experience with java, c++ and a database language such as q or sql preferred
• Graduated in the last 12 months or working towards graduation
• Expected to or have achieved a minimum 2.1 UK bachelors degree (or equivalent)
• Minimum 120 UCAS points (or equivalent)
• Knowledge of Microsoft Office (especially excel and word)
• Some business knowledge or previous internships within Financial Services but not essential
• Team player
• Strong verbal and written communication skills
• Fluent English

Would you like to become a member of a strong and dedicated team? If so, please submit your application online. Visit www.commerzbank.com/career for more information.

We value our diversity: different cultural backgrounds, as well as different capabilities and experiences, result in a diversity of ideas and a stimulating working atmosphere. Active diversity management is an integral part of our organization and our profile as a fair and attractive employer.