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Commerzbank is the leading bank for the German Mittelstand and a strong partner for around 30,000 corporate client groups and around 11 million private and small-business customers in Germany.
Task
- 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 (e.g. 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
Profile
- Provide adequate support to the trading team in dealing with technical issues as they arise
- 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
Key Requirements
- Graduated in the last 12 months
- Achieved a minimum 2.1 UK bachelors degree (or equivalent)
- Minimum 320 UCAS points (or equivalent)
- Post graduate degree in a technical field (i.e. Applied Mathematics, Statistics, Physics, Engineering etc)
- Comfortable working with statistical analysis and backtesting languages (e.g. R, Matlab, Python), some experience with q/kdb+ and Java preferred
- Knowledge of Microsoft Office (especially excel and word, a basic knowledge of VBA, or similar, would be an advantage)
- Some business knowledge, or previous internships, within Financial Services useful but not essential
