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A successful FX Quantitative Researcher, first and foremost, must be an expert in mathematics and statistics. We are looking for someone who loves to work with numbers and code automated trading algorithms. You should have an innate desire to generate and backtest new trading ideas, with generation of alpha and automated strategies as ultimate output goals. You will work alongside Traders and Quantitative Researchers on state of the art trading solutions. If this sounds like music to your ears, and passion to solve and code mathematical problems are your trademark traits, then this opportunity is for you.
What You Will Do
Collaborate with Traders and Quant Researchers to optimize and improve trading strategies
Research and analyze financial data to find exploitable patterns
Design and implement complex quantitative models and automated trading algorithms
A Day in the Life
I arrive at the office and walk into the lounge to get myself a sandwich and a glass of orange juice and while I am at it, I bring some coffee for my teammates. I log in to my computer and walk towards the huddle area to listen to the daily morning meeting which gets us up to speed on what has happened over night and the most important things to expect for today.
After the morning meeting I start running the quantitative models that are already in production and send updated parameters to Traders so they can put it in their trading engine. Thereafter it is mostly programming, I start working on my to-do list which are mostly researching and designing new trading algorithms, but projects can range from statistically investigating a trading idea in Python, R or MATLAB to coding new improved versions of trading algos in JAVA. As an example today I was working on a bug in one of the trading algorithms that I wrote as we noticed it doing some weird trades.
After lunch I continue where I left off and try to finish any projects with pressing deadlines, or ad-hoc research requests that come in. As most European exchanges close, I shut down my PC and head home. However, on Fridays it usually worthwhile to stay and have a drink at our in-house bar where some good old trash talking usually leads to a counterstrike team battle at our gaming room combined with a few beers.
What You Need to Succeed
2-7 years quantitative research experience with a focus on pricing and hedging strategies at a market maker
A Master degree in Econometrics, Mathematics, Physics, Statistics, Computer Science or similar (PhD preferred)
Strong understanding of market microstructure in the asset class of expertise
Proficient in programming (e.g. Java and Python)
Experience in low latency set ups
Strong mathematical and statistical skills
Ability to reason logically, deliver under pressure and take ownership
Competitive attitude, eager to learn, proactive and able to work in a team
Excellent verbal and written English skills
Please apply through our website with a CV and convincing cover letter. You might receive an invitation for an aptitude test. During the recruitment process, you will meet several people from the Quant and Trading teams who will test your problem solving skills and your mathematics background. Do you love solving puzzles? Great, then this could be the job for you!
What We Offer
We like to think that talent grows at Flow and stays at Flow. To ensure this, we provide our employees with an extensive onboarding program, access to Flow Academy, the best working environment, the latest technology and continuous support. We go out of our way to retain the small business feeling with which we started and stimulate innovation and collaboration through teamwork and our non-hierarchical approach. We offer competitive salary, annual discretionary bonus and other fantastic perks and benefits, such as:
Flow Academy for continuous learning and opportunities to attend domain-related conferences
Our own company boat
In-house gym and sessions with our nutritionist or personal trainer
In-house Bar and Lounge with an arcade, table tennis, billiards table and game consoles
Daily catered lunch, amazing coffee and a fully stocked kitchen and snack bar
Weekly chair massages
Annual company trip and a variety of events throughout the year, such as the Year End Party that exceeds expectations