Associate, eRisk Quantitative Strategist

If you’re looking for a career that will help you stand out, join HSBC, and fulfil your potential - whether you want a career that could take you to the top, or an exciting new direction, we offer opportunities, support and rewards that will take you further

We’re one of the largest banking and financial services organisations in the world, with a network that covers more than 50 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people fulfil their hopes and realise their ambitions

We are currently seeking an experienced professional to join our team in the role of Associate, eRisk Quantitative Strategist

The eRisk systematic trading quant team is formed by experienced quantitative researchers and technologists that own, build and operate the HSBC automated trading platform. The team is responsible for providing liquidity to our clients and to generate revenue by managing the associated market making risk in the FX and Precious Metals markets. Innovation is our focus, and we develop as a team high quality models and algorithms by following a rigorous research approach and have at our disposal considerable computational resources, data sets and AI/ML tools

The Associate will be responsible for defining, developing, implementing, maintaining and monitoring the performance of automated trading algorithms and strategies for the team.

As an HSBC employee in the UK, you’ll have access to tailored professional development opportunities and a competitive pay and benefits package. This includes private healthcare for all UK-based employees, enhanced maternity and adoption pay and support when you return to work, and a contributory pension scheme with a generous employer contribution.

In this role you will:

- Deliver on agreed milestones within a fast paced front office environment
- Apply knowledge of programming languages for statistical analysis, database access and language used in production
- Leverage deep understanding of market microstructure, business logic and scientific fundamentals of algorithmic trading, methods of statistical analysis across FX or STIR high-frequency and mid/low frequency products- Understand the client franchise of the eRisk business and promote the fair treatment of customers
- Effectively communicate and engage with clients
- Collaborate with technology teams in order to improve systems and technical solutions
- Integrate with the quant team and the broader eRisk business
- Build network across the GFX business and other asset classes within the markets franchise
- Understand market, credit, operational, regulatory and reputational risk enough to be able to ask the right questions and make sound decisions
- Act as first line of defence, per the operational risk framework

To be successful in this role you should meet the following requirements:

- Education in Quantitative discipline, PhD would be beneficial
- Proven knowledge of programming languages for statistical analysis (Python/R/Matlab), database access (q/sql) and language used in production (Java)
- Relevant experience in a major electronic trading business.- Understanding of the relevant currencies, products and markets
- Experience in writing and publishing academic papers
- Excellent verbal and written communication skills

Opening a world of opportunity

Being open to different points of view is important for our business and the communities we serve. At HSBC, we’re dedicated to creating diverse and inclusive workplaces - no matter their gender, ethnicity, disability, religion, sexual orientation, socio-economic background or age. We are committed to removing barriers and ensuring careers at HSBC are inclusive and accessible for everyone to be at their best. We take pride in being a Disability Confident Leader and will offer an interview to people with disabilities, long term conditions or neurodivergent candidates who meet the minimum criteria for the role.

If you have a need that requires accommodations or changes during the recruitment process, please get in touch with our Recruitment Helpdesk via [email protected] .