Job Title: Quantitative Developer / Analyst in Precious Metals and FX
Client: MKS PAMP
Location: Geneva
The mission of the Quantitative Developer / Analyst is to apply quantitative methods and develop software solutions that support trading and risk management.
Main Activities and Responsibilities:
* Develop and maintain volatility surface management tools, options pricing library, risk management, and trading systems.
* Build and optimize software tools for quantitative analysis, trading algorithms, and portfolio management.
* Work with trading teams to improve the infrastructure and integrate new features for data analytics and automated trading strategies.
* Develop and implement options pricing models for precious metals (gold, silver, platinum, palladium) and FX instruments (spot, forwards, swaps, options).
* Design and build algorithms for quantitative analysis, including statistical models, machine learning models, and pricing engines.
* Analyze market data (historical and real-time) to identify patterns, correlations, and volatility trends in precious metals and FX markets.
* Gather and clean large datasets, including market prices, trade data, and economic indicators.
* Perform quantitative analysis to detect market inefficiencies, model risk, and forecast price movements.
* Research and integrate external data (e.g., economic indicators, geopolitical events, central bank actions) to enhance market insights.
* Develop and implement trading strategies based on quantitative models and backtest them using historical market data.
* Support automated and high-frequency trading strategies that capitalize on short-term inefficiencies in the precious metals and FX markets.
* Assist with optimizing algorithmic trading systems to enhance performance, efficiency, and execution speed.
* Implement risk models to measure, monitor, and mitigate risk exposure for precious metals and FX portfolios.
* Conduct stress tests and scenario analysis to assess portfolio performance under various market conditions.
* Assist with the development of hedging strategies to manage risks associated with market movements.
* Collaborate closely with traders to understand their needs and improve decision-making processes with data-driven insights.
* Work with the risk management, compliance, and operations teams to ensure models and trading systems adhere to regulatory and internal standards.
* Provide technical support for traders in terms of system performance, model integration, and strategy implementation.
Requirements:
* A Master's degree or PhD in a relevant field such as Financial Engineering, Mathematics, Finance, Physics, Computer Science, or Statistics.
* At least 5 years of experience in financial markets in a quantitative developer role / analyst role working for a bank, physical trading house or hedge fund.
Qualifications and Skills:
* Excellent communication skills and high drive;
* Sense of responsibility and initiative;
* Ability to work autonomously;
* Demonstrated track record of continuous improvement and innovative thinking both in approach and in practical effect;
* Resistance to stress and time pressure;
* Excellent interpersonal skills and customer orientation;
* Agile and flexible mindset, reactive to requests;
* Excellent organizational skills and attention to detail;
* Ability to interact with colleagues of diverse cultures; respect for diversity;
* Good IT skills; proficiency in Windows environment is expected;
* Proficiency in spoken and written English is required; knowledge of other languages is an asset.
* Swiss or EU national or holder of a valid Swiss working permit.