Quantitative Developer / Quant Dev - Rates Business
HSBC Group
London, United Kingdom
22h ago

Job description

Big Bank Funding. FinTech Thinking.

Our technology teams in the UK work closely with HSBC’s global businesses to help design and build digital services that allow our millions of customers around the world, to bank quickly, simply and securely.

We also run and manage our IT infrastructure, data centres and core banking systems that power the world’s leading international bank.

Our multi-disciplined teams include : DevOps engineers, IT architects, front and back end developers, infrastructure specialists, cyber experts, as well as project and programme managers.

Markets & Securities Services (MSS) Technology, a global function of 6500+ Tech professionals work in partnership with the business who rely on us for delivering innovative, robust, stable platforms to enable their investment and financial solutions for clients.

These include both vendor-based products and a number of award winning in-house primary trading systems. We have a long-term vision for MSS Tech a future state of architecture that is strategic and disciplined, that enables future updates and costs less.

Role Description

Within MSS, Rates IT is responsible for the provision and maintenance of tools and applications necessary to support all activity within the Rates business.

The global Rates IT organization is split up in three major functional areas, one of which is Pricing and Risk. The role we are hiring for IT Quantitative Developer / Quant Dev for real-time pricing.

The successful Quantitative Developer / Quant Dev will need to understand the real-time pricing, risk and Algo needs of the Rates, Credit and Emerging Markets businesses across key strategic locations in EMEA.

They will also need to understand the needs of both the global business, Product Control, Quantitative Analysts and Control and IT.

The role will take part of the Regional team development and add value to both the local and global user base.


  • Understand the design for real-time pricing / risk solution in trading system for Rates business
  • Follow technical guidance for developers in the team
  • Work with global Keystone and other development teams to align work in progress with efforts in other areas of the bank
  • Work closely with Front Office and Quants to implement pricing / risk models and Algo trading strategies in low latency system
  • Support systems during rotas.
  • Requirements

    Essential Skillset / Experience

  • Experience on working with real-time pricing, risk and Algo trading system in Tier 1 investment banks
  • Some product knowledge and experience across G7 and EM for Rates trading system from major financial institutions
  • Some mathematical, quantitativeskills and logical mind, effective problem solver to meet technical and business challenges.
  • Programming skills in Java, C++, C#, SQL, KDB, Perl, Python and MatLab, hands on experience with pub / sub technology
  • Understanding of all front to back business support functions
  • Experience working with both onshore and offshore resources
  • If you’re a Quantitative Developer / Quant Dev with strong Pricing and Risk experience, we would be very keen to hear from you.

    The role will be based in London but some travel may be required.

    Come Power a Business that Defines How to Power the World

    As a business operating in markets all around the world, we believe diversity brings benefits for our customers, our business and our people.

    This is why HSBC is committed to being an inclusive employer and encourages applications from all suitably qualified applicants irrespective of ethnicity, religion, age, physical or mental disability / long term health condition, marital status, sexual orientation, gender identity, gender expression, genetic information (including characteristics and testing), military and veteran status, and any other characteristic protected by local law in the jurisdictions in which we operate.

    Within the work place you will have access to various employee resource groups which aim to promote and achieve a healthy work / life balance and support our diversity ambitions.

    HSBC has in place processes in order to avoid nepotism, which means to avoid creating circumstances in which the appearance or possibility of conflicts of interest may exist within the hiring process.

    We want everyone to be able to fulfil their potential which is why we provide a range of flexible working arrangements and family friendly policies.

    As an HSBC employee in the UK, you will 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.

    Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.

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