Quantitative Researcher - Principal Specialist

CMC Markets
London
Since launching in 1989, CMC Markets (CMC) has become one of the world's leading online financial trading businesses. CMC is listed on the London Stock Exchanges and serves retail and institutional clients through regulated offices and branches in 13 countries.

CMC offers an award winning online and mobile trading platform, enabling clients to trade up to 10,000 financial instruments across shares, indices, foreign currencies, commodities and treasuries through contracts for difference. In Australia, the Group also offers stockbroking services.

CMC is committed to recruiting, developing, retaining and motivating exceptional people who are talented, innovative and focussed on delivering excellence. We acknowledge that this goes hand in hand with the Group's ongoing and future success. This is achieved through embedding the Group's values throughout the workforce as well as offering competitive rewards and benefits.

The Group values centre on quality, clients and integrity.
  • Put clients first
  • Lead with quality
  • Set the standards
More detail on the Group can be found on

ROLE AND RESPONSIBILITIES

Background & purpose of role:
  • CMC Markets strives to provide the best trading experience for a wide spectrum of clients to participate in the financial markets. In order to expand this team, we are looking for an experienced Quantitative Researcher to coach and mentor others whilst contributing fully towards our shared goals.
  • Our Quants have responsibility for pricing models covering an expanding product range and also work to optimise CMC's risk management strategies.
  • This role will offer a varied and fast-paced working environment, regularly interacting with the dealing, operations, risk and IT development teams. This is an excellent opportunity to be sitting in the core of the business and develop a deep understanding of the Market Making financial industry.
Key responsibilities:
  • Coach, mentor and help grow an existing team of Quantitative Researchers.
  • Develop and maintain pricing models for brand new and increasingly complex products.
  • Work with other Team Leads and Senior members of Quantitative Strategies on dealing strategy improvement.
  • Work with the Development teams to implement and improve pricing and risk management algorithms.
  • Maintain personal/professional development to meet the changing demands of the role, including all relevant regulatory and legislative training.
  • Take all reasonable steps to ensure appropriate confidentiality.
KEY SKILLS AND EXPERIENCE:
  • A degree in quantitative finance, mathematics, computer science or equivalent disciplines.
  • Strong analytical and quantitative skills, ideally with front-office facing FX, Equities, Fixed Income or derivatives experience.
  • Strong knowledge of general financial products and derivatives. Understanding of market microstructure.
  • Strong skills in Excel and Python, SQL and time-series databases.
  • Strong familiarity with Agile processes.
  • Experience with Pandas, NumPy, Matlab, R or other mathematical/statistical languages/packages.
  • Experience in leadership and mentoring.
  • Excellent communication skills, both written and spoken.
COMPETENCIES:
  • Communication
  • Team work
  • Customer focus
  • Resilience and adaptability
  • Problem solving
CMC Markets is an equal opportunities employer and positively encourages applications from suitably qualified and eligible candidates regardless of gender, sexual orientation, marital or civil partner status, gender reassignment, race, colour, nationality, ethnic or national origin, religion or belief, disability or age.
Posted 2026-01-18

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