E-Trading Quant
99-7777827 Bank of America N.A.
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Job Description:
You will be responsible for the development, implementation, and optimisation of systematic trading and pricing models across precious metals markets. The role requires a strong understanding of the dynamics between futures and spot markets, with a particular focus on basis risk, arbitrage relationships, and Exchange for Physicals (EFPs).
Working closely with trading and technology teams, you will play a key role in bringing models from research into production, ensuring robustness, scalability, and performance in live trading environments.
Responsibilities:
- Develop and enhance quantitative models for pricing and systematic trading across precious metals products
- Analyse the relationship between futures and spot markets, including basis dynamics, liquidity considerations, and EFP mechanisms
- Design and implement strategies that capture inefficiencies and optimise execution across electronic markets
- Work with large datasets to perform rigorous statistical analysis, signal generation, and backtesting
- Partner closely with traders to translate market insights into quantitative strategies
- Collaborate with technology teams to deploy models into production systems, ensuring low-latency and high-performance execution
- Continuously monitor, evaluate, and improve model performance in live trading environments
- Contribute to the ongoing development of the team’s quantitative research framework and infrastructure
Skills:
- Strong academic background in a quantitative discipline (e.g. Mathematics, Physics, Engineering, Computer Science, or similar)
- Proven experience developing quantitative models within trading, pricing, or market-making environments
- Deep understanding of futures vs. spot market dynamics, including basis risk and arbitrage relationships
- Experience working with large, complex datasets and applying advanced statistical and modelling techniques
- Strong programming skills in Python (essential), including data analysis and numerical libraries
- Experience with KDB+/q and/or Java is highly desirable
- Solid understanding of systematic trading, electronic markets, and market microstructure
- Experience taking models from research through to production deployment
Summary
Develop, implement, and optimize quantitative trading models for precious metals markets.
Job title
E-Trading Quant
Experience level
proven experience
Industry
financial services
Location requirements
Based in London, in-office with flexibility allowed.
Salary
Not specified
Management role
No
Required skills
Preferred skills
Specializations
Structured locations inferred from the posting.
London, UK