Job Title
Senior Quant Trader (Risk)
Job Description
So, who are we?
We're IG Group. We are a publicly-traded FTSE250 FinTech company who run mobile, web and desktop platforms that help our clients trade stocks & shares, leveraged products, Futures & Options and Crypto.
We are ambitious. Over 340,000 people already use our platforms. We're global with offices in 18 countries and products in 16 regions. We're hungry to move faster, ship better product for our customers and grow our user base. We believe in high autonomy, and we want people who are looking to do things differently in order to create better experiences for our customers.
We work in cross-functional teams and are laser focused on increasing the number of active clients we serve to drive sustainable growth.
Your role in the Team's Success
The Senior Quant Trader - Risk will be responsible for developing, implementing, and managing comprehensive risk management frameworks for our firm's systematic trading and market making activities. Reporting to the Head of Quantitative Trading, this role combines advanced quantitative risk modelling expertise with deep market knowledge to identify, measure, and mitigate trading risks while optimizing risk-adjusted returns across multiple asset classes and strategies.
What You'll Do
Key Responsibilities
Risk Modelling & Analytics
* Develop and enhance proprietary risk models for portfolio risk measurement, stress testing, and scenario analysis
* Research and implement advanced statistical methods for measuring market, credit, liquidity, and operational risks
* Design and build real-time risk monitoring systems and early warning indicators
* Collaborate with researchers and developers to translate risk models into production-ready risk management systems
* Stay current with academic and industry developments in risk management methodologies, regulatory requirements, and best practices
Risk Management & Oversight
* Ensure effective monitoring and management of real-time portfolio risk exposures across all trading strategies and asset classes
* Develop and implement risk limits, position sizing methodologies, and drawdown controls
* Perform attribution analysis to understand sources of risk and return in trading strategies
* Identify and analyze risk concentrations, correlations, and potential portfolio vulnerabilities
Scenario Analysis & Back-testing
* Design and implement comprehensive back-testing frameworks and validation of risk models and assumptions
* Support the Risk team to develop scenario analysis capabilities for portfolio impact assessment under various market regimes
* Work closely with trading teams to establish appropriate risk parameters and position limits
Collaboration & Leadership
* Partner with technology teams to implement and optimize risk management infrastructure and systems
* Provide risk insights and recommendations to trading teams
* Lead and mentor junior analysts
* Collaborate with risk, compliance and regulatory teams to ensure adherence to risk management standards
Education & Experience
What you'll need for this role
* Advanced degree (eg. Masters) in related quantitative field
* 5+ years of experience in quantitative risk management, or related roles in systematic trading
* Proven track record of developing and implementing successful risk management strategies
* Experience managing risk across multiple asset classes with expertise in at least two major markets
* Strong understanding of derivatives pricing, portfolio theory, and statistical risk modelling
Technical Skills
* Expert proficiency in programming languages used in quantitative finance (Python, R, C++, MATLAB, etc.)
* Deep knowledge of risk management practises, risk approaches
* Advanced understanding of statistical methods, time series analysis, and machine learning applications in finance
* Familiarity with high-performance computing, distributed systems, and real-time risk monitoring
Personal Qualities
* Exceptional analytical and quantitative problem-solving abilities
* Strong attention to detail with ability to identify and communicate risks clearly
* Intellectual curiosity and continuous learning mindset
* Strong communication skills for presenting complex risk concepts to diverse audiences
* Resilience and sound judgment under high-pressure market conditions
* Highest standards of integrity and ethical conduct in risk management practices
Number of openings
1