Senior Quant Trader (Risk)
- London
- Permanent
- Full-time
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 doKey ResponsibilitiesRisk Modelling & AnalyticsDevelop and enhance proprietary risk models for portfolio risk measurement, stress testing, and scenario analysisResearch and implement advanced statistical methods for measuring market, credit, liquidity, and operational risksDesign and build real-time risk monitoring systems and early warning indicatorsCollaborate with researchers and developers to translate risk models into production-ready risk management systemsStay current with academic and industry developments in risk management methodologies, regulatory requirements, and best practicesRisk Management & OversightEnsure effective monitoring and management of real-time portfolio risk exposures across all trading strategies and asset classesDevelop and implement risk limits, position sizing methodologies, and drawdown controlsPerform attribution analysis to understand sources of risk and return in trading strategiesIdentify and analyze risk concentrations, correlations, and potential portfolio vulnerabilitiesScenario Analysis & Back-testingDesign and implement comprehensive back-testing frameworks and validation of risk models and assumptionsSupport the Risk team to develop scenario analysis capabilities for portfolio impact assessment under various market regimesWork closely with trading teams to establish appropriate risk parameters and position limitsCollaboration & LeadershipPartner with technology teams to implement and optimize risk management infrastructure and systemsProvide risk insights and recommendations to trading teamsLead and mentor junior analystsCollaborate with risk, compliance and regulatory teams to ensure adherence to risk management standardsWhat you’ll need for this roleEducation & ExperienceAdvanced degree (eg. Masters) in related quantitative field5+ years of experience in quantitative risk management, or related roles in systematic tradingProven track record of developing and implementing successful risk management strategiesExperience managing risk across multiple asset classes with expertise in at least two major marketsStrong understanding of derivatives pricing, portfolio theory, and statistical risk modellingTechnical SkillsExpert proficiency in programming languages used in quantitative finance (Python, R, C++, MATLAB, etc.)Deep knowledge of risk management practises, risk approachesAdvanced understanding of statistical methods, time series analysis, and machine learning applications in financeFamiliarity with high-performance computing, distributed systems, and real-time risk monitoringPersonal QualitiesExceptional analytical and quantitative problem-solving abilitiesStrong attention to detail with ability to identify and communicate risks clearlyIntellectual curiosity and continuous learning mindsetStrong communication skills for presenting complex risk concepts to diverse audiencesResilience and sound judgment under high-pressure market conditionsHighest standards of integrity and ethical conduct in risk management practicesNumber of openings 1