Systematic Market Making / CRB Quant Trader (Rates: Bonds & Swaps) — Multi-Strategy Platform Location: London | Onsite The Mandate This mandate is to build and scale systematic market-making and central risk book (CRB) capabilities across Rates, with a core focus on government bonds and interest rate swaps. The seat sits directly on the trading front line, owning intraday pricing, inventory, and risk decisions within a highly automated framework. You will operate at the intersection of quantitative modelling, execution, and live risk management — designing systematic approaches to liquidity provision, relative value, and flow-driven opportunities across bonds and swaps markets. Why This Seat Direct PnL Ownership: Run systematic market-making strategies with real-time risk and inventory responsibility building from scratch a new CRB framework. Institutional Platform: Access best-in-class execution infrastructure, robust risk systems, and deep cross-asset hedging capabilities. Market Relevance: Work in core rates products where flow, microstructure, and curve dynamics directly drive opportunity. What You’ll Do

Run Systematic Market Making: Design and operate automated or semi-automated market-making strategies across bonds and swaps. Manage Central Risk Book: Control intraday inventory, skew, and hedging within defined risk limits. Build Pricing & Quoting Models: Develop curve-relative pricing, spread models, and flow-sensitive quoting logic. Optimize Execution: Refine execution logic with a strong focus on liquidity, slippage, and transaction cost modelling. Scale Production Systems: Partner with quant developers and engineers to harden strategies for live deployment and scale.

What You Bring Experience:

3–10+ years in systematic or semi-systematic rates trading, market making, or CRB-style roles. Direct exposure to bonds and/or swaps trading environments.

Domain Expertise:

Deep understanding of rates microstructure, yield curves, spreads, and flow dynamics. Strong intuition for inventory management and intraday risk.

Technical Stack:

Strong Python required. Experience with C++, Java, or low‑latency trading systems is a plus.

Operating Style:

Comfortable owning live risk and PnL. Calm under pressure, highly disciplined, and execution-focused. Able to bridge quantitative research and real‑time trading decisions.

Compensation & Preferences

Compensation: GBP180‑250k + performance‑based bonus; structure aligned with PnL ownership. (This is not a guarantee of compensation or salary; a final offer may vary based on experience, domain expertise, and market conditions.)

We work with elite trading teams to connect proven quantitative traders with mandates that combine scale, autonomy, and real economic ownership. If this role aligns with your background and ambitions, we encourage you to explore the opportunity further. Seniority level Mid‑Senior level Employment type Full‑time Job function Finance Industries Financial Services, Investment Management, and Capital Markets #J-18808-Ljbffr