eFX Quant Desk Head

We’re building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what’s right for our clients.

At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are and what they contribute.

To learn more about CIBC, please visit CIBC.com

Position Overview:

We are seeking an experienced and highly skilled professional to lead our eFX Quant Desk. The ideal candidate will have a robust background in quantitative analysis, algorithmic trading, and leadership within the FX domain. This role involves overseeing the development and implementation of sophisticated quantitative models and strategies to enhance our eFX trading capabilities.

Key Responsibilities:

1.         Leadership and Team Management:

• Lead, mentor, and manage a team of quantitative analysts and developers, fostering a collaborative and high-performance culture.
• Promote professional development and continuous learning within the team.

2.         Quantitative Strategy Development:

• Develop and implement advanced quantitative models and trading algorithms for eFX and STIRT.
• Optimize existing models and strategies to improve performance, efficiency, and profitability.

3.         Research and Analysis:

• Conduct in-depth research and analysis of FX markets to identify trading opportunities and inform strategy development.
• Stay abreast of market trends, technological advancements, and regulatory changes impacting eFX and STIRT.
• Conduct data analysis for trends, and signal extraction, stochastic modelling, trading parameters calibration, and statistical hypothesis research

4.         Risk Management:

• Ensure robust risk management practices are in place, adhering to the firm's risk appetite and regulatory requirements.
• Monitor and manage risks associated with quantitative strategies and models.

5.         Collaboration and Communication:

• Work closely with trading desks, technology teams, and other stakeholders to ensure seamless integration of quantitative models into trading systems.
• Communicate complex quantitative concepts and strategies effectively to non-technical stakeholders.

6.         Performance Monitoring and Reporting:

• Monitor the performance of quantitative models and strategies, making data-driven adjustments as necessary.
• Prepare and present regular reports on the performance, risks, and strategic direction of the quant desk.

7.         Innovation and Continuous Improvement:

• Foster a culture of innovation, encouraging the exploration and adoption of new technologies and methodologies.
• Continuously seek ways to improve processes, models, and overall desk performance.

Qualifications:

• Education: Advanced degree (PhD or MSc) in a quantitative discipline such as Mathematics, Statistics, Computer Science, Financial Engineering, or a related field.
• Experience:
• Extensive experience (7+ years)