Cash Equities Algorithm Derivatives
New York, NY 
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Posted 16 days ago
Job Description
Job description

Our purpose - Opening up a world of opportunity - explains why we exist. Here at HSBC, we use our unique expertise, capabilities, breadth and perspectives to open up new kinds of opportunity for our more than 40 million customers. We're bringing together the people, ideas and capital that nurture progress and growth, helping to create a better world - for our customers, our people, our investors, our communities, and the planet we all share.

The purpose of a Cash Equities Algorithm Derivatives is the opportunity to become a key member in the Algo Developer team within the global equities' organizations. The job-holder will adhere to, and be able to demonstrate adherence to, internal controls and will implement the Group compliance policy by adhering to all relevant processes/procedures, keeping appropriate records and, where appropriate, by the timely implementation of internal and external audit points, including issues raised by external regulators.

As our Cash Equities Algorithm Derivatives you will:

  • Develop new frameworks for customized algos (Scala/Java)
  • Contribute to research by analyzing execution data and suggesting areas for improvement of algos
  • Write new strategies and incorporate new signals into algo container framework
  • Develop continuously the suite of global execution algos in Scala and Java based on client requests as well as new quant model improvements

For this role, HSBC targets a pay range between $175,000 and $200,000.

The final fixed pay offer will depend on the candidate and a number of variables, including but not limited to, role responsibilities, skill set, depth of experience and education, licensing/certification requirements, internal relativity, and specific work location.

At HSBC, our overall goal is to provide a competitive Total Reward Package, with an appropriate mix of fixed pay, and variable pay, as part of an employee's overall total compensation and benefits. Variable pay generally takes the form of discretionary, annual awards (sometimes referred to as a "bonus"). Additionally, HSBC offers a wide range of competitive and flexible benefits designed to help you improve your health and well-being, finances, and lifestyle.

Requirements

Youll likely have the following qualifications to succeed in this role:

  • Experience working in a front-office environment engaging with Traders and other Quants/Algo Devs to drive business outcomes
  • Degree in relevant quantitative field. E.g. Math's, Comp Sci, Physics, Engineering preferred
  • Excellent development skills in JVM based languages - Primarily Scala & Java used for strategy development
  • Knowledge of algo trading is a big plus
  • Knowledge of global cash equities market microstructure is a big plus
  • Working knowledge of Python and KDB (Q) is a good plus
  • Attention to detail is a must

In compliance with applicable laws, HSBC is committed to employing only those who are authorized to work in the U.S. Applicants must be legally authorized to work in the U.S. as HSBC will not engage in immigration sponsorship for this position.

As an HSBC employee, you will have access to tailored professional development opportunities to ensure you have the right skills for today and tomorrow. We offer a competitive pay and benefits package including a robust Wellness Hub, all in a welcoming, diverse and inclusive work environment. You will be empowered to drive HSBC's engagement with the communities we serve through an industry-leading volunteerism policy, a generous matching gift program, and a comprehensive program of immersive Sustainability and Climate Change Initiatives. You'll want to join our Employee Resource Groups as they play a central part in life at HSBC, including the development of our employees and networking inside and outside of HSBC. We value difference. We succeed together. We take responsibility. We get it done. And we want you to help us build the bank of the future!

All qualified applicants will receive consideration for employment without regard to age, ancestry, color, race, national origin, ethnicity, disability or medical condition, genetic information, military or veteran service, religion, creed, sex, gender, pregnancy, childbirth, caregiver status, marital status, citizenship or immigration status, sexual orientation, gender identity or expression or any other trait protected by applicable law.

 

Job Summary
Company
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Salary and Benefits
$175,000 and $200,000.
Required Experience
Open
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