European Head of Quantitative Internalisation/Flow Management, Leading Investment Bank, London recruitment
My client runs one of Europe’s largest equity retails businesses. We have been mandated by them to help build an internalisation group to complement the very profitable and growing business area. They are initially looking for an MD/Director Level hire to lead the team and spearhead this exciting Greenfield project.
Taking methods and techniques traditionally associated with buy side investment (and to a lesser extent the algo trading space), my client is looking to build an internalisation engine with the intention of cross matching their equity flow. Initially the purpose of this team is to help provide a risk management solution to the group’s activities and help improve their bottom line. Once this first stage of the project is completed the team will then be tasked with finding new ways of adding to the PnL of the business from making use of the Equity flow.
The first hire in needs to be an experienced candidate. They are interested in speaking to candidates from Stat Arb, High Frequency Trading, Automated Market Making or Algo Trading as it is felt that people from these areas could potentially fit the mould. Of course experience in building crossing engines and internalisation platforms, while not essential, would be highly advantageous.
Candidates need to have a good technical understanding and skillset, but communication skills are equally important as they will be sat on the trading floor and will need to interact with less technically minded colleagues and also act as the leader of the group. An entrepreneurial spark is also wanted in order to be able to push the projects potential as far as possible.
For more information please call Will on +44 207 257 6207, apply through the site or send me a direct email at w.murday@njfsearch.com.