Senior Quantitative Analyst

Join our dynamic team at IC Markets as a Senior Quantitative Analyst
and help shape the future of FinTech innovation. This full-time, on-site opportunity based in Limassol offers you the chance to make a real impact in a fast-paced and forward-thinking environment. Apply now and take the next step in your career with us!

Who We Are:

IC Markets, a global leader in trading with over 15 years of success, a strong international presence, and a team of skilled professionals, remains at the forefront of financial technology innovation. As an agile company that values growth and collaboration, we offer an exciting opportunity to be part of a dynamic industry where innovation meets excellence.

What You’ll Do:

We are looking for a highly skilled Senior Quantitative Analyst to join our quantitative research team and drive core initiatives across pricing, risk, execution, and hedging strategy. This role plays a key part in shaping how we price markets, manage real-time market risk, and develop hedge strategies. You will work closely with our Risk, Liquidity, and Trading teams to develop models that directly impact profitability, pricing efficiency, and platform stability across a wide range of CFD products.

What We’re Looking For:

• Develop and enhance quantitative models for pricing, execution logic, hedging, and internal risk metrics.
• Analyze ticks and client data to optimize pricing logic, reduce slippage, and manage market risk.
• Build and test hedging strategies to manage exposure and improve risk-adjusted returns.
• Monitor live trading performance and model outputs to identify inefficiencies, latency issues, or arbitrage risk.
• Design and backtest strategies using statistical, econometric, and machine learning techniques.
• Write clean, production-ready Python code and work with developers to deploy models into the live trading stack.
• Collaborate with Risk, Liquidity, and Development teams to align models with real-time execution and platform architecture.

Skills & Qualifications:

• 5+ years of experience as a Quantitative Analyst, Data Scientist, or Researcher in financial markets or a closely related field.
• Strong working knowledge of SQL for data extraction and transformation.
• Advanced proficiency in Python, including libraries such as NumPy, pandas, scikit-learn, and statsmodels.
• Solid academic foundation in statistics, mathematics, or econometrics, with hands-on experience in:
  • Time series analysis and predictive modeling using modern machine learning techniques
  • Multivariate linear and logistic regression
  • Hypothesis testing and statistical inference
  • Autoregressive models

• Strong financial knowledge, including asset pricing, derivatives, market microstructure, and financial econometrics.
• Demonstrated ability to work with large, complex datasets, with clear documentation and communication of results.
• Capable of identifying and interpreting trends, anomalies, and structural patterns in financial data.
• Fluent in English, with excellent written and verbal communication skills.
• Prior experience working with market microstructure data or high-frequency trading data is highly beneficial.

Why Join Us? Experience Rewards Beyond Just a Job! Because You Matter.

• Competitive Pay – We value you, not just your role. Our compensation reflects the skills and experience you bring to the table.
• Career Growth – Your journey is important. We’re here to support your development with ongoing learning and clear paths to advancement.
• Work-Life Balance – Time to rest is time to thrive. With 22 days of annual leave, your personal life is respected and prioritized.
• Wellness & Healthcare – Health comes first. Enjoy 12 paid sick days and full medical insurance coverage after 6 months—because your well-being is our priority.
• Future Security – We’re invested in your tomorrow. Access our provident fund after 6 months for peace of mind down the road.
• Snack Hub – We care about your daily comfort. Our fully stocked kitchen keeps you energized with fresh fruit, snacks, and beverages.
• Lunch on Us – Nourishment and connection matter. Enjoy a delicious daily lunch buffet with teammates.
• Paid Overtime – Your extra effort doesn’t go unnoticed. We recognize and reward the time you put in.
• Learning & Development – We believe in your potential. Dedicated budgets support your upskilling and curiosity.
• Referral Bonus – People matter here. Bring in great talent and get rewarded for growing our community.
• Team Spirit – Culture is everything. Join a team that celebrates together through events and team-building activities.
• Fitness & Recreation – Stay active and refreshed with access to gym facilities, organized sports, and relaxing spa treatments.
• Unwind Fridays – We’re human too. Enjoy a relaxed Friday drink with colleagues to close the week on a high note.

Our culture is built on empathy, respect, and trust, because at the heart of everything we do is you.

Your next big opportunity starts here!

• Apply now at icmarkets.bamboohr.com/careers and let’s build something incredible together!
• Thank you for your interest in joining IC Markets. Due to the high volume of applications, only candidates under consideration will be contacted. All applications are handled with the strictest confidentiality.