Jr. Quantitative Analyst, US Rates

Odeon Capital GroupNew York, NY
13h$70,000 - $100,000

About The Position

We are seeking a motivated, analytically driven Junior Quantitative Analyst to support our Rates trading desk. This role provides the opportunity to work directly with salespeople and traders on pricing, risk management, quantitative modeling, and electronic trading initiatives. Essential Duties and Responsibilities include but are not limited to: Support the US Rates desk in aspects of daily trade operations and administrative tasks. Collaborate across technology platforms to continuously improve electronic pricing logic, trade execution, and client experience. Build, develop, and maintain models to improve the production of the rate desk. Analyze market trends and financial data related to U.S. interest rates. Conduct research on economic factors influencing interest rates and bond markets. Partner with traders to translate trading ideas into implementable quantitative strategies. Develop new and maintain current real-time risk analytics across Bloomberg, Excel, and internal systems. Provide day-to-day quantitative support to the Rates trading desk, including troubleshooting and resolving issues. Identify opportunities to streamline workflows and strengthen the desk’s electronic trading capabilities. Develop and implement new pricing and risk models to support products traded by Rates desk. Perform other ad-hoc tasks assigned by the US Rates team. This description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

Requirements

  • Detail-oriented, with strong follow-up skills and the ability to work independently.
  • Excellent written and verbal communication skills, capable of presenting complex information clearly and concisely.
  • Able to take instruction, meet deadlines, and manage multiple assignments in a fast-paced environment while developing independent judgment over time.
  • Strong interpersonal skills, with the ability to interact confidently and professionally with clients and team members.
  • Demonstrated initiative and intellectual curiosity, with an interest in understanding interest rate markets and quantitative finance.
  • A collaborative team player with a proven team-oriented approach.
  • Strong problem-solving and critical thinking abilities, capable of developing solutions to complex issues.
  • A high sense of ownership, accountability, and integrity when handling sensitive or confidential data.
  • Master’s degree in quantitative, Technical, or a related field.
  • At least one year of experience in a markets-related role within a financial institution.
  • Active FINRA licenses, including SIE, Series 7TO, and 63, or willingness to obtain them prior to hire.
  • Expert in Microsoft Office Suite (Excel, Word, PowerPoint); familiarity with Bloomberg is a plus.
  • Knowledge of statistical methods and related software.
  • Practical experience working with database systems.
  • Working knowledge of interest rate products.

Nice To Haves

  • Experience in data science, including data mining, trend identification, and basic statistical analysis.
  • Experience with programming tools such as Python, MATLAB, or similar languages is preferred.
  • Experience in numerical programming, including optimization techniques.

Responsibilities

  • Support the US Rates desk in aspects of daily trade operations and administrative tasks.
  • Collaborate across technology platforms to continuously improve electronic pricing logic, trade execution, and client experience.
  • Build, develop, and maintain models to improve the production of the rate desk.
  • Analyze market trends and financial data related to U.S. interest rates.
  • Conduct research on economic factors influencing interest rates and bond markets.
  • Partner with traders to translate trading ideas into implementable quantitative strategies.
  • Develop new and maintain current real-time risk analytics across Bloomberg, Excel, and internal systems.
  • Provide day-to-day quantitative support to the Rates trading desk, including troubleshooting and resolving issues.
  • Identify opportunities to streamline workflows and strengthen the desk’s electronic trading capabilities.
  • Develop and implement new pricing and risk models to support products traded by Rates desk.
  • Perform other ad-hoc tasks assigned by the US Rates team.

Benefits

  • Health Care Plan (Medical, Dental & Vision)
  • Retirement Plan (401k)
  • Paid Time Off (Vacation, Sick & Public Holidays)
  • Family Leave (Maternity, Paternity)
  • Short Term & Long Term Disability
  • Life Insurance (Basic, Voluntary & AD&D)
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