Quantitative Fixed Income Trader
About The Position
This role is responsible for executing trades and supporting portfolios within the Fixed Income Trading asset class. The Quantitative Fixed Income Trader will develop a deep understanding of the execution framework, actively contributing to strategic initiatives. They will conduct independent Transaction Cost Analysis (TCA), leveraging programming skills to optimize performance and enhance the trading framework. The role involves developing sophisticated execution analytics and models, utilizing existing toolkits and products to contribute to new product development. The trader will stay updated on evolving global market structure and regulations, work directly with stakeholders to design and implement customized trading solutions, and create insightful content on fixed income trading topics. Additionally, they will apply their skills to support requirements gathering, data analysis, and idea presentation for Algo Wheel implementations, and carry out other duties as assigned.
Requirements
- 3–5 years of experience as a Quantitative Analyst within a financial firm, with a strong preference for backgrounds in Fixed Income Execution.
- A robust balance of technical and quantitative skills.
- In-depth knowledge of Mathematical Finance and Financial Markets, including Algorithmic Trading and Market Microstructure.
- Essential knowledge of Machine Learning methodologies, particularly clustering techniques, factor modeling, and advanced statistics.
- Familiarity with common trading problem sets, industry benchmarks, Algo Wheel implementations, and current trends in electronic trading.
- Demonstrated ability to explain complex technical results clearly to non-technical audiences.
- Strong interpersonal and soft skills, capable of fostering collaborative relationships.
- Strong programming skills: Python, KDB-Q, and VBA.
- Excellent written and verbal communication skills.
- Ability to prioritize tasks and manage workload effectively in a fast-paced environment.
- Knowledge of financial markets, financial markets function and the impact of economic figures and national/regional/global events on markets.
- Understanding of issues relating to market abuse and anti-money laundering.
Nice To Haves
- A degree in a technical field such as Quantitative Finance, Mathematics, Physics, Engineering, Computer Science, or equivalent (exceptions may be considered based upon relevant, equivalent, professional experience).
- A strong academic background is expected.
- A Finance, Business, Economics, or Mathematics degree discipline would be advantageous.
Responsibilities
- Develop a deep understanding of execution framework, actively contributing to strategic initiatives.
- Conduct independent Transaction Cost Analysis (TCA), leveraging programming skills to optimize performance and enhance our trading framework.
- Develop sophisticated execution analytics and models, leveraging strong programming skills to build and implement solutions; utilize existing toolkits and products to contribute to new product development.
- Stay up-to-date with evolving global market structure and regulations to ensure continuous compliance and maintain a competitive advantage.
- Work directly with stakeholders to design, develop, and implement customized trading solutions.
- Create insightful content on topics pertinent to fixed income trading, such as market microstructure, trading costs, and various trading products.
- Apply the aforementioned skill sets and expertise to support requirements gathering, data analysis, and idea presentation crucial for successful Algo Wheel implementations.
- Carry out other duties as assigned.
Benefits
- Hybrid working and reasonable accommodations
- Generous Holiday policies
- Paid volunteer time to step away from your desk and into the community
- Support to grow through professional development courses, tuition/qualification reimbursement and more
- Maternal/paternal leave benefits and family services
- Complimentary subscription to Headspace – the mindfulness app
- Corporate membership to ClassPass and other health and well-being benefits
- Unique employee events and programs including a 14er challenge
- Complimentary beverages, snacks and all employee Happy Hours
- Annual Bonus Opportunity
- Competitive compensation
- Pension/retirement plans
- Various health, wellbeing and lifestyle benefits
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
Associate degree
