Senior Quantitative Researcher, Fixed Income Pricing
About The Position
MarketAxess is transforming the fixed-income market by moving from analog, phone-based trading to a fully electronic marketplace. Our platform enhances accessibility, transparency, efficiency, and competition. We are seeking a Senior Quantitative Researcher to join our Quant Research team, which builds cutting-edge analytics, pricing algorithms, and quantitative trading solutions at the intersection of data science, market microstructure, and financial engineering. In this role, you will enhance CP+ by utilizing MarketAxess' proprietary data and your expertise in quantitative modeling, machine learning, and fixed income markets. You will be responsible for high-impact pricing models from research to production, collaborating with product and engineering partners to improve bond trading.
Requirements
- 5+ years of experience as a quantitative researcher within financial services.
- Proficiency in programming languages and tools commonly used for quantitative analysis and data manipulation, such as R, Python, and SQL.
- Proficiency in using GenAI tools for coding augmentation, analytics, model experimentation and AI-assisted validation of research outputs
- Deep understanding of fixed income market dynamics and ability to apply quantitative techniques to solve real-world trading problems.
- Keen interest in quantitative research and pricing models.
- Experience applying advanced Machine Learning and AI techniques (Deep Learning, Tree based models, Reinforcement Learning).
- Undergraduate or Masters’ Degree in a quantitative field (science, engineering, mathematics, or statistics is preferred).
- Strong written and verbal communication skills.
- Well-organized, team-oriented, intellectually curious, and proactive.
Responsibilities
- Build and own CP+ quantitative pricing models, enhancing existing approaches and developing new methodologies.
- Apply advanced statistical and machine learning techniques to improve fixed income pricing accuracy and analytics.
- Analyze corporate bond market data and microstructure to uncover insights that inform pricing and trading decisions.
- Partner with product and engineering teams to deliver scalable, production-ready quantitative solutions.
- Drive the expansion and optimization of CP+ analytics, leading initiatives across pricing and trading tools.
- Collaborate with client and dealer sales teams to deliver tailored insights that enhance execution outcomes.
- Contribute to market thought leadership, producing research that shapes understanding of evolving fixed income markets.
Benefits
- Hybrid Environment
- Free lunch when working in the office
- Stocked office with snacks
- Competitive PTO package including vacation and personal days, sick leave and charity days
- Generous Parental Leave: Up to 20 weeks fully paid leave
- 401(k) with dollar-for-dollar employer match up to $17,500
- Employee Stock Purchase Plan
- Wellness Stipend: Up to $1K annually towards gym memberships, home office equipment and more
- Onsite Healthcare: Through Mount Sinai at Hudson Yards
- Tuition Assistance and Professional Development: Including live and on-demand learning, role-specific training, employee-led Lunch and Learns and guest speakers
- Core benefits: Highly competitive medical, dental, and vision programs
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What This Job Offers
Job Type
Full-time
Career Level
Senior
Education Level
Associate degree
