VP, Quantitative Research Analyst (Credit)

GIC Private Limited•New York, NY

1d•$173,000 - $245,000•Hybrid

About The Position

GIC is seeking a quantitative researcher to lead Execution Research & Advisory's (ERA) credit coverage from New York. This role involves working closely with traders and portfolio managers to identify and solve emerging problems. The successful candidate will report to the Head of ERA and their work will influence execution across GIC's global fixed income mandates. At the VP level, the individual will be expected to set direction, identify valuable problems, transform ambiguous business questions into researchable topics, manage stakeholder relationships, and guide ERA's credit research agenda within a cross-asset team.

Requirements

Professional experience in a quantitative research or markets role covering credit or broader fixed income (e.g., researcher, quantitative analyst, trader, portfolio manager), including experience taking research from problem formulation to application.
Knowledge of credit market structure, including dealer intermediation, balance sheet constraints, RFQ and all-to-all protocols, portfolio trading, ETF-driven liquidity, and credit liquidity behavior under stress.
Familiarity with the credit data landscape (TRACE, consolidated tapes, evaluated pricing, dealer inventory indications, quote data) and a realistic view of its limitations.
Experience with fixed income transaction cost analysis (TCA).
A practical understanding of where ML/AI add value in execution research and decision support, and when simpler, more interpretable methods are preferable.
The ability to scope ill-defined problems into deliverable research.
The ability to allocate scarce research effort to the highest-value opportunities.
The ability to explain complex analysis precisely to both technical and non-technical audiences.
Familiarity with rates or FX market structure, given the cross-asset remit.

Nice To Haves

Experience with kdb+/q and Databricks.
Experience representing a research team to dealers, trading platforms, and vendors.

Responsibilities

Lead GIC's credit execution research agenda, setting a multi-phase roadmap for market impact and liquidity modeling, counterparty and platform selection, portfolio trading, protocol choice, and transaction cost analysis (TCA).
Translate the roadmap into prioritized research with clear measures of success.
Apply advanced quantitative methods to high-granularity trade and quote data to solve novel problems, ensuring robust outcomes through a disciplined research process.
Serve as ERA's primary point of contact for Credit, managing stakeholder relationships with traders and portfolio managers, shaping the research agenda, and making prioritization decisions.
Guide the credit research roadmap for the proprietary execution analytics platform, proposing new models, metrics, and datasets, collaborating with developers for production deployment, and establishing a feedback loop for durable capabilities.
Represent ERA's credit research externally, maintaining an understanding of peer institutions, dealers, trading platforms, vendors, and academic literature, and applying relevant market developments to GIC's context.
Enhance research quality across the team by reviewing code and methodology, contributing to research discussions, and making credit insights transferable to rates, FX, and listed markets through shared research frameworks.