Senior Execution Quantitative Analyst - Fixed Income

Principal Responsibilities

• Assess the firm’s existing fixed income data assets (dealer axes, evaluated pricing, TRACE prints, swap SDR data, futures market data) and design a coherent real-time and historical data layer to support execution and analysis
• Identify and size near-term opportunities in execution quality improvement, transaction cost reduction, and flow internalization across credit, rates, and swaps
• Design, build, and operate internal execution algorithms covering the full fixed income liquidity spectrum—from liquid on-the-run Treasuries to illiquid corporate bonds—using RFQ, click-to-trade, and direct connectivity workflows
• Build transaction cost analysis and pre-trade cost models for fixed income instruments
• Partner with portfolio managers and traders to understand flow characteristics and communicate execution analytics clearly
• Recruit and mentor junior quants and engineers as the platform scales

Qualifications / Skills Required

• 10+ years of relevant experience in fixed income electronic trading, execution, or quantitative research on the buy side or sell side
• Hands-on experience building execution infrastructure for institutional fixed income: RFQ and/or click-to-trade workflows, FIX protocol connectivity, and integration with major electronic venues
• Experience building TCA or cost models for fixed income instruments, including illiquid and sparsely traded securities
• Strong programming skills; experience with data pipelines and market data APIs
• Solid quantitative background; degree in Mathematics, Computer Science, Engineering, Physics, or a related field
• Demonstrated ability to translate data analysis into actionable P & L estimates and communicate findings to non-technical stakeholders
• Experience as a hands-on development lead, with a track record of taking projects from inception to production

Pay

The estimated base salary range for this position is $160,000 to $250,000, which is specific to New York and may change in the future.