Fixed Income ETF Quant Trader

VP Quant Trader | US Fixed Income ETF Desk | Up to $450k Total Comp

New York | 3 to 7 years

I'm working with a top-tier bank on a key hire for their US fixed income ETF desk. They need a quant who can trade. You'll drive how the desk prices, hedges and trades ETFs systematically, and you'll help build out the quant tools behind it.

It's a technical seat that pulls together credit, rates, ETFs, portfolio trading and e-trading. The right person knows the markets inside out, codes well, and has already built pricing and risk systems for fixed income.

• Make markets and run risk on US-listed bond ETFs across govies, IG, HY and niche sectors
• Build and sharpen the desk's models for pricing, hedging, basket design and RV
• Create systematic strategies that tighten execution, manage inventory better and lift returns per unit of risk
• Dig into ETF flows, create/redeem activity, liquidity in the underlying bonds and how primary and secondary prices interact
• Own the desk's tooling, analytics and automation for trading and portfolio risk
  
  Work hand in hand with tech to scale the e-trading setup
• Back up capital markets and sales with liquidity and execution know-how
• Quote electronic credit RFQs, portfolio trades and wider credit enquiries off a systematic pricing engine

• Solid trading background in bond ETFs, cash bonds, portfolio trading or a similar electronic market making business
• A real grip on ETF arb, the create/redeem process, how bond markets are structured and how liquidity is supplied
• A track record of building systematic trading, pricing or risk models
• Strong Python, plus experience with big datasets and e-trading platforms
• Sound knowledge of rates, credit, index methodology and portfolio analytics
• The ability to blend gut feel for the market with research and tech
• A degree in a numbers-heavy subject such as maths, stats, physics, engineering, CS or finance

Someone who wants to build, not just maintain. You've helped stand up systematic fixed income trading before, you like a lean, fast-moving setup, and you want to help grow one of the leading bond ETF desks in the US.

Thanks,

Ed