full-time
Quantitative Researcher (Fixed Income)
Old Mission
- Employer
- Old Mission
- Location
- Chicago
- Working pattern
- on-site
- Salary
- $175,000–$250,000 / year
About the role
Analyze bond, exchange quote, and third-party pricing datasets to generate and evaluate trading signals. Develop, validate, backtest, and improve quantitative models for bond and commodity prices, spreads, and liquidity, and contribute to trade execution assessment and development. An advanced degree in a quantitative field, preferably a PhD, and exceptional mathematical and programming skills in Python, VBA, or R are sought. Candidates must have demonstrated US corporate bond experience; experience in transaction cost analysis, execution quality, and execution algorithms focused on US credit is required, while credit pricing, credit curve models, RFQ trading, and Bayesian filtering or Hidden Markov Models are desirable.