Associate Quantitative Analyst, Fixed Income
About the position
The Associate Quantitative Analyst, Fixed Income will be the primary developer and maintainer of internal systems critical to the daily management of our successful and growing Fixed Income ETF lineup. The Analyst will work under the direction of ETF Portfolio Management to operate and extend tools for automated trading, performance attribution, corporate action analysis, basket negotiation tools and data quality monitoring, among other duties. Successful candidates will be self-directed, curious and eager to identify and implement opportunities to improve the portfolio management process. Knowledge of Python and SQL is required. The ability to work in a group environment with daily interactions with portfolio managers, information technology, and operational staff is expected. General knowledge of ETFs, currency hedging, fixed income securities, trading strategies, broker relationships and portfolio management functions is a plus, but not required. The position, located in Downers Grove, Illinois, will serve as a single contributor with no immediate direct reports.
Responsibilities
• Develop, support and maintain our proprietary risk, flow and order optimization/monitoring system.
• Own our In-Kind Order negotiation and capture process, working directly with Brokers, Portfolio Management, Trading and Technology to enhance our capabilities.
• Develop a full understanding of our investment process; become capable of handling orders and rebalances with minimal supervision.
• Gain a thorough understanding of the global ETF infrastructure and workflow, which includes Portfolio Management requirements for ETF portfolios managed in Europe, Asia, and the United States.
Requirements
• Bachelor's degree in computer science, physics, mathematics, or electrical engineering, or other scientific discipline preferred.
• Prior experience with Python and SQL is required.
• Basic knowledge of git is required.
• Working knowledge of Linear Programming at the undergraduate level is desirable.
• Ability to make quick decisions, establish priorities and concentrate on detailed information under time sensitive conditions.
Nice-to-haves
• Experience with JavaScript (esp. React/Angular), Rust, C, C++, Java, C# or similar is also valuable.
• Experience with Polars, Plotly Dash (or equivalent), Flask, and the standard python data science stack.
• Experience with CI tools (GitHub/BitBucket pipelines, Jenkins) is a plus.
• Experience with libraries such as Gurobi/CPLEX/SCIP is a huge plus.
• Linux experience, or experience with cloud platforms (AWS, GCP, Azure, etc.) is a plus.
• Fixed Income/Trading experience is desirable but not required.
• Knowledge of the global fixed income markets, prior trading experience, and the ability to provide market color are preferred skills but not required.
• Proficiency in any of the following PM systems is considered a plus: Aladdin, Bloomberg, Charles River.
Benefits
• Flexible paid time off
• Hybrid work schedule
• 401(K) matching of 100% up to the first 6% with a discretionary supplemental contribution
• Health & wellbeing benefits
• Parental Leave benefits
• Employee stock purchase plan
Apply tot his job
Apply To this Job
The Associate Quantitative Analyst, Fixed Income will be the primary developer and maintainer of internal systems critical to the daily management of our successful and growing Fixed Income ETF lineup. The Analyst will work under the direction of ETF Portfolio Management to operate and extend tools for automated trading, performance attribution, corporate action analysis, basket negotiation tools and data quality monitoring, among other duties. Successful candidates will be self-directed, curious and eager to identify and implement opportunities to improve the portfolio management process. Knowledge of Python and SQL is required. The ability to work in a group environment with daily interactions with portfolio managers, information technology, and operational staff is expected. General knowledge of ETFs, currency hedging, fixed income securities, trading strategies, broker relationships and portfolio management functions is a plus, but not required. The position, located in Downers Grove, Illinois, will serve as a single contributor with no immediate direct reports.
Responsibilities
• Develop, support and maintain our proprietary risk, flow and order optimization/monitoring system.
• Own our In-Kind Order negotiation and capture process, working directly with Brokers, Portfolio Management, Trading and Technology to enhance our capabilities.
• Develop a full understanding of our investment process; become capable of handling orders and rebalances with minimal supervision.
• Gain a thorough understanding of the global ETF infrastructure and workflow, which includes Portfolio Management requirements for ETF portfolios managed in Europe, Asia, and the United States.
Requirements
• Bachelor's degree in computer science, physics, mathematics, or electrical engineering, or other scientific discipline preferred.
• Prior experience with Python and SQL is required.
• Basic knowledge of git is required.
• Working knowledge of Linear Programming at the undergraduate level is desirable.
• Ability to make quick decisions, establish priorities and concentrate on detailed information under time sensitive conditions.
Nice-to-haves
• Experience with JavaScript (esp. React/Angular), Rust, C, C++, Java, C# or similar is also valuable.
• Experience with Polars, Plotly Dash (or equivalent), Flask, and the standard python data science stack.
• Experience with CI tools (GitHub/BitBucket pipelines, Jenkins) is a plus.
• Experience with libraries such as Gurobi/CPLEX/SCIP is a huge plus.
• Linux experience, or experience with cloud platforms (AWS, GCP, Azure, etc.) is a plus.
• Fixed Income/Trading experience is desirable but not required.
• Knowledge of the global fixed income markets, prior trading experience, and the ability to provide market color are preferred skills but not required.
• Proficiency in any of the following PM systems is considered a plus: Aladdin, Bloomberg, Charles River.
Benefits
• Flexible paid time off
• Hybrid work schedule
• 401(K) matching of 100% up to the first 6% with a discretionary supplemental contribution
• Health & wellbeing benefits
• Parental Leave benefits
• Employee stock purchase plan
Apply tot his job
Apply To this Job