Quantitative Trading Specialist
About the position
At MFS, you will find a culture that supports you in doing what you do best. Our employees work together to reach better outcomes, favoring the strongest idea over the strongest individual. We put people first and demonstrate care and compassion for our community and each other. Because what we do matters – to us as valued professionals and to the millions of people and institutions who rely on us to help them build more secure and prosperous futures. THE ROLE The Quantitative Trading Specialist will assess trade execution quality across asset classes and globally, and work with the investment team to assess best execution, form and share actionable insights and provide recommendations on how to improve trading. As part of the team, the Quantitative Trading Specialist will work to expand and support the existing analytics platform in order to facilitate additional quantitative studies. With a lens of improving trading outcomes, the Quantitative Trading Specialist will build and apply models to drive automation and decision making by the Trading team. In addition, the Quantitative Trading Specialist will work to improve the accessibility of actionable insights through ownership of data visualization and reporting that will be used across Trading and other Investment team colleagues. Additionally, the Quantitative Trading Specialist will engage externally with vendors and trading counterparties to understand the market micro-structure context in which we operate, educate teams internally on the team’s collective efforts and provide transparency to clients, the board and others around our best execution process.
Responsibilities
• Conduct execution research and analysis globally, across asset classes.
• Proactively and independently develop quantitative analyses and tools to support and enhance the execution of trading ideas.
• Provide regular and ad hoc reporting/data visualization as output of analysis.
• Find and action opportunities for automation in analysis production and in the trading process.
• Collaborate with a variety of participants in the trading cycle, including PMs, traders, brokers, technologists, other trading analysts and third party providers to improve execution outcomes.
• Consult with PMs and traders on execution quality and efficiencies in the trading process.
• Improve the availability and quality of internal and external data and analysis.
• Maintain and manage third party post-trade execution analytic and vendor relationships.
• Participate in the firm's assessment of Best Execution.
• Independently discover and evaluate tools and vendors that can enhance the trading process.
• Additional responsibilities may extend beyond trading cost analysis.
Requirements
• Master's degree or equivalent in a relevant field such as finance with some experience in software engineering, statistics, or data science.
• Minimum of three to five years of trading, transaction cost analysis or related experience.
• Thorough understanding of quantitative financial and statistical concepts.
• Experience with Python, KDB/Q or other programming languages with a focus on interfacing with high volume data.
• Experience working with large data sets, structured and unstructured
• Experience with data visualization and concepts around display of data
• Equity and fixed income quantitative background, market structure knowledge, plus experience with trading processes and/or transaction cost analysis (TCA).
• Ability to work independently and proactively generate project ideas.
• Strong interpersonal and communication skills.
• Some international travel.
Benefits
• This position is eligible for competitive incentive bonus.
• MFS contributes an amount equal to 15% of your base salary to your retirement account that is separate from the company -sponsored 401(k)
• Education Assistance: MFS contributes $100 monthly up to $10,000 lifetime maximum directly to loan provider
• Education Assistance: Tuition reimbursement up to $8,000 annually
• Education Assistance: Access to discounted tutors and college coaches
• Generous time off and fully paid leaves including 20-weeks for maternity, 12-weeks for parental and caregiver leaves
• Choice of medical and dental plans and an and an employer contribution into the Health Savings Account
• Tax deferred commuter benefits & flexible spending accounts (medical & dependent care)
• Wellness Programs: Robust wellness webinars, employee assistance program with a focus on mental health, subsidized fitness benefit via Wellhub (formerly Gympass), where you can workout at gyms, studios and boutique fitness locations near you, join virtual personal training sessions and access a wide variety of well-being apps
Apply tot his job
Apply To this Job
At MFS, you will find a culture that supports you in doing what you do best. Our employees work together to reach better outcomes, favoring the strongest idea over the strongest individual. We put people first and demonstrate care and compassion for our community and each other. Because what we do matters – to us as valued professionals and to the millions of people and institutions who rely on us to help them build more secure and prosperous futures. THE ROLE The Quantitative Trading Specialist will assess trade execution quality across asset classes and globally, and work with the investment team to assess best execution, form and share actionable insights and provide recommendations on how to improve trading. As part of the team, the Quantitative Trading Specialist will work to expand and support the existing analytics platform in order to facilitate additional quantitative studies. With a lens of improving trading outcomes, the Quantitative Trading Specialist will build and apply models to drive automation and decision making by the Trading team. In addition, the Quantitative Trading Specialist will work to improve the accessibility of actionable insights through ownership of data visualization and reporting that will be used across Trading and other Investment team colleagues. Additionally, the Quantitative Trading Specialist will engage externally with vendors and trading counterparties to understand the market micro-structure context in which we operate, educate teams internally on the team’s collective efforts and provide transparency to clients, the board and others around our best execution process.
Responsibilities
• Conduct execution research and analysis globally, across asset classes.
• Proactively and independently develop quantitative analyses and tools to support and enhance the execution of trading ideas.
• Provide regular and ad hoc reporting/data visualization as output of analysis.
• Find and action opportunities for automation in analysis production and in the trading process.
• Collaborate with a variety of participants in the trading cycle, including PMs, traders, brokers, technologists, other trading analysts and third party providers to improve execution outcomes.
• Consult with PMs and traders on execution quality and efficiencies in the trading process.
• Improve the availability and quality of internal and external data and analysis.
• Maintain and manage third party post-trade execution analytic and vendor relationships.
• Participate in the firm's assessment of Best Execution.
• Independently discover and evaluate tools and vendors that can enhance the trading process.
• Additional responsibilities may extend beyond trading cost analysis.
Requirements
• Master's degree or equivalent in a relevant field such as finance with some experience in software engineering, statistics, or data science.
• Minimum of three to five years of trading, transaction cost analysis or related experience.
• Thorough understanding of quantitative financial and statistical concepts.
• Experience with Python, KDB/Q or other programming languages with a focus on interfacing with high volume data.
• Experience working with large data sets, structured and unstructured
• Experience with data visualization and concepts around display of data
• Equity and fixed income quantitative background, market structure knowledge, plus experience with trading processes and/or transaction cost analysis (TCA).
• Ability to work independently and proactively generate project ideas.
• Strong interpersonal and communication skills.
• Some international travel.
Benefits
• This position is eligible for competitive incentive bonus.
• MFS contributes an amount equal to 15% of your base salary to your retirement account that is separate from the company -sponsored 401(k)
• Education Assistance: MFS contributes $100 monthly up to $10,000 lifetime maximum directly to loan provider
• Education Assistance: Tuition reimbursement up to $8,000 annually
• Education Assistance: Access to discounted tutors and college coaches
• Generous time off and fully paid leaves including 20-weeks for maternity, 12-weeks for parental and caregiver leaves
• Choice of medical and dental plans and an and an employer contribution into the Health Savings Account
• Tax deferred commuter benefits & flexible spending accounts (medical & dependent care)
• Wellness Programs: Robust wellness webinars, employee assistance program with a focus on mental health, subsidized fitness benefit via Wellhub (formerly Gympass), where you can workout at gyms, studios and boutique fitness locations near you, join virtual personal training sessions and access a wide variety of well-being apps
Apply tot his job
Apply To this Job