Multi-Asset Quant Trader

  • Competitive
  • Boston, MA, USA
  • Permanent, Full time
  • BNY Mellon Investment Management
  • 23 Apr 19

Multi-Asset Quant Trader

We are hiring a junior multi-asset quant trader for a Boston-based global multi-specialist investment manager. Provides assistance to the trading desk with client order execution. Liaises with support full allocation, settles issues on the life cycle of the trade. Facilitates orders for internal departments. Provides initial recommendations on the pricing of securities. May execute smaller or less complex trades and determine appropriate prices for transactions. Assists in the trading and management of a book of business. Functions independently with delegated responsibilities from more senior traders, which includes the pricing of securities and management of capital risk to maximize returns. Executes all correspondence requisites with a good understanding of the underlying business and specific client needs. Tracks trades and correct trade problems. Ensure all items are cleared up on a routine basis. Conducts problem analysis and identify opportunities for process improvement. Provides product knowledge and technical assistance as necessary, and works with third party vendors to conduct research that compares BNYM to peers to provide data on pricing and trading strategies. Handles client inquires and run reports as necessary. No direct reports.

Responsibilities:

Might trade any major asset class, in any global region

Project work:

  • Will work with traders, support teams, quants and IT to develop workflow solutions
  • Help improve operational efficiency through automation projects
  • Assist with various ad hoc deliverables for internal and external clients

Requirements:

1-3 years of trading experience

STEM background
  • Degree in Computer Science, Mathematics, Statistics or similar
  • M.S. in Computer Science, Mathematics, Statistics or Mathematical Finance / Financial Engineering a plus

Proficiency in Python, SQL, time series modeling

Knowledge of machine learning techniques a plus

Qualifications

Bachelor's degree or the equivalent combination of education and experience is required. 3-5 years of total work experience preferred. Experience in trading or brokerage preferred. Applicable local/regional licenses or certifications as required by the business.

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer.
Minorities/Females/Individuals With Disabilities/Protected Veterans.


Primary Location: United States-California-San Francisco
Internal Jobcode: 70632
Job: Asset Management
Organization: MELLON WITH TOH ADJ-HR13428
Requisition Number: 1900873