Talent.com
Quantitative Trading Specialist
Quantitative Trading SpecialistMFS Investment Management • Boston, MA, United States
Quantitative Trading Specialist

Quantitative Trading Specialist

MFS Investment Management • Boston, MA, United States
[job_card.variable_hours_ago]
[job_preview.job_type]
  • [job_card.full_time]
[job_card.job_description]

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.

WHAT YOU WILL DO

  • 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.

WHAT WE ARE LOOKING FOR

  • 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.
  • Base Salary Range : $134,000 - $180,000

    This position is eligible for competitive incentive bonus.

    At MFS, we believe in fair and transparent compensation. For that reason, we're including the salary range for this position. This range reflects our good-faith expectation for what we'll pay depending on the candidate's experience, training and education. In addition to the salary, we also offer significant and competitive incentive compensation based on both individual and company performance. Other components of our Total Rewards Package include :

  • 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
  • Our compensation philosophy is to pay competitively for talent while ensuring equity across employees performing comparable work. We are committed to transparency - if you have questions about how we arrived at this range or what additional benefits and bonus opportunities come with the role, we'll be happy to discuss them

    #LI-HYBRID

    At MFS, we are dedicated to building a diverse, inclusive and authentic workplace. If you are excited about this role but your past experience doesn't align perfectly, we encourage you to apply - you might be just the right candidate for this role or others.

    MFS is a hybrid work environment (remote / onsite) unless otherwise stated in the job posting.

    If any applicant is unable to complete an application or respond to a job opening because of a disability, please contact MFS at 617-954-5000 or email talent_acquisition@mfs.com for assistance.

    MFS is an Equal Opportunity Employer and it is our policy to not discriminate against any employee or applicant for employment because of race, color, religion, sex, national origin, age, marital status, sexual orientation, gender identity, genetic information, disability, veteran status, or any other status protected by federal, state or local laws. Employees and applicants of MFS will not be subject to harassment on the basis of their status. Additionally, retaliation, including intimidation, threats, or coercion, because an employee or applicant has objected to discrimination, engaged or may engage in filing a complaint, assisted in a review, investigation, or hearing or have otherwise sought to obtain their legal rights under any Federal, State, or local EEO law is prohibited. Please see the Know Your Rights : Workplace Discrimination is Illegal document, linked for your reference.

    [job_alerts.create_a_job]

    Quantitative Trading Specialist • Boston, MA, United States

    [internal_linking.similar_jobs]
    Quantitative Trading Analyst

    Quantitative Trading Analyst

    Wellington Management • Boston, MA, US
    [job_card.full_time]
    Quantitative Trading Analyst / h2pWellington Management Company, LLP is one of the worlds largest independent investment management firms. With US$1 trillion in assets under management, we serve as a ...[show_more]
    [last_updated.last_updated_30] • [promoted]
    Quantitative Analysis, AVP

    Quantitative Analysis, AVP

    State Street • Boston, MA, United States
    [job_card.full_time]
    The team is responsible for developing and launching new data products derived from State Street and third-party data to create value for both the company and its customers.This includes conducting...[show_more]
    [last_updated.last_updated_1_day] • [promoted]
    Brake and Alignment Specialist

    Brake and Alignment Specialist

    The Middlesex Corporation • Andover, MA, US
    [job_card.full_time] +1
    We are seeking an experienced Quality Control Technician with proven leadership skills and a devoted work ethic who is looking for a successful career and the opportunity to grow with The Middlesex...[show_more]
    [last_updated.last_updated_less] • [promoted] • [new]
    Valuation Specialist

    Valuation Specialist

    Colliers • Boston, MA, US
    [job_card.full_time]
    Make Your Next Move An Expert One.At Colliers it's not our success that sets us apart, it's how we achieve it.Our people are passionate, take ownership and always do what's right for our clients, p...[show_more]
    [last_updated.last_updated_variable_days] • [promoted]
    Remote Proprietary Trader Elite Tools & Community

    Remote Proprietary Trader Elite Tools & Community

    T3 Global • Boston, MA, US
    [filters.remote]
    [job_card.full_time]
    A financial trading company is seeking a Proprietary Trader to join their team remotely.This role requires a strong understanding of financial markets, a proven trading track record, and the abilit...[show_more]
    [last_updated.last_updated_variable_days] • [promoted]
    Principal Quant Investment Strategist

    Principal Quant Investment Strategist

    Fynetra • Boston, MA, United States
    [job_card.full_time]
    Step out of traditional investing and into a role that’s shaping the future of private markets.This opportunity sits at the intersection of data-driven investment strategy, institutional client adv...[show_more]
    [last_updated.last_updated_30] • [promoted]
    Director Treasury

    Director Treasury

    LightPath • Wakefield, MA, United States
    [job_card.full_time]
    Quannapowitt Parkway, Wakefield, MA 01880 .Lightpath is one of the largest competitive local exchange carriers in the tri-state area. Weown and operate our infrastructure "from the ground up" by...[show_more]
    [last_updated.last_updated_variable_days] • [promoted]
    Senior Quantitative Developer : Risk, Portfolios & Alpha Research

    Senior Quantitative Developer : Risk, Portfolios & Alpha Research

    Soteria Reinsurance Ltd. • Boston, Massachusetts, United States
    [job_card.full_time]
    A financial services firm is seeking a Senior Quantitative Developer in Boston, MA.The ideal candidate will hold a Bachelor's or Master's degree in a relevant field and possess strong Python and da...[show_more]
    [last_updated.last_updated_variable_hours] • [promoted] • [new]
    US Equity Trader

    US Equity Trader

    Wellington Management Company • Boston, MA, United States
    [job_card.full_time]
    Wellington Management • • offers comprehensive investment management capabilities that span nearly all segments of the global capital markets. Our investment solutions, tailored to the unique return a...[show_more]
    [last_updated.last_updated_30] • [promoted]
    QC Analyst

    QC Analyst

    Atrium Staffing • Taunton, MA, US
    [job_card.full_time]
    As a people-centric organization, we foster an environment of collaboration, high performance, and innovation where your talents are valued and your achievements are celebrated.Join us and become p...[show_more]
    [last_updated.last_updated_variable_days] • [promoted]
    Accounting Assistant

    Accounting Assistant

    Robert Half • Brockton, MA, US
    [job_card.full_time]
    We are looking for a skilled Accounting Assistant to join our team on a contract basis in Brockton, Massachusetts.This role focuses on maintaining accurate financial records, processing payments, a...[show_more]
    [last_updated.last_updated_variable_days] • [promoted]
    Prop Trader : Trade with Firm Capital & Elite Team

    Prop Trader : Trade with Firm Capital & Elite Team

    T3 Trading Group • Boston, MA, US
    [job_card.full_time] +1
    An established industry player is seeking a motivated Trader to join their dynamic team.This role offers the opportunity to work with firm capital, providing traders with the leverage needed to exc...[show_more]
    [last_updated.last_updated_1_day] • [promoted]
    BSA- Seismic

    BSA- Seismic

    The Hollister Group • Brockton, MA, US
    [job_card.full_time]
    The Business Systems Analyst (BSA) within the Client Service Application Support team will be responsible for driving ongoing report automation and workflow optimization using the Seismic platform....[show_more]
    [last_updated.last_updated_variable_hours] • [promoted] • [new]
    Medical Oncologist

    Medical Oncologist

    HealthEcareers - Client • Brockton, MA, USA
    [job_card.full_time]
    The Division of Hematology and Oncology at Beth Israel Deaconess Medical Center (BIDMC) and Signature Healthcare & Brockton Hospital is recruiting for a board certified / board eligible full-time com...[show_more]
    [last_updated.last_updated_30] • [promoted]
    Remote Equity / Option Trader

    Remote Equity / Option Trader

    Maverick Trading • Boston, MA, USA
    [filters.remote]
    [job_card.full_time]
    Remote Day Trader – Stocks, Options & Futures | Boston, MA.Start part‑time, scale as you grow — firm capital included.Before you continue, please watch this short recruiting video — it explain...[show_more]
    [last_updated.last_updated_variable_days] • [promoted]
    VP, Quant Optimization Technology

    VP, Quant Optimization Technology

    Fidelity Investments • Boston, MA, United States
    [job_card.full_time]
    VP, Quant Optimization Technology.VP, Quant Optimization Technology.Quantitative Research & Investments Technology (QRIT) team in Fidelity Asset Management Technology. This role will partner with th...[show_more]
    [last_updated.last_updated_30] • [promoted]
    Multi-Specialty Portfolio Specialist (Layfayette, LA)

    Multi-Specialty Portfolio Specialist (Layfayette, LA)

    Massachusetts Staffing • Boston, MA, US
    [job_card.full_time]
    Multi-Specialty Portfolio Specialist / Associate Portfolio Specialist.Japan with operations in the U.With several marketed products and a diverse pipeline of early- to late-stage investigational asse...[show_more]
    [last_updated.last_updated_variable_days] • [promoted]
    Remote Accounting Expert - AI Trainer ($50-$60 / hour)

    Remote Accounting Expert - AI Trainer ($50-$60 / hour)

    Data Annotation • Lawrence, Massachusetts
    [filters.remote]
    [job_card.full_time] +1
    We are looking for a finance professional to join our team to train AI models.You will measure the progress of these AI chatbots, evaluate their logic, and solve problems to improve the quality of ...[show_more]
    [last_updated.last_updated_variable_days] • [promoted]