Director – Quantitative Execution & Trading Strategy

Global Financial Markets Firm | New York

Total Comp: Competitive Base + Bonus (Advertised is base salary only)

A global financial markets firm is looking to hire a senior Quantitative Execution professional to help shape the next generation of its electronic and algorithmic trading capabilities.

This is a Director-level opportunity sitting at the intersection of Quantitative Research, Electronic Trading, Execution Technology and Product, working closely with senior traders, quantitative researchers, engineers and institutional clients.

The role is particularly suited to someone who combines deep understanding of execution algorithms and market microstructure with the ability to determine how quantitative trading capabilities should evolve.

The Role

• Drive the development and evolution of sophisticated algorithmic execution and electronic trading capabilities.
• Apply quantitative analysis to execution quality, market impact, transaction costs, liquidity and trading behaviour.
• Work across execution strategies including VWAP, TWAP, POV, Implementation Shortfall, liquidity-seeking and opportunistic algorithms.
• Analyze order-book dynamics, limit orders, venue behaviour, fill probabilities and execution performance.
• Use TCA and execution analytics to identify opportunities to improve algorithms and trading outcomes.
• Partner with Quant Researchers and Engineers on research, modelling, backtesting and production implementation.
• Work closely with Traders and institutional users to understand execution requirements and translate them into quantitative trading capabilities.
• Help define the longer-term direction and priorities of the firm's electronic execution platform.
• Provide senior quantitative expertise across the lifecycle from research and strategy design through product development and live trading.

Candidate Profile

• Significant experience in Quantitative Execution, Algorithmic Trading, Electronic Trading or Execution Research.
• Deep knowledge of market microstructure, transaction cost analysis and execution algorithms.
• Strong understanding of order types, limit order books, liquidity, market impact, slippage and venue dynamics.
• Experience researching, designing, evaluating or improving institutional execution algorithms.
• Strong quantitative background with experience using Python and/or similar analytical tools.
• Comfortable operating across Quant Research, Trading, Technology and Product rather than purely within one function.
• Experience across Equities and/or Futures particularly relevant.
• Senior enough to influence both the quantitative direction and commercial/product evolution of an electronic trading platform.

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