Essential Duties and Responsibilities:Includes the following, other duties may be assigned as needed:
- Enhance and maintain fixed income portfolio optimization models.
- Produce and maintain monthly and quarterly performance reports, including slippage analysis, transaction cost analysis, and attribution reports (sector, duration, spread, and security selection attribution).
- Identify opportunities to automate manual investment, analytics, and reporting processes using AI and data engineering tools.
- Assist portfolio managers in evaluating new issue municipal bond offerings, including structure analysis, covenant assessment, and relative value analysis.
- Support portfolio managers in secondary municipal trade execution by submitting bids and offers and actively managing real-time negotiations with dealers.
Supervisory Responsibilities None
Qualifications - Practical knowledge of fixed income markets (Treasuries, corporates, and municipal bonds).
- Experience building data pipelines and working with large structured and unstructured datasets (market data, holdings, trades, research text).
- Experience developing internal research tools, dashboards, or automation scripts that improve investment team productivity.
- Excellent communication skills and ability to collaborate cross-functionally.
Education and/or Experience - Advanced degree (MS or PhD) in Quantitative Finance, Financial Engineering, Mathematics, Statistics, Computer Science, or related field.
- 3-5 years of experience in quantitative research, portfolio optimization, or financial engineering.
Practical knowledge of fixed income markets (Treasuries, corporates, securitized products, derivatives).
Compensation- If this position will be performed in whole or in part in New York City, the base salary range is $120,000 - $150,000. Individual salaries may vary based on different factors including but not limited to, skills, experience, job-related knowledge, and location. Base salary does not include other forms of compensation or benefits offered in connection with this position.
