At a Glance
- Tasks: Join our Trading Desk to develop and monitor innovative pricing models and strategies.
- Company: Acadian Asset Management is a leading investment firm based in Boston, managing $121 billion globally.
- Benefits: Enjoy a hybrid work environment, casual office vibes, and top-notch professional development opportunities.
- Why this job: Be part of a diverse team that values collaboration and empowers your ideas through technology.
- Qualifications: Bachelor's in STEM or related field with 10+ years trading experience in corporate bonds and credit derivatives.
- Other info: Strong Python skills and familiarity with OMS/EMS platforms are essential for success.
The predicted salary is between 72000 - 108000 £ per year.
Acadian Asset Management LLC is a Boston-headquartered investment management firm with wholly owned affiliates located in Singapore, London, and Sydney. As of March 31, 2025, the firm managed approximately US$121 billion on behalf of major pension funds, endowments, foundations, governments and other investors based in the U.S. and abroad.
Position Overview: As a member of the Trading Desk, you will work directly with Quantitative Developers, Researchers, and the Systematic Credit Portfolio Managers. In addition to trading for Acadian's credit portfolios, you will be researching, developing, deploying, and monitoring cutting edge pricing models and strategies. Acadian's credit capabilities focus on credit long-short, high-yield, and investment-grade corporate bonds. Acadian supports a hybrid work environment, employees are on-site in the Boston office 3 days a week.
What You'll Do:
- A Bachelor's degree in STEM, statistics, or mathematics
- 10+ years of work experience trading corporate bonds (domestic and international) and credit derivatives; experience trading other fixed income securities a plus
- Firm understanding of credit market structure and familiarity with a wide range of implementation strategies
- Experience with quantitative/systematic strategies within Credit Markets
- Strong Python programming
- Working expertise with OMS/EMS platforms (Charles River, TSImagine, MarketAxess, TradeWeb, etc)
- World-class analytical skills and the ability to clearly articulate the approach, process, and results in verbal, graphical and written form
- Willingness and ability to work in a collegial, results-oriented environment - must be a strong team player
- Interest in following financial markets and a strong quantitative orientation for investing
- Drive to deliver on high value projects and a roll up your sleeves attitude
- Act as a facilitator for the placement of cash and synthetic trades for the suite of systematic strategies
- Contribute to research which improves the pricing model and execution methodology
- Gain in-depth knowledge of transaction cost models and aspects of portfolio construction in the furtherance of ongoing idea generation and process improvements
- Contribute to the development of the systematic order management framework/workflow, including execution management and transaction cost analysis
Why Work Here: Acadian is a quantitative investment firm where ideas are empowered by technology. Our team is made up of a diverse mix of professionals who thrive in a culture that fosters ingenuity through collaboration and transparency. We offer a casual office environment, top-notch benefits, and excellent professional and personal development opportunities.
Quant Trader Boston, Massachusetts, United States employer: Acadian Asset
Contact Detail:
Acadian Asset Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Quant Trader Boston, Massachusetts, United States
✨Tip Number 1
Network with professionals in the quantitative trading field, especially those who have experience in credit markets. Attend industry conferences or local meetups in Boston to connect with potential colleagues and learn more about Acadian's culture.
✨Tip Number 2
Familiarise yourself with the specific OMS/EMS platforms mentioned in the job description, such as Charles River and TradeWeb. Consider taking online courses or tutorials to enhance your proficiency in these tools, which will make you a more attractive candidate.
✨Tip Number 3
Stay updated on current trends and developments in the credit markets. Follow relevant financial news sources and engage with quantitative finance communities online to demonstrate your passion and knowledge during interviews.
✨Tip Number 4
Prepare to discuss your previous trading experiences in detail, focusing on your analytical skills and how you've contributed to team projects. Be ready to articulate your approach to developing pricing models and strategies, as this will showcase your fit for the role.
We think you need these skills to ace Quant Trader Boston, Massachusetts, United States
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience in trading corporate bonds and credit derivatives. Emphasise your quantitative skills, programming expertise in Python, and familiarity with OMS/EMS platforms.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your background aligns with Acadian's focus on quantitative investment strategies and your ability to work collaboratively in a team environment.
Showcase Analytical Skills: Provide examples of past projects where you demonstrated world-class analytical skills. Be specific about how you articulated your approach and results, whether in verbal, graphical, or written form.
Highlight Continuous Learning: Mention any ongoing education or professional development related to financial markets and quantitative strategies. This shows your commitment to staying updated in a fast-paced industry.
How to prepare for a job interview at Acadian Asset
✨Showcase Your Quantitative Skills
Make sure to highlight your experience with quantitative/systematic strategies, especially in credit markets. Be prepared to discuss specific models or strategies you've developed and how they contributed to trading success.
✨Demonstrate Team Collaboration
Since the role requires working closely with various teams, emphasise your ability to collaborate effectively. Share examples of past experiences where you successfully worked as part of a team to achieve common goals.
✨Prepare for Technical Questions
Expect technical questions related to Python programming and OMS/EMS platforms. Brush up on your coding skills and be ready to solve problems or explain your thought process during the interview.
✨Stay Updated on Market Trends
Show your interest in financial markets by discussing recent trends or news that could impact credit trading. This demonstrates your passion for the field and your proactive approach to staying informed.