Quantitative Analyst – Best Execution & Market Microstructure

Arvion Services; Jakarta Pusat; On-site; IDR 320,000,000 - 700,000,000; Full time

Job summary

Arvion Services seeks a talented Quantitative Analyst to design, develop, and validate models and tooling underpinning best execution across asset classes. You will operate at the intersection of market microstructure, statistics, and software engineering to measure execution quality and optimize routing and algorithm selection.

The ideal candidate holds a Master’s or PhD in a quantitative field and 3+ years in a related role (FX or commodities), with strong Python skills and experience handling

Qualifications

• Master’s or PhD in Mathematics, Statistics, Physics, Computer Science, Financial Engineering, or Econometrics.
• 3+ years in a quantitative role covering FX or commodities, with exposure to execution, TCA, or market microstructure.
• Strong Python proficiency; experience with large datasets and clean, tested code.
• Excellent written and verbal communication skills.

Responsibilities

• Develop and maintain quantitative models for transaction cost analysis (TCA), market impact, slippage, and venue/algorithm performance.
• Conduct rigorous statistical analysis on tick, order, and execution data to identify sources of cost, latency, and information leakage.
• Build and maintain simulation and backtesting frameworks to evaluate execution algorithms and smart order routing under varied market conditions.
• Collaborate with traders and execution engineers to translate research into production improvements.
• Produce regular best execution reporting for internal stakeholders and investigate anomalies in execution quality.

Skills

Python

Statistics

Data analysis

Communication

Productionize research

Big data handling

Education

Master's or PhD in quantitative field

Tools

NumPy

pandas

scikit-learn

statsmodels

SQL

Parquet

kdb+

Job description

Arvion Services seeks a talented Quantitative Analyst to design, develop, and validate models and tooling underpinning best execution across asset classes. You will operate at the intersection of market microstructure, statistics, and software engineering to measure execution quality and optimize routing and algorithm selection.

The ideal candidate holds a Master’s or PhD in a quantitative field and 3+ years in a related role (FX or commodities), with strong Python skills and experience handling