Quantitative Analyst I: Execution & TCA Modeling

Arvionservices; Kuala Lumpur; On-site; MYR 180,000 - 300,000; Full time

Job summary

Arvionservices seeks a talented Quantitative Analyst to design, develop, and validate models and tooling for best execution across asset classes. You will work at the intersection of market microstructure, statistics, and software engineering, measuring execution quality, routing, and algorithm performance.

You will collaborate with traders and engineers to translate research into live trading enhancements, build backtesting frameworks, and produce regular best execution reports.

Qualifications

• Master's or PhD in a quantitative discipline such as Mathematics, Statistics, Physics, Computer Science, Financial Engineering, or Econometrics.
• 3+ years in a quantitative role covering FX or commodities, ideally with exposure to execution, TCA, market microstructure, or algorithmic trading.
• Strong proficiency in Python and libraries such as NumPy, pandas, scikit-learn, and statsmodels.
• Experience with large datasets and writing clean, production-grade 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, smart order routing logic, and venue selection under varied market conditions.
• Partner with traders, execution engineers, and brokers to translate research into improvements in live trading and order routing systems.
• Produce regular best execution reporting for internal stakeholders and investigate outliers or deteriorations in execution quality.
• Research advances in execution science — optimal trading, market impact modelling, and machine learning applied to microstructure — and assess their practical application.
• Document research findings clearly and present results to both technical and nontechnical stakeholders.
• Maintain rigorous standards of model validation, code quality, and documentation across all execution analytics work.

Skills

Python

NumPy

pandas

scikit-learn

statsmodels

Education

Master's or PhD in quantitative discipline

Tools

AWS

GCP

Azure

SQL

Parquet

kdb+

Job description

Arvionservices seeks a talented Quantitative Analyst to design, develop, and validate models and tooling for best execution across asset classes. You will work at the intersection of market microstructure, statistics, and software engineering, measuring execution quality, routing, and algorithm performance.

You will collaborate with traders and engineers to translate research into live trading enhancements, build backtesting frameworks, and produce regular best execution reports.