Fixed Income Quant Researcher, Market Microstructure

GIC; Singapore; On-site; SGD 220,000 - 340,000; Full time

Job summary

GIC, a leading global long‑term investor, seeks a senior researcher for fixed income market microstructure. Based in Singapore, you will deliver data‑driven analyses and proactive consultancy to internal stakeholders across global markets.

We value 6–10 years in quantitative roles, strong coding in Python/R/SQL/kdb+, and a PhD in a related field. Collaboration with traders and PMs is essential to enhance execution and cost modelling.

Qualifications

• 6–10 years of working experience, with 2–5 years in a quantitative role; PhDs considered.
• Strong interest in global fixed income market microstructure and events; FX knowledge helpful.
• Strong understanding of fixed income data (TRACE, evaluated prices) and TCA.
• Practical use of ML methods for execution and counterparty selection.
• Proven track record of building quantitative models and analyses.

Responsibilities

• Deliver actionable analysis on counterparty selection, execution, market impact, and regime identification.
• Influence outcomes by providing quantitative and systematic solutions; participate in research discussions.
• Own research projects from ideation to production with a dedicated development team.
• Understand internal mandates and investment styles; interact with portfolio managers to model drivers of transaction costs.
• Collaborate with traders, risk management, and portfolio functions to enhance strategy implementation.

Skills

Quantitative research

Python

R

SQL

kdb+/Q

Databricks

Machine learning

Data analysis

Education

PhD in related field

Tools

TRACE data

TCA

Databricks

Job description

GIC, a leading global long‑term investor, seeks a senior researcher for fixed income market microstructure. Based in Singapore, you will deliver data‑driven analyses and proactive consultancy to internal stakeholders across global markets.

We value 6–10 years in quantitative roles, strong coding in Python/R/SQL/kdb+, and a PhD in a related field. Collaboration with traders and PMs is essential to enhance execution and cost modelling.