Electronic Trading & Execution Research Lead

Goldman Lloyds International; New York (NY); On-site; USD 500,000 - 700,000; Full time

Job summary

Goldman Lloyds International in New York seeks a senior Electronic Trading & Execution Research Lead to shape and evolve institutional trading capabilities. Role spans electronic trading, quantitative research, execution analytics and product strategy.

The candidate should combine a deep understanding of market microstructure with strong Python skills to drive improvements across VWAP, TWAP, POV and related strategies while collaborating across Traders, Researchers, Engineers and clients.

Qualifications

• Significant experience across electronic trading, algorithmic trading, execution research or quantitative trading.
• Deep understanding of market microstructure, TCA and institutional execution.
• Knowledge of limit order books, liquidity, market impact, slippage, order routing and venue behaviour.
• Experience researching, evaluating or improving execution algorithms.
• Strong quantitative background with Python and/or similar analytical tools.
• Senior enough to influence both quantitative research and the evolution of an institutional electronic trading platform.
• Equities and/or Futures execution experience.

Responsibilities

• Shape and enhance sophisticated electronic and algorithmic trading capabilities.
• Research execution quality, transaction costs, market impact, liquidity and trading behaviour.
• Work across execution strategies including VWAP, TWAP, POV, Implementation Shortfall and liquidity-seeking strategies.
• Analyse market microstructure, order books, limit orders, fill behaviour and venue dynamics.
• Use TCA, execution analytics and empirical research to identify improvements to trading outcomes.
• Partner with quantitative researchers and engineers on research, modelling, backtesting and implementation.
• Work closely with traders and institutional clients to translate execution requirements into new capabilities.
• Contribute to the strategic direction and evolution of the firm's electronic trading offering.
• Operate across the full lifecycle from quantitative research and strategy design through product development and live trading.

Skills

Electronic trading

Algorithmic trading

Execution research

Quantitative trading

Python

Cross-functional collaboration

Education

Quantitative degree

Job description

Electronic Trading & Execution Research Lead

New York | Global Financial Markets Firm

Compensation: Competitive Base + Bonus

Total Comp Range: $500K-$700K

A global financial markets firm is seeking a senior electronic trading and execution specialist to help develop and evolve its institutional trading capabilities. This is a senior front-office opportunity spanning electronic trading, quantitative research, execution analytics and product strategy. The role requires someone who understands the science behind institutional execution but can also work across traders, researchers, engineers and sophisticated institutional clients to determine how trading capabilities should evolve.

The Role

• Shape and enhance sophisticated electronic and algorithmic trading capabilities
• Research execution quality, transaction costs, market impact, liquidity and trading behaviour
• Work across execution strategies including VWAP, TWAP, POV, Implementation Shortfall and liquidity-seeking strategies
• Analyse market microstructure, order books, limit orders, fill behaviour and venue dynamics
• Use TCA, execution analytics and empirical research to identify improvements to trading outcomes
• Partner with quantitative researchers and engineers on research, modelling, backtesting and implementation
• Work closely with traders and institutional clients to translate execution requirements into new capabilities
• Contribute to the strategic direction and evolution of the firm's electronic trading offering
• Operate across the full lifecycle from quantitative research and strategy design through product development and live trading

Candidate Profile

• Significant experience across electronic trading, algorithmic trading, execution research or quantitative trading
• Deep understanding of market microstructure, TCA and institutional execution
• Knowledge of limit order books, liquidity, market impact, slippage, order routing and venue behaviour
• Experience researching, evaluating or improving execution algorithms
• Strong quantitative background with Python and/or similar analytical tools
• Ability to operate across Trading, Quant Research, Technology and Product
• Equities and/or Futures execution experience particularly relevant
• Strong academic background, ideally including a quantitative degree from a top-tier university
• Senior enough to influence both quantitative research and the evolution of an institutional electronic trading platform