Quantitative Associate

VanEck; New York (NY); On-site; USD 120,000 - 150,000; Full time

Job summary

VanEck is seeking a quantitative research professional to enhance portfolio optimization models and automate reporting workflows within a dynamic fixed income team in New York.

You will work with large datasets, build internal tools, and produce performance analyses to support investment decisions and client communications. A strong advanced degree with 3–5 years of relevant experience is expected.

Qualifications

• Practical knowledge of fixed income markets (Treasuries, corporates, and municipal bonds).
• Experience building data pipelines and working with large structured and unstructured datasets.
• Experience developing internal research tools, dashboards, or automation scripts that improve investment team productivity.
• Excellent communication skills and ability to collaborate cross‑functionally.
• Advanced degree (MS or PhD) in Quantitative Finance, Financial Engineering, Mathematics, Statistics, Computer Science, or related field.

Responsibilities

• Enhance and maintain fixed income portfolio optimization models.
• Produce monthly and quarterly performance reports, including slippage analysis.
• Perform transaction cost analysis and attribution by sector, duration, and security selection.
• Identify opportunities to automate manual investment, analytics, and reporting processes using AI and data engineering tools.
• Assist portfolio managers in evaluating new issue municipal bond offerings, including structure analysis, covenant assessment, and relative value analysis.
• Support portfolio managers in secondary municipal trade execution by submitting bids and offers and negotiating with dealers.

Skills

Fixed income markets knowledge

Data pipelines

Research tools / dashboards

Cross-functional communication

Education

MS/PhD in Quantitative fields

Job description

VanEck is a privately held global asset management firm founded in 1955. We develop forward‑looking, intelligently designed, active and ETF strategies that strengthen long‑term portfolios. If you are a high‑energy individual with a strong work ethic, outstanding communication skills, and enjoy working in a team atmosphere, we would like to speak with you.

Essential Duties and Responsibilities

• Enhance and maintain fixed income portfolio optimization models.
• Produce and maintain monthly and quarterly performance reports, including slippage analysis, transaction cost analysis, and attribution reports (sector, duration, spread, and security selection attribution).
• Identify opportunities to automate manual investment, analytics, and reporting processes using AI and data engineering tools.
• Assist portfolio managers in evaluating new issue municipal bond offerings, including structure analysis, covenant assessment, and relative value analysis.
• Support portfolio managers in secondary municipal trade execution by submitting bids and offers and actively managing real‑time negotiations with dealers.

Supervisory Responsibilities

None

Qualifications

• Practical knowledge of fixed income markets (Treasuries, corporates, and municipal bonds).
• Experience building data pipelines and working with large structured and unstructured datasets (market data, holdings, trades, research text).
• Experience developing internal research tools, dashboards, or automation scripts that improve investment team productivity.
• Excellent communication skills and ability to collaborate cross‑functionally.

Education And/or Experience

• Advanced degree (MS or PhD) in Quantitative Finance, Financial Engineering, Mathematics, Statistics, Computer Science, or related field.
• 3–5 years of experience in quantitative research, portfolio optimization, or financial engineering.

Practical knowledge of fixed income markets (Treasuries, corporates, securitized products, derivatives).

Compensation

• If this position will be performed in whole or in part in New York City, the base salary range is $120,000 - $150,000. Individual salaries may vary based on different factors including but not limited to, skills, experience, job‑related knowledge, and location. Base salary does not include other forms of compensation or benefits offered in connection with this position.

VanEck is committed to treating all applicants and employees fairly and to providing equal opportunity in compliance with applicable federal, state and local laws. VanEck does not and will not discriminate against any employee or applicant for employment on the basis of race, religion, ancestry, color, gender, gender identity, pregnancy, age, physical or mental disability, national origin, marital status, sexual orientation, citizenship status, covered‑veteran or military status, genetic information, and/or any other factor protected by law.