Quantitative Credit Trading Associate

SMBC; New York (NY); Hybrid; USD 115,000 - 180,000; Full time

Job summary

SMBC is hiring an Associate for the Systematic Credit Trading team in New York. The role focuses on quantitative analytics, model-driven execution, and real‑time support for corporate bonds.

You will work with traders and senior quants on systematic strategies, contributing to model development, tooling, and performance analysis. This is a front‑office role with PnL impact and growth potential.

Qualifications

• 2–6 years of relevant full‑time experience in fixed income or front‑office roles.
• Experience with bond, rates, or credit market data in production environments.
• Strong analytics with time‑series, statistics, or ML basics.
• Ability to discuss liquidity, pricing, execution costs, and risk.
• Experience with FIX, MarketAxess, Tradeweb, or Bloomberg.

Responsibilities

• Own and enhance systematic trading models, signals, and feature pipelines for corporate bonds.
• Analyze market microstructure, TRACE data, RFQ dynamics, and transaction costs.
• Design, build, and maintain production-quality analytics and dashboards.
• Contribute to RFQ automation, pricing logic, and dealer/ECN workflows.
• Monitor model behavior, inventory risk, PnL attribution, and execution performance.
• Mentor junior analysts and collaborate with traders to translate data into ideas.

Skills

Fixed income trading

Quantitative research

Trading analytics

Front-office engineering

Statistics

Time-series analysis

Optimization

Applied machine learning

Communication

FIX APIs

Market data analysis

Education

Bachelor’s or Master’s degree in quantitative field

Tools

FIX

MarketAxess

Tradeweb

Bloomberg

Job description

SMBC is hiring an Associate for the Systematic Credit Trading team in New York. The role focuses on quantitative analytics, model-driven execution, and real‑time support for corporate bonds.

You will work with traders and senior quants on systematic strategies, contributing to model development, tooling, and performance analysis. This is a front‑office role with PnL impact and growth potential.