Quantitative Trading Analyst
About the position THE COMPANY Tracing our roots to 1928, Wellington Management Company, LLP is one of the world’s largest independent investment management firms. With US$1 trillion in assets under management, we serve as a trusted adviser to institutional clients and financial intermediaries in over 50 countries. Our innovative investment solutions are built on the strength of proprietary, independent research and span nearly all segments of the global capital markets, including equity, fixed income, multi-asset, and alternative strategies. As a private partnership whose sole business is investment management, our long-term views and interests are aligned with those of our clients. We are committed to attracting a talented and diverse workforce, and to fostering an open, collaborative culture of inclusivity because we believe multiple perspectives lead to more informed investment and business decisions. As an Equal Opportunity Employer, we welcome people with diverse life experiences, fresh ideas, and specialized subject-matter expertise. THE POSITION The Global Trading department is seeking to recruit a Quantitative Trading Analyst to work on our Trading Research & Analytics team in Boston. Wellington Management’s Trading Department employs over 60 traders globally and operates in specialized teams according to sectors, regions, and products. Our investment and trading activities are conducted on an industry- leading internally developed software platform, which we believe creates a meaningful competitive advantage, and is an asset to our trading data strategy. The Trading Research & Analytics team is an in-house team of managers and analysts, who oversee the “business” of the department and provide in-depth, action-oriented insights into our trading capabilities and activities. Some of the more focused projects include: Profiling our systematic order flows to determine the optimal electronic/algorithmic execution strategy that will minimize the total cost of execution. Profiling our investment driven order flows to unearth momentum signals that can be incorporated into the pre trade strategizing process for improving outcomes. Developing a research and reporting infrastructure designed to monitor the performance of systematic strategies and momentum signals to gauge future efficacy. Responsibilities • Partnering with investors, traders, broker/dealers, and various internal stakeholders to improve overall execution results through innovation, actionable trading research and enhanced decision-making tools. • Designing a Transaction Cost Analysis (TCA) framework for Global Trading that supports our client reporting, best execution, and execution insights. • Working with trading technology, external vendors, and the dealer community on producing a high-quality data environment surrounding the life cycle of a trade. • Understanding equity and/or fixed income market structure trends and how to evolve our electronic trading strategy. Requirements • Personal qualities and values that are consistent with, and would be additive to, Wellington Management's culture. • Self -motivated individual who exhibits ownership in their work with excellent independent decision-making skills and superior judgement. • Creative problem-solver who can work effectively under tight deadlines and other pressures. • Collaborative, team-player. • Experienced programmer, preferably in Python; working knowledge of SQL; familiarity with machine learning, data analysis, and data modeling. • Proven organizational and communication skills with an emphasis on accuracy, concision, and timeliness. • Working knowledge of quantitative tools and technologies used for Transaction Cost Analysis (TCA), order execution and risk management. • Experience in trading workflows and familiarity with financial markets; knowledge of electronic trading platforms and trading systems. • A minimum 1-3 years of relevant work experience in the financial services industry. • Strong academic credentials; a Bachelor's degree is required; a graduate degree and/or professional coursework/certifications (or progress toward) would be additive. Nice-to-haves • Experience with business intelligence and data visualization software, preferably Tableau would be viewed favorably. Benefits • At Wellington Management, our approach to compensation is designed to help us attract, inspire and retain the best talent in our industry. • We strive to pay employees fairly and competitively across all levels and roles. • Our approach to compensation considers all aspects of total compensation; all employees are eligible to receive salary, variable compensation, and benefits. • Base salary is only one component of Wellington’s total compensation approach. • Other rewards may include a discretionary Corporate Bonus and/ or Incentives, if eligible. • In addition, we offer a comprehensive and high value benefit package to meet the unique needs of our employees and their families, and we are committed to fostering a flexible work environment that enables employees to thrive personally and professionally. • Examples of our benefits include retirement plan, health and wellbeing, dental, vision, and pharmacy coverage, health savings account, flexible spending accounts and commuter program, employee assistance program, life and disability insurance, adoption assistance, back-up childcare, tuition/CFA reimbursement and paid time off (leave of absence, paid holidays, volunteer, sick and vacation time) Apply tot his job