Quantitative Trader
Brownstone Investment Group · New York, New York, United States
FULL TIMEpermanent
Job Description
AboutBrownstone Investment Group is a leader in fixed income trading and distribution solutions, with a network spanning over 2,200 relationships. Since 1998, Brownstone has built its reputation on integrity, innovation, and exceptional client service. Our entrepreneurial culture provides employees with meaningful responsibility and opportunities for long-term career growth.
Do you have the skills to fill this role Read the complete details below, and make your application today.
The RoleBrownstone is seeking a quantitative trader to own P&L in an automated pricing and market-making business in fixed income. This is a trading seat first where the candidate is expected to run a live book and is accountable for its returns. You will find unique market structure inefficiencies, liquidity fragmentation across venues and protocols, routing and execution gaps, and build a trading strategy that profits off that.
ResponsibilitiesOwn P&L in an assigned product or strategy, including inventory, risk, and return on balance sheetRun automated pricing and execution across client inquiry, streaming, and venuesDesign, backtest, and deploy systematic pricing, execution, and market-making models and iterate on them with live dataPartner with technology to advance the firm's electronic trading platform and infrastructureContribute quantitative and market insight to the broader floor
QualificationsBachelor's or advanced degree in a quantitative field (mathematics, statistics, computer science, engineering, or similar)5+ years running systematic pricing, electronic market-making, or algorithmic execution in a live bookStrong programming and system design skills; experience building asynchronous services for pricing, order routing, and executionFluency with modern AI tools, including LLM-assisted coding and research workflowsDemonstrated knowledge of market microstructure and experience managing P&L and risk
Why BrownstoneDistribution across 2,200+ counterparties feeding a rapidly scaling e-trading businessBalance sheet and risk limits sized to the opportunityDirect partnership with technology and an extremely flat, entrepreneurial structureThe chance to build a business
Compensation and BenefitsThe base salary range for this role is $150,000 to $300,000, depending on skills and experience. xzbcwsv Total compensation for the role also includes a discretionary bonus tied to book performance and a competitive benefits package.
Do you have the skills to fill this role Read the complete details below, and make your application today.
The RoleBrownstone is seeking a quantitative trader to own P&L in an automated pricing and market-making business in fixed income. This is a trading seat first where the candidate is expected to run a live book and is accountable for its returns. You will find unique market structure inefficiencies, liquidity fragmentation across venues and protocols, routing and execution gaps, and build a trading strategy that profits off that.
ResponsibilitiesOwn P&L in an assigned product or strategy, including inventory, risk, and return on balance sheetRun automated pricing and execution across client inquiry, streaming, and venuesDesign, backtest, and deploy systematic pricing, execution, and market-making models and iterate on them with live dataPartner with technology to advance the firm's electronic trading platform and infrastructureContribute quantitative and market insight to the broader floor
QualificationsBachelor's or advanced degree in a quantitative field (mathematics, statistics, computer science, engineering, or similar)5+ years running systematic pricing, electronic market-making, or algorithmic execution in a live bookStrong programming and system design skills; experience building asynchronous services for pricing, order routing, and executionFluency with modern AI tools, including LLM-assisted coding and research workflowsDemonstrated knowledge of market microstructure and experience managing P&L and risk
Why BrownstoneDistribution across 2,200+ counterparties feeding a rapidly scaling e-trading businessBalance sheet and risk limits sized to the opportunityDirect partnership with technology and an extremely flat, entrepreneurial structureThe chance to build a business
Compensation and BenefitsThe base salary range for this role is $150,000 to $300,000, depending on skills and experience. xzbcwsv Total compensation for the role also includes a discretionary bonus tied to book performance and a competitive benefits package.
Details
| Company | Brownstone Investment Group |
| Location | New York, New York, United States |
| Type | FULL TIME |
| Niche | finance |
| Experience | permanent |
