Job Description We are seeking an experienced and motivated Rates E-Trading Quant to join our team. As a Rates E-Trading Quant, you will have the opportunity to work with a team of professionals to develop algorithmic pricing and hedging strategies for the Rates Electronic Trading desk. The ideal candidate for this role is one who is highly analytical, has a deep understanding of the rates markets, and is comfortable working in a fast-paced environment. The successful candidate will have a Bachelor's or Master's degree in a quantitative field such as a Mathematics, Computer Science, or Financial Engineering and a minimum of six years of experience in a quantitative role primarily dealing with RFQ and CLOB data. Additionally, the ideal candidate has a proven track record of developing and implementing quantitative models using large datasets and a strong understanding of the US rates markets. The candidate must also have excellent communication and problem-solving skills and be comfortable working with both internal and external stakeholders. Qualifications:
- Strong knowledge in US Treasury and Swaps markets particularly with RFQ and CLOB trading
- Prior experience development market making and hedging algorithms
- Must know KDB/Q, C++, Python, SQL, R, Java
- Ability to conduct data analytics using KDB to gain insight into algo performance and client monetization
- Experience in building multiple web-based monitoring tools for the desk to use
Responsibilities:
- Develop and implement electronic market making and portfolio risk management algorithms
- Build intraday monitoring tools for algo performance
- Create intraday and end-of-day reports to capture key market and pnl metrics
- Perform client analysis and market microstructure research
- Liaise with the team of professionals to ensure strategies are carried out correctly and in a timely manner
- Communicate and problem-solve effectively
- Remain up-to-date with market and regulatory changes
- Follow industry best practices and standards
- Maintain a high level of accuracy and quality in all tasks
Primary Location Full Time Salary Range of $175,000 - $325,000. The salary offered will take into consideration an individual's experience level and qualifications. In addition to salary, Jefferies offers, for eligible employees, an annual discretionary incentive and retention bonus, competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Jefferies also offers paid time off packages that include planned time off (vacation), unplanned time off (sick leave), and paid holidays and paid parental leave. About Us Jefferies Financial Group Inc. (''Jefferies,'' ''we,'' ''us'' or ''our'') is a U.S.-headquartered global full service, integrated investment banking and securities firm. Our largest subsidiary, Jefferies LLC, a U.S. broker-dealer, was founded in the U.S. in 1962 and our first international operating subsidiary, Jefferies International Limited, a U.K. broker-dealer, was established in the U.K. in 1986. Our strategy focuses on continuing to build out our investment banking effort, enhancing our capital markets businesses and further developing our Leucadia Asset Management alternative asset management platform. We offer deep sector expertise across a full range of products and services in investment banking, equities, fixed income, asset and wealth management in the Americas, Europe and the Middle East and Asia. At Jefferies, we believe that diversity fosters creativity, innovation and thought leadership through the infusion of new ideas and perspectives. We have made a commitment to building a culture that provides opportunities for all employees regardless of our differences and supports a workforce that is reflective of the communities where we work and live. As a result, we are able to pool our collective insights and intelligence to provide fresh and innovative thinking for our clients. Jefferies is committed to creating and sustaining a diverse workforce and encourages applicants from all backgrounds to apply. This includes applicants from historically underrepresented groups, including women, racial and ethnic minorities, members of the LGBTQ+ community, military veterans, and individuals with disabilities or who are neurodiverse. Jefferies is an equal employment opportunity employer, and takes affirmative action to ensure that all qualified applicants will receive consideration for employment without regard to race, creed, color, national origin, ancestry, religion, gender, pregnancy, age, physical or mental disability, marital status, sexual orientation, gender identity or expression, veteran or military status, genetic information, reproductive health decisions, or any other factor protected by applicable law. We are committed to hiring the most qualified applicants and complying with all federal, state, and local equal employment opportunity laws. As part of this commitment, Jefferies will extend reasonable accommodations to individuals with disabilities, as required by applicable law. All employees must follow Jefferies' COVID-19 protocol policy, which is subject to change.