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Senior Associate - Fixed Income Calculations

AT MarketAxess
MarketAxess

Senior Associate - Fixed Income Calculations

New York, NY

About Us 

MarketAxess is on a journey to digitally transform one of the world’s largest financial markets, enabling the shift from analog, phone-based trading to a fully electronic marketplace. Why does this matter? Because our platform makes trading fixed-income more accessible, ultimately improving transparency, efficiency, and competition in the marketplace. Changing the way an established industry transacts is no easy feat. There will be twists and turns, because no one’s ever done this before. But now, more than 2,000 clients around the world rely on our solutions, and that number is only expected to grow in the years ahead. We know where we’re going. How we get there is up to us. Join us and help Take Us There. 

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The Role

The senior associate will work within our Data group and partner with our Calculation and Research teams to analyze industry-leading fixed income calculations. This will include leveraging our extensive global proprietary data assets and working closely with leading developers, architects, and product management within the fixed income fintech space.

How You'll Help Take Us There

•    Performing analysis of bond calculation metrics;
•    Reconciling and fixing errors in bond calculation metrics;
•    Recommending and implementing processes and documentation;
•    Design, analyze, and review highly complex fixed income calculations across all aspects of our electronic trading and related systems
•    Support business and development teams through the creative analysis of cutting-edge calculation processes, procedures, and methods
•    Reconcile and remediate existing fixed income calculation issues
•    Partner closely with the Technology team to ensure appropriate standards and integration

What We’re Looking for  

•    5+ years of relevant work experience in fixed income, e-trading, or similar
•    Degree in Finance, Math, Fields of science and technology 
•    Experience in development of trading platform for Fixed Income
•    Advanced financial math for yield calculation and spread to price conversion, accrued interest, duration, curve building and other financial instrument characteristics
•    Proficiency in understanding various fixed income calculations and analytics
•    Experience with calculation providers such as FinCAD, Refinitiv, Bloomberg
•    Experience with Java and Python
•    Strong analytical and problem-solving skills
•    Proven work experience as a team leader
•    Ability to establish priorities, work independently, and proceed with objectives
•    Experience performing benchmarking, backtesting, and validation for fixed income calculations
•    Experience providing internal and external support for fixed income calculations
•    Experience creating, maintaining, and editing SQL queries
•    Strong written, verbal, and team communications skills

What You Can Expect from Us

  • Hybrid Environment: Our employees enjoy a mix of working in the office and from home
  • Free Food: We provide free lunch for employees when they are working in the office. Plus, our offices are stocked with snacks
  • Paid Time Off: Competitive PTO package including vacation and personal days, sick leave and charity days
  • Generous Parental Leave: Up to 20 weeks fully paid leave
  • 401(k): Dollar-for-dollar employer match up to $17,500
  • Employee Stock Purchase Plan: Employees can purchase MarketAxess common stock at a discount
  • Wellness Stipend: We provide employees with up to $1K annually towards gym memberships, home office equipment and more
  • Onsite Healthcare: We offer convenient access to world-class care through Mount Sinai at our Hudson Yards location
  • Tuition Assistance and Professional Development: Benefit from live and on-demand learning, role-specific training, employee-led Lunch and Learns and guest speakers
  • Core benefits: Highly competitive medical, dental, and vision programs

For job positions in NYC, NY, and other locations where required, the estimated salary range for a new hire into this position is $115,000 USD to $170,000 USD. Actual salary may vary depending on job-related factors, which may include knowledge, skills, experience, and location. You may also be eligible for annual cash incentives, equity, and other benefit programs.

MarketAxess Corporation and its affiliates provide equal employment opportunities to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, veteran status, or any other legally protected characteristic in the location in which the candidate is applying.

All of your information will be kept confidential according to EEO guidelines.

Client-provided location(s): New York, NY, USA
Job ID: 4414160006
Employment Type: Other

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • FSA
    • HSA With Employer Contribution
    • Life Insurance
    • Short-Term Disability
    • Long-Term Disability
    • Fitness Subsidies
  • Parental Benefits

    • Birth Parent or Maternity Leave
    • Non-Birth Parent or Paternity Leave
    • Fertility Benefits
    • Family Support Resources
  • Work Flexibility

    • Flexible Work Hours
    • Remote Work Opportunities
    • Hybrid Work Opportunities
  • Office Life and Perks

    • Commuter Benefits Program
    • Casual Dress
    • Happy Hours
    • Snacks
    • Some Meals Provided
    • Company Outings
    • On-Site Cafeteria
    • Holiday Events
  • Vacation and Time Off

    • Paid Vacation
    • Paid Holidays
    • Personal/Sick Days
    • Leave of Absence
    • Volunteer Time Off
  • Financial and Retirement

    • 401(K)
    • 401(K) With Company Matching
    • Company Equity
    • Stock Purchase Program
    • Performance Bonus
    • Pension
  • Professional Development

    • Tuition Reimbursement
    • Promote From Within
    • Mentor Program
    • Shadowing Opportunities
    • Lunch and Learns
    • Internship Program
    • Associate or Rotational Training Program
    • Access to Online Courses
  • Diversity and Inclusion

    • Diversity, Equity, and Inclusion Program
    • Founder led
    • Employee Resource Groups (ERG)

Company Videos

Hear directly from employees about what it is like to work at MarketAxess.