Transaction Cost Analyst (TCA) Systematic Trading

  • Competitive
  • Boston, MA, USA
  • Permanent, Full time
  • Analytic Recruiting Inc.
  • 15 Apr 19

A Boston based global asset manager is looking for a Quantitative Researcher with transaction cost analysis (TCA) experience to build statistical forecast models for the firms Systematic Trading team.


  • Join the firm’s Systematic Trading Research team to focus on data driven analysis to better understand the impact of pre-trade transaction and execution costs
  • Contribute to quantitative research on best execution strategies
  • Analyze implementation shortfall data against actual transaction cost and return forecast models
  • Build and maintain market data and transaction databases for research and analysis.
  • Work with portfolio managers and traders on trade implementation strategies
  • Model and analyze large unstructured datasets


  • An advanced quantitative degree in finance, statistics, math, physics or computer science is strongly preferred along with 5+ years of work experience.
  • Must have direct experience in TCA
  • Current development experience with Python (Numpy, Scipy, Pandas, SKLearn)
  • Strong Statistical and data management skills
  • Experience modeling large unstructured datasets
  • Deep understanding of US equity market microstructure
  • Experience with market data: US real time and historical.

Keywords: Transaction Costs, Trading, Equity, Market Microstructure, Data Analysis, Python, Quantitative Research, Machine Learning

Please refer to Job 23372- and send MS Word attached resume to Jim Geiger, | For More Opportunities Visit