About this opportunity
Brownstone Investment Group lists this Quantitative Trader opportunity in new york city, New York. Review the employer’s description below for duties, qualifications and application requirements.
Job description
About
Brownstone 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.
The Role
Brownstone 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.
Responsibilities
Own P&L in an assigned product or strategy, including inventory, risk, and return on balance sheet
Run automated pricing and execution across client inquiry, streaming, and venues
Design, backtest, and deploy systematic pricing, execution, and market-making models and iterate on them with live data
Partner with technology to advance the firm's electronic trading platform and infrastructure
Contribute quantitative and market insight to the broader floor
Qualifications
Bachelor'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 book
Strong programming and system design skills; experience building asynchronous services for pricing, order routing, and execution
Fluency with modern AI tools, including LLM-assisted coding and research workflows
Demonstrated knowledge of market microstructure and experience managing P&L and risk
Why Brownstone
Distribution across 2,200+ counterparties feeding a rapidly scaling e-trading business
Balance sheet and risk limits sized to the opportunity
Direct partnership with technology and an extremely flat, entrepreneurial structure
The chance to build a business
Compensation and Benefits
The base salary range for this role is $150,000 to $300,000, depending on skills and experience. Total compensation for the role also includes a discretionary bonus tied to book performance and a competitive benefits package.
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.