Incoming PM - Credit Quantitative Analyst

Balyasny Asset Management LP

NY

JOB DETAILS
SKILLS
Algorithms, Analysis Skills, Bond Market, C++ Programming Language, Communication Skills, Computer Programming, Computer Science, Construction, Credit Analysis, Data Analysis, Data Sets, Data Visualization Tools, Detail Oriented, Finance, Financial Mathematics, Fixed Income Investments, Investment Management, Liquidity, MATLAB, Mathematics, Product Pricing, Python Programming/Scripting Language, Quantitative Analysis, Quantitative Research, R Programming Language, Regulations, Risk Management, Statistical Modeling, Statistics
LOCATION
NY
POSTED
30+ days ago

Quantitative Analyst - Credit / Municipal Bond Trading Strategies

Role Overview: Join our dynamic team as a Quantitative Analyst focused on developing, implementing, and optimizing data-driven trading strategies across credit and municipal bond markets. You will collaborate with traders, portfolio managers, and technologists to analyze data, build statistical models, and generate actionable investment insights.

Key Responsibilities:

  • Analyze large datasets related to credit and municipal bonds to identify inefficiencies, opportunities, and risks.
  • Develop, backtest, and implement systematic trading strategies for credit and muni markets.
  • Build and maintain quantitative models for pricing, risk management, relative value, and liquidity assessment.
  • Produce regular analytics and bespoke research for traders and senior stakeholders.
  • Collaborate with developers to automate data analysis, trading signals, and risk management processes.
  • Stay up to date with market structure changes, regulatory updates, and new data sources relevant to credit/munis.

Qualifications & Skills:

  • Advanced degree (MS/PhD preferred) in a quantitative field such as Mathematics, Statistics, Computer Science, Engineering, or Finance.
  • 2+ years of experience in a quantitative or research role (preferably in fixed income/credit/munis).
  • Strong programming skills in Python or similar languages (R, Matlab, C++).
  • Deep understanding of credit products and municipal bonds; familiarity with market data sources (TRACE, EMMA, Bloomberg, etc.).
  • Experience with statistical/ML modeling, backtesting frameworks, and data visualization tools.
  • Self-motivated, detail-oriented, and able to communicate complex ideas clearly to technical and non-technical audiences.

Preferred:

  • Experience working with traders or in a trading environment.
  • Familiarity with risk management, portfolio construction, or execution algorithms in fixed income.
  • Knowledge of current regulatory landscape affecting muni and credit trading.

*This role provides high visibility with portfolio managers and offers significant learning and growth opportunities within a leading credit trading platform. If you are passionate about quantitative finance and fixed-income markets, we'd love to hear from you.

With respect to NY, CA, and IL based applicants, the starting base pay range for this role is between USD 175000 and USD 250000 annually. The actual base pay is dependent upon several factors, including, but not limited to, relevant experience, business needs and market demands. This role may also be eligible for bonus compensation and employee benefits.

Apply now

About the Company

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Balyasny Asset Management LP