Quantitative Credit Trading Desk Strategist - Executive Director

The Macro Credit Trading Desk is seeking an Executive Director-levelFront Office Quantitative Strategist (Strats)tojoin the trading deskand help drive the development of next-generationpricing, risk, and analytics toolsfor our macro credit derivatives business. The scope isglobal, covering key products includingtranches, options, futures, and CDS indexmarkets. This role combines strong quantitative depth with a trading mindset and the interpersonal skills to bridgeTrading, Sales, Technology, and Quantitative Research.

Location / Reporting

• New York, NY


• Reports directly to the Head of the Macro Credit Trading Desk

Key Responsibilities

• Develop, manage, and trade quantitative strategies within macro credit products, contributing to day-to-day risk management and P&L outcomes.


• Represent Trading in the design, prioritization, and delivery ofnext-generation pricing/risk tools, coordinating across Technology, Quantitative Research, Sales, and other stakeholders to drive alignment and execution in a large, matrixed organization.


• Define quantitative requirements (assumptions, calibration approach, outputs, controls) and partner withQuantitative Researchand Technology to ensure robust models and effective implementation.


• Enhance deskrisk transparency and decision-making(sensitivities, scenarios/stress testing, P&L driver analysis, hedging analytics) and help manage exposures.


• Partner with Sales/Trading ontrade support toolsand client-facing analytics (trade ideas, response tooling, transaction support).


• Mentor and manage junior strats, setting standards for execution, documentation, and research-to-production practices.

Required Qualifications

• Significantfront-office strats/desk quantexperience, with demonstrated involvement inrisk management and trading(or direct support of risk-taking) in live markets.


• Advanced degree (Master’s/PhD preferred) in a quantitative field (Math/Stats/Physics/Engineering/CS/FE) or equivalent experience.


• Strong foundation inderivatives pricing and risk, including calibration and numerical methods; strong practical judgment for trading use-cases.


• Strong programming skills and ability to partner effectively with engineers (Python required; additional FO language a plus).


• Strong understanding ofmacro credit and credit derivatives, including familiarity with CDS index products; experience with tranches and/or credit options preferred.


• Excellent communication and stakeholder management across Trading, Sales, Technology, and Quantitative Research; thrives in a fast-paced environment.