MarketAxess
Product Specialist, Fixed Income Automation
MarketAxess, New York, New York, us, 10261
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.
The Role
The ideal candidate will be a product expert in trading automation and related fields (e.g. rules based or algorithmic trading, Execution Management Systems) and will be already be a vocal advocate for the power of automation to help customers achieve their own business objectives. They will be excited about the power of this technology to transform fixed income market structure. Ideally, they will have cross asset experience and be able use this knowledge to help MarketAxess accelerate the evolution of fixed income electronic trading.
How You'll Help Take Us ThereBe a subject matter expert responsible for managing product development priorities and appraising revenue opportunities across multiple automation trading protocols including Adaptive Auto-X, Auto-X RFQ, and Auto-X ResponderAttend meetings with investor clients or dealers, which would include traders, heads or trading or portfolio managers, and provide expertise on product changes and market trends. This will include evangelizing the potential for trading automation, whilst being sensitive to client hesitancy/nervousness to this type of technologyEnable our sales teams with appropriate education on product and market changesAnalyze client data (e.g. client usage data, market data), for insight on what is driving client behavior. Use this data to produce insightful sales material that will drive product usageProduce regular updates and communicate internally to champion product progressBe a key stakeholder in the agile development process and act as the voice of the client, helping to ensure client feedback is being captured and correctly prioritizedProvide guidance in client onboarding and lead client trainings tied to automation initiativesCo-ordinate the production of product collateral as features are released. This will involve working with product team, sales, marketing and legalAnalyze specific orders and present investigation findings to Best Execution committeeWhat We're Looking for
5+ years of product/trading experience in relevant marketExperience in electronic algorithmic trading; Investment bank, asset manager or electronic trading platformSelf-motivated, quick and assertiveStrong communication and customer facing skillsExcellent PowerPoint production and presentation skillsAnalytical mind and strong Excel skills to mine and present data, Alteryx and Tableau preferredAbility to manage projects and prioritize work effectivelyService and results orientatedAble to deliver results under pressureCan work in an entrepreneurial and start-up environmentWhat You Can Expect from Us
In addition to working on cutting edge technology and in our culture of innovation, collaboration, and openness, we offer:
Hybrid Environment: Our employees enjoy a mix of working in the office and from homeFree 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 daysGenerous Parental Leave: Up to 20 weeks fully paid leave401(k): Dollar-for-dollar employer match up to $17.5KEmployee Stock Purchase Plan: Employees can purchase MarketAxess common stock at a discountWellness Stipend: We provide employees with up to $1K annually towards gym memberships, home office equipment and moreOnsite Healthcare: We offer convenient access to world-class care through Mount Sinai at our Hudson Yards locationTuition Assistance and Professional Training: Benefit from on-demand learning, boot camps, and opportunities to attend conferencesCore 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 $100,000 USD to $160,000 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.
MarketAxess Privacy Notice for Candidates
CCPA Notice at Collection for California Employees and Applicants
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.
The Role
The ideal candidate will be a product expert in trading automation and related fields (e.g. rules based or algorithmic trading, Execution Management Systems) and will be already be a vocal advocate for the power of automation to help customers achieve their own business objectives. They will be excited about the power of this technology to transform fixed income market structure. Ideally, they will have cross asset experience and be able use this knowledge to help MarketAxess accelerate the evolution of fixed income electronic trading.
How You'll Help Take Us ThereBe a subject matter expert responsible for managing product development priorities and appraising revenue opportunities across multiple automation trading protocols including Adaptive Auto-X, Auto-X RFQ, and Auto-X ResponderAttend meetings with investor clients or dealers, which would include traders, heads or trading or portfolio managers, and provide expertise on product changes and market trends. This will include evangelizing the potential for trading automation, whilst being sensitive to client hesitancy/nervousness to this type of technologyEnable our sales teams with appropriate education on product and market changesAnalyze client data (e.g. client usage data, market data), for insight on what is driving client behavior. Use this data to produce insightful sales material that will drive product usageProduce regular updates and communicate internally to champion product progressBe a key stakeholder in the agile development process and act as the voice of the client, helping to ensure client feedback is being captured and correctly prioritizedProvide guidance in client onboarding and lead client trainings tied to automation initiativesCo-ordinate the production of product collateral as features are released. This will involve working with product team, sales, marketing and legalAnalyze specific orders and present investigation findings to Best Execution committeeWhat We're Looking for
5+ years of product/trading experience in relevant marketExperience in electronic algorithmic trading; Investment bank, asset manager or electronic trading platformSelf-motivated, quick and assertiveStrong communication and customer facing skillsExcellent PowerPoint production and presentation skillsAnalytical mind and strong Excel skills to mine and present data, Alteryx and Tableau preferredAbility to manage projects and prioritize work effectivelyService and results orientatedAble to deliver results under pressureCan work in an entrepreneurial and start-up environmentWhat You Can Expect from Us
In addition to working on cutting edge technology and in our culture of innovation, collaboration, and openness, we offer:
Hybrid Environment: Our employees enjoy a mix of working in the office and from homeFree 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 daysGenerous Parental Leave: Up to 20 weeks fully paid leave401(k): Dollar-for-dollar employer match up to $17.5KEmployee Stock Purchase Plan: Employees can purchase MarketAxess common stock at a discountWellness Stipend: We provide employees with up to $1K annually towards gym memberships, home office equipment and moreOnsite Healthcare: We offer convenient access to world-class care through Mount Sinai at our Hudson Yards locationTuition Assistance and Professional Training: Benefit from on-demand learning, boot camps, and opportunities to attend conferencesCore 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 $100,000 USD to $160,000 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.
MarketAxess Privacy Notice for Candidates
CCPA Notice at Collection for California Employees and Applicants