Hudson River Trading (HRT) is seeking an Execution Quality Specialist to join our Client Market Making team in New York City. This is a unique opportunity for a quantitative, technically-minded professional to drive analytical initiatives focused on execution quality, market structure, and platform performance in US Equities markets.

In this role, you will work closely with HRT’s Trading, Engineering, Compliance, and Legal teams to analyze execution outcomes, support strategic initiatives, and enhance the firm’s Wholesale platform through data-driven decision-making.

Responsibilities

Oversee the Best Execution (Best Ex) program: Conduct detailed analysis of execution quality metrics and manage associated order handling and routing practices for HRT’s US Equities Wholesale business
Lead the quarterly Best Execution review cycle end-to-end:

Prepare committee materials
Identify statistical outliers across execution quality metrics
Conduct deep-dive investigations into root causes
Drive remediation of findings

Conduct quantitative analysis of client trading activity, execution outcomes, and venue performance to support platform development initiatives
Support regulatory and analytical reporting workflows, including Rule 605 and 606 reporting and data reconciliation processes
Develop scalable analytical tooling and reporting infrastructure using Python, SQL, and large-scale query systems

Qualifications

5+ years of experience in a quantitative or market structure-related role within financial services, or experience working with broker-dealers or retail routing firms
Experience supporting Best Execution, execution analytics, market structure, or trading-related initiatives within US Equities markets
FINRA Series 7, 57, SIE, or willingness to obtain through HRT
Proficient with Python, Unix, and using AI tools to build software, develop analyses, and automate workflows
Excellent cross-functional written and verbal communication skills and strong interpersonal abilities
Strong work ethic and a desire to see complex projects through from concept to completion
Meticulous attention to detail
Keen interest in technology and trading is mandatory

The estimated base salary range for this position is 150,000 - 200,000 USD per year (or local equivalent). The base pay offered may vary depending on multiple individualized factors, including location, job-related knowledge, skills, and experience. This role will also be eligible for discretionary performance-based bonuses and a competitive benefits package.

Culture

Hudson River Trading (HRT) brings a scientific approach to trading financial products. We have built one of the world's most sophisticated computing environments for research and development. Our researchers are at the forefront of innovation in the world of algorithmic trading.

At HRT we welcome a variety of expertise: mathematics and computer science, physics and engineering, media and tech. We’re a community of self-starters who are motivated by the excitement of being at the cutting edge of automation in every part of our organization—from trading, to business operations, to recruiting and beyond. We value openness and transparency, and celebrate great ideas from HRT veterans and new hires alike. At HRT we’re friends and colleagues – whether we are sharing a meal, playing the latest board game, or writing elegant code. We embrace a culture of togetherness that extends far beyond the walls of our office.

Feel like you belong at HRT? Our goal is to find the best people and bring them together to do great work in a place where everyone is valued. HRT is proud of our diverse staff; we have offices all over the globe and benefit from our varied and unique perspectives. HRT is an equal opportunity employer; so whoever you are we’d love to get to know you.

Execution Quality Specialist, Client Market Making

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Job details

Hudson River Trading