Quant Trader, Brooklyn Direct Indexing

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From TIAA’s original posting

Quantitative Trading, Brooklyn Direct Indexing This role sits at the intersection of trading, quantitative research, and operations. The Trader will partner closely with portfolio managers, quantitative researchers, operations, custodians, and brokers to implement investment decisions, enhance execution quality, and ensure positions and cash reconcile accurately across systems. It is well suited to someone who enjoys both the analytical side of execution and the operational rigor of the trade lifecycle. Key Responsibilities and Duties • Execute equity orders across markets using quantitative and algorithmic trading techniques. • Monitor market conditions, liquidity, transaction costs, and execution performance to optimize trade outcomes. • Operate daily trade workflow — reconciliation, execution, allocations, and confirmations. • Investigate and resolve trade issues and execute corrections and cancels as needed; identify root causes and partner with brokers and custodians to prevent recurrence. • Analyze trading data to improve execution quality, reduce market impact, and strengthen operational controls. • Develop and maintain quantitative models, analytics, and dashboards used to…