Vacancies
Quantitative Analyst
Date Posted :
May 7, 2026
About MIFX
PT Monex Investindo Futures (MIFX) has been trusted by thousands of Indonesian traders for over 25 years. As a trading platform regulated by BAPPEBTI and OJK, we are committed to a secure and transparent trading ecosystem.
At MIFX, we combine agility of a digitally driven team and innovation while maintaining the stability of a strong, established corporation. This balance empowers our team to grow, adapt, and shape the future of trading in Indonesia.
Responsibilities
Below is an overview of the main responsibilities you’ll take on in this role.
Develop and maintain quantitative models for transaction cost analysis (TCA), market impact, slippage, and venue/algorithm performance.
Conduct rigorous statistical analysis on tick, order, and execution data to identify sources of cost, latency, and information leakage.
Build and maintain simulation and backtesting frameworks to evaluate execution algorithms, smart order routing logic, and venue selection under varied market conditions.
Partner with traders, execution engineers, and brokers to translate research into improvements in live trading and order routing systems.
Produce regular best execution reporting for internal stakeholders and investigate outliers or deteriorations in execution quality.
Research advances in execution science — optimal trading, market impact modelling, and machine learning applied to microstructure — and assess their practical application.
Document research findings clearly and present results to both technical and non-technical stakeholders.
Maintain rigorous standards of model validation, code quality, and documentation across all execution analytics work.
Qualifications
The following are the key qualifications and attributes we believe are essential for success in this position.
Master's or PhD in a quantitative discipline such as Mathematics, Statistics, Physics, Computer Science, Financial Engineering, or Econometrics.
3+ years of relevant work experience in a quantitative role covering FX or commodities (or both), ideally with exposure to execution, TCA, market microstructure, or algorithmic trading.
Strong proficiency in Python; familiarity with libraries such as NumPy, pandas, scikit-learn, and statsmodels.
Solid grounding in probability theory, statistics, linear algebra, and stochastic calculus.
Experience working with large datasets and writing clean, performant, well-tested code.
Demonstrated ability to translate research into production systems.
Excellent written and verbal communication skills.
Information
Division :
Corporate Strategy
Job Type :
Full-time
Placement :
Jakarta