Quantitative Fixed Income Researcher

Position Summary TCW Quantitative Research Team develops models , algorithms, and tools used to drive and support systematic and fundamental investment strategies. The team supports investment teams and traders across all asset classes to integrate data - driven insights and quantitative techniques into the investment process.

The Quantitative Fixed Income Researcher role is highly collaborative, working closely with senior quantitative researchers , the head of quantitative research to design, test, and implement models and investment strategies . By analyzing a diverse range of financial and economic data, the researcher leverages statistical, machine learning, and econometric techniques to enhance our investment process. The role partners closely with fixed ‑ income investment teams to support investment thesis development and enhance alpha generation, while clearly communicating research findings to a wide range of stakeholders and staying current on relevant academic literature and market developments.

Essential Duties

• Lead quantitative research on fixed ‑ income products in private and public markets.
• T hought partner to PMs and integrate research outputs into investment process
• Enhance fixed-income aspects of TCW’s multi-asset, multi-factor framework.
• Own research streams end ‑ to ‑ end (idea → back tests → production → monitoring) .
• Review, challenge, and improve model assumptions, data quality, and robustness .
• Set research priorities jointly with the head of quantitative research.
• Contribute to research standards, documentation, and best practices .
• Mentor and review work of junior quants .
• Communicate complex quantitative results clearly to PMs, traders, risk, and leadership .

Required Qualifications

• Deep experience in fixed income markets and instruments , both public and private.
• Advanced training in Mathematics, Statistics, Physics, Computer Science, Econometrics, Finance, or another highly quantitative field . MSc or equivalent .
• Minimum 5 years of work experience with fixed-income products with strong emphasis on quantitative methods .
• Experience with factor models and portfolio optimization techniques in fixed income.
• Extensive experience in coding in Python .

Professional Skills Qualifications

• Experience within a quant itative hedge fund or asset manager highly desired; equivalently, sell-side fixed-income research with published research pieces.
• E xperience in modern version ‑ controlled research environments , i.e. git and docker.
• Familiarity with agentic coding (e.g. Claude C ode or similar).
• Strong knowledge of probability and statistical techniques (e.g. time-series, cross-sectional and panel regressions, CART models, ensemble learning, dynamic factor models, Monte Carlo methods, Copula models, GARCH/stochastic volatility models)

Desired Qualifications

• Experience with private credit and securitized products would be a strong plus.
• Expertise in the application of factor investing in fixed income would be a plus.

This role requires candidates to work from a TCW office a minimum of four days a week. Flexibility for remote work is offered on one day, depending on business needs.

Estimated Compensation Base Salary: For CA based position, the base salary range is $150k to $175k. This is an anticipated range only.

Other Compensation and Benefits: In addition to base salary, employees are eligible for a discretionary bonus and a comprehensive benefits package designed to support you and your family, invest in your health and wellbeing, and help build long-term financial security. Benefits include medical, dental, and vision coverage, retirement benefits, and paid time off. These benefits reflect our commitment to supporting the health, wellbeing, and long-term financial security of our employees and their families.