Bracebridge is currently seeking a financial markets professional with security and derivative pricing expertise in the global securitized markets, including subprime RMBS, agency and non-agency CMBS, structured bonds and other fixed and floating ABS. The Junior Valuation Analyst will work closely with the Valuation Manager as well as the firm’s traders and analysts throughout the valuation process.

Responsibilities:

• Evaluate the market prices used in securitized benchmark indices and other fixed income products and services on a daily, weekly and monthly basis. Analyze internally sourced pricing as well as externally sourced pricing for accuracy
• Research and resolve pricing discrepancies through modeling and analysis and working with third party vendors
• Work with Valuation Manager and other analysts to enhance pricing models. Conduct tolerance testing of results
• Assist with the preparation of documentation for month-end reporting and regulatory audits

Requirements:

• Bachelors degree in finance, mathematics or a related field with top academic credentials 
• Up to 2 years of “hands on” experience in a fixed income security valuation role
• Knowledge of fixed income securities such as corporate bonds, RMBS, CMBS and ABS as well as of single name derivatives and indices
• General understanding of traditional mortgage financing, yield curves and spread movements
• Experience working with third party vendors such as Bloomberg, Markit, ICE, Intex and Pricing Direct
• Excellent Excel skills
• VBA, SQL and Python preferred
• Ability to manage multiple tasks, prioritize effectively, meet deadlines and deliver high quality, error-free work in a fast-paced environment
• Strong oral and written communication skills are essential
• CFA, or in pursuit of a CFA, a plus

Current anticipated annual base salary range: $75,000 - $85,000

Base salary within the range will be determined by various factors including but not limited to the individual's experience, skills and qualifications.

Bracebridge Capital seeks an experienced Principal Software Engineer with strong full-stack expertise and proven track record, overseeing design and development of complex data-driven systems. This is a senior, production-focused engineer/manager role requiring deep familiarity with backend systems, C#.NET APIs, frontend frameworks and complex system architecture and design.
Candidates without direct, professional experience managing, developing and maintaining fixed-income analytics in production environments will not be considered.

The Principal Software Engineer will report to the Head of R&D and Infrastructure and will own all aspects of the firm’s applications development process, collaborating with quantitative researchers, portfolio managers/analysts across multiple desks.

Primary Responsibilities:

• Stakeholder Engagement
  • Serve as the primary engineering contact for trading desks and internal teams
  • Translate business requirements into clear, actionable engineering work
  • Drive alignment on scope, priorities, and timelines
• Delivery Ownership
  • Own end-to-end delivery across enhancements, support requests, and tactical solutions
  • Define scope, and coordinate execution across multiple projects
  • Ensure predictable, high-quality delivery with clear accountability
• Technical Leadership
  • Drive architecture and design decisions for scalable, maintainable platforms
  • Contribute across the full stack (frontend, backend, APIs) when needed
  • Ensure systems are built with strong attention to performance, reliability, and extensibility
• Data & Platform Expertise
  • Design and work with complex data models and relational databases
  • Identify and resolve data inconsistencies, gaps, and quality issues
  • Understand how data flows across systems and ensure integrity across the platform
  • Contribute to building and evolving custom internal platforms and tools
• Process & Execution Excellence
  • Establish and enforce structured workflows, prioritization, and sprint discipline
  • Bring clarity and organization to incoming work across multiple stakeholders
  • Continuously improve team efficiency, visibility, and delivery predictability
• Production & Support Oversight
  • Lead triage and prioritization of production issues
  • Ensure timely resolution, root cause analysis, and implementation of long-term fixes
• Cross-Team Coordination
  • Partner with engineering, data, and platform teams to manage dependencies
  • Proactively identify risks and ensure alignment across workstreams

Qualifications:

• 10+ years of software engineering experience with strong full-stack expertise
• Proven experience building, contributing and managing custom platforms
• Strong proficiency in backend systems, APIs (preferable C#. NET)
• Familiarity with modern frontend frameworks and tooling (react, node, typescript)
• Strong system design and architecture skills in complex, data-driven environments
• Deep understanding of relational databases, data modeling, and data integrity challenges
• Ability to analyze and resolve data inconsistencies and system-level issues.
• Experience working closely with business stakeholders, ideally in trading or financial domains.
• Demonstrated ability to own and drive delivery across multiple concurrent workstreams.
• Excellent communication and problem-solving skills.

Current anticipated annual base salary range: $175,000 - $195,000

Base salary within the range will be determined by various factors including but not limited to the individual's experience, skills and qualifications

Bracebridge Capital seeks a Junior Support Engineer with strong analytical and problem-solving skills, for our Application Development group.

The Junior Support Engineer will report to the Application Development Manager and will become the expert on all aspects of our fixed income trading and research application suite.

Primary Responsibilities:

• Support & Triage
  • Monitor and manage incoming support requests across systems
  • Triage issues based on priority, impact, and business needs
  • Document issues, analysis, and resolution steps
• Data Analysis & Querying (PostgreSQL)
  • Write complex SQL queries to investigate and resolve issues
  • Analyze datasets to identify inconsistencies, anomalies, and gaps
  • Perform data validation, correction, and reconciliation across systems
• Application Support & Debugging (C#)
  • Read and understand C# code to troubleshoot application issues
  • Assist in debugging backend services and data pipelines
  • Partner with engineers to identify root causes and implement fixes
• Technical Contribution
  • Gradually contribute to bug fixes and small enhancements in C#
  • Participate in code reviews and learn engineering best practices
  • Build familiarity with system capabilities and data flows
  • Take ownership of smaller technical tasks over time
• Collaboration
  • Work closely with engineering and business teams
  • Communicate findings and status updates effectively
  • Develop strong understanding of application tools and workflows
• Process & Continuous Improvement
  • Identify patterns and propose improvements to reduce support volume
  • Contribute to improving data quality and system reliability

Qualifications:

• B.A. or B.S. in Computer Science, Electrical Engineering, or similar discipline
• 0–3 years of experience in a support, data, or junior engineering role
• Strong SQL skills (PostgreSQL preferred) - ability to write complex queries and debug data issues
• Working knowledge of C# and object-oriented programming concepts
• Understanding of relational databases and data modeling
• Strong analytical and problem-solving abilities
• Ability to work with large datasets and identify inconsistencies
• Good communication skills and willingness to collaborate
• Strong interest in growing into a software engineering role
• Experience with support/ticketing tools (Asana, Jira, etc.) and familiarity with debugging tools, logs, or APIs, a plus
• Exposure to distributed systems or backend services, preferred

Current anticipated annual base salary range: $80,000 - $100,000

Base salary within the range will be determined by various factors including but not limited to the individual's experience, skills and qualifications

Bracebridge Capital seeks a Senior Quantitative Researcher – Risk System Lead with substantial hands-on experience building fixed-income pricing and risk systems in C++.
This is a senior, production-focused quant role requiring deep familiarity with rates, credit, correlation, and ABS modeling, as well as risk system architecture. Candidates without direct, professional experience managing, developing and maintaining fixed-income analytics in production environments will not be considered.

The Risk System Lead will report to the Director of Research and will own all aspects of the firm’s daily risk process, collaborating with Portfolio Managers and Researchers across strategies.

Primary Responsibilities:

• Lead and manage the development/enhancement of the in-house fixed income pricing platform used for portfolio and risk management
• Develop a comprehensive understanding of and own the daily scenario-based Risk System production process, including model development, data pipelines, database structure, C++ analytics, and report generation
• Identify and explain sources of large daily sensitivity and scenario PL changes and discrepancies
• Build accountability-based business process to monitor daily Risk System runs, utilizing Researchers and Quantitative Developers
• Pinpoint issues with data and/or analytics and direct junior members of the group to resolve them
• Implement and manage the changes and enhancements to the models, scenario definitions and other parts of the risk system to incorporate new state variables and risk factors
• Collaborate with Portfolio Managers on pricing and scenario analysis for rates, credit, and ABS positions

Qualifications:

• MS or more advanced degree in Computational Finance/Financial Mathematics/Financial Engineering
• Minimum 5 years of professional experience implementing fixed-income pricing models for products in rates, credit, correlation and ABS space
• Substantial experience with C++ programming, including responsibility for production and maintenance of fixed-income analytics libraries
• Proven track record in risk system architecture and scenario-based portfolio analytics
• Familiarity with complex fixed-income instruments and valuation approaches, including loan portfolio pricing models, strongly preferred 
• Solid understanding of risk management concepts, including sensitivity analysis, stress testing, and P&L attribution
• Demonstrated ability to communicate effectively with portfolio managers, traders, and quantitative teams
• Proven ability to work independently and deliver results in a fast-paced, collaborative research environment

Current anticipated annual base salary range: $200,000 - $300,000

Base salary within the range will be determined by various factors including but not limited to the individual's experience, skills and qualifications.