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Transaction Cost Analysis Jobs (NOW HIRING)

Senior Trader

New York, NY · Hybrid

$175K - $215K/yr

Conduct and review Transaction Cost Analysis (TCA) to monitor and continuously improve execution quality * Identify and escalate risk issues appropriately to the Head of Trading Technology & Process ...

Senior Cost Analyst

Olathe, KS · On-site

$80K - $102K/yr

Generate reports and analysis, highlighting financial impacts of cost transactions on gross margin * Support key business initiatives through preparation of manufacturing cost analysis reports

... transactions Management System Operation and Processing Carrier Mgmt, Cost Mgmt, Service Mgmt, ... Qualifications Associate's Degree or higher 3 ~ 5 Years of mobility/telecom cost analysis and ...

Cost Analyst

Houston, TX · On-site

$35 - $50/hr

... transactions. * Support contract and work authorization documentation while ensuring project ... Ideally 5-10 years of experience in project controls, cost analysis, financial analysis, or a ...

Cost Analyst

Teaneck, NJ · On-site

$50K - $100K/yr

Job Summary The LMD/Installation Cost Analysis focuses on finance and billing operations ... AR transactions within the GSI system * - Coordinate closely with service providers to obtain ...

... and transactions • Management System Operation and Processing • Carrier Mgmt, Cost Mgmt, ... Qualifications • Associate's Degree or higher • 3 ~ 5 Years of mobility/telecom cost analysis ...

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Transaction Cost Analysis information

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$17.5K

$77K

$131K

How much do transaction cost analysis jobs pay per year?

As of Aug 11, 2026, the average yearly pay for transaction cost analysis in the United States is $76,977.00, according to ZipRecruiter salary data. Most workers in this role earn between $48,000.00 and $96,000.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a transaction cost analyst, and why are they important?

To thrive as a Transaction Cost Analyst, you need strong quantitative analysis skills, a solid understanding of financial markets, and a relevant degree such as finance, economics, or mathematics. Familiarity with advanced Excel functions, Bloomberg, and specialized TCA platforms, as well as knowledge of relevant regulatory frameworks, is typically required. Attention to detail, critical thinking, and effective communication are essential soft skills for interpreting data and presenting findings to stakeholders. These skills ensure accurate cost assessments, support informed trading decisions, and help firms optimize execution strategies in competitive markets.

How to become a transaction cost analyst?

To become a transaction cost analyst, typically a bachelor's degree in finance, economics, or a related field is required. Gaining experience with financial markets, trading platforms, and analytical tools like Excel or specialized software is important, and professional certifications such as CFA can enhance prospects. Strong analytical skills and understanding of trading costs and market microstructure are essential for this role.

What is the difference between Transaction Cost Analysis vs Trade Analyst?

AspectTransaction Cost AnalysisTrade Analyst
CredentialsTypically requires finance or economics degrees, certifications like CFASimilar credentials, often with finance or trading backgrounds
Work EnvironmentFinancial institutions, trading firms, asset managersTrading desks, investment firms, asset management companies
Primary FocusMeasuring and reducing trading costs, optimizing executionAnalyzing trade data, supporting trading strategies

Transaction Cost Analysis and Trade Analyst roles overlap in finance, focusing on trade efficiency and cost reduction. While Transaction Cost Analysts specialize in evaluating trading expenses, Trade Analysts often support trade execution and strategy. Both roles require strong analytical skills and finance credentials, working within similar environments to improve trading performance.

What is transaction cost analysis?

Transaction Cost Analysis (TCA) is a process used by financial professionals to evaluate the costs associated with trading securities, such as stocks or bonds. It helps firms understand the explicit and implicit costs incurred during trading, including commissions, fees, market impact, and slippage. By analyzing these costs, firms aim to improve trading strategies, enhance execution quality, and reduce unnecessary expenses. TCA is essential for ensuring best execution and regulatory compliance in financial markets.

What are some common challenges faced in a transaction cost analysis role, and how can these be addressed?

Professionals in Transaction Cost Analysis often encounter challenges such as handling large volumes of complex trade data, ensuring data accuracy, and adapting to evolving regulatory requirements. Overcoming these challenges involves staying updated with industry best practices, utilizing advanced analytics tools, and collaborating closely with trading desks, compliance teams, and IT departments. Strong communication skills and attention to detail are essential for identifying cost drivers and optimizing trading strategies. Proactively seeking feedback and continuous learning can also help address these challenges effectively.
More about Transaction Cost Analysis jobs
What states have the most Transaction Cost Analysis jobs? States with the most job openings for Transaction Cost Analysis jobs include:
What job categories do people searching Transaction Cost Analysis jobs look for? The top searched job categories for Transaction Cost Analysis jobs are:
Infographic showing various Transaction Cost Analysis job openings in the United States as of August 2026, with employment types broken down into 1% Internship, 83% Full Time, 12% Part Time, and 4% Contract. Highlights an 82% Physical, 5% Hybrid, and 13% Remote job distribution, with an average salary of $76,977 per year, or $37 per hour.

Senior kdb+ Developer - BestX , Vice President

State Street Global Advisors

Clifton, NJ • On-site

$125K - $226K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 7 days ago


Job description

Senior kdb+ Developer - BestX

We are seeking an experienced Senior kdb+ Developer to join the BestX engineering team. In this role, you will design, build, and optimise highperformance data platforms using kdb+, supporting BestX's multiasset analytics capabilities.

The ideal candidate brings deep expertise in kdb+ tick architectures, largescale performance tuning, and works closely with quantitative and engineering teams to deliver robust, efficient, and maintainable solutions.

Key Responsibilities
  • Design and develop key components of BestX's multiasset analytics platform.
  • Architect, build, and maintain kdb+ tick systems, with strong consideration for data organisation, schema design, and architectural tradeoffs.
  • Develop and operate systems that process largescale, highfrequency datasets, ensuring low latency, high throughput, and efficient memory utilisation.
  • Analyse and optimise q queries, data models, and ingestion pipelines for both realtime and historical workloads.
  • Apply modern Agile development practices across cloudbased, serverside, and databasedriven systems.
  • Build a strong understanding of Transaction Cost Analysis (TCA) and key regulatory benchmarks required for MiFID and MiFIR.
  • Take full ownership of deliverables, driving work through from design to production.
  • Establish and promote best practices, clean code standards, and sound design patterns.
  • Act as a change agent, continuously improving engineering standards and ways of working.
  • Champion TestDriven Development and "shiftleft" practices to support effective CI/CD pipelines.
Core (MustHave) Skills and Experience
  • 5+ years of handson kdb+ development experience.
  • Strong expertise in kdb+/q and Python.
  • Proficiency with modern data science toolchains, including Jupyter, pandas, NumPy, scikitlearn, with applied machinelearning experience.
  • Solid understanding of parallel computing frameworks such as Slurm or equivalent technologies.
  • Strong background in quantitative analysis, including mathematical modelling, statistics, regression, and probability theory.
  • Bachelor's or Master's degree in Computer Science, Mathematics, Statistics, or a related STEM discipline from a topranked university.
  • Handson experience with AWS and/or other modern cloudbased infrastructure.
NicetoHave Skills
  • Domain knowledge in FX, Fixed Income, Equities, or Equity Derivatives.
  • Additional expertise with kdb+ in complex, productionscale environments.
  • Exposure to modern JavaScript build toolchains, including Node.js, npm, Rush, Yarn, Webpack, Babel, and Cypress.
About State Street & BestX

State Street is a global financial services leader, combining scale, resilience, and advanced technology to support institutional investors worldwide. Through investment servicing, trading, data, and analytics, we build missioncritical platforms that operate at the heart of global financial markets.

BestX, part of State Street's Global Markets and GlobalLink ecosystem, is the industrystandard, multiasset Transaction Cost Analysis (TCA) platform. Built as a highperformance analytics platform, BestX processes over one billion market data updates per day, delivering independent, venueagnostic insights across FX, fixed income, and equities.

BestX has been recognised globally for its technology and impact, including:

  • World's Best Provider of TCA Solutions - Euromoney Markets Awards 2025
  • Best Transaction Cost Analysis Solution - WatersTechnology Asia Awards 2025
  • World's Best New FX Product/Platform for BestXecutor - Euromoney 2025

BestX and BestXecutor embed advanced analytics directly into trading workflows, spanning pretrade decisioning through posttrade validation, helping clients improve execution quality and meet evolving regulatory requirements at scale.

At State Street, you'll work on complex, highperformance systems alongside leading engineers, quants, and product teams-shaping the future of execution analytics and global market infrastructure in an inclusive, supportive environment

Salary Range:

$125,000 - $226,250 Annual

The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.

Employees are eligible to participate in State Street's comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.

For a full overview, visit https://hrportal.ehr.com/statestreet/Home.

About State Street

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you'll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

Discover more information on jobs at StateStreet.com/careers

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