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Transaction Cost Analysis Jobs (NOW HIRING)

Senior Trader

New York, NY · On-site

$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

Minimum of three to five years of trading, transaction cost analysis or related experience. * Thorough understanding of quantitative financial and statistical concepts. * Experience with Python, KDB ...

Senior Trader

Manhattan, 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 ...

... 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 ...

... 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 ...

Cost Accountant

Waggaman, LA · On-site

$60K - $80K/yr

Maintain organized records of financial transactions, contracts, and vendor files. COST ANALYSIS RESPONSIBILITIES: * Analyze manufacturing costs by tracking material, labor, and overhead expenses ...

Cost Accountant

Waggaman, LA · On-site

$60K - $80K/yr

Maintain organized records of financial transactions, contracts, and vendor files. COST ANALYSIS RESPONSIBILITIES: * Analyze manufacturing costs by tracking material, labor, and overhead expenses ...

Cost Accountant

Waggaman, LA · On-site

$60K - $80K/yr

Maintain organized records of financial transactions, contracts, and vendor files. COST ANALYSIS RESPONSIBILITIES: * Analyze manufacturing costs by tracking material, labor, and overhead expenses ...

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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 Jun 5, 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.

What are some common challenges faced in a Transaction Cost Analysis (TCA) 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.

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 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.

More about Transaction Cost Analysis jobs
What cities are hiring for Transaction Cost Analysis jobs? Cities with the most Transaction Cost Analysis job openings:
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 May 2026, with employment types broken down into 83% Full Time, and 17% Part Time. Highlights an 88% Physical, 3% Hybrid, and 9% Remote job distribution, with an average salary of $76,977 per year, or $37 per hour.
Senior Trader

$175K - $215K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 16 days ago


Job description

Position Overview
Neuberger is seeking an experienced Senior Trader to join its Trading team in New York, with dedicated coverage of European equity markets. Reporting directly to the Global Head of Trading, this individual will be responsible for executing equity trades across European markets with a focus on best execution, transaction cost management, and strong broker relationships. The Senior Trader will serve as a key partner to portfolio managers and will play an active role in shaping trading strategies for the European equity coverage universe. This role operates on European market hours from our New York office.
Key Responsibilities
Trade Execution & Coverage
  • Execute equity orders across European developed markets, ensuring best execution on behalf of portfolios
  • Manage complex orders including large, illiquid, and time-sensitive positions with sound judgment and precision
  • Monitor intraday market conditions, news flow, and liquidity dynamics to inform execution strategy
  • Oversee the full trade lifecycle, from order receipt through settlement, in coordination with operations

Broker & Market Participant Relations
  • Maintain and develop relationships with sell-side brokers, electronic trading venues, and market makers across European markets
  • Evaluate broker performance and contribute to broker review and commission management processes
  • Stay current on European market microstructure, venue landscape, and evolving best execution frameworks (including MiFID II/MiFIR requirements)

Portfolio Manager Partnership
  • Collaborate closely with portfolio managers to understand portfolio objectives and translate investment decisions into effective execution strategies
  • Provide real-time color on market conditions, liquidity, and trading dynamics relevant to European equity portfolios
  • Support portfolio rebalancing, index events, and corporate action-related trading activity

Risk, Compliance & Analytics
  • Execute all trading activity in adherence to internal risk parameters, compliance policies, and applicable regulatory requirements
  • 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 Improvement
  • Utilize and optimize Order Management System (OMS) and execution management tools (e.g., Charles River, FlexTrade)
  • Contribute to the development of trading workflows, tools, and infrastructure enhancements
  • Support the evaluation and onboarding of new trading technologies and platforms

Qualifications
Required
  • Minimum 10 years of buy-side or sell-side equity trading experience, with direct exposure to European equity markets
  • Strong understanding of European market microstructure, trading venues, and regulatory environment (MiFID II/MiFIR)
  • Proficiency with OMS/EMS platforms and electronic trading tools
  • Bachelor's degree in Finance, Economics, Mathematics, or a related quantitative discipline
  • Active FINRA Series 7 and Series 63 licenses
  • Ability and willingness to work European market hours from the New York office

Preferred
  • CFA charterholder or active candidacy
  • Prior experience in a New York-based role with European market hours coverage
  • Familiarity with transaction cost analysis (TCA) tools and methodologies
  • Programming skills (Python, SQL, or VBA) a plus

Competencies
  • Strong analytical mindset with the ability to make sound, time-pressured decisions
  • Excellent interpersonal and communication skills; able to engage effectively with portfolio managers, brokers, and internal stakeholders
  • High attention to detail and rigorous approach to risk management
  • Collaborative team player with a proactive, solutions-oriented attitude
  • Demonstrated integrity and accountability in a fast-paced, high-stakes environment

#LI-GC1 #LI-Hybrid
Applicants must be authorized and have the right to work in the country where the role is located without the need for current or future sponsorship.
Compensation Details
The salary range for this role is $175,000-$215,000. This is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting. We may ultimately pay more or less than the posted range, and the range may be modified in the future. This range is only applicable for jobs to be performed in the job posting location. An employee's pay position within the salary range will be based on several factors including, but limited to, relevant education, qualifications, certifications, experience, skills, seniority, geographic location, business sector, performance, shift, travel requirements, sales or revenue-based metrics, market benchmarking data, any collective bargaining agreements, and business or organizational needs. This job is also eligible for a discretionary bonus, which, along with base salary and retirement contributions, is part of our total comprehensive package. We offer a comprehensive package of benefits including paid time off, medical/dental/vision insurance, retirement, life insurance and other benefits to eligible employees.
Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, production, or any other form of compensation that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company's sole discretion, consistent with the law.
Neuberger is an equal opportunity employer. The Firm and its affiliates do not discriminate in employment because of race, creed, national origin, religion, age, color, sex, marital status, sexual orientation, gender identity, disability, citizenship status or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact onlineaccommodations@nb.com.
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