Maintain expert knowledge of market structure, electronic trading workflows, transaction cost analysis, best execution frameworks, and execution performance measurement. * Develop deep understanding ...
Maintain expert knowledge of market structure, electronic trading workflows, transaction cost analysis, best execution frameworks, and execution performance measurement. * Develop deep understanding ...
Senior Cost Accountant / Cost Accounting Manager
Tipton, PA ยท On-site
$67K - $84K/yr
Analyze manufacturing costs, including raw materials, labor, overhead, scrap, & landed costs ... Monitor inventory transactions, adjustments, shrinkage, scrap, & obsolescence * Partner with ...
Senior Cost Accountant / Cost Accounting Manager
Tipton, PA ยท On-site
$67K - $84K/yr
Analyze manufacturing costs, including raw materials, labor, overhead, scrap, & landed costs ... Monitor inventory transactions, adjustments, shrinkage, scrap, & obsolescence * Partner with ...
Maintain expert knowledge of market structure, electronic trading workflows, transaction cost analysis, best execution frameworks, and execution performance measurement. * Develop deep understanding ...
Maintain expert knowledge of market structure, electronic trading workflows, transaction cost analysis, best execution frameworks, and execution performance measurement. * Develop deep understanding ...
Senior Cost Accountant / Cost Accounting Manager
Tipton, PA ยท On-site
$67K - $84K/yr
Analyze manufacturing costs, including raw materials, labor, overhead, scrap, & landed costs ... Monitor inventory transactions, adjustments, shrinkage, scrap, & obsolescence * Partner with ...
Senior Cost Accountant / Cost Accounting Manager
Tipton, PA ยท On-site
$67K - $84K/yr
Analyze manufacturing costs, including raw materials, labor, overhead, scrap, & landed costs ... Monitor inventory transactions, adjustments, shrinkage, scrap, & obsolescence * Partner with ...
ITG Transaction Cost Analysis (TCA) * FIX * NUnit * 3rd Party .NET GUI Frameworks The individual must have: * Three plus years of experience developing applications in the financial industry * Strong ...
ITG Transaction Cost Analysis (TCA) * FIX * NUnit * 3rd Party .NET GUI Frameworks The individual must have: * Three plus years of experience developing applications in the financial industry * Strong ...
Senior Cost Accountant / Cost Accounting Manager
Altoona, PA ยท On-site
$80K - $99K/yr
Analyze manufacturing costs, including raw materials, labor, overhead, scrap, & landed costs ... Monitor inventory transactions, adjustments, shrinkage, scrap, & obsolescence * Partner with ...
Senior Cost Accountant / Cost Accounting Manager
Altoona, PA ยท On-site
$80K - $99K/yr
Analyze manufacturing costs, including raw materials, labor, overhead, scrap, & landed costs ... Monitor inventory transactions, adjustments, shrinkage, scrap, & obsolescence * Partner with ...
Maintain expert knowledge of market structure, electronic trading workflows, transaction cost analysis, best execution frameworks, and execution performance measurement. * Develop deep understanding ...
Maintain expert knowledge of market structure, electronic trading workflows, transaction cost analysis, best execution frameworks, and execution performance measurement. * Develop deep understanding ...
Senior Quantitative Researcher
Manhattan, NY ยท On-site
Portfolio construction and optimisation, risk modelling, and transaction cost analysis. * Leading and collaborating with other members of the team. Requirements: * 5+ years of experience in alpha ...
Senior Quantitative Researcher
Manhattan, NY ยท On-site
Portfolio construction and optimisation, risk modelling, and transaction cost analysis. * Leading and collaborating with other members of the team. Requirements: * 5+ years of experience in alpha ...
BestX Multi- Asset Sales/Support - Vice President
Boston, MA ยท On-site
$120 - $210/hr
Maintain expert knowledge of market structure, electronic trading workflows, transaction cost analysis, best execution frameworks, and execution performance measurement.* Develop deep understanding ...
BestX Multi- Asset Sales/Support - Vice President
Boston, MA ยท On-site
$120 - $210/hr
Maintain expert knowledge of market structure, electronic trading workflows, transaction cost analysis, best execution frameworks, and execution performance measurement.* Develop deep understanding ...
Execution Management & Trading Connectivity Manager
Charlotte, NC ยท Hybrid
$110K - $130K/yr
Experience with Best Execution governance, Transaction Cost Analysis (TCA), execution analytics, and market structure. * Strong understanding of equities, ETFs, ADRs, and fixed income trading ...
Execution Management & Trading Connectivity Manager
Charlotte, NC ยท Hybrid
$110K - $130K/yr
Experience with Best Execution governance, Transaction Cost Analysis (TCA), execution analytics, and market structure. * Strong understanding of equities, ETFs, ADRs, and fixed income trading ...
Execution Management & Trading Connectivity Manager
Charlotte, NC ยท On-site
$110K - $130K/yr
Experience with Best Execution governance, Transaction Cost Analysis (TCA), execution analytics, and market structure. * Strong understanding of equities, ETFs, ADRs, and fixed income trading ...
Execution Management & Trading Connectivity Manager
Charlotte, NC ยท On-site
$110K - $130K/yr
Experience with Best Execution governance, Transaction Cost Analysis (TCA), execution analytics, and market structure. * Strong understanding of equities, ETFs, ADRs, and fixed income trading ...
Senior Quantitative Researcher
Manhattan, NY ยท On-site
Portfolio construction and optimisation, risk modelling, and transaction cost analysis. * Leading and collaborating with other members of the team. Requirements: * 5+ years of experience in alpha ...
Senior Quantitative Researcher
Manhattan, NY ยท On-site
Portfolio construction and optimisation, risk modelling, and transaction cost analysis. * Leading and collaborating with other members of the team. Requirements: * 5+ years of experience in alpha ...
Securities Trader, Senior Securities Trader or Senior Securities Trader, International
$160K - $180K/yr
Collaborate with the STRS Ohio Transaction Cost Analysis (TCA) vendor to analyze trading activity, allocate equity order flow to meet commission and Commission Sharing Arrangement (CSA) objectives ...
Securities Trader, Senior Securities Trader or Senior Securities Trader, International
$160K - $180K/yr
Collaborate with the STRS Ohio Transaction Cost Analysis (TCA) vendor to analyze trading activity, allocate equity order flow to meet commission and Commission Sharing Arrangement (CSA) objectives ...
Cost Control Specialist (NVD)
San Jose, CA ยท On-site
$25 - $30/hr
Foxconn is seeking a highly analytical and detail-oriented Cost Control Specialist to support ... Review production data, inventory transactions, and operational metrics to ensure financial ...
Quick apply
Cost Control Specialist (NVD)
San Jose, CA ยท On-site
$25 - $30/hr
Foxconn is seeking a highly analytical and detail-oriented Cost Control Specialist to support ... Review production data, inventory transactions, and operational metrics to ensure financial ...
KDB Developer
Manhattan, NY ยท On-site
The ideal candidate will work closely with business stakeholders and global IT teams to develop scalable solutions for Equities Tick Data and Transaction Cost Analysis (TCA) platforms.
KDB Developer
Manhattan, NY ยท On-site
The ideal candidate will work closely with business stakeholders and global IT teams to develop scalable solutions for Equities Tick Data and Transaction Cost Analysis (TCA) platforms.
Senior Analyst - Revenue & Cost Integration
Irvine, CA ยท On-site
$58K - $63K/yr
Responsibilities * Transaction Integrity & Leakage Prevention * Identify, track and resolve ... Support margin analysis and profitability * Partner with Accounting to ensure revenue and cost ...
Senior Analyst - Revenue & Cost Integration
Irvine, CA ยท On-site
$58K - $63K/yr
Responsibilities * Transaction Integrity & Leakage Prevention * Identify, track and resolve ... Support margin analysis and profitability * Partner with Accounting to ensure revenue and cost ...
Create pre-trade transaction cost analysis to help clients choose algorithmic orders for appropriate execution * Perform statistical analysis of algorithmic order execution for internal use and to ...
Create pre-trade transaction cost analysis to help clients choose algorithmic orders for appropriate execution * Perform statistical analysis of algorithmic order execution for internal use and to ...
Senior Analyst - Revenue & Cost Integration
Irvine, CA ยท On-site
$58K - $63K/yr
Responsibilities * Transaction Integrity & Leakage Prevention * Identify, track and resolve ... Support margin analysis and profitability * Partner with Accounting to ensure revenue and cost ...
Senior Analyst - Revenue & Cost Integration
Irvine, CA ยท On-site
$58K - $63K/yr
Responsibilities * Transaction Integrity & Leakage Prevention * Identify, track and resolve ... Support margin analysis and profitability * Partner with Accounting to ensure revenue and cost ...
Securities Trader, Senior Securities Trader or Senior Securities Trader, International
Columbus, OH ยท On-site
$160K - $180K/yr
Collaborate with the STRS Ohio Transaction Cost Analysis (TCA) vendor to analyze trading activity, allocate equity order flow to meet commission and Commission Sharing Arrangement (CSA) objectives ...
Securities Trader, Senior Securities Trader or Senior Securities Trader, International
Columbus, OH ยท On-site
$160K - $180K/yr
Collaborate with the STRS Ohio Transaction Cost Analysis (TCA) vendor to analyze trading activity, allocate equity order flow to meet commission and Commission Sharing Arrangement (CSA) objectives ...
Asset & Wealth Management, Trading & Market Strategies - Execution Quantitative Researcher, Vice ...
New York, NY ยท On-site
Enhance and support analytical databases and libraries for Transaction Cost Analysis (TCA). Perform deep-dive venue analysis to evaluate liquidity quality and routing logic. * Develop and maintain ...
Asset & Wealth Management, Trading & Market Strategies - Execution Quantitative Researcher, Vice ...
New York, NY ยท On-site
Enhance and support analytical databases and libraries for Transaction Cost Analysis (TCA). Perform deep-dive venue analysis to evaluate liquidity quality and routing logic. * Develop and maintain ...
Transaction Cost Analysis information
See salary details
$17.5K - $27.8K
2% of jobs
$27.8K - $38.1K
4% of jobs
$47.8K is the 25th percentile. Wages below this are outliers.
$38.1K - $48.5K
20% of jobs
$48.5K - $58.8K
5% of jobs
$58.8K - $69.1K
13% of jobs
The median wage is $74.8K / yr.
$69.1K - $79.4K
11% of jobs
$79.4K - $89.7K
14% of jobs
$94.3K is the 75th percentile. Wages above this are outliers.
$89.7K - $100K
15% of jobs
$100K - $110.4K
8% of jobs
$110.4K - $120.7K
5% of jobs
$120.7K - $131K
3% of jobs
$17.5K
$77K
$131K
How much do transaction cost analysis jobs pay per year?
What are the key skills and qualifications needed to thrive as a transaction cost analyst, and why are they important?
How to become a transaction cost analyst?
What is the difference between Transaction Cost Analysis vs Trade Analyst?
| Aspect | Transaction Cost Analysis | Trade Analyst |
|---|---|---|
| Credentials | Typically requires finance or economics degrees, certifications like CFA | Similar credentials, often with finance or trading backgrounds |
| Work Environment | Financial institutions, trading firms, asset managers | Trading desks, investment firms, asset management companies |
| Primary Focus | Measuring and reducing trading costs, optimizing execution | Analyzing 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?
What are some common challenges faced in a transaction cost analysis role, and how can these be addressed?

Full-time
Medical, Dental, Vision, Life, Retirement, PTO
Posted 18 days ago
Job description
Purpose of the Role
The Sales and Client Service Specialist is responsible for driving the growth and adoption of BestX's multi-asset execution analytics and decision intelligence solutions across FX, Fixed Income, Equities, and Futures markets.
The role combines deep product expertise, sales, and relationship management to help institutional clients enhance trading performance, meet best execution obligations, and optimize execution decision-making across the trade lifecycle.
Key responsibilities include:
- Acting as a subject matter expert across BestX's suite of solutions, including execution analytics, TCA, pre-trade analytics, benchmarking, liquidity intelligence, and BestXecutor.
- Developing new business opportunities with asset managers, hedge funds, banks, corporates, and other institutional market participants.
- Building and maintaining trusted relationships with existing clients, ensuring long-term partnership, revenue growth, and client satisfaction.
- Managing the sales pipeline from prospect identification through contract execution and onboarding.
- Understanding client workflows, challenges, and strategic objectives, translating these into commercially viable product opportunities.
- Acting as the voice of the client internally by gathering market feedback and collaborating with Product, Quantitative Research, Engineering, and Business teams.
- Taking ownership of complex client issues and driving successful outcomes through proactive engagement and cross-functional collaboration.
- Supporting BestX's vision of transforming execution measurement into execution decision intelligence.
Business Development & Client Engagement
- Generate new revenue opportunities across FX, Fixed Income, Equities, and Futures markets.
- Promote the adoption of BestX's analytics, pre-trade, and execution decision support products.
- Develop strategic relationships with key buy-side and sell-side stakeholders.
- Lead product demonstrations, proof-of-concepts, and commercial discussions.
- Maintain accurate sales forecasts and pipeline reporting.
- Identify opportunities for cross-sell and upsell across the BestX product suite.
Product Expertise & Market Intelligence
- Maintain expert knowledge of market structure, electronic trading workflows, transaction cost analysis, best execution frameworks, and execution performance measurement.
- Develop deep understanding of BestX products including:
- Multi-asset TCA and Execution Analytics
- BestXecutor
- Pre-Trade Analytics
- Liquidity and Venue Analysis
- Benchmarking and Market Intelligence
- Decision Support and Workflow Tools
- Monitor industry developments, competitive offerings, and regulatory changes impacting electronic trading and best execution.
Client Success & Relationship Management
- Serve as a trusted advisor to clients, helping them maximize value from BestX solutions.
- Ensure client feedback is effectively communicated to product and development teams.
- Drive high levels of client satisfaction, retention, and product adoption.
- Work closely with implementation, support, and product teams to ensure successful client outcomes.
Leadership, Risk & Governance
- Operate in compliance with all internal policies, regulatory requirements, and risk management frameworks.
- Foster a culture of accountability, ownership, transparency, and continuous improvement.
- Promote an environment that welcomes constructive challenge and open discussion.
- Collaborate effectively with global teams across Sales, Product, Engineering, Quant Research, Operations, and Client Services.
- Demonstrate and promote a strong culture of Risk Excellence and sound commercial judgment.
Skills & Experience
Essential
- Extensive knowledge of electronic trading, execution analytics, best execution, and market structure across one or more asset classes, with the ability to expand knowledge across FX, Fixed Income, Equities, and Futures.
- Minimum 5+ years' experience in electronic trading, fintech, execution analytics, market structure, or institutional sales.
- Experience selling or supporting technology solutions to institutional clients.
- Strong understanding of execution workflows, trading venues, algorithms, liquidity sourcing, and transaction cost analysis.
- Knowledge of global best execution regulations including MiFID II, ASIC, SEC, FCA, and equivalent regional frameworks.
- Exceptional client-facing communication and presentation skills.
- Strong commercial acumen with the ability to identify growth opportunities and manage complex sales cycles.
- Ability to engage and influence senior stakeholders, including Heads of Trading, Portfolio Managers, Chief Investment Officers, Chief Compliance Officers, and Trading Technology teams.
- Demonstrated ability to manage multiple initiatives simultaneously while maintaining attention to detail.
- Self-starter capable of operating independently in a fast-paced, growth-oriented environment.
- Experience with multi-asset execution analytics, pre-trade analytics, TCA, EMS/OMS platforms, or trading technology solutions.
- Experience working with quantitative analytics, data-driven products, or electronic trading workflows.
- Understanding of algorithmic execution, venue analytics, and decision support technologies.
- Bachelor's degree required; Master's degree or relevant professional qualification preferred.
- Client-focused and commercially driven.
- Trusted advisor with strong relationship-building skills.
- Highly collaborative but comfortable working independently.
- Strong ownership mentality and accountability.
- Strategic thinker who can also operate at a detailed execution level.
- Courageous in challenging the status quo and driving positive change.
- Adaptable and effective across different cultures, regions, and stakeholder groups.
- Excellent communicator, motivator, and ambassador for the BestX brand.
Salary Range:
$120,000 - $210,000 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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About State Street
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State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we're making our mark on the financial services industry. For more than two centuries, we've been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.
Industry
Finance and insurance
Company size
10,000+ Employees
Headquarters location
Boston, MA, US
Year founded
1792