Quantitative Researcher,
Equities

Location: New York, NY
About the Role
Our client is a systematic hedge fund looking to hire a quantitative researcher to focus on equity alpha research, specifically closing and opening auction related strategies. You’ll be responsible for idea generation, strategy development, research/analysis, back-testing, and model implementation.
Responsibilities
  • Use quantitative research techniques to research, design, test, and deploy systematic equity trading strategies, focusing on opening and closing auctions;
  • Analyze data and build predictive models to identify market inefficiencies around auction dynamics;
  • Stay abreast of auction methodologies for various exchanges;
  • Collaborate with other researchers to exchange ideas, test new models, and manage existing models;
Qualifications
  • A Bachelor’s, Master’s, or Ph.D. degree in a quantitative field such as computer science, mathematics, statistics, physics, finance, or similar STEM disciplines;
  • 5+ years in a quantitative research role focusing on closing/opening auctions, statistical arbitrage, or intraday equity strategies;
  • Extensive knowledge of market microstructure and exchange dynamics;
  • Proficiency in advanced research techniques, statistical analysis, time series analysis, and machine learning algorithms;
  • Strong programming abilities in Python, C++, Java, or other.
  • Proficiency in data analysis, data manipulation, and working with large datasets. Experience with SQL, Pandas, NumPy, or other data analysis libraries.
  • Strong analytical skills with the ability to formulate and solve complex problems, think critically, and make data-driven decisions.
  • Excellent verbal and written communication skills  and ability to effectively convey complex ideas.
  • Demonstrated ability to work collaboratively in a team-oriented environment.
  • Ability to manage multiple tasks and priorities in a fast-paced, dynamic environment.
  • Flexibility to adapt to changing market conditions and research requirements.
In accordance with New York City’s Pay Transparency Law, the base salary range for this role is $150,000 to $250,000. Base salary does not include other forms of compensation or benefits such as a discretionary bonus, health, dental, and other wellness plans and 401(k) contributions. Discretionary bonuses can be a significant portion of total compensation. Actual compensation for successful candidates will be carefully determined based on a number of factors, including their skills, qualifications and experience.

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