Quantitative Researcher,
Index rebalancing

Location: New York, NY
About the Role
Our client is a systematic hedge fund looking to hire a quantitative researcher to focus on index rebalancing strategies. You’ll work on research, implementation, and strategy development.
Responsibilities
  • Use quantitative research techniques to research, design, test, and deploy systematic trading strategies around scheduled and unscheduled index rebalancing events;
  • Stay abreast of rebalancing methodologies and build processes to track factors affecting index constituent eligibility;
  • Build predictive models to forecast changes in index components across different indices and identify alpha generating opportunities around prospective additions or removals;
  • 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 index rebalancing strategies;
    • 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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