Quantitative Researcher (Systematic Macro Trading Strategies)

| New York, NY, USA
Employer Provided Salary: 175,000-200,000 Annually
Salary data is provided by the employer. Please note this is not a guarantee of compensation.
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Schonfeld Strategic Advisors LLC has an opening for a Quantitative Researcher (Systematic Macro Trading Strategies) in New York, NY & Miami, FL. 

 The position duties are as follows: Responsible for developing, analyzing, and implementing key statistical trading strategies to power Schonfeld’s proprietary investment portfolios. Day-to-day job duties include: 

  • Study large, multivariate data sets to uncover statistical patterns and relationships by applying time-series, signal processing, and machine learning techniques;  
  • Research data-processing, alpha development, price prediction, portfolio construction, and execution components for systematic trading strategies; 
  • Apply advanced mathematical modeling techniques to verify and adapt trading strategies to correspond to evolving real world conditions;  
  • Keep abreast of the state of the art statistical research, adapting new techniques and statistical methods to financial datasets, and implementing research models in production;  
  • Build trading simulation systems and execution algorithms that utilize specialized knowledge of financial markets, exchanges, and products; and 
  • Use probability theory and market experience to develop transformation functions that can be effectively used as signals in trading strategies. 

The position requires a Master’s Degree in Computer Science, Mathematics, Computer Engineering, Computational Finance, Information Systems or a closely-related quantitative field or foreign equivalent and at least 5 years of experience as a Quantitative Analyst, Quantitative Researcher, or Quantitative Trader or in an equivalent role. Experience must include:  

  • 5 years of experience developing, analyzing, and implementing statistical trading strategies  
  • 5 years of experience working with large multivariate data sets to uncover patterns and relationships by applying time-series, statistical inference, and machine learning techniques 
  • 5 years of experience utilizing probability theory, feature engineering, and market experience to create transformation functions that can be effectively used as signals in portfolio construction or execution strategies 
  • 4 years of experience building trading simulation systems and writing software required for connecting to exchanges for routing orders and parsing market data 
  • 3 years of experience developing and managing interactions with external applications using low-level C++ and clean coding design principles 
  • 3 years of experience participating in design and code reviews, designing and writing automated unit and functional tests, and solving production problems in a team-oriented environment 

Part-time telecommuting permitted. Basepay for role expected between $175,000 - $200,000/year. Expected base pay range based on info at time post was generated. Role may be eligible for other forms of comp such as performance bonus & competitive benefits package. Actual compensation for successful candidate TBD based on a variety of factors such as skills, qualifications, & experience.  

Resumes to Dylan Katz at [email protected] 

Schonfeld Strategic Advisors LLC is an Equal Opportunity Employer. 

 

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Location

Park Ave, New York, NY 10022

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