Quantitative Researcher

NumerixS Technologies (NumerixS Quant); Vancouver; Hybrid; CAD 96,000 - 160,000; Full time

Benefits offered by this job

Annual bonus

Extended healthcare

Dental and vision care

Health Spending Account

RRSP matching

Flexible hours

15 days paid vacation

Relaxed dress code

Job summary

NumerixS Quant is a data-driven firm applying academic insights to algorithmic trading. The team values curiosity, collaboration and excellence from PhD graduates entering the financial markets.

The ideal candidate has a PhD in quantitative fields and will apply mathematical modeling and statistical techniques to real-world trading challenges, with a focus on Python-based development and data analysis.

Qualifications

• PhD required in mathematics, physics or quantitative discipline.
• Strong analytical and quantitative reasoning abilities.
• Proven ability to implement ideas in code and analyze data.
• Excellent communication skills, both written and verbal.
• Experience with Python and statistical modeling.
• Comfort in a high-performance, results-driven environment.

Responsibilities

• Drive projects to completion that contribute to existing trading strategy.
• Write code to automate trading system components.
• Code in Python and work with time-series databases like kdb+.
• Analyze large, noisy data to identify investment signals.
• Develop predictive metrics to improve trading performance.
• Lead own projects while collaborating with colleagues and portfolio manager.

Skills

Python

Statistics

Mathematical modeling

Analytical thinking

Problem solving

Education

PhD in mathematics/physics/quantitative fields

Advanced degree/Masters in related field

Tools

C++

R

kdb+

Job description

NumerixS Quant is an exciting hybrid environment that blends the bestcharacteristics ofbusiness and academia. We hire the brightest minds to bring ideas from the theoretical realminto the applied world. At NumerixS Quant, you’ll work alongside a team of brilliant, creative people with diversebackgrounds from tech companies,finance, and academia. We encourage endless curiosity, meaningful collaboration and havehigh expectations for everyone onour team.

We are a data-driven company with a collegial atmosphere looking for team members who can do great work for application in the algorithmic trading industry.

Our ideal candidate is a PhD graduate with experience in an academic or post-doc research workplace looking to apply their capabilities to the real world. Our approach is to train successful candidates about our industry, markets and products, as such we are looking for people seeking their initial foray in the financial markets.

About you

You are motivated by intellectual challenges, curiosity, and solving problems. You are performance and results driven. You continuously seek to understand new and better approaches to analyze and interpret ‘dirty’ data to improve investment results. You enjoy coding. You love to see your work put into practice. For individuals currently living outside of Vancouver, we offer relocation assistance.

What You'll Do

• Drive projects to completion that will contribute to an existing trading strategy
• Write code to automate every aspect of the trading system
• Code in Python and use relational time-series databases (kdb+)
• Analyze ‘dirty’ data sets to identify possible investment signals
• Develop predictive quantities to improve existing trading strategy
• Take charge of your own projects, while collaborating with your colleagues and with the portfolio manager

What You Bring

• Mandatory: PhD and Advanced Degree/Masters in in mathematics, physics, hard sciences or related fields in quantitative disciplines.
• Highly analytical, keen attention to detail
• Innate curiosity and an exceptional critical thinker who is results-oriented
• Ability to implement your ideas in code
• Programming experience in Python
• Demonstrated expertise in statistics and mathematical modeling
• Strong communications skills (both verbal and written)
• Thrive in a performance-based environment
• Require excellence of yourself and in the work you produce

Nice to Have

• Experience participating in national or international math, physics or computer science competitions is strongly preferred
• Strong experience with C++, R and kdb+ and working in a Unix environment
• Legally entitled to work in Canada (however for exceptional candidates we can provide immigration assistance)

What We Offer

• Annual bonus eligibility based on performance
• Extended healthcare coverage*
• Dental and vision care*
• $1,000 per year Health Spending Account (for physiotherapy, massage therapy, and other eligible expenses)*
• RRSP matching up to 9% (maximum annual contribution of $13,250)*
• *After 90 day waiting period; not eligible for internships
• Compensation Range: CA$160K

collaborative teams

Building greattechnology and a great culture.

We operate in an intellectually creative yet challengingenvironment. At NumerixS Quant,you get the opportunity to immerse yourself in your end-to-end research and developmentstrategies. We believe that excellentresearch requires a quiet, thoughtful work environment combined with collaborative,engaging, on-going discussions with colleagues.

We offer a competitive employee benefits package, which includes:

• Medical & Dental
• RRSP Matching
• Flexible Hours
• 15 Days Paid Vacation
• Funded Health Spending Account
• Semi-Casual Dresscode

the interview process

Dedicated to finding our ideal candidates.

Interviewing is a crucial part of our hiring process. As we getto knowyou better, you will have the chance to get to know us better, too. Our interviewprocess is designedto play to the strengths of our ideal candidate. We will ask you technical questions that require complexthought and ask you to talk us through your process as you problem solve. We want you to be prepared and confident in each stage of the interview process so youare able toshow us your very best work. In anticipation of our recruitment process, we’ve outlinedhow toprepare and what to expect.

Step 1

Online Application & Technical Assessment

You will complete the online application and an online test designed to assess your knowledge of relevant subjects such as probability, dataanalysis, algorithms, and logic questions.

The assessment is 10 multiple choice questions of varying difficulty and you will be given40 minutes to complete it. Below are 3 examples of the types of problem questions in the test.

• A deck of 52 playing cards contains four suits of 13 cards each.If you randomly draw two cards, what is the probability that both cards are the samesuit?
• The sum of four different positive integers is 200. The largest of these four integersis N.What is the smallest possible value of N?
• How many 6-digit binary numbers are there (including those with leading zeros) where0’s do not appear consecutively?

For more sample questions, search online for "Quantinterview practice questions" or "Quant interview prep" to find a variety of resources.

interview tips

Quiet Space You will want to be in a quiet place where you can work uninterrupted for 40 minutes.

Materials Have paper and pens or anything else you might need to work out your answers.

Good Internet Connection Have a reliable internet connection while taking the online assessment.

Search Engines Are Not Helpful The questions and answers have been constructed so that the answers are not easily ‘searchable.’

Step 2

Initial Interview

Your first interview will be a conversation wherewe’ll get to know you better, and review a simple technical question. We’re interested in learning more about your academic background, interests, and anyrelevant experiences you’d like to share. You’ll have a chance to walk us through pastprojects or situations where you had to think critically, solve a problem and driveownership of projects. Don’t worry if your experience is mostly from school. We’re justexcited to hear how you approach challenges and learn more about what motivatesyou.

interview tips

Come Prepared You’ll be asked behavior-based questions – come prepared with examples from schoolprojects, work, or other experiences. Share Your Interests We’d love to hear about your interests and how they align with what we do. Be Curious We encourage you to be curious throughout the interview process. Comeprepared with any questions you have.

Step 3

Technical Problem Solving Interview

If selected after the initial review, you’ll be invited to a second-round interview with a few of our team members. Most interviews will be conducted over Zoom and will last approximately 90minutes. This will be a technical interview, focused more on your skills and knowledge than personalfit. Your interviewer will start with a few questions about your academic and professionalbackground, followed by technical questions assessing your understanding of probability,logic, algorithms, and other relevant topics. Please remember that our interviewer wants you to succeed and that talking with them and explaining your understanding of the problemas you go will give you the best possible chance of success.

interview tips

Prepare These problems are similar in form to the questions from the online assessment but significantly more difficult. We want to be sure you have adequate time so we recommend that you give yourself at least 4 days toreview the subjects at hand.

Show Your Work As you work through the questions, we would like you to "show your work" by talkingthrough your thought process step by step with your interviewer. As you talk through your thought process, we will be able to giveyou feedback on whether you're headed in the right direction.

Step 4

In-Person Interview to Meet the Team

Prior to your in-person interview, you will be given a take-home data analysis project. You will receive a real-world dataset and will be asked to analyze it, draw conclusions, and form recommendations based on your findings. This is an opportunity for you to demonstrate how you approach an open-ended problem, including how you think about the data, what assumptions you make, and how you communicate your results.

The final stage of interviews is in-person at our Vancouver office. You will spend half a day with our quant team members. This stage begins with a five-minute executive presentation of your take-home data analysis project, where you will walk the team through your methodology, findings, and recommendations. The team will then ask follow-up questions about your approach and reasoning. From there, you will have one‑on‑one interviews with each team member. This is for our team members to get to know you better and ask you about your professional and academic experiences and qualifications along with some general knowledge concepts. This is also an opportunity for you to ask us any questions you might have about the company. These interactions will allow you to get a sense of our working culture. Finally, the team will take you out for lunch.

If you are currently not living in Vancouver, we will cover travel and accommodation costs for your interview.

interview tips

Be Yourself This is a chance for you and our team to get to know one another and get a sense of whether we are a good fit for you. Check‑In When you arrive at our office, you will be welcomed by our receptionist and they will notify the team you have arrived. Dress Comfortably Our team members wear Vancouver business casual attire and we recommend you do too.

Step 5

Interview with the Portfolio Manager - Practical Problem Solving

This stage of interviews is conducted by our portfolio manager. This interview will focus on problem-solving involving math and statistical analysis combined with practical applicationto real-world problems.

interview tips

Be Confident You have passed 4 rounds of interviews already so feel confident moving forward.

Step 6

Offer, References and Background Checks

If you've made it this far, congratulations!You have impressed us through a strenuous interview process and we consider you among thebest of the best.We look forward to welcoming you to NumerixS Quant.

interview tips

Stay in Touch Please note that the interview process outlined above is subject to change and may be conducted in a different sequence. Our goal is to provide you with the best candidateexperience, and we will keep you informed of any updates or changes throughout theprocess.