Algorithm Developer (Quant Research & Trading) - 2027 PhDs

Hudson River Trading; Whitehall; On-site; GBP 201,000 - 246,000; Full time

Job summary

Hudson River Trading (HRT) is seeking exceptional full-time PhD students to join our Algorithm Development teams in New York, London, and Singapore. Algorithm Developers build and maintain models that drive trading, applying rigorous statistical analysis to large market data sets to generate predictive trading models.

You will work with Software Engineers to research, develop, and test new order execution and model training methods on high-performance infrastructure.

Qualifications

• Current full-time PhD student in a quantitative field eligible for full-time roles in 2027.
• Proficiency in Python and statistical analysis.
• Experience with Pandas/Numpy, R, or MATLAB is a plus.

Responsibilities

• Build and maintain predictive trading models.
• Apply rigorous statistical analysis to market data to produce models.
• Research, develop, and test order execution and model training methods.

Skills

Python

Machine learning

Statistical analysis

Critical thinking

Education

PhD student in quantitative field

Tools

Pandas/Numpy

R

MATLAB

Job description

Hudson River Trading (HRT) is seeking exceptional full-time PhD students to join our Algorithm Development teams in New York, London, and Singapore. Algorithm Developers at HRT are responsible for building and maintaining the models that drive our trading. A typical day involves applying rigorous statistical analysis to vast quantities of market and financial data to produce predictive trading models. In this role, you will work alongside fellow Algorithm Developers and Software Engineers to research, develop, and test novel order execution and model training methods to increase trading efficiency. This will involve running models live on our high-performance trading infrastructure and analyzing daily performance to maintain ongoing profitability. You can expect to apply your advanced academic research experience and expertise to impactful real world problems in trading across time horizons and machine learning strategies.

Ideal candidates are excited to apply their research expertise to identify new opportunities in worldwide markets, enjoy both self-guided research and collaborating with others to analyze and fix problems efficiently, and are critical thinkers who can learn and implement new skills in a fast-changing environment.

Qualifications

• You are a full-time PhD student in a quantitative discipline (math, physics, computer science, statistics, or a related program) who is eligible for full-time roles in 2027.
• Fluency in PythonExperience with statistical analysis, numerical programming, or machine learning in Python,Pandas/Numpy, R, and/or MATLAB.
• Brilliant analytical and problem-solving skillsAbility to work creatively and independently on long-term technical problems.
• Base salary for US is $300,000.
• Other locations have similarly locally competitive base salaries.
• A sign-on and discretionary performance bonus will be provided as part of the total compensation package, in addition to company-paid medical and/or other benefits.

Culture

Hudson River Trading (HRT) brings a scientific approach to trading financial products. We have built one of the world's most sophisticated computing environments for research and development. Our researchers are at the forefront of innovation in the world of algorithmic trading. At HRT we welcome a variety of expertise: mathematics and computer science, physics and engineering, media and tech. We're a community of self-starters who are motivated by the excitement of being at the cutting edge of automation in every part of our organization-from trading, to business operations, to recruiting and beyond. We value openness and transparency, and celebrate great ideas from HRT veterans and new hires alike. At HRT we're friends and colleagues - whether we are sharing a meal, playing the latest board game, or writing elegant code. We embrace a culture of togetherness that extends far beyond the walls of our office. Feel like you belong at HRT? Our goal is to find the best people and bring them together to do great work in a place where everyone is valued. HRT is proud of our diverse staff; we have offices all over the globe and benefit from our varied and unique perspectives. HRT is an equal opportunity employer; so whoever you are we'd love to get to know you. Please be advised: Use of AI tools during interviews or assessments is strictly prohibited, unless otherwise instructed or agreed upon. We employ various methods to evaluate the authenticity of candidate responses. If we determine that AI assistance was used during any stage of the hiring process, we reserve the right to immediately disqualify your candidacy or rescind any job offers extended.