Junior Quantitative Researcher

Purposeology; Cambridge; On-site; GBP 255,000 - 300,000; Full time

Job summary

A proprietary trading firm in Cambridge is seeking a Junior Quantitative Researcher to enhance trading algorithms and increase profitability. The ideal candidate will possess strong mathematical skills, be comfortable with C++, and thrive in a team-oriented environment. This position offers significant financial rewards tied to individual success, alongside the chance to work on innovative trading strategies.

Qualifications

• Must have a strong background in mathematics or statistics.
• Experience in rapid iteration on complex experiments is crucial.

Responsibilities

• Build upon existing models to improve profitability.
• Design new trading algorithms.
• Collaborate with Traders, Engineers, and Computer Scientists.

Skills

Highly numerate

Comfortable with C++

Experience with Python

Ability to work under deadlines

Experience in managing mathematical experiments

Education

Top grades

Job description

Title: Junior Quantitative Researcher

Company: Proprietary HFT

Location: Cambridge

Compensation: Up to £300,000

Company

A proprietary trading firm in Cambridge, specialising in the research and development of ultra-low-latency automated trading strategies, are looking for a Quantitative Researcher with a demonstrable background of iterating rapidly on complex mathematical experiments.

Role

• You will build upon existing models as well as design new trading algorithms to increase profitability
• Work closely with a close-knit team of Traders, Engineers and Computer Scientists
• This is an early-stage hire for the team. Much of your work will be completely greenfield. You will have a very high-impact position in the team, and will be financially rewarded proportionally to your success

About You

• Highly numerate
• Comfortable with C++ (must)
• Experience with Python
• Work well to tight deadlines
• Top grades
• Experience managing experiments/mathematical or statistical research involving rapid iteration.

Full details are available. Please don't hesitate to get in touch.