Senior Quantitative Researcher / Sub-PM

Alexander Chapman; Greater London; On-site; GBP 150,000 - 230,000; Full time

Job summary

Alexander Chapman is seeking a Senior Quantitative Researcher / Sub-PM to own research ideas and develop systematic trading strategies. You’ll work with strong technology and data, collaborating closely with traders and other researchers to bring research into live trading.

You’ll have a track record in prop shops or hedge funds, with expertise in statistics, ML, and Python, and a penchant for taking ideas from concept to execution and P&L responsibility.

Qualifications

• ,

Responsibilities

• Research new alpha sources across financial markets
• Develop predictive models and systematic trading strategies
• Work with large datasets to identify signals and opportunities
• Take ideas from hypothesis through testing to production
• Collaborate with traders to translate research into live strategies
• Own research agenda and pursue ideas likely to generate alpha
• Over time take ownership of strategies, risk and P&L

Skills

Python

Large datasets

Statistics

Machine learning

Quantitative research

Alpha signals

Research-to-trading

Entrepreneurial mindset

Tools

Pandas

Job description

We’re working with a leading proprietary trading firm looking for a Senior Quantitative Researcher / Sub-PM to join their team and take significant ownership over research and trading ideas.

This is an environment where good research moves quickly into live trading. You’ll have access to strong technology, data and infrastructure, while working closely with traders and other researchers to develop, test and implement systematic strategies.

What you’ll be doing:

• Researching new sources of alpha across financial markets
• Developing predictive models and systematic trading strategies
• Working with large and alternative datasets to identify new signals and opportunities
• Taking research from an initial hypothesis through rigorous testing and into production
• Working closely with traders to understand market behaviour and translate research into live strategies
• Owning your research agenda and having the freedom to pursue ideas you believe can generate alpha
• Over time, taking greater ownership of strategies, risk and P&L

What we’re looking for:

• Several years of quantitative research experience within a prop shop, hedge fund or similar systematic trading environment
• A strong track record of developing alpha-generating signals or systematic strategies
• Strong quantitative skills across statistics, mathematics, machine learning or a related discipline
• Excellent Python and experience working with large datasets
• Strong understanding of how and why signals work, when they break down, and how they can be improved
• Someone entrepreneurial who enjoys taking an idea from research through to implementation and live trading
• For more senior profiles, experience taking ownership of strategies, risk or P&L would be highly relevant

Why it’s interesting:

This isn’t a role where you’ll simply be maintaining an existing research book.

You’ll have the opportunity to shape the research agenda, develop your own ideas, work directly with traders and take increasing ownership of strategies and P&L.

For the right Senior QR, there is a clear opportunity to move beyond pure research and take on a broader Sub-PM-style remit, with greater responsibility for capital, risk and trading performance.