Algo Developer: Build & Optimize Live Trading Models

Hudson River Trading; New York (NY); On-site; USD 200,000 - 300,000; Full time

Job summary

Hudson River Trading is seeking Algo Developers to build and maintain the models that drive our trading. A typical day involves applying rigorous statistical analysis to market and financial data to produce predictive trading models and running them live on our high-performance trading infrastructure.

You will collaborate with fellow algo developers and core engineers to research, develop, and test novel order execution and model-training methods that improve trading efficiency while maintaining

Qualifications

• Bachelor's degree in Math, CS, Stats, Physics, or related field
• Capable of working independently as well as part of a team
• Able to analyze and fix problems quickly
• Learn quickly and apply new skills effectively

Responsibilities

• Build and maintain trading models and infrastructure
• Run models live on high-performance trading systems
• Analyze daily performance to maintain profitability
• Collaborate with algo developers and core engineers to research and develop methods

Skills

Analytical skills

Independent problem solving

C++

Education

Bachelor's degree in Math, CS, Stats, Physics, or related field

Job description

Algo Developersare 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. You will run models live on our high-performance trading infrastructure, and analyze their daily performance to maintain ongoing profitability. Working in close collaboration with fellow algo developers and core developers, you will research, develop, and test novel order execution and model training methods to increase trading efficiency.

Skills

• Brilliant analytical and problem solving skills
• Ability to work creatively and independently on long-term technical problems
• Familiarity with the C++ programming language

Profile

• You possess a bachelor's degree in Math, CS, Stats, Physics, or related field
• You are capable of working independently as well as part of a team
• You can analyze and fix problems quickly
• You learn quickly and apply new skills effectively

The estimated base salary range for this position is 200,000 to 300,000 USD per year (or local equivalent). The base pay offered may vary depending on multiple individualized factors, including location, job-related knowledge, skills, and experience. This role will also be eligible for discretionary performance-based bonuses and a competitive benefits package.

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.