Entry-Level Quantitative Strategist

WorldQuant; United States; Remote; USD 150,000 - 200,000; Full time

Job summary

A quantitative finance firm is seeking candidates with a quantitative educational background for roles involving portfolio management and systematic trading. The ideal candidate will hold a PhD or Masters in a relevant field and possess programming skills in Python and/or C++. Responsibilities include supporting alpha research and building tools for quantitative strategies. The position offers generous benefits and a salary range of $150,000 – $200,000 per year.

Benefits

Fully paid medical and dental insurance

Flexible spending account

401k

Fully paid parental leave

Generous PTO

Employee discounts for gym memberships

Training and development courses

Qualifications

• PhD or Masters degree from a top university.
• Demonstrated ability to program in Python and/or C++.
• Strong background in data structures and algorithms.
• Strong moral integrity and work ethic.

Responsibilities

• Support Portfolio Managers with alpha research and modelling.
• Build and maintain tools used in quantitative research.

Skills

Python programming

C++ programming

Problem-solving

Data structures

Algorithms

Education

PhD or Masters in computer science, mathematics, statistics, physics, engineering, or quantitative finance

Tools

Linux

Job description

Austin OR Chicago OR Geneva OR London OR Miami OR New York OR Old Greenwich OR Paris OR San Francisco OR Singapore OR West Palm Beach OR Zug

WorldQuant develops and deploys systematic financial strategies across a broad range of asset classes and global markets. We seek to produce high-quality predictive signals (alphas) through our proprietary research platform to employ financial strategies focused on market inefficiencies. Our teams work collaboratively to drive the production of alphas and financial strategies – the foundation of a balanced, global investment platform.

WorldQuant is built on a culture that pairs academic sensibility with accountability for results. Employees are encouraged to think openly about problems, balancing intellectualism and practicality. Excellent ideas come from anyone, anywhere. Employees are encouraged to challenge conventional thinking and possess an attitude of continuous improvement.

Our goal is to hire the best and the brightest. We value intellectual horsepower first and foremost, and people who demonstrate an outstanding talent. There is no roadmap to future success, so we need people who can help us build it.

The Role

We are seeking candidates with a quantitative educational background and an interest in systematic trading

Job Responsibilities

• Support Portfolio Managers with alpha research, modelling, portfolio construction, optimization, and implementation of quantitative trading strategies
• Build and maintain tools and systems used throughout the quantitative research and portfolio management processes

What You’ll Bring

• PhD or Masters degree from a top university, with a major in computer science, mathematics, statistics, physics, engineering, or quantitative finance discipline
• Demonstrated ability to program in Python and/or C++, with a strong background in data structures and algorithms
• Working knowledge of Linux
• Strong problem-solving abilities
• Strong moral integrity and work ethic
• Core Benefits: Fully paid medical and dental insurance for employees and dependents, flexible spending account, 401k, fully paid parental leave, generous PTO (paid time off) that consists of:
  • twenty vacation days that are pro-rated based on the employee’s start date, at an accrual of 1.67 days per month,
  • three personal days, and
  • ten sick days.
• Perks: Employee discounts for gym memberships, wellness activities, healthy snacks, casual dress code
• Training: learning and development courses, speakers, team-building off-site
• Employee resource groups

Pay Transparency

WorldQuant is a total compensation organization where you will be eligible for a base salary, discretionary performance bonus, and benefits.

To provide greater transparency to candidates, we share base pay ranges for all US-based job postings regardless of state. We set standard base pay ranges for all roles based on job function and level, benchmarked against similar stage organizations. When finalizing an offer, we will take into consideration an individual’s experience level and the qualifications they bring to the role to formulate a competitive total compensation package.

The Base Pay Range For This Position Is $150,000 – $200,000 USD.

At WorldQuant, we are committed to providing candidates with all necessary information in compliance with pay transparency laws. If you believe any required details are missing from this job posting, please notify us at [e-mail], and we will address your concerns promptly.

By submitting this application, you acknowledge and consent to the terms of the WorldQuant Privacy Policy. The policy explains how and why your data will be collected, used, disclosed, retained, and secured, and describes your rights regarding data in different jurisdictions.

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