Equity Quantitative Researcher - Model & Risk

Quant Blueprint LLC; New York (NY); On-site; USD 175,000 - 300,000; Full time

Job summary

Citadel, a leading investment manager, is seeking a Quantitative Researcher in Equity Model Research (EMR) in New York. You will join forces with researchers and engineers to advance portfolio construction, risk management, and hedging for large equity portfolios.

The role demands strong training in statistics/math, experience with large datasets, and programming skills (Python, Matlab, R, C/C++). A profound interest in investments and market microstructure is essential.

Qualifications

• Bachelor's, Master's, or Ph.D. in Statistics, Mathematics, Operations Research, Economics or related field.
• Advanced training in Statistics, Mathematics, Finance/Financial Engineering or related field.
• Strong mathematical and/or statistical modeling background.
• Demonstrated empirical skill; comfortable with analysis of large datasets.
• Intellectual curiosity and passion for solving investment problems using technology and fundamentals.
• Interest in investments, asset pricing, empirical anomalies and market microstructure.
• Experience with equity factor models is preferred.
• Proficiency in Matlab, R and Python/C++.

Responsibilities

• Research portfolio construction and optimization for large equity portfolios.
• Apply advanced computational techniques and statistical methods to solve problems.
• Build proprietary risk models for equity strategies.
• Develop econometric and mathematical models to define stress scenarios.
• Model cross-section of stock returns using fundamental factors.
• Collaborate with engineering to implement analytics in production.
• Work with Portfolio and Risk Managers to integrate risk metrics.
• Keep abreast of academic and industry research to drive improvements.
• Explore new data sources while understanding financial markets.

Skills

Statistics

Mathematics

Operations Research

Economics

Data analysis

Empirical research

Education

Bachelor's degree

Master's degree

PhD

Tools

Python

C/C++

Matlab

R

Job description

Citadel, a leading investment manager, is seeking a Quantitative Researcher in Equity Model Research (EMR) in New York. You will join forces with researchers and engineers to advance portfolio construction, risk management, and hedging for large equity portfolios.

The role demands strong training in statistics/math, experience with large datasets, and programming skills (Python, Matlab, R, C/C++). A profound interest in investments and market microstructure is essential.