Mid-level Quantitative Researcher

Scientech Research LLC; Jersey City (NJ); On-site; USD 90,000 - 120,000; Full time

Job summary

A financial research firm is looking for a quantitative researcher to apply statistical analysis to market and financial data and develop predictive trading models. The ideal candidate will have 3-5 years of experience in systematic equity trading, strong programming skills in C/C++ or Python/R, and advanced degrees in relevant scientific fields. This role requires innovative problem-solving, effective communication, and the ability to thrive in a fast-paced environment.

Qualifications

• 3-5 years of experience in systematic alpha research/equity trading.
• Proven track record of innovative thinking.
• Formal training in independent academic research.

Responsibilities

• Conduct rigorous statistical analysis on market and financial data.
• Manage research and development cycles for quantitative trading.

Skills

Statistical analysis

Problem solving

Teamwork

Communication

Programming in C/C++

Programming in Python/R

Education

Advanced degrees in Statistics, Mathematics, Computer Science, Electrical Engineering, or Physics

Job description

Job Responsibilities:

1. Apply rigorous statistical analysis to vast quantities of market and financial data to produce predictive trading models and strategies.
2. Perform full research and development cycles of global equity quantitative trading, including idea generations, data cleaning, strategy backtesting, portfolio optimization, risk management and production monitoring.

Qualifications:

1. 3-5 years of work experience in systematic alpha research/equity trading.
2. Have a good track record of innovative thinking and problem solving.
3. Must have graduated with advanced degrees from top universities majoring in science and engineering, preferably Statistics, Mathematics, Computer Science, EE, and Physics. Have formal training of independent academic research.
4. Programming skills: proficient in at least one of the following programming languages - C/C++, Python/R.
5. Good communicator, being rigorous, patient, and having a strong sense of teamwork.
6. Highly motivated, and able to work in a fast-paced environment.