Principal Quant

LGBT Great; New York (NY); On-site; USD 200,000 - 250,000; Full time

Benefits offered by this job

Comprehensive benefits package

Two annual 'Mankind' days for community volunteering

Flexible working arrangements

Job summary

LGBT Great is seeking a qualified professional for an alpha research role focused on enhancing global trading strategies using high-frequency techniques. This position requires expertise in quantitative finance, particularly in high-frequency trading and technical proficiency with Python and Linux.

The successful candidate will manage trading strategies linked to global equities and work closely with internal stakeholders. A competitive salary range of $200,000 to $250,000 along with comprehensive benefits is offered.

Qualifications

• 5+ years of quantitative finance experience, ideally at a proprietary trading firm or hedge fund.
• 2+ years of alpha research experience working with L3 tick data.
• 2+ years of high frequency trading strategy design or analysis experience.
• 2+ years of experience working with US equities.
• Experience with Machine Learning techniques is a plus.
• Expertise in Python and Linux environments.
• Comfortable proficiency in C++, Java, or another low-level language.

Responsibilities

• Design, implement, and deploy tick-data features and machine learning models.
• Write strategy logic and manage production deployments of high-frequency execution algorithms.
• Lead the expansion of algorithmic execution to global asset classes.
• Communicate updates and plans regularly to stakeholders.

Skills

Quantitative finance experience

Alpha research with L3 tick data

High frequency trading strategy design

Working with US equities

Machine Learning techniques

Expertise in Python

Linux environments

Proficiency in C++ or Java

Education

PhD or exceptional Masters/Bachelors qualification in a quantitative subject

Job description

About Man Group

Man Group is a global alternative investment management firm focused on pursuing outperformance for sophisticated clients via our Systematic, Discretionary and Solutions offerings. Powered by talent and advanced technology, our single and multi-manager investment strategies are underpinned by deep research and span public and private markets, across all major asset classes, with a significant focus on alternatives. Man Group takes a partnership approach to working with clients, establishing deep connections and creating tailored solutions to meet their investment goals and those of the millions of retirees and savers they represent.

Algo Research Team

Algo Research team is responsible for alpha research across a wide range of timescales (from high frequency up to ~48 hours), design of monetization/execution strategies and market impact modelling across all major asset classes (including Cash Equities, Futures, FX, options).

Purpose of the Role

To research, develop, and manage strategies which will improve Man Group’s global trading in financial markets utilizing high-frequency techniques.

Specific Responsibilities

• High-frequency alpha research: design, implement, and deploy tick-data features and machine learning models targeting short horizons
• Trading strategy management: write strategy logic, perform post-trade analysis, and manage production deployments of high-frequency execution algorithms
• Global asset class coverage: lead the expansion of Man’s internal algorithmic execution to global equities, global futures, and other liquid electronic asset classes
• Stakeholder management: communicate updates and plans regularly to research leadership, global trading and business management

Requirements and Key Competencies

• 5+ years of quantitative finance experience, ideally at a proprietary trading firm or hedge fund
• 2+ years of alpha research experience working with L3 tick data
• 2+ years of high frequency trading strategy or high frequency execution algo design or analysis experience
• 2+ years of experience working with US equities
• Experience with Machine Learning techniques is a plus
• PhD or exceptional Masters / Bachelors qualification in a quantitative subject
• Expertise in Python and Linux environments
• Comfortable proficiency in C++, Java, or another low-level language
• Able to write clear, concise, and informative technical and research reports

The anticipated based salary range for this position is listed below. Compensation packages would also include benefits and a discretionary bonus. This is the base salary range that the Company believes it will pay for this position at the time of this posting based on the location and requirements of the position as well as the skills, qualifications, and experience of the applicant. The Firm reserves the right to modify this pay range at any time.

US Pay Range

$200,000 - $250,000 USD

Inclusion, Work-Life Balance and Benefits

You'll thrive in our working environment that champions equality of opportunity. Your unique perspective will contribute to our success, joining a workplace where inclusion is fundamental and deeply embedded in our culture and values. Through our external and internal initiativespartnerships and programmes, you'll find opportunities to grow, develop your talents, and help foster an inclusive environment for all across our firm and industry. Learn more at www.man.com/diversity
You'll have opportunities to make a difference through our charitable and global initiatives, while advancing your career through professional development, and with flexible working arrangements available too. Like all our people, you'll receive two annual 'Mankind' days of paid leave for community volunteering.

Our comprehensive benefits package includes competitive holiday entitlements, pension/401k, life and long-term disability coverage, group sick pay, enhanced parental leave and long-service leave. Depending on your location, you may also enjoy additional benefits such as private medical coverage, discounted gym membership options and pet insurance.

Equal Employment Opportunity Policy

Man Group provides equal employment opportunities to all applicants and all employees without regard to race, color, creed, national origin, ancestry, religion, disability, sex, gender identity and expression, marital status, sexual orientation, military or veteran status, age or any other legally protected category or status in accordance with applicable federal, state and local laws.

Man Group is a Disability Confident Committed employer; if you require help or information on