Quantitative Hardware Researcher

Optiver; Austin (TX); On-site; USD 100,000 - 130,000; Full time

Benefits offered by this job

Highly competitive compensation package

Global profit-sharing pool

401(k) match up to 50%

Comprehensive health coverage

25 paid vacation days

Extensive office perks

Job summary

A financial market-making institution is looking for a quantitative researcher in Austin, Texas to join their hardware R&D team. In this role, you will design and run experiments to improve trading systems, collaborate with engineers, and present your findings. The ideal candidate will combine a strong quantitative background with hands-on hardware experience, comfortable in a lab environment. The company offers competitive compensation, a collaborative culture, and excellent benefits including health coverage and a 401(k) match.

Qualifications

• Strong understanding of quantitative analysis methods and ability to present findings.
• Grounded in physical reality with hardware understanding.
• Comfortable in a datacenter lab environment.

Responsibilities

• Design and run experiments to characterize hardware at picosecond scales.
• Work with execution researchers on real world vs lab performance.
• Run the lab and manage upcoming experiments.

Skills

Quantitative analysis methods

Hardware understanding

Python

Jupyter notebooks

Hands-on experience

Programming in C/C++ or VHDL

Low-latency networks

Education

Masters or PhD in Statistics, Mathematics, Engineering, Computer Science

Job description

Austin is home to Optiver’s main research, design and manufacturing facility for our custom trading system hardware. Fully understanding the components we use and the (exchange) environments in which our systems operate is critical to our success. We’re looking to expand the team with a quantitative researcher to help in hardware R&D.

With your quantitative skills and affinity for hardware, you’ll work with the engineers in the lab devising experiments, gathering data, running analysis and ultimately building an understanding of how things actually work. Using this knowledge to help to improve our designs, systems and the strategies that run upon them.

What You’ll Do

You’ll be involved in a wide variety of tasks which focus around your quantitative skills and understanding of hardware. This is just a few of the things you’ll do:

• Design, build and run experiments to characterize hardware such as switches, routers and trading systems at picosecond scales
• Work with execution researchers at all of our offices to understand real world vs lab performance of our trading systems and strategies
• Work with our software engineers in the lab to scale out and automate your research such that we can apply it at a global scale
• Be part of designing the next generation of systems and strategies which take your findings into account
• Your experience with lab measurements makes you a valuable resource for anyone looking at production data or trying to improve our production captures
• Help run the lab, make sure we have everything we need to run upcoming experiments and manage the queue of work
• Be involved with suppliers to test and understand next generation systems and measurement equipment

What You'll Get

You’ll join a culture of collaboration and excellence, surrounded by curious thinkers and creative problem-solvers. Motivated by a passion for continuous improvement, you’ll thrive in a supportive, high-performing environment alongside talented colleagues, collectively tackling some of the toughest challenges in the financial markets.

In addition, you’ll receive:

• The opportunity to work alongside best-in‑class professionals from over 40 different countries
• Highly competitive compensation package
• Global profit‑sharing pool and performance‑based bonus structure
• 401(k) match up to 50%
• Comprehensive health, mental, dental, vision, disability, and life coverage
• 25 paid vacation days alongside market holidays
• Extensive office perks, including breakfast, lunch and snacks, regular social events, clubs, sporting leagues and more

Who You Are

The ideal candidate combines a strong quantitative background with a deep understanding of hardware and can combine both of these skills to drive analysis that helps us improve our designs and strategies:

• You have a strong understanding of quantitative analysis methods and have the ability to present findings to others
• You are grounded in physical reality; you have an understanding of how hardware works and have the ability to use this knowledge to form hypothesis, conduct physical experiments and draw conclusions from that
• You are comfortable working with Python and Jupyter notebooks
• You’re not afraid to be hands on in a datacenter lab environment
• Programming experience in low level languages such as C/C++ or VHDL is a strong plus
• Experience with (low‑latency) networks and related hardware is a strong plus
• An educational background in Statistics, Mathematics, Engineering, Computer Science, or similar (Masters/PhD preferred)
• A preference for working collaboratively with like‑minded people
• A passion for solving problems and a drive for results

Who We Are

At Optiver, our mission is to improve the market by injecting liquidity, providing accurate pricing, increasing transparency and stabilising the market no matter the conditions. With a focus on continuous improvement, we prioritise safeguarding the health and efficiency of the markets for all participants. As one of the largest market‑making institutions, we are a respected partner on 100+ exchanges across the globe.

Based in ‘The Domain’ neighborhood, Optiver’s Austin office serves as the firm’s innovation nucleus, with a strong focus on quantitative research, software, and hardware engineering initiatives. With tech innovation an integral part of our core business, the booming city proved an ideal backdrop for our heavy investment into systems, infrastructure, machine learning, big data and computing R&D efforts. What’s more, with world‑class music, food and art scenes, as well as countless scenic outdoor activities, the quality of life for Austin Optiverians is second to none.

Our differences are our edge. Optiver does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, physical or mental disability, or other legally protected characteristics.