Quantitative Research Analyst – University Graduate (US)

Citadel; New York (NY); On-site; USD 235,000 - 300,000; Full time

Benefits offered by this job

Medical insurance

Life insurance

Retirement plan

Tax-free savings plans

Job summary

Citadel in New York is seeking a Quantitative Researcher Analyst to develop next-generation models and trading approaches for multiple strategies. You will translate complex statistics into code and back test models in live trading environments.

The role requires strong mathematical background, experience with Python/R/C++, and the ability to work across data-driven research teams in a fast-paced setting. Opportunities exist in NY, Miami, and Greenwich.

Qualifications

• Bachelor's or master's degree in mathematics, statistics, physics, computer science, or another highly quantitative field.
• Strong knowledge of probability and statistics (machine learning, time-series analysis, pattern recognition, NLP).
• Prior experience in a data-driven research environment.
• Experience translating mathematical models and algorithms into code (Python, R or C++).
• Ability to manage multiple tasks and thrive in a fast-paced team environment.
• Excellent analytical skills with strong attention to detail.
• Strong written and verbal communication skills.

Responsibilities

• Conceptualize valuation strategies, develop and improve mathematical models.
• Back test and implement trading models and signals in a live trading environment.
• Use unconventional data sources to drive innovation.
• Conduct research and statistical analysis to monetize trading signals.

Skills

Quantitative modeling

Statistical analysis

Research experience

Python / R / C++

Multi-tasking

Analytical skills

Communication skills

Education

Bachelor's or Master's in math/ stats/ CS

Tools

Python

R

C++

Job description

Our mission is to be the most successful investment team in the world. Quantitative Researcher Analysts play a key role in this mission by developing next-generation models and trading approaches for a range of investment strategies. You’ll get to challenge the impossible in quantitative research by applying sophisticated and complex statistical techniques to financial markets, some of the most complex data sets in the world.

Your Objectives

• Conceptualize valuation strategies, develop, and continuously improve upon mathematical models and help translate algorithms into code
• Back test and implement trading models and signals in a live trading environment
• Use unconventional data sources to drive innovation
• Conduct research and statistical analysis to build and refine monetization systems for trading signals

Your Skills & Talents

• Bachelor's or master's degree in mathematics, statistics, physics, computer science, or another highly quantitative field
• Strong knowledge of probability and statistics (e.g., machine learning, time-series analysis, pattern recognition, NLP)
• Prior experience working in a data driven research environment
• Experience with translating mathematical models and algorithms into code (Python, R or C++)
• Ability to manage multiple tasks and thrive in a fast-paced team environment
• Excellent analytical skills, with strong attention to detail
• Strong written and verbal communication skills

Opportunities available in New York, Miami, and Greenwich.

In accordance with applicable law, the base salary range for this role is $235,000 to $300,000.

In addition, the employee who fills this role will be eligible to participate in a discretionary incentive compensation program, as well as a wide array of benefit programs, such as medical and life insurance, retirement and tax-free savings plans, and access to other healthcare programs.

About Citadel

Citadel is one of the world’s leading alternative investment managers. We manage capital on behalf of many of the world’s preeminent private, public and nonprofit institutions. We seek the highest and best use of investor capital in order to deliver market leading results and contribute to broader economic growth. For over 30 years, Citadel has cultivated a culture of learning and collaboration among some of the most talented and accomplished investment professionals, researchers and engineers in the world. Our colleagues are empowered to test their ideas and develop commercial solutions that accelerate their growth and drive real impact.