Quantitative Researcher

Aquaticcapitalmanagement; Chicago (IL); On-site; USD 150,000 - 300,000; Full time

Benefits offered by this job

Fully paid medical, dental, and vision insurance

401k plan

Wellness programs

Generous PTO

Job summary

Aquaticcapitalmanagement in Chicago is seeking exceptional Quantitative Researchers to develop proprietary trading models and strategies. This role offers the opportunity to conduct independent research in a collaborative environment.

Applicants should have at least 4 years of experience and a degree in relevant fields. The base salary ranges between $150,000 and $300,000 with potential bonuses and benefits.

Qualifications

• 4+ years of full-time professional experience.
• Experience in a quantitative role within a trading environment is a plus.
• Solid mathematical background and experience solving complex, data-intensive problems.

Responsibilities

• Create and improve proprietary trading models and strategies.
• Utilize financial data to enhance predictive models.
• Develop statistical and machine-learning models.

Skills

Statistical and applied mathematical research

Programming in Python, C++, Java, or R

Problem-solving and modeling ability

Analytical ability

Education

Bachelors, Masters, PhD, or Postdoc in relevant fields

Job description

Aquatic was founded with a shared passion for tackling some of the most complex challenges in one of the world’s most competitive arenas—global financial markets. From the very beginning, we have been driven by a deep commitment to applying cutting‑edge scientific research and technological innovation to deliver unparalleled performance. Our journey is one of continuous growth and exploration, marked by a spirit of curiosity and relentless drive for excellence.

Aquatic is looking for exceptional Quantitative Researchers to create and improve proprietary trading models and strategies while working closely with engineers and senior leaders across the firm. Quantitative Researchers within Aquatic work on a variety of trading strategies and research projects, with the opportunity to conduct independent research and originate research topics over time.

Specific responsibilities range from utilizing financial and other data in an effort to create or improve predictive models, developing and/or leveraging leading‑edge statistical and machine‑learning models to enhance the research and development system, creating algorithms to monetize the predictive signals.

Technical Requirements

• At least 4+ years of full-time professional experience
• Bachelors, Masters, PhD or Postdoc candidates in finance, computer science, mathematics, statistics, machine learning, physics, or other scientific discipline
• Solid mathematical and analytical ability; exceptional problem-solving and modeling ability
• Demonstrated ability to complete high level, statistical or applied mathematical research
• Prior experience in a quantitative role within a trading environment a plus
• Experience in solving highly complex, data intensive problems
• Programming proficiency in any of the following: Python, C++, Java or R

Behavioral Requirements

• Strong research hygiene
• Self‑motivated and highly‑productive, with a strong sense of ownership and urgency
• Intellectually curious, creative, and rigorous
• Excellent communication and collaboration skills
• Meticulous attention to detail
• Able to work across disciplines
• Willing to take ownership of his/her work, working both independently and within a small team
• Driven and tenacious approach with desire to build something scratch

The base salary for this role is anticipated to be between $150,000 and $300,000, which is based on information at the time of posting. This position may also be eligible for additional forms of compensation, such as a discretionary bonus, and benefits. Discretionary bonus can be a significant portion of total compensation. Actual compensation for successful candidates will be carefully determined based on a number of factors, including their unique skills, qualifications and relevant experience.

Benefits

• Benefits: For full‑time employees, fully paid medical, dental, and vision for employees and dependents, competitive 401k plan, employer‑paid life & disability insurance
• Perks: Wellness programs, casual dress, snacks, lunch, game room, team and company events
• Development: Open environment to maximize learning and knowledge sharing
• Time: Generous PTO, paid holidays, competitive paid caregiver leaves

Aquatic Capital

This role represents a unique opportunity to join a quantitative investment manager in its early stage of growth. The firm’s culture will be shaped by collaboration, meritocracy, ambition, and calm determination.

Aquatic is a proud equal opportunity workplace. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity/expression, age, status as a protected veteran, status as an individual with a disability, or any other applicable legally protected characteristics.