Quantitative Researcher

Aleto; Chicago (IL); On-site; USD 125,000 - 190,000; Full time

Benefits offered by this job

Equity package

Remote flexibility

Job summary

Aleto in Chicago is seeking a quantitative researcher to analyze diverse financial data, build predictive models, and develop alpha signals. The role emphasizes rigorous testing of ideas and backtesting of investment strategies, with opportunities to explore new alpha opportunities across asset classes.

The position requires strong Python programming skills, an advanced quantitative degree, and the ability to clearly communicate complex concepts within a collaborative, high-performing team

Qualifications

• Experience with data-driven research in finance or markets.
• Strong Python programming skills.
• Advanced degree in a quantitative discipline from a top university.
• Analytical problem-solving in statistical prediction tasks.
• Interest in developing systematic trading products.
• Knowledge of financial assets and market mechanisms.
• Ability to communicate complex ideas clearly.
• Machine learning modeling experience.

Responsibilities

• Explore and research a vast variety of financial data sets, perform statistical analysis and apply mathematics/machine learning models to predict statistical market patterns.
• Understand financial assets and trading market mechanisms; construct alpha signals and test ideas using rigorous methods.
• Perform back testing on investment strategies and verify underlying assumptions for reliable conclusions.
• Proactively identify new alpha opportunities across asset classes and market conditions.
• Collaborate with quant team members and develop research infrastructures and data processing tools.

Skills

Data-driven research

Python

Analytical problem-solving

Systematic trading

Financial markets

Communication

Machine learning

Education

Advanced degree in quantitative field

Job description

About the company

At Aleto, we’re building a bespoke asset management platform designed specifically for the RIA community-and we’re just getting started. Our team is grounded in humility, fueled by determination, and driven by a deep sense of curiosity. We value self-starters who are optimistic, intellectually hungry, and excited to solve complex problems alongside a collaborative, high-performing team. If you’re looking to grow with a firm and passionate about what you do, we’d love to meet you.

Responsibilities

• Please note, this is an on-site role. You must be able to commute to our office in Downtown Chicago.
• Explore and research on vast variety of financial data sets, perform statistical analysis and apply mathematics/machine learning models to predict statistical market patterns
• Understand the financial assets and trading market mechanism, construct alpha signals, perform testing on the research ideas based on rigorous theoretical methods
• Perform back testing on the investment strategies, pinpoint the assumptions behind each research process to make sure the conclusions are reliable
• Proactively explore and identify new alpha opportunities across various asset classes and market conditions.
• Work with other quant team members, develop research infrastructures, including functional tools for data processing, framework for research idea generation

Required Qualifications & Skills

• Experience in in-depth data driven research
• Strong research and programming skills in Python
• Advanced degree in a quantitative subject such as Computer Science, Applied Mathematics, Statistics, or related field from a top ranked university
• Experience and background demonstrate strong analytical problem-solving skills in statistical prediction problems
• Strong interest in developing systematic trading products in financial markets
• Knowledge in financial assets and financial market trading mechanism
• Ability to communicate the advanced concepts and complicated ideas in concise and logical way
• Machine learning modeling (Kaggle style)

Personal Characteristics

• Good team player
• Critical thinker
• Self-motivated
• Relentless optimizer
• Communication

At Aleto, we foster a culture of exceptionalism, positivity, and diversity of thought. We value collaboration, creativity, and having fun while doing meaningful work. Team outings, learning opportunities, remote flexibility, and a supportive environment are just a few things you can expect.

We offer a competitive salary and equity package, based on experience and qualifications.

Aleto is proud to be an equal opportunity employer. We value diversity and are committed to creating an inclusive environment for all employees. We do not tolerate discrimination of any kind and hire based on skills, experience, and potential.