Quantitative Researcher

Old Mission; New York (NY); On-site; USD 170,000 - 300,000; Full time

Benefits offered by this job

Fully paid Medical, Dental, Vision

Disability & Life Insurance

Tuition Reimbursement Program

401(k) with employer match

Paid Vacation & Parental leaves

Commuter and Flexible Spending

Job summary

Old Mission is a global proprietary trading firm with NYC offices seeking a Quantitative Researcher to work directly with traders and research infrastructure. You will conduct research on large data sets to develop alpha signals and contribute to portfolio construction, collaborating to optimize strategies and develop pricing models.

Ideal candidates have an advanced quantitative degree, strong stats, and 3+ years equity trading experience, plus leadership and communication skills.

Qualifications

• Advanced degree in a quantitative field such as computer science, engineering, mathematics, statistics, or physics.
• Deep technical understanding of advanced statistical techniques.
• 3+ years of relevant equity trading experience.
• Expertise building statistical models for equity forecasts and deploying them to production trading systems.
• Proficiency in C++, Python, R, Matlab, Ruby, or Java.
• Experience leading a team of researchers, in industry or academia.
• Superior written and verbal communication skills.

Responsibilities

• Conduct research and analyze large data sets to develop and implement alpha signals and contribute to portfolio construction.
• Collaborate with teams to analyze performance, optimize strategies, and develop new approaches.
• Develop pricing models for equity instruments and strategies.
• Assess risk as part of portfolio management and research validation.

Skills

C++

Python

R

Matlab

Java

Team leadership

Statistical modeling

Communication

Education

Advanced degree in quantitative field (CS/engineering/math/ statistics/ physics)

Job description

Old Mission is a global proprietary trading firm that leverages state-of-the-art technology and research to identify and execute profitable trading strategies across multiple asset classes around the world. Our offices in Chicago, New York, and London are all composed of naturally-curious individuals who thrive in a team environment and constantly strive for improvement.

About The Position

We're constantly asking questions to improve what we already do and explore new opportunities. As a Quantitative Researcher in our NYC office, you'll work directly with our traders and research infrastructure to:

• Conduct research and analyze large data sets to develop and implement alpha signals while contributing to portfolio construction
• Collaborate with others to analyze the performance while optimizing and creating new strategies
• Develop pricing models
• Assess risk

Required Skills

• An advanced degree in a quantitative field such as computer science, an engineering discipline, mathematics, statistics, or physics
• A deep technical understanding of advanced statistical techniques
• 3+ years of relevant equity trading experience
• Expertise building statistical models equity forecasts, with a proven track record of deploying such models to production equity trading systems
• Proficiency in at least one of the following languages: C++, Python, R, Matlab, Ruby, Java
• Experience leading a team of researchers, either in industry or academia
• Superior written and verbal communication skills

Benefits And Perks

• Fully paid Medical, Dental, Vision, Disability, and Life Insurance
• Fully stocked kitchen; free breakfast and lunch every day on-site
• Tuition Reimbursement Program
• 401(k) with employer match
• Paid Vacation, Sick, and Parental leaves
• Commuter and Flexible Spending Programs

Base Salary Range

$170,000 - $300,000 - Salaries are based on numerous factors such as skills, experience, and education. Our compensation package also includes a discretionary bonus and a comprehensive benefits program for full-time employees.

Old Mission is not accepting unsolicited resumes from any staffing/search firms. All resumes submitted by staffing/search firms to any employee at Old Mission via email, the Internet or directly without a valid signed search agreement will be deemed the sole property of Old Mission, and no fee will be paid in the event the candidate is hired by Old Mission.