Quantitative Researcher – PhD Graduate (US)

Citadel Securities; Miami (FL); On-site; USD 235,000 - 300,000; Full time

Benefits offered by this job

Discretionary incentive

Medical insurance

Retirement plan

Tax-free savings plans

Job summary

Citadel Securities, a leading global market maker, seeks a quantitative researcher to develop and test automated trading strategies. You will model markets, backtest signals, and translate theories into production code in a fast-paced team.

Opportunities available in Miami and New York, with base salary ranging from $235,000 to $300,000 plus incentives and benefits such as medical/life insurance and retirement plans.

Qualifications

• PhD in mathematics, statistics, physics, CS, or another highly quantitative field.
• Strong knowledge of probability and statistics (machine learning, time-series, NLP).
• Experience in a data-driven research environment.
• Experience translating models/algorithms into code (Python, R or C++).
• Ability to manage multiple tasks in a fast-paced team.
• Excellent analytical and communication skills.

Responsibilities

• Conceptualize valuation strategies, develop, and improve mathematical models and 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 refine monetization systems for trading signals.

Skills

PhD in quantitative field

Probability & statistics

Data-driven research

Code translation (Python/R/C++)

multitasking

Analytical skills

Communication skills

Education

PhD degree

Tools

Python

R

C++

Job description

At Citadel Securities, a leading global market maker, our team of quantitative researchers models the markets and brings trading strategies to life every day. Specifically, this team develops and tests automated quant trading strategies using sophisticated statistical techniques. 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

• PhD 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 Miami and New York.

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.