Quantitative Researcher – PhD Graduate (US)

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

Job summary

Citadel, a premier investment firm, seeks Quantitative Researchers to develop next-generation models and trading approaches. You’ll apply sophisticated statistical techniques to financial markets and large datasets, challenging conventional limits to improve performance.

Responsibilities include designing valuation strategies, backtesting, live trading, using unconventional data, and analyzing results to monetize signals.

Qualifications

• PhD in a highly quantitative field required.
• Strong knowledge of probability and statistics.
• Experience translating models into production code.

Responsibilities

• Conceptualize valuation strategies and develop mathematical models.
• Back test and implement trading models and signals in live trading.
• Use unconventional data sources to drive innovation.
• Conduct research to build monetization systems for signals.

Skills

Probability & statistics

Data-driven research

Model translation into code

Analytical skills

Communication skills

Education

PhD in mathematics, statistics, physics, computer science, or another highly quantitative field

Tools

Python

R

C++

Job description

At Citadel, our mission is to be the most successful investment team in the world. Quantitative Researchers 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

• 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 New York, Miami, Greenwich, and Houston.

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.