Quantitative Researcher – PhD Graduate (US)

Citadel Securities; New York (NY); On-site; USD 235,000 - 300,000; Full time

Benefits offered by this job

Incentive bonus

Medical insurance

Retirement plan

Tax-free savings

Healthcare programs

Job summary

Citadel Securities, a leading global market maker, seeks a highly quantitative researcher to design and test automated trading strategies using advanced statistics. You will translate mathematical models into code and back-test signals in live trading environments.

The role offers a base salary range and a comprehensive incentive program, with opportunities in Miami and New York. Strong analytical and communication skills are essential.

Qualifications

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

Responsibilities

• 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

Skills

Probability & statistics

Machine learning

Time-series analysis

Pattern recognition

NLP

Python/R/C++

Data-driven research

Analytical thinking

Communication skills

Multi-tasking

Education

PhD in a quantitative field

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.