Quantitative Trader (PhD) New

Trading Interview; Austin, Northern (TX, KY); Hybrid; USD 150,000 - 230,000; Full time

Job summary

Virtu Financial is seeking Quantitative Traders to design, operate and refine high-performance algorithmic strategies across electronic venues globally. You will work with engineers to enhance strategy deployment, learn trade-floor dynamics and contribute to market microstructure insights.

A PhD in a quantitative field and strong programming ability are essential, with a focus on initiative and collaboration.

Qualifications

• PhD in science, math, engineering or related quantitative field.
• Outstanding quantitative problem-solving skills and mathematical aptitude.
• Programming experience required (Python, SQL, Java or C++ a plus).
• Strong communication and concise information delivery.
• Self-motivated, tenacious, able to work independently or in a team.
• Experience with trading, strategy games or poker helpful but not required.
• No finance background required.

Responsibilities

• Design, operate and improve high-performance algorithmic trading strategies deployed on electronic venues.
• Collaborate with software engineers to enhance trading strategies and execution.
• Learn trade floor operations during mentorship and integrate into strategy deployment.
• Contribute to understanding market microstructure and liquidity dynamics.

Skills

Python

SQL

C++

Java

Quantitative reasoning

Team collaboration

Education

PhD in quantitative field

Job description

Virtu is a leading financial firm that leverages cutting edge technology to deliver liquidity to the global markets and innovative, transparent trading solutions to our clients. As a market maker, Virtu provides deep liquidity that helps to create more efficient markets around the world. Our market structure expertise, broad diversification, and execution technology enables us to provide competitive bids and offers in over 19,000 securities, at over 235 venues, in 36 countries worldwide.

THE ROLE

Our Quantitative Traders are responsible for the design, operation, and improvement of high‑performance algorithmic trading strategies deployed on electronic trading venues around the world. During an intensive period of mentorship and training in trade floor operations, Quantitative Traders learn the intricacies of each step of the trade flow process, eventually integrating into strategy deployment and operation.

This team also has the opportunity to work closely with software engineers to enhance and further develop the firm’s trading strategies. Quantitative Traders not only become experts in trading technology and its interaction with the market, but they also play a crucial role in the evolution of market micro structure and the driving forces behind liquidity. This is a great opportunity for the right candidate to kick start a career in the financial technology space.

THE CANDIDATE

• PhD in Science, Math, Engineering or other quantitative field.
• Outstanding quantitative problem‑solving skills and mathematical aptitude.
• Programming experience is required (Python, SQL, Java or C++ are a plus).
• The ability to communicate information precisely and with agility.
• A physicalizer; a person who identifies issues and creates solutions without rigid direction or fanfare.
• Highly motivated and tenacious individual, with a proven ability to take initiative and work independently and within a team.
• Team player: authentic, genuine person who is capable of working collective goals.
• Prior experience with trading, strategy games or poker, is helpful but not required.
• No finance background is necessary.

THE PROCESS

After applicants pass an initial resume screening, an online test will be sent via email. This test is from a service called Hackerrank so please be on the lookout. After passing the OA, we will contact you to arrange a phone screen. We looking forward to meeting you!

Virtu Financial is an equal opportunity employer, committed to a diverse and inclusive workplace, welcoming you for who you are and does not discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status.