Remote Senior Algorithmic Trader

Placements24; United States; Remote; USD 150,000 - 250,000; Full time

Benefits offered by this job

Profit-sharing bonuses

Health benefits

Fully remote

Professional growth

State-of-the-art trading technology

Flexible hours for global teams

Discretionary bonuses

Job summary

Placements24 is recruiting a Senior Algorithmic Trader for a fully remote trading desk. You will design, back-test, and deploy high-frequency strategies across equities, futures, and FX, collaborating with quants and engineers.

You will monitor live performance, manage risk, and push the boundaries of trading technology with ML/AI methodologies while maintaining comprehensive trade records and contributing to firm strategy discussions.

Qualifications

• Master's or PhD in a quantitative field.
• 5+ years in algorithmic trading or similar hedge fund/prop trading.
• Proven track record of profitable strategies.
• Strong C++/Python and market microstructure knowledge.

Responsibilities

• Design, back-test, and deploy algorithmic trading strategies.
• Monitor real-time performance and optimize parameters.
• Implement risk controls and compliance with firm policies.
• Collaborate with quantitative researchers and software engineers to enhance trading systems.
• Research and experiment with ML and AI applications for trading.
• Maintain detailed records of trading activity and performance analysis.
• Contribute to trading strategy discussions and IP development.

Skills

C++ programming

Python programming

Machine learning

Low-latency trading

Quantitative research

Education

Master's or Ph.D. in quantitative discipline

Job description

About the Role

Our client, a global proprietary trading firm, is seeking an exceptional Senior Algorithmic Trader to join their fully remote trading desk. This critical role involves designing, developing, and executing high-frequency trading strategies across various asset classes. The ideal candidate will possess a deep understanding of market microstructure, statistical arbitrage, and machine learning techniques applied to trading. You will be responsible for managing risk, optimizing strategy performance, and contributing to the continuous innovation of our trading infrastructure. This is a unique opportunity to work from anywhere, collaborating with a world-class team of traders and technologists in a results-driven, remote-first environment.

Key Responsibilities

• Develop, back-test, and deploy sophisticated algorithmic trading strategies for equities, futures, and FX markets.
• Monitor and manage real-time trading performance, identifying and resolving issues promptly.
• Analyze market data to identify trading opportunities and optimize strategy parameters.
• Implement risk management controls to protect capital and ensure compliance with firm policies.
• Collaborate closely with quantitative researchers and software engineers to enhance trading systems and tools.
• Research and experiment with new trading methodologies, including machine learning and AI applications.
• Maintain detailed records of trading activity and performance analysis.
• Contribute to the firm's trading strategy discussions and intellectual property development.

Requirements

• Master's or Ph.D. in a quantitative discipline such as Computer Science, Mathematics, Statistics, Physics, or Financial Engineering.
• Minimum of 5 years of experience in algorithmic trading, quantitative research, or a similar role within a hedge fund or prop trading firm.
• Proven track record of designing and implementing profitable trading strategies.
• Strong programming skills in C++ and Python are essential.
• In-depth knowledge of financial markets, particularly equities, futures, and FX.
• Expertise in statistical analysis, machine learning, and data mining techniques.
• Understanding of low-latency trading systems and market microstructure.
• Excellent analytical and problem-solving skills.
• Strong communication skills to effectively collaborate with a remote team.
• This is a fully remote position, open to candidates globally, but with a preference for those familiar with South African market hours if applicable.

Benefits

• Highly attractive compensation package with a significant profit-sharing component.
• Comprehensive health and wellness benefits.
• Opportunities for professional growth and development in a cutting-edge field.
• Full remote work flexibility.
• Access to state-of-the-art trading technology and research.
• Collaborative and intellectually stimulating remote work environment.
• Discretionary performance-based bonuses and incentives.