Senior Quant Researcher - Intraday Statistical Arbitrage

Squarepoint Capital; New York (NY); On-site; USD 135,000 - 165,000; Full time

Benefits offered by this job

Health insurance

Dental insurance

401(k) contributions

Job summary

A leading quantitative investment firm in New York is seeking a Senior Quant Researcher for intraday statistical arbitrage. The role involves researching and implementing trading strategies within an automated framework, alongside analyzing vast data sets to identify new opportunities. Candidates should have a strong quantitative background, programming skills in languages like C++, Java, or Python, and excellent communication capabilities. This position offers a starting salary of $150,000 along with potential bonuses and benefits.

Qualifications

• Strong quantitative background with relevant degrees.
• Proficiency in at least one major programming language.
• Excellent communication skills and teamwork ability.

Responsibilities

• Research and implement strategies within the automated trading framework.
• Analyze data to identify trading opportunities.
• Monitor strategies during market hours.

Skills

Quantitative background

Programming proficiency (C++, Java, Python)

Strong communication skills

Ability to work well under pressure

Education

Degrees in Mathematics, Statistics, Econometrics, Financial Engineering, Operations Research, Computer Science, or Physics

Job description

Senior Quant Researcher - Intraday Statistical Arbitrage

Position Overview:

• Research and implement strategies within the firm’s automated trading framework.
• Analyze large data sets using advanced statistical methods to identify trading opportunities.
• Develop a strong understanding of market structure of various exchanges and asset classes.

Typical Day of Quant Researcher:

• Primary focus throughout the day is on researching and implementing trading ideas.
• Before market open, check that all required data and related processes are ready for the trading day.
• During market hours, sporadically monitor behavior and performance of strategies.

Required Qualifications:

• Quantitative background - includes degrees in Mathematics, Statistics, Econometrics, Financial Engineering, Operations Research, Computer Science and Physics.
• Programming proficiency with at least one major programming or scripting language (e.g. C++, Java, Python).
• Strong communication skills and ability to work well with colleagues across multiple regions.
• Ability to work well under pressure.

The minimum base salary for this role is $150,000 if located in New York. This expectation is based on available information at the time of posting. This role may be eligible for discretionary bonuses, which could constitute a significant portion of total compensation. This role may also be eligible for benefits, such as health, dental, and other wellness plans, as well as 401(k) contributions. Successful candidates’ compensation and benefits will be determined in consideration of various factors.