Senior Quantitative Analyst

Stifel Financial; New York (NY); On-site; USD 80,000 - 150,000; Full time

Job summary

An established industry player is seeking a Senior Quantitative Analyst to spearhead the development of innovative equity trading algorithms and transaction cost models. In this dynamic role, you will leverage your expertise in quantitative research and data science to create impactful analytical tools that enhance trading strategies. Collaborating closely with cross-functional teams, you will manage a talented group of analysts, ensuring high-quality research outputs and fostering a culture of continuous improvement. Join a forward-thinking firm that values innovation and offers a supportive environment for your professional growth, where your contributions will directly influence the success of trading operations.

Benefits

Health Insurance

Dental Insurance

Vision Care

401k Plan

Wellness Initiatives

Life Insurance

Paid Time Off

Qualifications

• 3+ years of experience in US equity quantitative research/trading.
• Strong programming skills in Python, R, SQL, and kdb+/q.

Responsibilities

• Develop equity trading algorithms and transaction cost models.
• Manage quantitative research idea generation and model validation.
• Present research findings to team members and stakeholders.

Skills

Quantitative Research

Data Science Techniques

Python

R

SQL

kdb+/q

Statistical Techniques

Machine Learning

Education

Graduate Degree in Computational Finance

Graduate Degree in Financial Engineering

Graduate Degree in STEM Field

Tools

Time-Series Data Platforms

Analytical Tools

Job description

The Senior Quantitative Analyst works closely with the Head of Electronic Trading Product team in the initiation and development of equity trading algorithms, transaction cost models, and order routing strategies. This position manages the quant research idea generation process and initiates research into trading signals and model factors. The Senior Quantitative Analyst will then work closely with the head of product to determine which research and results are suitable for further analysis or deployment into Stifel trading algorithms. Finally, the Senior Quantitative Analyst will manage other quantitative analysts in their participation in projects and the writing of research white papers.

What We're Looking For

• Apply computational, mathematical, and statistical techniques in support of equity execution algorithm development and transaction cost modeling.
• Originate quantitative models and analytical tools to address issues such as short-term volume/price forecasting, sentiment analysis, signaling, execution optimization, performance measurement, and risk attribution.
• Manage other quantitative resources to achieve high “hit rate” on potential model enhancements.
• Author bespoke quantitative research papers in response to client performance inquiries.
• Maintain existing quantitative processes and develop new core analytical capabilities or model libraries, using advanced statistical, machine learning and quantitative techniques.
• Devise or apply independent models or tools to help verify results of analytical systems.
• Interpret results of analytical procedures and recommends new processes and or action plans.
• Work closely with trading, technology, and model validation teams to improve product offering.
• Present key research findings/insights to team members.

What You'll Bring

• Ability to use quantitative and data science techniques to research and develop appropriate models and tools for use by trading algorithms.
• Ability to understand what quantitative research is commercially viable and computationally efficient.
• Strong knowledge of programming skillset, Python, R, SQL, and kdb+/q.

Education & Experience

• Minimum Required: Graduate Degree in computational finance, financial engineering, or STEM field
• Minimum Required: 3+ year related experience in US equity quantitative research/trading

Licenses & Credentials

• Minimum Required: None

Systems & Technology

• Knowledge of time-series data platforms (q/KDB+, etc.)

About Stifel

Stifel is more than 130 years old and still thinking like a start-up. We are a global wealth management and investment banking firm serious about innovation and fresh ideas. Built on a simple premise of safeguarding our clients' money as if it were our own, coined by our namesake, Herman Stifel, our success is intimately tied to our commitment to helping families, companies, and municipalities find their own success.

While our headquarters is in St. Louis, we have offices in New York, San Francisco, Baltimore, London, Frankfurt, Toronto, and more than 400 other locations. Stifel is home to approximately 9,000 individuals who are currently building their careers as financial advisors, research analysts, project managers, marketing specialists, developers, bankers, operations associates, among hundreds more. Let's talk about how you can find your place here at Stifel, where success meets success.

At Stifel we offer an entrepreneurial environment, comprehensive benefits package to include health, dental and vision care, 401k, wellness initiatives, life insurance, and paid time off.

Stifel is an Equal Opportunity Employer.