Senior Quantitative Trader

Placements24; Windsor Park (TN); On-site; USD 162,000 - 242,000; Full time

Benefits offered by this job

Competitive base salary

Performance-based bonuses

Comprehensive health benefits

State-of-the-art trading technology

Job summary

Placements24 is seeking a Senior Quantitative Trader to join the East London desk. You will design, test, and deploy quantitative strategies across equities, futures, options, and FX, leveraging advanced models and rapid decision-making.

The role requires 5+ years in quantitative trading, a PhD/masters in a quantitative field, and proficiency in Python, C++, Java, or R. Expect a high-frequency, results-driven environment with strong research collaboration.

Qualifications

• Advanced degree in a highly quantitative field is required.
• Minimum 5 years of experience in quantitative trading.
• Proficient in Python, C++, Java, or R for strategy development and analysis.
• Strong understanding of market microstructure and statistical arbitrage.

Responsibilities

• Design, back-test and deploy quantitative trading strategies across asset classes.
• Execute trades using proprietary algo systems and manage real-time risk.
• Monitor markets, news, and data feeds for opportunities and risks.
• Collaborate with researchers and engineers to improve models and infrastructure.
• Analyze performance and implement strategy enhancements.
• Manage portfolio risk including position sizing and exposure limits.
• Stay updated on trading tech and data analysis advancements.
• Contribute to research and development of new ideas.

Skills

Python

C++

Java

R

Market microstructure

Education

Master's or PhD in Financial Engineering/ Mathematics/ CS/ Physics/ Statistics

Job description

About the Role

Our client, a highly reputable proprietary trading firm, is actively seeking an exceptional Senior Quantitative Trader to join their sophisticated trading desk in East London . This demanding role involves the development, implementation, and execution of quantitative trading strategies across various asset classes. You will leverage advanced mathematical modeling, statistical analysis, and programming skills to identify profitable trading opportunities and manage risk effectively. The ideal candidate possesses a profound understanding of market microstructure, sophisticated algorithmic trading techniques, and a proven ability to perform under pressure in a high-frequency trading environment. This is a unique opportunity to work with a team of world-class traders and quantitative researchers in a challenging and intellectually stimulating setting in East London . Your expertise will be pivotal in driving alpha generation and contributing to the firm's trading success. The role demands continuous innovation and adaptation to evolving market dynamics and technological advancements.

Key Responsibilities

• Design, develop, back-test, and deploy quantitative trading strategies for equities, futures, options, or FX markets.
• Execute trades using proprietary algorithmic trading systems, managing positions and risk parameters in real-time.
• Continuously monitor market conditions, news, and data feeds for trading opportunities and risks.
• Collaborate with quantitative researchers and software engineers to refine trading models and infrastructure.
• Analyze trade performance, identify areas for improvement, and implement enhancements to strategies.
• Manage portfolio risk, including position sizing, stop-loss levels, and overall exposure limits.
• Stay abreast of technological advancements in trading systems and data analysis.
• Contribute to the firm's research efforts and the development of new trading ideas.

Requirements

• Master's or Ph.D. in a highly quantitative field such as Financial Engineering, Mathematics, Computer Science, Physics, or Statistics.
• Minimum of 5 years of experience as a quantitative trader or in a similar quantitative role within a trading firm or hedge fund.
• Proven track record of developing and implementing successful quantitative trading strategies that have generated consistent profits.
• Proficiency in programming languages commonly used in quantitative finance, such as Python, C++, Java, or R.
• Deep understanding of financial market microstructure, order book dynamics, and statistical arbitrage.
• Experience with risk management techniques and tools relevant to trading portfolios.
• Strong analytical, problem-solving, and critical thinking skills.
• Excellent communication and teamwork abilities, crucial for collaborating with research and development teams.
• Ability to thrive in a fast-paced, results-driven trading environment in East London .

Benefits

• Our client offers an exceptionally competitive compensation package, including a significant base salary, substantial performance-based bonuses tied directly to trading P&L, and comprehensive health benefits.
• We provide opportunities for continuous learning through access to cutting-edge research, advanced training programs, and industry conferences.
• The East London office is equipped with state-of-the-art trading technology and offers a high-performance work culture.
• While this role requires a strong presence in the trading environment, the firm values employee well-being and supports work-life balance through its culture.
• This position offers unparalleled career growth opportunities at the forefront of quantitative trading, working with leading professionals in the field.