Systematic Equity Trader

Trading Interview; New York (NY); On-site; USD 150,000 - 225,000; Full time

Benefits offered by this job

Medical, Dental, Vision, Disability, &

Life Insurance

On-site meals (free breakfast & lunch)

Tuition Reimbursement Program

401(k) with employer match

Paid Vacation, Sick, and ParentalLeave

Commuter benefits

Job summary

Old Mission Capital is hiring a Systematic Equity Trader in New York City to develop and implement systematic equity strategies. You will work with engineering and research to build strategies, pricing models, and risk controls.

The role emphasizes intraday alpha research, data analysis, and rapid model implementation using Python and C++ on Old Mission’s low-latency trading infrastructure.

Qualifications

• Bachelor’s degree or equivalent in a technical or scientific field.
• Extensive experience in quantitative/systematic trading, preferably equities or derivatives.
• Full stack trading strategy development: generation, execution, risk management.
• Proficiency in Python and/or C++.
• Excellent written and verbal communication skills.
• Self-starter aiming to build a trading desk at Old Mission.

Responsibilities

• Collaborate with engineering and research teams to develop trading strategies, pricing models, and risk techniques.
• Work on intraday/short-term alpha research: data gathering, analysis, and model implementation.
• Use statistical learning on datasets to build predictive models.
• Design and implement short-term trading strategies using Python and C++ on low-latency infra.

Skills

Quantitative trading

Full stack trading

Python

C++

Communication

Education

Bachelor’s degree or equivalent in CS/Engineering/Math/Stats/Finance/Economics

Tools

Python

C++

Job description

Old Mission is a global proprietary trading firm that leverages state-of-the-art technology and research to identify and execute profitable trading strategies across multiple asset classes around the world. Our offices in Chicago, New York, and London are all composed of naturally-curious individuals who thrive in a team environment and constantly strive for improvement.

Old Mission does not seek capital from outside investors, allowing us the flexibility to aggressively invest in our team members and keep them engaged in the firm’s growth.

About the Position

Old Mission Capital, a global quantitative proprietary trading firm, is hiring a Systematic Equity Trader to work in our New York City office. The Systematic Equity Trader will be responsible for developing and implementing systematic equity strategies.

Responsibilities

• Work closely with internal engineering and research teams to develop proprietary trading strategies, theoretical pricing models, and risk management techniques.


• Collaborate with the team on intraday/short-term alpha research, focusing on idea generation, data gathering, research/analysis, and model implementation for systematic trading strategies.


• Utilize sound financial insight and statistical learning techniques to explore, analyze, and harness a wide range of datasets building predictive models.


• Design and implement short-term trading strategies using Python and C++ which use Old Mission’s low-latency trading infrastructure to produce superior risk-adjusted returns.

Required Skills

• Bachelor’s degree or equivalent degree in Computer Science, Engineering, Mathematics, Statistics, Finance, Economics, or a related technical or scientific field.


• Extensive experience in quantitative/systematic trading, ideally in cash equities (domestic and foreign markets) or equity derivatives (futures, ETFs, etc).


• Full stack trading strategy development skills and experience, including model/signal generation, strategy, execution, optimization, and risk management.


• Ability to write software in Python, C++, or both.


• Excellent written and oral communication skills.


• Self-starter with a strong desire to build a successful trading desk at Old Mission.

Benefits and Perks

• Fully paid Medical, Dental, Vision, Disability, and Life Insurance


• Fully stocked kitchen; free breakfast and lunch every day on-site


• Tuition Reimbursement Program


• 401(k) with employer match


• Paid Vacation, Sick, and Parental leaves


• Commuter and Flexible Spending Programs

Base Salary Range

$150,000 - $225,000 - Salaries are based on numerous factors such as skills, experience, and education. Our compensation package also includes a discretionary bonus and a comprehensive benefits program for full-time employees.

Old Mission is not accepting unsolicited resumes from any staffing/search firms. All resumes submitted by staffing/search firms to any employee at Old Mission via-email, the Internet or directly without a valid signed search agreement will be deemed the sole property of Old Mission, and no fee will be paid in the event the candidate is hired by Old Mission.

This description was published by Old Mission Capital. Applications are handled on their careers site: we are not the employer and cannot process them.

Old Mission Capital is a quantitative market‑making firm founded in 2008. It prices "thousands of financial instruments globally" and has "traded trillions of dollars of securities using proprietary systems and…