This is an IT support group | Quantitative Researcher
12 hours ago
A Quantitative Researcher is needed to join a small group of the firm’s experts in execution trading. We are at the forefront of the firm’s industry-leading initiatives to apply technology, quantitative analysis and data-driven methods to its execution process. We are simultaneously quantitative analysts, applied statisticians, trading economists, and data scientists.
The team leverages its analysis of the firm’s trading to inform decision-making at both the highest levels of the firm and at the very finest detail. The work requires deep understanding of markets and modern electronic trading as well as familiarity with traditional business practices. The group’s mandate is broadly to optimize the firm’s execution by evaluating trading choices, both strategic and tactical, and helping to design better alternatives. The group’s focus is to build the firm’s capabilities primarily in global cash equities but also in global multi-asset futures, listed options and FX. The group’s responsibilities are global. We work closely with the firm’s global head of execution services and the three central trading desks (Asia, US and Europe).
We consult, advise, and assist the firm’s traders and portfolio managers to improve their trading. We collaborate with the firm’s technologists to enhance trading systems and build new products. We maintain working relationships with our sell-side broker partners to help with the evaluation and design of their algorithms and other trading services.
Responsibilities
Design and maintenance of the execution analysis system
Design and create scripts, reports, and visual tools for analysis
Do science: formulate and test hypotheses, design tests, interpret results
Conduct research, identify patterns, evaluate trends on various aspects of execution and trade optimization
Analyze trading performance (TCA) looking for possible opportunities to improve execution quality firm wide and for PM groups
Build and maintain relationships with sell-side brokers and traders
Monitor and operation automated trading systems as directed
Communicate all ideas, questions, and conclusions concisely and effectively
Contribute to regular data maintenance—monitoring and cleaning
Develop expertise in the firm’s trading practices and industry developments
Required skills/experience:
2-10 years of experience in related financial institutions focused in Analytics/Research/Optimization
Scientific education, preferably degree(s) in statistics, mathematics, or computer science
Understanding of the basic principles of statistical inference
Strong programming skills and experience essential
Proficiency with basic tools (Unix, Windows, Excel) essential
Familiarity with databases and experience with KDB/Q extremely helpful but not required
Familiarity with data-analysis tools—both statistical (R, etc) and visual (Tableau etc) helpful
Experience with electronic trading (markets, systems, mechanics) helpful, but not necessary
Experience with execution analysis helpful
First-rate communication skills, especially written
Detail oriented; Demonstrates thoroughness and strong ownership of work
Quick learner and able to prioritize in a fast moving, high pressure, constantly changing environment; Good sense of urgency
Ability to work independently and thoughtfully
Flexible teammate, with a willingness to interact and collaborate with other teams
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