Senior Quantitative Lead - Trading Algorithms

Millennium Management-posted 2 months ago
$160,000 - $250,000/Yr
Full-time • Senior
New York, NY
Real Estate
Resume
Match Score
Upload and Match ResumeTrack Jobs with Teal

The Central Liquidity Strategies (CLS) business manages a number of portfolios and products designed to optimize the firm's trading and execution approach by providing internal liquidity solutions for portfolio managers on both a risk and agency basis. We are seeking a highly driven, results-oriented Senior Quantitative Developer to with a strong background in building trading algorithms and a deep understanding of market microstructure and execution strategies to build a greenfield internal algorithmic trading platform. This role requires a combination of technical expertise, industry knowledge, and leadership skills to develop and optimize trading algorithms tailored to the businesses' trading objectives.

  • Developing custom trading algorithms with the goal tailored execution outcomes that implement our portfolio optimization approach.
  • Developing a framework that both relies on internal signals as well as facilitates its use by broader set of teams with their own signals, either independently or collaboratively.
  • Develop a framework of simulators that use market data and trade history (or models) to evaluate the efficacy of algorithmic logic changes.
  • Partner with quantitative research analysts to productionize market microstructure and short-term signal models.
  • Develop execution analysis reporting with appropriate benchmarks to evaluate the performance of custom algorithms.
  • Develop intraday and post-trade monitoring tools to monitor and troubleshoot algorithm performance.
  • 10+ years of relevant experience in the trading and finance industry.
  • Domain expert in the market microstructure of cash equities. Knowledge of liquid futures market structure is a bonus.
  • Significant hands-on development experience in event-driven, real-time trading processes.
  • Proficiency in C++ is preferred. If using Java, must demonstrate techniques that maximize runtime performance; proficiency with techniques that cover at best-in-class software-based latency; experience with FPGA a plus but not required.
  • Reasonable amount of experience with understanding and coding trade and market data.
  • Experience as a hands-on development lead, mentoring and guiding junior developers.
  • Bachelor's or Master's degree in CS, Electrical & Electronic Eng, Biochem, applied math or statistics.
  • Strong programming skills in C++ or Java, with a focus on event-driven real-time trading processes.
  • Excellent quantitative and analytical skills, with the ability to interpret complex data and develop actionable insights.
  • Strong verbal and written communication skills, with the ability to convey technical concepts to non-technical stakeholders.
  • Proven ability to solve complex problems and think critically in high-pressure situations.
  • Ability to work effectively in a team-oriented environment, collaborating with cross-functional teams.
  • Base salary range of $160,000 to $250,000.
  • Discretionary performance bonus.
  • Comprehensive benefits package.
Track Jobs with Teal

Job Search Resources

•
AI Resume Builder
•
Quant Trader Resume Examples
•
Cover Letter Examples

Tools

Career Hubs

Guides

Company

© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service