Quantitative Researcher Jobs

About The Position

Requirements

• Advanced degree (PhD or Master's) in Mathematics, Statistics, Physics, Financial Engineering, Computer Science, or related quantitative field
• 3-8 years of experience in quantitative research, risk management, or trading at a financial institution
• Strong understanding of equity markets, portfolio theory, and risk models
• Expert programming skills in Python and kdb+/q (required)
• Strong knowledge of statistics, numerical methods, and optimization techniques
• Experience with portfolio optimization algorithms and large-scale data processing
• Familiarity with risk systems (Axioma, Barra, Bloomberg PORT) and market data platforms

Responsibilities

• Design and implement quantitative models for equity portfolio risk management, including factor models, correlation structures, and tail risk analytics
• Develop portfolio optimization frameworks for rebalancing, hedging strategies, and capital allocation
• Build real-time risk monitoring systems tracking P&L attribution, Greeks, and exposure metrics
• Perform scenario analysis and stress testing under various market conditions
• Design and enhance algorithmic execution strategies for optimal portfolio rebalancing and risk reduction
• Develop transaction cost analysis (TCA) models and execution quality metrics
• Build algorithms for smart order routing, liquidity-seeking, and market impact minimization
• Optimize execution schedules balancing urgency, market impact, and timing risk
• Support management of the firm's central equity risk book, including inventory optimization
• Develop models to price and manage residual risk from client facilitation and market making
• Create tools for evaluating trade-offs between risk reduction, capital efficiency, and revenue generation
• Collaborate with trading desks to implement risk mitigation strategies

Benefits

• 401(k) eligibility
• various paid time off benefits, such as vacation, sick time, and parental leave
• sign-on bonus
• restricted stock units
• discretionary awards
• full range of medical, financial, and/or other benefits