Job Location: 100 Avenue of the Americas, New York, NY 10013
Note: Company “Hybrid” work attendance policy: In-office work attendance required at the aforementioned office address for collaboration days based on each team’s requirement; telecommuting / working from home is permissible for remainder of the same month.
Duties: Conducting alpha research on both short-term and long-term forecast models to identify and exploit trading opportunities using various strategies. Performing data analysis across diverse markets and alternative data sources, as well as derived trading data, to uncover revenue-generating opportunities. Quantitative analysis involving the development of new models and enhancement of existing models using derived data sets from alternative data sources. Designing and implementing quantitative models to support trading strategies.
Minimum education and experience required: Master’s degree or the equivalent in Finance, Statistics, Mathematics, Computer Science or related field; OR Bachelor’s degree or the equivalent in Finance, Statistics, Mathematics, Computer Science, or related field and 1 year of experience in quantitative research or related experience.
Skills required: Must have demonstrated knowledge with cleaning, modifying, and analyzing large-scale datasets (>5GB) using advanced data analysis techniques and tools, such as distributed computing tools including PySpark, database management tools such as SQL. Must have demonstrated knowledge with statistical modeling of large-scale data with a strong foundation in Calculus, Probability, Statistics, and Linear Algebra. Must have demonstrated knowledge with designing optimization utility functions and analyzing optimized parameters for effective problem-solving. Must have demonstrated knowledge with Python along with experience using data analysis packages like Python, NumPy, Pandas, SciPy, matplotlib, and scikit-learn. Must have demonstrated knowledge with documenting model proposals and releases for senior management; and generating reports of research processes, methodologies and results to for senior management’s review. Must have demonstrated knowledge with micro and macroeconomics, knowledge of implications of monetary policies and central banking in market dynamics, foundations in financial accounting, corporate finance, to enhance comprehension of fundamental data and alternative data. Must pass company’s required skills assessment. Employer will accept any amount of experience with the required skills.
The base pay for this role will be between $165,000 and $325,000 per year. This role may also be eligible for other forms of compensation and benefits, such as a discretionary bonus, health, dental and other wellness plans and 401(k) contributions. Discretionary bonus can be a significant portion of total compensation. Actual compensation for successful candidates will be carefully determined based on a number of factors, including their skills, qualifications and experience.
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