Schonfeld Strategic Advisors LLC has an opening for a Quantitative Researcher (Systematic Macro Trading Strategies) in New York, NY & Miami, FL.
The position duties are as follows: Responsible for developing, analyzing, and implementing key statistical trading strategies to power Schonfeld’s proprietary investment portfolios. Day-to-day job duties include:
- Study large, multivariate data sets to uncover statistical patterns and relationships by applying time-series, signal processing, and machine learning techniques;
- Research data-processing, alpha development, price prediction, portfolio construction, and execution components for systematic trading strategies;
- Apply advanced mathematical modeling techniques to verify and adapt trading strategies to correspond to evolving real world conditions;
- Keep abreast of the state of the art statistical research, adapting new techniques and statistical methods to financial datasets, and implementing research models in production;
- Build trading simulation systems and execution algorithms that utilize specialized knowledge of financial markets, exchanges, and products; and
- Use probability theory and market experience to develop transformation functions that can be effectively used as signals in trading strategies.
The position requires a Master’s Degree in Computer Science, Mathematics, Computer Engineering, Computational Finance, Information Systems or a closely-related quantitative field or foreign equivalent and at least 5 years of experience as a Quantitative Analyst, Quantitative Researcher, or Quantitative Trader or in an equivalent role. Experience must include:
- 5 years of experience developing, analyzing, and implementing statistical trading strategies
- 5 years of experience working with large multivariate data sets to uncover patterns and relationships by applying time-series, statistical inference, and machine learning techniques
- 5 years of experience utilizing probability theory, feature engineering, and market experience to create transformation functions that can be effectively used as signals in portfolio construction or execution strategies
- 4 years of experience building trading simulation systems and writing software required for connecting to exchanges for routing orders and parsing market data
- 3 years of experience developing and managing interactions with external applications using low-level C++ and clean coding design principles
- 3 years of experience participating in design and code reviews, designing and writing automated unit and functional tests, and solving production problems in a team-oriented environment
Part-time telecommuting permitted. Basepay for role expected between $175,000 - $200,000/year. Expected base pay range based on info at time post was generated. Role may be eligible for other forms of comp such as performance bonus & competitive benefits package. Actual compensation for successful candidate TBD based on a variety of factors such as skills, qualifications, & experience.
Resumes to Dylan Katz at [email protected]
Schonfeld Strategic Advisors LLC is an Equal Opportunity Employer.
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What We Do
Schonfeld Strategic Advisors is a global multi-manager platform that invests its capital with Internal and Partner portfolio managers, primarily on an exclusive or semi-exclusive basis, across quantitative, fundamental equity and tactical trading strategies. We have created a unique structure to provide global portfolio managers with autonomy, flexibility and support to best enable them to maximize the value of their businesses.
Over the last 30+ years, Schonfeld has successfully capitalized on inefficiencies and opportunities within the equity markets. We have developed and invested heavily in proprietary technology, infrastructure and risk analytics. Our portfolio exposure has expanded across the Americas, Europe and Asia as well as multiple asset classes and products. We look for ways to align the interests of investors, investment professionals and the firm, highlighted by the opportunity for investment professionals to co-invest in our funds and their individual strategies.