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Quant Strategy Developer Jobs in New York (NOW HIRING)

Junior Quant Researcher

Manhattan, NY ยท On-site

$60 - $80/hr

... strategies. Skill Set Required For Position * Quantitative background--includes degrees in Mathematics, Statistics, Econometrics, Financial Engineering, Operations Research, Computer Science and ...

Equity Vol Strat

Manhattan, NY ยท On-site

$400K/yr

Experience: 6-8 years as a quantitative strategist/developer in equity derivatives within a trading desk environment. * Product & Market Knowledge: * In-depth understanding of equity market data and ...

Quantitative Developer

Manhattan, NY ยท On-site

$125 - $150/hr

About Cubist Cubist Systematic Strategies, an affiliate of Point72, deploys systematic, computer ... engineering advance quantitative financial computer modeling systems to aid in analysis and ...

Quantitative Analyst (Quant)

New York, NY ยท On-site +1

$145K - $185K/yr

Backtesting & Strategy Validation: Conduct thorough backtesting of trading strategies, validate ... Programming & Automation: Write efficient code in languages such as Python, R, C++, or Java to ...

New

Quant Developer

New York, NY ยท On-site +1

You will design, build, and operate the strategies behind one of the largest asset managers in ... quant developers on our team build, ship, and stand behind. This is not a research seat where ...

Quant Developer

Manhattan, NY ยท On-site

$150 - $200/hr

You will design, build, and operate the strategies behind one of the largest asset managers in ... quant developers on our team build, ship, and stand behind. This is not a research seat where ...

... of quantitative and programming abilities. Members of their technical staff collaborate on ... our computerized trading strategies, developing distributed systems to analyze and react to ...

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Quant Strategy Developer information

What is a quant strategy developer?

Quant Strategy Developers are professionals who design, develop, and implement quantitative trading strategies using mathematical models, statistical analysis, and programming skills. They typically work in financial institutions like hedge funds, investment banks, or proprietary trading firms. Their main role involves researching market data, building and testing trading algorithms, and collaborating with traders and other technical teams to optimize performance. They utilize programming languages such as Python, C++, or Java and have a strong background in mathematics, statistics, and finance.

What skills and qualifications are needed to thrive as a quant strategy developer?

To thrive as a Quant Strategy Developer, you need strong quantitative analysis skills, proficiency in programming (typically Python, C++, or Java), and a solid background in mathematics, statistics, or finance, often supported by an advanced degree. Familiarity with data analysis libraries, statistical modeling tools, and version control systems like Git is common, and experience with financial market data platforms is highly valued. Exceptional problem-solving abilities, attention to detail, and effective communication skills help you collaborate with traders and other stakeholders. These skills are crucial for designing robust, data-driven trading strategies that perform well in dynamic and competitive financial markets.

What are common challenges faced by quant strategy developers when collaborating with traders and other stakeholders?

Quant Strategy Developers often work closely with traders, risk managers, and other team members to translate complex quantitative models into actionable trading strategies. A common challenge is ensuring clear communication between technical and non-technical stakeholders, as well as adapting models to real-time market conditions and feedback. Balancing innovation with risk management, maintaining robust code, and quickly iterating on strategies in response to market changes are also key aspects of the role. Effective collaboration and adaptability are essential for success in this dynamic environment.

What is the difference between Quant Strategy Developer vs Quant Research Analyst?

AspectQuant Strategy DeveloperQuant Research Analyst
Required CredentialsDegree in Mathematics, Finance, or Computer Science; often requires programming skillsDegree in similar fields; strong analytical and statistical skills
Work EnvironmentDevelops trading strategies, collaborates with traders and developersConducts research, analyzes data, and tests models
Employer & Industry UsageFinancial firms, hedge funds, proprietary trading desksAsset management firms, hedge funds, financial institutions

While both roles involve quantitative analysis, the Quant Strategy Developer focuses on creating and implementing trading algorithms, whereas the Quant Research Analyst primarily conducts research and develops models to inform trading decisions. The roles often overlap but differ in their core responsibilities and focus areas.

Junior Quant Researcher

Manhattan, NY โ€ข On-site

$60 - $80/hr

Other

Medical, Dental, Retirement

Posted 7 days ago


Job description

Role: Junior Quant Researcher

Squarepoint is a global investment management firm that utilizes a diversified portfolio of systematic and quantitative strategies across financial markets that seeks to achieve high quality, uncorrelated returns for our clients. We have deep expertise in trading, technology and operations and attribute our success to rigorous scientific research. As a technology and data-driven firm, we design and build our own cutting-edge systems, from high performance trading platforms to large scale data analysis and compute farms. With offices around the globe, we emphasize true, global collaboration by aligning our investment, technology and operations teams functionally around the world.

Overview of Quant Researcher Position
  • Research and implement strategies within the firm's automated trading framework.
  • Analyze large data sets using advanced statistical methods to identify trading opportunities.
  • Develop a strong understanding of market structure of various exchanges and asset classes.
Typical Day of Quant Researcher
  • Primary focus throughout the day is on researching and implementing trading ideas.
  • Before market open, check that all required data and related processes are ready for the trading day.
  • During market hours, sporadically monitor behavior and performance of strategies.
Skill Set Required For Position
  • Quantitative backgroundโ€”includes degrees in Mathematics, Statistics, Econometrics, Financial Engineering, Operations Research, Computer Science and Physics.
  • Programming proficiency with at least one major programming or scripting language (e.g., C++, Java, Python).
  • Strong communication skills and ability to work well with colleagues across multiple regions.
  • Ability to work well under pressure.

The minimum base salary for this role is $60,000 if located in New York. This expectation is based on available information at the time of posting. This role may be eligible for discretionary bonuses, which could constitute a significant portion of total compensation. This role may also be eligible for benefits, such as health, dental, and other wellness plans, as well as 401(k) contributions. Successful candidates' compensation and benefits will be determined in consideration of various factors.

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