Schonfeld
Overview
Quantitative Researcher – Trading & Execution at Schonfeld. The role focuses on systematic execution and trading research globally, collaborating with portfolio managers, traders, technologists, operations specialists, and brokers to conduct research, develop electronic trading algorithms and solutions, and build analytics and tools. What You’ll Do
The Quantitative Execution Researcher will integrate execution research into trading decisions, aiming to reduce trading costs through rigorous measurement, research, and experimentation. Responsibilities include establishing a framework to capture and normalize datasets for measuring and monitoring systematic execution, estimating statistical significance in execution performance across algorithms and parameters, maintaining strategy routing tables to probabilistically direct flow across brokers and algorithms, developing and calibrating market impact models for real-time systems and simulations, evaluating academic research related to trading costs, market microstructure, and micro-pricing, and providing expertise to the development team on optimal order scheduling, routing, slicing, and venue selection. What You’ll Bring
What you need: PhD or master’s degree, ideally in mathematics, statistics, computer science, financial engineering, or a related field. Minimum of 3 years of experience in execution research and algorithmic trading. Self-starter with an entrepreneurial spirit and a passion for quantitative finance. Excellent analytical skills with a strong foundation in modeling, statistics, probability, and optimization. Strong knowledge of equities trading, market microstructure/micro-pricing, and hedge fund operations. Solid programming skills, including Linux, KDB/Q, and Python. Ability to manage multiple tasks in a fast-paced environment with strong attention to detail. Excellent communication skills and the ability to collaborate effectively with others. We’d Love If You Had
Experience with optimization, machine learning, and data visualization. Ability to work independently and identify opportunities to create and improve systems without direction. Prior experience in trading signals and/or alpha research is a plus. Who We Are
Schonfeld Strategic Advisors is a global multi-strategy, multi-manager investment platform that harnesses the transformative power of people to perform in all market environments. Our dynamic culture inspires better outcomes for our team, our investors, and our partners. We aim to consistently deliver risk-adjusted returns, with people driving performance. We specialize in four core strategies: Quantitative Trading, Fundamental Equity, Tactical Trading, and Discretionary Macro & Fixed Income. We capitalize on inefficiencies and opportunities within the markets, drawing from a significant investment in proprietary technology, infrastructure, and risk analytics. We invest through internal portfolio managers and external partner funds, pursuing alignment among investors, investment professionals, and the firm. Our footprint spans 7 countries and 19 offices. Our Culture
Talent is our strategy. We value teamwork, collaboration, and openness to ideas at all levels. We provide learning and educational offerings and opportunities to make an impact. We are committed to Diversity, Equity, and Inclusion and strive to create a fair, welcoming, and supportive hiring process. Compensation
The base pay for this role is expected to be between $150,000 and $225,000. This role may be eligible for other forms of compensation such as a performance bonus and a competitive benefits package. Actual compensation will be determined based on skills, qualifications, and experience. Seniority level
Mid-Senior level Employment type
Full-time Job function
Finance and Sales Referrals increase your chances of interviewing at Schonfeld by 2x
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Quantitative Researcher – Trading & Execution at Schonfeld. The role focuses on systematic execution and trading research globally, collaborating with portfolio managers, traders, technologists, operations specialists, and brokers to conduct research, develop electronic trading algorithms and solutions, and build analytics and tools. What You’ll Do
The Quantitative Execution Researcher will integrate execution research into trading decisions, aiming to reduce trading costs through rigorous measurement, research, and experimentation. Responsibilities include establishing a framework to capture and normalize datasets for measuring and monitoring systematic execution, estimating statistical significance in execution performance across algorithms and parameters, maintaining strategy routing tables to probabilistically direct flow across brokers and algorithms, developing and calibrating market impact models for real-time systems and simulations, evaluating academic research related to trading costs, market microstructure, and micro-pricing, and providing expertise to the development team on optimal order scheduling, routing, slicing, and venue selection. What You’ll Bring
What you need: PhD or master’s degree, ideally in mathematics, statistics, computer science, financial engineering, or a related field. Minimum of 3 years of experience in execution research and algorithmic trading. Self-starter with an entrepreneurial spirit and a passion for quantitative finance. Excellent analytical skills with a strong foundation in modeling, statistics, probability, and optimization. Strong knowledge of equities trading, market microstructure/micro-pricing, and hedge fund operations. Solid programming skills, including Linux, KDB/Q, and Python. Ability to manage multiple tasks in a fast-paced environment with strong attention to detail. Excellent communication skills and the ability to collaborate effectively with others. We’d Love If You Had
Experience with optimization, machine learning, and data visualization. Ability to work independently and identify opportunities to create and improve systems without direction. Prior experience in trading signals and/or alpha research is a plus. Who We Are
Schonfeld Strategic Advisors is a global multi-strategy, multi-manager investment platform that harnesses the transformative power of people to perform in all market environments. Our dynamic culture inspires better outcomes for our team, our investors, and our partners. We aim to consistently deliver risk-adjusted returns, with people driving performance. We specialize in four core strategies: Quantitative Trading, Fundamental Equity, Tactical Trading, and Discretionary Macro & Fixed Income. We capitalize on inefficiencies and opportunities within the markets, drawing from a significant investment in proprietary technology, infrastructure, and risk analytics. We invest through internal portfolio managers and external partner funds, pursuing alignment among investors, investment professionals, and the firm. Our footprint spans 7 countries and 19 offices. Our Culture
Talent is our strategy. We value teamwork, collaboration, and openness to ideas at all levels. We provide learning and educational offerings and opportunities to make an impact. We are committed to Diversity, Equity, and Inclusion and strive to create a fair, welcoming, and supportive hiring process. Compensation
The base pay for this role is expected to be between $150,000 and $225,000. This role may be eligible for other forms of compensation such as a performance bonus and a competitive benefits package. Actual compensation will be determined based on skills, qualifications, and experience. Seniority level
Mid-Senior level Employment type
Full-time Job function
Finance and Sales Referrals increase your chances of interviewing at Schonfeld by 2x
#J-18808-Ljbffr