Raymond James Financial Services
VP, Quantitative Analyst-Developer, Electronic Equity Trading
Raymond James Financial Services, New York, New York, us, 10261
Job Description Summary
Under limited direction, with a high level of autonomy, uses extensive knowledge and skills obtained through education and experience to enhance and support a wide variety of projects assigned by the Lead Quant, Equity Trading, related to algo-enhancement & development, creating back-testing framework, and related data-analytics projects. Leads the design and oversees the creation and deployment of algo enhancement and additions while leveraging internal sources and coordinating with external vendors. Works independently to complete complex task within the timeframe provided. Uses understanding of the goal to generate ideas and enhancements that provide a more complete and effective product.
Job Description
Essential Duties And Responsibilities Develops and implements added execution algos and enhancements for Raymond James electronic trading business. Analyzes and provides quantitative analysis of Raymond James (RJ) historical trade data from several sources. Creates back-testing models to evaluate and optimize the firm's trading strategies. Initiates and maintains excellent working rapport with business contacts. Takes new ideas, methods, or models and implements them efficiently. Work on other quantitative tasks assigned by the group. Recommend and implement enhancements and improvements to our electronic trading product offering. Work with various internal teams to understand existing and new trading applications and processes employed to develop, test, deploy, support and troubleshoot them. Disseminates information to the Raymond James (RJ) Electronic Trading team and clients on a timely basis. Communicate with vendors to drive the evolution of platforms and work with new vendors on opportunities to deliver new methods, or models to implement efficiently. Perform in-depth venue analysis, market structure analysis, pre- and post-transaction cost analysis and algorithmic customization for clients. Performs and manages other quantitative duties and responsibilities as assigned. Raymond James Guiding Behaviors At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view.
We Expect Our Associates At All Levels To
Grow professionally and inspire others to do the same Work with and through others to achieve desired outcomes Make prompt, pragmatic choices and act with the client in mind Take ownership and hold themselves and others accountable for delivering results that matter Contribute to the continuous evolution of the firm Knowledge of:
Company's working structure, policies, mission, and strategies. Global Equity Market structure. Working within various databases. Programming (C++, JAVA, C-Sharpe, Python), desired. Financial markets and products. Advanced concepts, practices, and procedures of Market Structure, Electronic and Algorithmic Trading, Portfolio Trading, ATS and Dark Pool functionality, working with Tick-data and Programming desired. Order Management and Trading Systems, Smart Order Routers, and CSA management. Regulations and Compliance. TCA and Data Analytics, network concepts, topologies, and technologies. Principles of banking and finance and securities industry operations. Skill in:
Using technical/professional knowledge and interpersonal skills to obtain others' commitment to ideas, services, or products. Strong project and time management skills. Business and product development, strategic planning, direct client interaction and communication, training and staff development, systems integration, trade surveillance. Advanced math and analytics sufficient for quantitative analysis. Identifying relationships, draw logical conclusions, and interpret results. Operating standard office equipment and using required software application to produce correspondence, reports, electronic communication, and spreadsheets. Ability to:
Work in a fast-paced, dynamic environment, as well as collaboratively in a team driven environment while also being able to work independently and remain calm under pressure. Self-motivate, multi-task and work independently. Read, interpret, analyze and apply information from industry data. Organize, manage, and track multiple detailed tasks and assignments with critical deadlines. Use appropriate interpersonal styles and communicate effectively, both verbally and in writing with all organizational levels. Attend to detail while maintaining a big picture orientation. Project a positive, professional image both internal and with external business contacts. Convey information clearly and effectively through both formal and informal documents. Educational/Previous Experience Requirements
Bachelor's Degree (B.A. or B.S.) in Mathematics, Engineering, Finance, Accounting, Computer Science, Statistics or Financial Engineering or Business and a minimum of (5) five to (7) seven years of experience in Quantitative Development & Research. ~or~ Any equivalent combination of experience, education, and/or training approved by Human Resources. Licenses/Certifications
SIE, FINRA Series 7, Series 55 and Series 63 Licenses. (Preferable but not required)
Education Bachelor's: Accounting (Required), Bachelor's: Business Administration (Required), Bachelor's: Finance (Required)
Work Experience General Experience - 6 to 10 years
Certifications Securities Industry Essentials Exam (SIE) - Financial Industry Regulatory Authority (FINRA)
Salary Range $130,000.00-$200,000.00
Travel
Workstyle Resident
At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view.
We expect our associates at all levels to: • Grow professionally and inspire others to do the same • Work with and through others to achieve desired outcomes • Make prompt, pragmatic choices and act with the client in mind • Take ownership and hold themselves and others accountable for delivering results that matter • Contribute to the continuous evolution of the firm
At Raymond James - as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates. When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.
Job Description
Essential Duties And Responsibilities Develops and implements added execution algos and enhancements for Raymond James electronic trading business. Analyzes and provides quantitative analysis of Raymond James (RJ) historical trade data from several sources. Creates back-testing models to evaluate and optimize the firm's trading strategies. Initiates and maintains excellent working rapport with business contacts. Takes new ideas, methods, or models and implements them efficiently. Work on other quantitative tasks assigned by the group. Recommend and implement enhancements and improvements to our electronic trading product offering. Work with various internal teams to understand existing and new trading applications and processes employed to develop, test, deploy, support and troubleshoot them. Disseminates information to the Raymond James (RJ) Electronic Trading team and clients on a timely basis. Communicate with vendors to drive the evolution of platforms and work with new vendors on opportunities to deliver new methods, or models to implement efficiently. Perform in-depth venue analysis, market structure analysis, pre- and post-transaction cost analysis and algorithmic customization for clients. Performs and manages other quantitative duties and responsibilities as assigned. Raymond James Guiding Behaviors At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view.
We Expect Our Associates At All Levels To
Grow professionally and inspire others to do the same Work with and through others to achieve desired outcomes Make prompt, pragmatic choices and act with the client in mind Take ownership and hold themselves and others accountable for delivering results that matter Contribute to the continuous evolution of the firm Knowledge of:
Company's working structure, policies, mission, and strategies. Global Equity Market structure. Working within various databases. Programming (C++, JAVA, C-Sharpe, Python), desired. Financial markets and products. Advanced concepts, practices, and procedures of Market Structure, Electronic and Algorithmic Trading, Portfolio Trading, ATS and Dark Pool functionality, working with Tick-data and Programming desired. Order Management and Trading Systems, Smart Order Routers, and CSA management. Regulations and Compliance. TCA and Data Analytics, network concepts, topologies, and technologies. Principles of banking and finance and securities industry operations. Skill in:
Using technical/professional knowledge and interpersonal skills to obtain others' commitment to ideas, services, or products. Strong project and time management skills. Business and product development, strategic planning, direct client interaction and communication, training and staff development, systems integration, trade surveillance. Advanced math and analytics sufficient for quantitative analysis. Identifying relationships, draw logical conclusions, and interpret results. Operating standard office equipment and using required software application to produce correspondence, reports, electronic communication, and spreadsheets. Ability to:
Work in a fast-paced, dynamic environment, as well as collaboratively in a team driven environment while also being able to work independently and remain calm under pressure. Self-motivate, multi-task and work independently. Read, interpret, analyze and apply information from industry data. Organize, manage, and track multiple detailed tasks and assignments with critical deadlines. Use appropriate interpersonal styles and communicate effectively, both verbally and in writing with all organizational levels. Attend to detail while maintaining a big picture orientation. Project a positive, professional image both internal and with external business contacts. Convey information clearly and effectively through both formal and informal documents. Educational/Previous Experience Requirements
Bachelor's Degree (B.A. or B.S.) in Mathematics, Engineering, Finance, Accounting, Computer Science, Statistics or Financial Engineering or Business and a minimum of (5) five to (7) seven years of experience in Quantitative Development & Research. ~or~ Any equivalent combination of experience, education, and/or training approved by Human Resources. Licenses/Certifications
SIE, FINRA Series 7, Series 55 and Series 63 Licenses. (Preferable but not required)
Education Bachelor's: Accounting (Required), Bachelor's: Business Administration (Required), Bachelor's: Finance (Required)
Work Experience General Experience - 6 to 10 years
Certifications Securities Industry Essentials Exam (SIE) - Financial Industry Regulatory Authority (FINRA)
Salary Range $130,000.00-$200,000.00
Travel
Workstyle Resident
At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view.
We expect our associates at all levels to: • Grow professionally and inspire others to do the same • Work with and through others to achieve desired outcomes • Make prompt, pragmatic choices and act with the client in mind • Take ownership and hold themselves and others accountable for delivering results that matter • Contribute to the continuous evolution of the firm
At Raymond James - as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates. When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.