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2025-01-22

Alpha Capture Quantitative Researcher

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Balyasny Asset Management
Alpha Capture Quantitative Researcher
New York, US
175,000 - 225,000
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Job Description

OVERVIEW

We are looking for a Quantitative Researcher to join the Alpha Capture team. This is an entry-level position based in Chicago. Alpha Capture is a systematic investment team within L/S Equity at BAM. Our team manages central equity portfolios for the multi-strategy platform, driving higher risk-adjusted net returns for investors. We are a highly collaborative team that meets regularly to discuss ongoing research efforts, share findings, and brainstorm new initiatives. We are looking for someone who is highly detail-oriented, a dependable teammate that can deliver rigorous research and contribute to the core trading strategies.

RESPONSIBILITIES

  • Conduct quantitative research relating to all aspects of investment process, including alpha ideas, portfolio construction, and trading
  • Identify practical and economically justified hypotheses for process improvements
  • Communicate findings to the team, soliciting feedback, and iteratively refining the core ideas until improvement can be demonstrated
  • Write robust, thoroughly tested and peer reviewed code to “productionize” improvements for the investment strategy and process
  • Prioritize and manage multiple tasks and projects concurrently to meet/exceed deadline

QUALIFICATIONS

  • Master’s or PhD in Computer Science, Statistics, Physics, Financial Engineering or related quantitative fields

  • Ideally 1-3 years of working experience in quant research / equities / buyside

  • Solid knowledge of probability, statistics, data structures and algorithms

  • Excellent programming skills in Python, R, C/C++, SQL, unix/linux shell scripting

  • Comfortable working with complex large datasets and apply statistical methods appropriately

  • Strong problem solving skills and ability to identify and implement appropriate solutions

  • Ability to communicate complex ideas clearly; solid analytical, writing, verbal, technical skills

  • Outstanding attention to detail and strong organization skills

  • Pragmatic and have a can-do attitude in approaching real-world investment problems

With respect to NY and CA based applicants, the starting base pay range for this role is between $175000 and $225000 annually. The actual base pay is dependent upon several factors, including, but not limited to, relevant experience, business needs and market demands. This role may also be eligible for bonus compensation and employee benefits.

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