Quantitative Researcher
Role Summary
At Citadel Securities, a leading global market maker, our team of quantitative researchers models the markets and brings trading strategies to life every day. Specifically, this team develops and tests automated quant trading strategies using sophisticated statistical techniques. We’re looking for an extraordinary quantitative researcher who is committed to our core values that include winning, acting with integrity, continuously learning, and cultivating a meritocracy.
Depending on your background and expertise, opportunities are available in Miami, Chicago, New York, London, Dublin, Zurich, Hong Kong or Sydney
Objectives
- Conduct research and statistical analyses in the evaluation of securities
- Work with large data sets, including unconventional data sources, to predict and test statistical market patterns
- Conceptualize valuation strategies, develop and continuously improve mathematical models, and translate algorithms into code
- Back test and implement trading models and signals in a live trading environment
Skills and Preferred Qualifications
- Advanced training in mathematics, statistics, physics, computer science, or another highly quantitative field
- Proficiency in probability & statistics (e.g. time-series analysis, machine learning, pattern recognition, NLP)
- Prior experience working in a data driven research environment
- Hands on programming experience in scripting (e.g. Python), analytical packages (e.g. R, Matlab) and/or compiled languages (e.g. C++)
- A background demonstrating strong analytical problem solving skills
- An ability to communicate advanced concepts in a concise and logical way
- Proficiency in creating and using algorithms to meticulously investigate and work through large data or error-checking problems
In accordance with New York City’s Pay Transparency Law, the base salary range for this role is $200,000 to $350,000. Base salary does not include other forms of compensation or benefits.
About Citadel Securities
Citadel Securities is the next-generation capital markets firm and a leading global market maker. We provide institutional and retail investors with the liquidity they need to trade a broad array of equity and fixed income products in any market condition. The brightest minds in finance, science and technology use powerful, advanced analytics to solve the market’s most critical challenges, turning big ideas into real-world outcomes.