Quantitative Researcher
Key Skills
Job Description
- Persistent Drive to Improve - Do you have an innate desire to rise to the next level, even after great accomplishment?
- Creative Problem Solving and Probabilistic Thinking - You must enjoy learning and implementing new concepts quickly, combining knowledge from different domains to create new ideas, and take a data-driven and probabilistic approach to testing and implementing new ideas.
- Team Mindset - We want people who understand 1+1 > 2 and are as committed to making the team better through sharing ideas as they are driven to improve their individual performance.
- Mental Flexibility & Self Awareness - You’ll have to frequently adapt based on new data, results, and feedback on your trading ideas and your performance.
- Orientation for Making Money - Although we value academic training, our work is not an academic exercise. We take a hacker’s approach to testing ideas, dropping projects that consume time without high upside, and focusing our next efforts on what will create the most value for the firm.
- Strong intuition and deep thinking with data sets - Designs new alphas, understands complex systems; knows where to start, or ask others where to start
- Demonstrates strong “hacking” ability to quickly get into data to look for empirical relationships and decipher noise or signal
- Familiarity with classical statistical methods and knows when and how to apply them in a rigorous fashion; Easily learns how to apply new statistical methods; will seek out and learn new methods to better solve problems
- Constantly questions finance/trading data and stays motivated to seek answers despite most often proving that there is no correlation or signal
- Experience in setup of research framework and execution of projects
- Understanding of financial products, market dynamics, and microstructure
- Low-level computer languages like C++ or Python, Java, etc.; awareness of strength in particular language and ability to solve more complex problems due to understanding nuances of the language
Core Responsibilities
The Quantitative Researcher will identify trading opportunities and develop new alphas by analyzing complex data sets. They will collaborate on various projects to contribute directly to the firm's bottom line and improve trading strategies.
Requirements
Candidates should possess strong analytical skills in fields like mathematics, physics, or computer science, along with proficiency in programming languages such as C++, Python, or Java. A creative, data-driven mindset and the ability to implement new statistical concepts quickly are essential for success in this role.
Benefits
- Competitive salary
- Quarterly bonus
About Radix Trading Experienced Job Board
Industry: Financial Services
Company size: 51-200 employees
Radix Trading is a privately funded proprietary trading firm employing research-driven strategies on major electronic markets around the world. We are headquartered in the River North neighborhood in downtown Chicago and also have offices in New York City and Amsterdam. For open employment opportunities, please visit: https://radix-trading.com/#careers