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Global Quantitative Strategies | Quantitative Researcher

Job Description

About Global Quantitative Strategies (GQS)

Global Quantitative Strategies (GQS) is Citadel’s quantitative trading business. Agile teams of passionate quantitative researchers, engineers and traders work together to generate and monetize insights across the global capital markets. The business trades Equities, FICC, and Volatility products in an automated fashion around the world with horizons ranging from intraday to 20+ days. We apply leading-edge research techniques and technology to generate and monetize insights about the future.

Established in 2012, GQS has rapidly become an industry leader. Our commitment to excellence and collaboration has generated outsized impact at Citadel, and we invite team members who share our ambition to be the best.

Key Responsibilities

Conceptualize valuation strategies, develop and continuously improve upon mathematical models and help translate algorithms into code

Work closely with traders to interpret valuations and develop next generation models and analytics

Develop core algorithms and models leading directly to trading decisions

Evaluate financial data vendors; evaluate and work with new data sources and analytics packages in developing investment strategies

Provide high level technical and investment analytics support to the trade desks

Conduct research and statistical analyses about securities and commodities

Skillset Requirements

Ph.D. in Statistics, Computer Science, Mathematics, IEOR, Finance, Accounting, Economics, or a related field

Demonstrated ability to complete high level, investment related research

Prior experience in a quantitative role within a trading environment or experience in a position applying advanced quantitative techniques in solving highly complex data intensive problems

Strong analytical skills; experience working with and analyzing large datasets

Strong mathematical and statistical modeling skills (i.e. time-series and cross-sectional skills) preferred

Proficiency in coding, with experience using statistical packages (e.g. R, Matlab)

Exposure to scripting (e.g. Python, Perl); C/C++ a plus but not required

Depending on the role, additional qualifications may include

Demonstrated interest in or knowledge of investments, derivatives, asset pricing, empirical anomalies, macroeconomic analysis and market micro-structure

Prior experience with equities, convertible arbitrage, fixed income and/or commodities

Understanding of the modeling of risk and dynamics of linear and non-linear financial products

Strong understanding of international accounting rules and familiarity with global market structure

Familiarity with portfolio construction analytics and some exposure to quantitative portfolio management

Opportunities available in Chicago, New York, London, and Hong Kong

In accordance with New York City’s Pay Transparency Law, the base salary range for this role is $175,000 to $275,000. Base salary does not include other forms of compensation or benefits.

About Citadel

Citadel is one of the world’s leading alternative investment managers. We manage capital on behalf of many of the world’s preeminent private, public and nonprofit institutions. We seek the highest and best use of investor capital in order to deliver market leading results and contribute to broader economic growth. For over 30 years, Citadel has cultivated a culture of learning and collaboration among some of the most talented and accomplished investment professionals, researchers and engineers in the world. Our colleagues are empowered to test their ideas and develop commercial solutions that accelerate their growth and drive real impact.

Our ambition at Citadel is to be the most successful investment firm of all time. Together, we turn ambition into action. For more than three decades, Citadel has captured undiscovered market opportunities in markets around the world by empowering...

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DATE POSTED
June 10, 2023

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