Quantitative Researcher NYC Hedge Fund J Harlan Group is currently conducting a search for a Quant Researcher at a prominent NYC Hedge Fund. As key member of the Equity Quantitative Research (EQR) team you will focus on building optimizations and core algorithms that lead directly to trading decisions covering fundamental and quantitative insights to develop and monetize systematic trading strategies leveraging proprietary internal and external datasets. Key Responsibilities
- Conduct empirical statistical research in equities and related instruments
- Leverage a variety of datasets to develop and optimize alphas for systematic portfolios
- Develop and improve transaction cost models and contribute to portfolio construction research
- Develop and continuously improve upon our mathematical models and translate algorithms into monetizable strategies
- Build optimizations and core algorithms that lead directly to trading decisions
- Research and implement quantitative methods in a live trading environment
The idea candidate will have a background including:
- Bachelors, Masters, or Ph.D. in Statistics, Mathematics, Operations Research, Economics, Computer Science, or a related field
- Prior experience in a quantitative role within a trading environment or experience applying quantitative methods to solve challenging, data-intensive problems
- Proficiency in coding, with exposure to Python
- Demonstrated interest in or knowledge of equities trading, empirical asset pricing, portfolio optimization, transaction cost modeling, or market microstructure
- Excellent creative and problem-solving skills with a strong mathematical and statistical background
- Demonstrated ability to conduct rigorous independent investment-related research
They are looking for an individual who loves solving deep and complex investment analysis challenges and wants to have an outsized impact with the products they build and deliver; an individual with a passion for investment management, high level of intellectual curiosity, a commitment to excellence and an unparalleled drive to deliver world-class service. About the Client: The firm is a leading alternative asset manager managing more than $62bn of assets with an outstanding track record of following a comprehensive, multi-strategy approach to investing and allocating capital dynamically to the most compelling opportunities and harvesting multiple sources of alpha. They have a relentlessly focuses on innovation and integration: innovation in new products, markets and businesses as well as new tools, models and technology management and performance structures; integration of fundamental research, quantitative strategies and technical analysis, all supported by an intensive focus on operational excellence and comprehensive risk management. They employ over 1400 talented professionals in locations around the globe across portfolio management, trading, credit, research, quantitative strategy, trading technology, investment management analysis and business management administration and strategy. They seek candidates who are high-energy self-starters who want to join an investment management firm on the leading edge of the global markets. The management team needs individuals of the highest professional caliber who are leaders, problem solvers, analytic, detail-oriented, and entrepreneurial. Everyone at the firm works side-by-side with the firm's senior partners in a highly collaborative and charged trading floor environment. Successful candidates are:
- Analytic and relentless in pursuit of the right answer
- Strong communicators who excel at rapid synthesis
- Able to demonstrate sound business judgment
- Able to digest complexity while maintaining an understanding of the big picture of business needs
- Team players who are energized by a collaborative enterprise
The firm's employees maintain the highest professional and ethical standards. The firm has earned a reputation for honesty, fair dealing, and transparency in a competitive industry. They believe that these standards are the foundation for superior investment performance and are critical to delivering performance to clients. 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.