Portfolio Construction - Hedge Fund

New York, NY Until 8/21/2026 First posted March 22, 2025 Last posted March 22, 2025
Job description
Major hedge fund looking for Quantitative Researchers to develop and test highly automated quant trading strategies using sophisticated quantitative/statistical techniques for strategies ranging from Equity/Non-Equity Statistical Arbitrage, Systematic Fundamental L/S, Systematic CTA/Managed Futures and Fundamental FICC.

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 or equivalent experience in 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

About this role

Summary

Develop and test automated quant trading strategies using statistical techniques.

Job title

Portfolio Construction - Hedge Fund

Experience level

Ph.D. or equivalent experience

Industry

finance

Location requirements

New York, NY; remote work not allowed

Salary

Not specified

Management role

No

Skills & keywords

Required skills

Ph.D.investment researchquantitativeanalytical skillsstatistical modelingcodingRMatlabPythonPerl

Preferred skills

investmentsderivativesasset pricingmacroeconomic analysismarket micro-structureequitiesfixed incomeportfolio construction

Specializations

quantitativetradinganalyticsfinancial modelingdata analysis
Locations

Structured locations inferred from the posting.

New York, NY, USA

On-site City