Quantitative Research Analyst

3 days ago


Chicago, Illinois, United States Analytic Recruiting Inc. Full time
Quantitative Research Analyst

A leading proprietary equity trading firm in Chicago seeks a skilled Quantitative Research Analyst to join its small quantitative research team. The successful candidate will collaborate closely with Portfolio Managers to design, develop, and implement profitable low- and high-frequency statistical arbitrage trading strategies for equities.

Key Responsibilities:
  • Develop new algorithmic trading strategies using advanced statistical techniques and machine learning methods.
  • Work closely with Portfolio Managers to research, backtest, and implement profitable trading strategies.
  • Design, calibrate, and analyze quantitative pricing, trading, and risk control models for algorithmic strategies.
  • Improve the performance of existing strategies using data-driven approaches.
  • Develop statistical tools for model management and portfolio optimization.
  • Collaborate with software teams on functional requirements, documentation, and model testing.
Requirements:
  • Advanced degree in Statistics, Mathematics, or a related field.
  • Minimum 5 years of experience in financial markets model development.
  • Proficiency in programming languages such as Python, R, or Matlab, and experience with SQL databases.
  • Proven track record of working on algorithmic/automated trading models.

Keywords: High Frequency, Equity, Trading Strategist, Statistical Modeling, Automated Trading, Risk Management, Portfolio Optimization



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