Quantitative Researcher – PhD Graduate (US)

About the Role

At Citadel Securities, a leading global market maker, our team of quantitative researchers models the markets and brings trading strategies to life every day. Specifically, this team develops and tests automated quant trading strategies using sophisticated statistical techniques. You'll get to challenge the impossible in quantitative research by applying sophisticated and complex statistical techniques to financial markets, some of the most complex data sets in the world.

Responsibilities

• Conceptualize valuation strategies, develop, and continuously improve upon mathematical models, and help translate algorithms into code
• Backtest and implement trading models and signals in a live trading environment
• Use unconventional data sources to drive innovation
• Conduct research and statistical analysis to build and refine monetization systems for trading signals

Qualifications

• PhD degree in mathematics, statistics, physics, computer science, or another highly quantitative field
• Strong knowledge of probability and statistics (e.g., machine learning, time-series analysis, pattern recognition, NLP)
• Prior experience working in a data-driven research environment
• Experience with translating mathematical models and algorithms into code (Python, R, or C++)
• Independent research experience

Skills

• Ability to manage multiple tasks and thrive in a fast-paced team environment
• Excellent analytical skills, with strong attention to detail
• Strong written and verbal communication skills

Locations

Opportunities available in Miami and New York.

Pay

In accordance with applicable law, the base salary range for this role is $235,000 to $300,000.

Benefits

• Eligibility to participate in a discretionary incentive compensation program
• Access to a wide array of benefit programs, including medical and life insurance, retirement and tax-free savings plans, and other healthcare programs