Quantitative Trader

About the role

A leading quantitative trading firm in New York seeks a Quantitative Trader to join a highly collaborative trading organization built around mathematical reasoning, technology, and proprietary research. The firm's traders work in teams to identify and trade pricing inefficiencies, develop proprietary models, manage risk, investigate new products, and explore new business opportunities. Technology is central to the firm's approach, with traders and engineers working closely together on complex real-world problems. The role involves identifying and trading pricing inefficiencies across financial markets, developing and refining proprietary quantitative trading models, analyzing market behavior and translating findings into practical trading decisions, managing trading risk and evaluating strategy performance, investigating new financial products and potential trading opportunities, collaborating with traders, researchers, and engineers on quantitative problems, using technology and data to improve trading strategies and decision‑making, and taking on increasing trading responsibility as expertise develops. The position offers a $300,000 base salary plus an annual discretionary bonus (salary range $280,000–$300,000 per year), requires no prior finance or economics experience, provides the opportunity to work directly on proprietary quantitative trading models and strategies, to solve challenging mathematical and quantitative problems in a practical environment, to work closely with experienced traders, researchers, and technologists, and to investigate new products and develop new areas of trading.

Responsibilities

• Identify and trade pricing inefficiencies across financial markets
• Develop and refine proprietary quantitative trading models
• Analyze market behavior and translate findings into practical trading decisions
• Manage trading risk and evaluate strategy performance
• Investigate new financial products and potential trading opportunities
• Collaborate with traders, researchers, and engineers on quantitative problems
• Use technology and data to improve trading strategies and decision‑making
• Take on increasing trading responsibility as expertise develops

Qualifications

• Exceptional quantitative and mathematical reasoning ability
• Strong practical problem‑solving skills
• Ability to work collaboratively on complex problems
• Interest in applying quantitative reasoning to real‑world decision‑making
• Programming comfort in a language of choice is beneficial but not required
• Prior finance or economics knowledge is not required
• Specific programming‑language experience is not required

Pay

$300,000 base salary plus annual discretionary bonus (salary range $280,000–$300,000 per year)