Jobs · Finance

Quantitative Trader

Savoia Investments · United States · 2 wk ago
RemoteRemoteFinance$250k/yrFull-time
Savoia Investments | Sub-Advisory Manager Separately managed account under our fund. This is an allocation, not a funded account. Read this first This program is open only to US citizens and US permanent residents. This requirement comes from the legal, regulatory, and tax structure of our US fund. We cannot make exceptions, and applications from outside these categories will not be reviewed. If you have not traded live with real money and cannot produce a broker-verifiable track record, do not apply. Backtests, paper accounts, testnet results, simulated results, and prop firm evaluation records do not count. This is not a program for retail accounts. Your live track record must be built on at least $250K of real capital. Small personal accounts and funded prop firm accounts do not qualify, regardless of percentage returns. We welcome quant researchers and quants who have built their own models and run them live. What we do not offer is a salaried seat. We are not hiring quant researchers, quant developers, or portfolio allocation quants to generate new ideas, run factor research, or manage an allocation framework for us. If you run your own model live, your IP stays yours. We evaluate verified live results and a strategy summary you write at the level of detail you choose, and we protect everything you share with us. Who we are We are a volatility-focused systematic fund. We allocate our own capital to independent quant traders who have proven a strategy live but have not scaled it. We are not a proprietary trading firm. There is no challenge, no evaluation, no fee, and nothing for you to buy. We do not make money when you fail. We make money when the strategies we allocate to produce returns, which means our incentive and yours are the same one. Structure Separately managed account under the fund, with limited trading authorization. Your strategy, our capital, our infrastructure.Initial allocation is sized to your strategy's demonstrated capacity, not to a fixed number. We size to what the strategy can absorb without degrading.Capital scales with performance and risk discipline. There is no ceiling. Managers who hold their limits and produce move up in size on a defined review schedule, and the constraint on how far that goes is your strategy's capacity, not our balance sheet.Payout as a percentage of P&L. No salary, no cap on the upside.Your strategy remains yours. We do not take ownership of your IP.Fully remote. What we trade Our core infrastructure, risk systems, and prime brokerage are built for US listed markets. We extend beyond them only where a manager's infrastructure and record meet the same standard. Core scope: US listed equitiesUS listed equity and index optionsUS listed futures Considered with conditions: CryptoPrediction markets and event contracts Crypto and prediction market strategies are considered only if all of the following hold: Traded on US-regulated venues or venues that lawfully onboard US persons. Records built on offshore platforms that restrict US persons will not be reviewed.Mature, production-grade infrastructure: automated execution, live monitoring, hard risk limits, and daily reconciliation.A live track record verifiable through exchange or broker statements. No paper trading, no testnet, no simulated fills. Not in scope: FXFixed income and creditOTC instrumentsMixed-book strategies that blend asset classes into one record If your track record spans asset classes, each sleeve we evaluate must have its own standalone verifiable record. A blended tearsheet will not be reviewed. Frequency Mid and low frequency. Holding periods from intraday-to-close through multi-week. We do not allocate to HFT, latency-sensitive, or co-location dependent strategies, in any asset class. If your edge depends on execution speed we cannot reproduce on standard institutional infrastructure, it does not fit here. Minimum requirements All applicants: Live trading on at least $250K of real capital, monthly returns, broker or exchange verifiable.Max drawdown at or under 15 percent.Live Sharpe at or above 1.0.Gross leverage at or under 2x.Systematic and documented. You can explain the edge, why it exists, and why it persists.You are the one who built and runs it. Track record length depends on strategy type. The same minimums apply across equities, options, futures, crypto, and prediction markets. Market neutral, or SPX correlation under 0.3: Minimum live record of 12 monthsDirectional: Minimum live record of 24 months Market neutral is what we are built for and what we prioritize. Directional strategies are considered by exception, and the bar is higher because the record has to survive more than one regime before it tells us anything. A directional book with 12 good months in a trending market is not evidence. We want to see how it behaved when the trend broke. Eligibility US citizen or US permanent resident. If you trade through an entity, it must be US-domiciled.Able to be onboarded to a US separately managed account structure.Placement is subject to KYC, AML, and sanctions screening. How to apply Send: Tearsheet with monthly returns and account size.One-page strategy summary, including asset class, venue, and frequency.Written confirmation that you will permit third-party broker or exchange verification. Applications without a tearsheet will not be reviewed.

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