Python Quantitative Developer, Algorithmic Execution

Technologists at WorldQuant research, design, code, test and deploy firmwide platforms and tooling while working collaboratively with researchers and portfolio managers. Our environment is relaxed yet intellectually driven. We seek people who think in code and are motivated by being around like-minded people.

The Role: We are seeking an exceptionally talented Vice President, Quantitative Execution Services and Analytics to join our WQBook team.

Job Responsibilities (include, but are not limited to the following)

• Providing recommendations to improving equity trading algorithms’ performance and reducing execution costs.
• Analyzing high frequency market and execution data for the purpose of extracting signals with price forecasting power.
• Developing and maintaining quantitative models and software solutions to measure and/or forecast price impact of trading and equity market properties.
• Creating statistical dark pool and exchanges ranking models.
• Developing methodology to compare brokers’ algo trading performance.
• Providing recommendations to distribution of funds among portfolio managers.
• Creating internal reports on trading PnL and trading algorithms’ performance.
• Analyzing academic literature, journals and research papers.
• Ad hoc quantitative research projects.

What You’ll Bring:

• Minimum of 4 years of experience in Investment Banking (Trading Division), Proprietary Trading, or Investment Management (Execution)
• Knowledge of global equity markets and their microstructure.
• Demonstrated ability to work on quantitative research projects: independently and as part of the team.
• Strong knowledge of Mathematics, Statistics, Optimization.
• Programming skills:
  • Must possess at least 4 years of work with vector-based and relational databases (KDB+/Q or Vertica)
  • Must have at least 4 years of experience with at least two of the following statistical packages: Matlab, R, Python

• Core Benefits: Fully paid medical and dental insurance for employees and dependents, flexible spending account, 401k, fully paid parental leave, generous PTO (paid time off) that consists of:
  • twenty vacation days that are pro-rated based on the employee’s start date, at an accrual of 1.67 days per month,
  • three personal days, and
  • ten sick days.
• Perks: Employee discounts for gym memberships, wellness activities, healthy snacks, casual dress code
• Training: learning and development courses, speakers, team-building off-site
• Employee resource groups

Pay Transparency:

WorldQuant is a total compensation organization where you will be eligible for a base salary, discretionary performance bonus, and benefits.

To provide greater transparency to candidates, we share base pay ranges for all US-based job postings regardless of state.  We set standard base pay ranges for all roles based on job function and level, benchmarked against similar stage organizations.  When finalizing an offer, we will take into consideration an individual’s experience level and the qualifications they bring to the role to formulate a competitive total compensation package.

The Base Pay Range For This Position Is $160,000 – $180,000 USD.

At WorldQuant, we are committed to providing candidates with all necessary information in compliance with pay transparency laws.  If you believe any required details are missing from this job posting, please notify us at [email protected], and we will address your concerns promptly.