Quantitative Researcher - Portfolio Optimization - Jersey City, NJ
Stevens Capital Management LPJersey City, New Jersey, United States · Posted 10 months agoDescription
SCM is committed to a workplace that values and promotes diversity, inclusion and equal employment opportunity by ensuring that all employees are valued, heard, engaged and involved at work and have full opportunities to collaborate, contribute and grow professionally.
Primary Responsibilities:
- Design and implement multi-period portfolio optimization frameworks incorporating
transaction costs, slippage, and other market frictions - Leverage MOSEK and other optimization solvers to build scalable and efficient models
- Develop and refine intraday trading strategies and execution algorithms
- Monitor and analyze model performance in a live trading environment
Requirements:
- Strong quantitative background (PhD or Master’s in Applied Math, Operations Research, Computer Science, or related field)
- Proven experience with MOSEK or other optimization frameworks
- Deep understanding of slippage, transaction cost modeling, and intraday trading
- Familiarity with real-time data processing and execution systems
- Programming skills in Python and/or C++
- Experience integrating optimization routines in production trading systems
The base pay for this position is anticipated to be between $150,000 and $300,000 per year. The anticipated annual base pay range is current as of the time this job post was generated. This position is eligible for other forms of compensation and benefits, such as a bonus, health and dental plans and 401(k) contributions, which includes a discretionary profit sharing program. An employee's bonus and related compensation benefits can be a significant portion of total compensation. Actual compensation for successful candidates will be carefully determined based on a number of factors, including their skills, qualifications and experience.
Similar jobs
Est. 225,000 USD
SCM is committed to a workplace that values and promotes diversity, inclusion and equal employment opportunity by ensuring that all employees are valued, heard, engaged and involved at work and have full opportunities to…
Est. 225,000 USD
SCM is committed to a workplace that values and promotes diversity, inclusion and equal employment opportunity by ensuring that all employees are valued, heard, engaged and involved at work and have full opportunities to…
Est. 225,000 USD
SCM is committed to a workplace that values and promotes diversity, inclusion and equal employment opportunity by ensuring that all employees are valued, heard, engaged and involved at work and have full opportunities to…
Est. 225,000 USD
SCM is committed to a workplace that values and promotes diversity, inclusion and equal employment opportunity by ensuring that all employees are valued, heard, engaged and involved at work and have full opportunities to…
Est. 225,000 USD
SCM is committed to a workplace that values and promotes diversity, inclusion and equal employment opportunity by ensuring that all employees are valued, heard, engaged and involved at work and have full opportunities to…
Est. 225,000 USD
SCM is committed to a workplace that values and promotes diversity, inclusion and equal employment opportunity by ensuring that all employees are valued, heard, engaged and involved at work and have full opportunities to…
Est. 225,000 USD
SCM is committed to a workplace that values and promotes diversity, inclusion and equal employment opportunity by ensuring that all employees are valued, heard, engaged and involved at work and have full opportunities to…
Est. 225,000 USD
SCM is committed to a workplace that values and promotes diversity, inclusion and equal employment opportunity by ensuring that all employees are valued, heard, engaged and involved at work and have full opportunities to…
Est. 225,000 USD
SCM is committed to a workplace that values and promotes diversity, inclusion and equal employment opportunity by ensuring that all employees are valued, heard, engaged and involved at work and have full opportunities to…
Est. 175,000 USD
SCM is committed to a workplace that values and promotes diversity, inclusion and equal employment opportunity by ensuring that all employees are valued, heard, engaged and involved at work and have full opportunities to…
Est. 225,000 USD
SCM is committed to a workplace that values and promotes diversity, inclusion and equal employment opportunity by ensuring that all employees are valued, heard, engaged and involved at work and have full opportunities to…
Est. 225,000 USD
SCM is committed to a workplace that values and promotes diversity, inclusion and equal employment opportunity by ensuring that all employees are valued, heard, engaged and involved at work and have full opportunities to…
Est. 225,000 USD
SCM is committed to a workplace that values and promotes diversity, inclusion and equal employment opportunity by ensuring that all employees are valued, heard, engaged and involved at work and have full opportunities to…
Est. 225,000 USD
SCM is committed to a workplace that values and promotes diversity, inclusion and equal employment opportunity by ensuring that all employees are valued, heard, engaged and involved at work and have full opportunities to…
Est. 225,000 USD
SCM is committed to a workplace that values and promotes diversity, inclusion and equal employment opportunity by ensuring that all employees are valued, heard, engaged and involved at work and have full opportunities to…
Est. 225,000 USD
SCM is committed to a workplace that values and promotes diversity, inclusion and equal employment opportunity by ensuring that all employees are valued, heard, engaged and involved at work and have full opportunities to…
Est. 150,000 USD
Please only apply to the one job you feel best fits your skillset and experience. If our team feels you are better suited for another role, we will reach out about the alternate opportunity. Position Overview: Research a…
Est. 175,000 USD
SCM is committed to a workplace that values and promotes diversity, inclusion and equal employment opportunity by ensuring that all employees are valued, heard, engaged and involved at work and have full opportunities to…
Est. 162,500 USD
Role/Responsibilities Research and develop in-house trading strategies, used by both discretionary and quantitative traders. Conduct quantitative research on market microstructure, applying knowledge to improve trading a…
Est. 200,000 USD
Optiver is expanding its Systematic Options Trading Team and seeking exceptional Quantitative Researchers and Traders to drive its next phase of growth. You’ll join a team at the forefront of designing and optimizing our…
Est. 150,000 USD
Position Overview: Research and implement strategies within the firm’s automated trading framework. Analyze large data sets using advanced statistical methods to identify trading opportunities. Develop a strong understan…
Est. 200,000 USD
Optiver is growing our Systematic Volatility Trading team and looking for an exceptional Quantitative Researcher to join us in the early stages. This is a rare opportunity to help define the direction of a fully automate…
Est. 172,500 USD
Squarepoint Services US LLC seeks a Quantitative Researcher Volatility Team for its New York, New York location. Duties: On behalf of an investment management firm formulate mathematical and simulation models of investme…
Est. 150,000 USD
Position Overview: Research and implement strategies within the firm’s automated trading framework. Analyze large data sets using advanced statistical methods to identify trading opportunities. Develop a strong understan…
Est. 175,000 USD
About Cubist Cubist Systematic Strategies, an affiliate of Point72, deploys systematic, computer-driven trading strategies across multiple liquid asset classes, including equities, futures and foreign exchange. The core…
Est. 175,000 USD
SCM is committed to a workplace that values and promotes diversity, inclusion and equal employment opportunity by ensuring that all employees are valued, heard, engaged and involved at work and have full opportunities to…
Est. 150,000 USD
Position Overview: Research and implement strategies within the firm’s automated trading framework. Analyze large data sets using advanced statistical methods to identify trading opportunities. Develop a strong understan…
Est. 150,000 USD
Position Overview: Research and implement strategies within the firm’s automated trading framework. Analyze large data sets using advanced statistical methods to identify trading opportunities. Develop a strong understan…
Est. 150,000 USD
Please only apply to the one job you feel best fits your skillset and experience. If our team feels you are better suited for another role, we will reach out about the alternate opportunity. Overview of Intern Quant Rese…
Est. 175,000 USD
SCM is committed to a workplace that values and promotes diversity, inclusion and equal employment opportunity by ensuring that all employees are valued, heard, engaged and involved at work and have full opportunities to…