Quantitative Researcher / Quantitative Research Analyst

Role Summary

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. We’re looking for an extraordinary quantitative researcher who is committed to our core values that include winning, acting with integrity, continuously learning, and cultivating a meritocracy.

Opportunities may be available from time to time in any location in which the business is based for suitable candidates. If you are interested in a career with Citadel, please share your details and we will contact you if there is a vacancy available.

Objectives

Conduct research and statistical analyses in the evaluation of securities

Work with large data sets, including unconventional data sources, to predict and test statistical market patterns

Conceptualize valuation strategies, develop and continuously improve mathematical models, and translate algorithms into code

Back test and implement trading models and signals in a live trading environment

Skills and Preferred Qualifications

Advanced training in mathematics, statistics, physics, computer science, or another highly quantitative field

Proficiency in probability & statistics (e.g. time-series analysis, machine learning, pattern recognition, NLP)

Prior experience working in a data driven research environment

Hands on programming experience in scripting (e.g. Python), analytical packages (e.g. R, Matlab) and/or compiled languages (e.g. C++)

A background demonstrating strong analytical problem solving skills

An ability to communicate advanced concepts in a concise and logical way

Proficiency in creating and using algorithms to meticulously investigate and work through large data or error-checking problems

In accordance with applicable law, the base salary range for this role is $250,000 to $350,000.

In addition, the employee who fills this role will be eligible to participate in a discretionary incentive compensation program, as well as a wide array of benefit programs, such as medical and life insurance, retirement and tax-free savings plans, and access to other healthcare programs.