Quantitative Trader at Quantlab Houston, TX

Quantitative Trader job at Quantlab. Houston, TX. Description

Quantlab is looking for a Quantitative Trader to join our ETF/Equities team. Quant Traders are responsible for managing trading systems in real-time and applying risk management in proprietary trading strategies. This role also includes monitoring and maintaining our robust trading system, optimizing the firm's trading, as well as handling risk and trade reconciliations. Working in close collaboration with quantitative researchers and core developers, you will test and deploy novel order execution and model training methods to increase trading efficiency. This position is based in Houston, TX and will be a hybrid work schedule.

What you'll do:

• Oversee Quantlab's algorithmic-based trading systems in real time, applying risk management principles in the design and implementation of new and proprietary quantitative trading strategies, as well as the optimization of existing strategies
• Conduct statistical analysis, deriving practical insights to optimize risk allocations
• Build statistical models to improve trading execution, including through the research, development and quantitative testing of novel order execution models
• Develop tools to facilitate trading operations, and apply computational methods to optimize existing trading strategies
• Increase efficiency and enhance the firm's trading activities by reviewing and analyzing statistical information and handling our risk and trade reconciliations
• Coverage of live trading

What you'll have:

• A Bachelor's Degree in Math, Computer Science, Statistics, Physics, Engineering, Computational Finance (or equivalent)
• Two or more years of experience in this or a related field
• Understanding of Order Management and Execution Management Systems
• Knowledge and familiarity with the mechanics and terminology of ETF's, equities, and futures markets
• The ability to demonstrate an advanced proficiency with Python
• A capability to work independently as well as part of a team
• An interest in financial markets
• The tenacity to learn quickly and apply new skills effectively
• The drive to prioritize and be proactive
• You enjoy watching the markets in real-time
• Exceptional attention to detail and desire to understand issues deeply
• Outstanding work ethic and ability to thrive in a fast-paced environment
• Superior written and verbal communication skills
• Proven trustworthiness and performance under the highest ethical standards

Bonus Points:

• Current active Series 7, 55, 56, or 57 license
• A successful recent track record of experience working as a trader for an HFT or quantitative trading firm
• Strong experience trading in ETF/Equities, as well as additional experience trading other types of asset classes (futures, options, currencies)
• Exhibited ability of contributing strong value-add to portfolio management optimization and/or risk management functions as part of the trade desk operations

What you'll get:

• The unique opportunity to work alongside talented and passionate experts who take pride in delivering results
• Attractive compensation and bonus structure
• Generous benefit plan structure including an option for fully paid health insurance premiums for individuals
• Company paid lunch
• Training and development opportunities
• Pre-tax transportation contributions
• Casual dress

Who we are:

Quantlab is a quantitative trading firm where Technology and Scientific Research are central to our business and key to our success. Founded in 1998, Quantlab is a pioneer in quantitative algorithmic trading. Behind our success is our people. We hire some of the smartest and most passionate engineers and quants in the world.

The firm is privately held with headquarters in Houston, and primary additional office locations in New York, Boston, Austin, and Singapore. In describing our cultural "fabric", we are a scientific lab parsing dense market data sets and ever-changing global trading dynamics in the centrifuge of math, technology, and finance.

Why you should work with us:

Quantlab is constantly pushing the boundaries of technology, from high performance computing clusters attached to petabytes of storage, to ultra-low latency hardware, to highly optimized operating systems. Our team members enjoy the collaborative and impact-driven atmosphere where passion, innovation, and the scientific process power amazing results. This is just one reason we continue to attract the industry's most enterprising and brightest talent. Our regard for tenacity, humility, and an intrinsic will to win promotes a fast-paced, team-first culture where brilliance is magnified into global leading lights.

Quantlab is not accepting unsolicited resumes from search firms. Only search firms with valid, written agreements with Quantlab should submit resumes in response to Quantlab's posted positions. All resumes submitted by search firms to Quantlab via e-mail, the Internet, personal delivery, facsimile, or any other m