Statistical Arbitrage Trader / Portfolio Manager

Non-pod shop fund
New York, US
On-site

Job Description

The Role

This is a role for someone who sees structure where others see randomness.

You will design, build, and run statistical arbitrage strategies—transforming data into signals, signals into portfolios, and portfolios into repeatable, risk-adjusted returns.

The focus is simple: identify inefficiencies, exploit them systematically, and evolve as those inefficiencies disappear.

What You’ll Do

  • Develop and manage market-neutral, statistically driven trading strategies
  • Extract alpha from cross-sectional relationships, mean reversion, and short-term dislocations
  • Translate research into live trading with a strong focus on robustness and scalability
  • Continuously refine models as market dynamics shift
  • Own portfolio construction, risk allocation, and execution quality
  • Work closely with researchers and engineers to improve data, tools, and infrastructure

How You Think

  • In probabilities, not certainties
  • In distributions, not single outcomes
  • In portfolios, not isolated trades

You understand that:

  • Most signals decay
  • Backtests require skepticism
  • Capacity matters as much as performance
  • Risk emerges when assumptions break

What You Bring

  • Demonstrated experience building or managing statistical arbitrage strategies
  • A strong foundation in statistics, quantitative methods, or machine learning
  • Ability to independently generate, test, and implement trading ideas
  • Proficiency in Python or similar tools for research and development
  • Deep understanding of execution, transaction costs, and market behavior
  • Ownership mindset with a focus on outcomes

What You’ll Find Here

  • A research-driven environment focused on results
  • Access to high-quality data and reliable infrastructure
  • Collaboration with experienced quantitative professionals
  • The ability to focus on building and improving strategies without unnecessary complexity

Skills & Requirements

Technical Skills

PythonStatisticsQuantitative methodsMachine learningIndependenceOwnership mindsetFinance

Salary

$100,000+

year

Employment Type

FULL TIME

Level

senior

Posted

4/24/2026

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