Head of Quantitative Research & Trading – Statistical Arbitrage Fund – New York recruitment
Criteria:
This position is suitable for an established portfolio manager with 5-10 years experience trading quant equity strategies. You should have a current track record and have the ability to show your track record dating back for the last few years.
We are looking for a quant trader with a strategy that generates a return of 7-20% per year and the Sharpe should be in excess of 2.5.
Benefits:
• Base salary
• Performance related Bonus
• Access to a market data, infrastructure, back-testing tools.
• Ability to leverage from the firms algorithmic trading capabilities, execution models
• Ability to submit your orders via the electronic market making desk so as to disguise your trading activity and reduce your chance of getting picked off in the market.
• Ability to cross your orders with order flow from the affiliated brokerage business thereby reducing your transaction expenditure.
• Ability to increase the book size from $500m to over $1bn once you have developed a suitable track record.
For more details on this role please contact James Kennedy
James.kennedy@njfsearch.com