QUANTITATIVE TRADING ANALYST recruitment
Background:
Today, capital markets are in the midst of revolutionary change. The challenges of investing and trading have never been more intellectually interesting and exciting. Market volatilities flirt with historic highs. New technologies continue to increase the speed and transparency of price information and market news, making markets more efficient and more highly competitive at the same time. Automated Trading has opened huge new opportunities.
Job Description:
Cutler Group, LP is looking for top-tier professionals to join their team in San Francisco. QTAs will research trading opportunities in equity options and across a variety of asset classes based on special situations and market inefficiencies to develop new strategies and recommendations for the Firm. They may also work with a team of developers, analysts, and traders to integrate the output of their analytical work into new or improved automated trading systems. Other roles include exploring new products and even entirely new markets for profitable opportunities.
QTAs will take classes to enhance their trading knowledge, with topics covering but not limited to: Options Theory, Financial markets, Game Theory, and Stock Research and Analysis.
Career progress of the QTA will be evaluated based on the individual’s contribution to profitable trading strategies and the success of the team as a whole.
Qualifications
Qualified applicants must be competitive and self-motivated, have a history of superior academic achievement, and possess strong quantitative abilities, logical reasoning, and communication skills. Candidates should thrive in a team-oriented and fast-paced work environment. Particular consideration will be given to candidates with ability in software development, and that are interested in pursuing a career involving both software and financial analysis.
A recent (2008-2012) BS or MS Degree in Economics, Financial Engineering, Computer Science, Physical Sciences or Math is necessary, with a minimum GPA of 3.5. Proficiency with Excel/VBA is also required, as well as familiarity with at least one programming/scripting language. Coursework in financial derivatives, stochastic processes, machine learning, and financial modeling is strongly desired. Preference given to candidates who are currently West Coast based.
Contact: Jim Piper at j.piper@stantonchase.com
About Cutler Group, LP
Cutler Group, LP is a national proprietary trading firm focusing primarily on equity option market making. Founded in 1994, Cutler is a member of the major US option exchanges, including NYSE ARCA, CBOE, ISE and the American Stock Exchange, and has sponsored over 200 traders in the history of the Firm. With a current staff of well over fifty traders, our primary goal is to create an environment that identifies, motivates, and supports talented traders and technologists. We pride ourselves on fast, reliable technology and sophisticated analytical tools that allow us to compete against the largest global banks and highly automated market making firms. We foster an open, collegial environment where traders, analysts and developers share information and ideas with each other.