Statistical Arbitrage Researcher recruitment
Statistical Arbitrage Research Associate
Major Hedge Fund is seeking a Research Associate to join their team of professionals to focus on proprietary strategies related to statistical arbitrage. Candidates should be ambitious, quantitative, and enthusiastic about implementing new ideas and are expected to be hands-on and self-sufficient in conducting all aspects of research projects. The role will involve collaboration with other researchers, portfolio managers, risk managers as well as traders to develop new and improve current investment strategies.
ROLE
? Perform statistical and economic research on financial data to develop new, and improve current investment strategies in collaboration with existing research team
? Conduct research on various aspects of implementation of investment strategies such as trading cost models, risk models, optimization, and portfolio construction
? Add features to proprietary research system to implement new research ideas
? Conduct analysis related to ongoing portfolio monitoring and performance attribution
REQUIREMENTS
? B.S., M.S. or Ph.D. from top program with degree in Finance, Economics, Mathematics, Computer Science or related quantitative discipline
? 2-5 years experience researching U.S. equity statistical arbitrage strategies
? Experience doing empirical research and working with large data sets related to financial data
? Proficient in econometrics (or statistics) and knowledge of optimization
? Strong programming skills with demonstrated experience in multiple languages such as Matlab , Python, C++ or Java
? Ability to discuss and explain involved concepts in finance and mathematics in both verbal and written form
? Strong analytical and problem solving skills
? Passion for research, hard work, and eager to learn in a highly intellectual, collaborative environment