Quantitative Researcher - London

Jane Street

Sep 1, 2023

Applications are closed

Job
Full-time
Entry Level
Research & Development
Banking & Finance
London

Requirements

We don’t expect you to have a background in finance or any other specific field—we’re looking for smart people who enjoy solving interesting problems. We’re more interested in how you think and learn than what you currently know. You should be:
Able to apply logical and mathematical thinking to all kinds of problems
Intellectually curious—asking great questions is more important than knowing all the answers
A strong programmer who is interested in learning to write code in OCaml, even if you’ve never done functional programming before
An open-minded thinker and precise communicator who enjoys interacting with colleagues from a wide range of backgrounds and areas of expertise
Fluent in English

Responsibilities

Since our models leverage both our powerful internal technology and a deep understanding of the markets, we expect our Researchers to collaborate closely with our Software Engineers and Quantitative Traders. In this role, you’ll work together to identify market signals, analyse large datasets, build and test models, create new strategies, and write the code that implements them.
The problems we work on rarely have clean, definitive answers. You should be comfortable pushing in new and unknown directions while maintaining clarity of purpose. We believe great solutions come from the interaction between diverse groups of people across the firm. The role you carve out for yourself over time will be largely dependent on your strengths and the types of problems you enjoy thinking about.

FAQs

What will be the primary responsibilities of a Quantitative Researcher in this role?

The primary responsibilities of a Quantitative Researcher in this role will involve building models, strategies, and systems to price and trade various financial instruments, identifying profitable opportunities, and deciding whether to execute trades on thousands of financial products daily across multiple trading venues worldwide.

What qualifications and experience are required for this position?

Candidates for this position should have a strong background in quantitative research, with experience building models and strategies for trading financial instruments. A solid understanding of financial markets, trading systems, and programming languages such as Python or R is also essential.

What kind of trading products and markets will the Quantitative Researcher be working with?

The Quantitative Researcher will be working with a wide variety of financial instruments, including stocks, options, futures, and other derivatives. They will trade on over 200 trading venues worldwide, spanning different asset classes and geographic regions.

What is the goal of the proprietary trading models developed by the Quantitative Researcher?

The goal of the proprietary trading models developed by the Quantitative Researcher is to identify profitable trading opportunities and make informed decisions about whether to execute trades on a wide range of financial products. These models help the trading team stay ahead of the market and generate consistent returns.

Jane Street

Finance

Industry

1001-5000

Employees

2000

Founded Year

Mission & Purpose

Jane Street works differently. As a liquidity provider and market maker, we trade on more than 200 trading venues across 45 countries and help form the backbone of global markets. Our approach is rooted in technology and rigorous quantitative analysis, but our success is driven by our people. Our bright, beautiful offices in the heart of New York, London, Hong Kong, and Amsterdam are open and buzzing with conversation. We come from many backgrounds and encourage travel between offices to share perspectives. Some of our best ideas come from bumping into a visiting colleague at the office coffee bar. Markets move fast. Staying competitive as we’ve grown has required constant invention—of new trading strategies, technology, and processes. We’ve found this is easier when you hire humble, kind people. They tend to help each other, and prioritize teamwork over titles. We invest heavily in teaching and training. There’s a library and a classroom in every office, because deepening your understanding of something is considered real work. Guest lectures, classes, and conferences round out the intellectual exchanges that happen every day. People grow into long careers at Jane Street because there are always new and interesting problems to solve, systems to build, and theories to test. More than twenty years after our founding, it still feels like we’re just getting started.