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Quantitative Systematic Trader – PhD: Summer 2024

Applications are closed

  • Job
    Full-time
    Entry Level
  • Software Engineering
  • Philadelphia

Requirements

  • PhD in a quantitative field such as Mathematics, Physics, Statistics, Electrical Engineering, Computer Science, Operations Research, or Economics
  • Solid, analytical problem-solving skills
  • Excellent logical reasoning
  • Strong communication skills in a fast-paced and/or highly collaborative environment are essential
  • Experience writing code to process and analyze large sets of data, especially in Python
  • Experience in C++ or other low level programming languages is a plus
  • Demonstrated interest in strategic games and/or competitive activities
  • Ability to thrive in a fast-paced environment

Responsibilities

  • This idea can come from anyone: you, the mentor who sits beside you, or someone you meet in the cafeteria.
  • As a Quantitative Systematic Trader, you will investigate that idea by immersing yourself in market data, leveraging tools in mathematics, statistics, and programming.
  • Through your research, you may discover a new pattern that can transform into a trading signal.
  • To assess the strength of that trading signal, you will run it through our backtesting environment and carefully analyze its performance.
  • If that signal produces profitable results, you will work side-by-side with technologists and put it into production.
  • Once that signal is embedded in our electronic trading strategies, you will actively monitor its real-time performance in the financial markets.
  • As your trading strategy evolves, you will discuss with other researchers, strategists, and traders to collect feedback and brainstorm new ideas.
  • Some of those ideas will turn into new quant projects, and the life cycle starts all over again.

FAQs

What qualifications are required for the Quantitative Systematic Trader position?

A PhD in a quantitative discipline, experience in quantitative research and trading, and strong communication skills are required for the Quantitative Systematic Trader position.

What does a typical day look like for a Quantitative Systematic Trader?

A typical day for a Quantitative Systematic Trader involves developing new electronic strategies, monitoring real-time performance, and communicating and connecting ideas between trading, technology, and quantitative research.

How does the Quantitative Systematic Trader role contribute to the overall success of the company?

The Quantitative Systematic Trader role combines quantitative research with trading knowledge to develop new strategies that improve the company's performance in the financial markets.

What opportunities for growth and advancement are available for Quantitative Systematic Traders?

Quantitative Systematic Traders have opportunities for growth and advancement within the company, including the potential to take on more senior roles in quantitative trading or research.

How does the company support the professional development of Quantitative Systematic Traders?

The company provides training and development opportunities for Quantitative Systematic Traders to enhance their skills in quantitative research, trading, and technology.

Finance
Industry
1001-5000
Employees
1987
Founded Year

Mission & Purpose

SIG is a global quantitative trading firm founded with a growth mindset and an analytical approach to decision making. As one of the largest proprietary trading firms in the world, we benefit the financial markets by providing liquidity and ensuring competitive prices for buyers and sellers. We bring together the brightest minds, the best technology, and the most expansive library of data in the industry to design and implement quantitative trading strategies that make us leaders in the financial markets. Beyond trading, SIG is active in global private equity, structured capital and institutional brokerage.

Benefits

  • Medical, Vision, and Dental

    You have a choice of medical plans, including a Health Savings Account plan.

  • Paid Vacation and Time Off

    We offer a generous vacation package so that you can enjoy paid time off away from the office. We observe the New York Stock Exchange holiday schedule, which generally includes nine paid holidays per year. We also offer paid maternity/paternity leave.

  • Gym + Fitness Classes*

    We have an on-site gym, on-site fitness classes, and wellness tools to help you track your personal health achievements.

  • On-site Wellness Center + Pharmacy*

    We support your everyday health with an on-site Wellness Center, and make it easy for you to drop off your prescription for same-day delivery to the office.

  • Discounts + Deals

    You can make the most of our great deals on movie tickets, event tickets, and discounts with some of the best restaurants in town.