About the Role
As a Quantitative Trader, your core mandate is to optimize trading strategies to maximize profitability. You will decide how capital is allocated and risk is deployed across signals and strategies, tuning the portfolio so that every unit of risk earns as much as possible. You will work side by side with quantitative researchers and engineers to translate research into production strategies that trade real capital.
Responsibilities
- Partner with quantitative researchers and engineers to turn research into production trading strategies.
- Conduct research to find where the portfolio is leaving money on the table and to generate additional returns from existing strategies.
- Manage portfolio-level risk and exposures in real time, adapting allocation as market conditions change to protect and grow PnL.
- Continuously monitor strategy performance, diagnose issues, and iterate to keep strategies performing across market regimes.
Requirements
- A strong interest in game theory, decision theory, and strategy games, and the instinct to apply them to markets.
- Effective problem-solving skills and the rigor to reason about optimization, risk, and profitability from first principles.
- Excellent written and verbal communication skills.
- A self-starter who is not afraid to question the status quo.
Skills
- Optimization
- Risk management
- Profitability analysis
- Statistical analysis
- Market impact minimization
- Capacity management
- Financing
Location
- Various locations
Work Type
- Full-time
Experience Level
- Mentored by leaders who have realized PnL at scale
- Senior practitioners
Education Level
- Degree from a top university in a quantitative field such as statistics, mathematics, computer science, or physics
- Graduate research or competition experience
Salary/Compensations
- $234,000 to $301,600 per year (based on $4,500 to $5,800 per week)
Benefits
- Weekly pay
- Highly competitive sign-on bonus
- Housing stipend or covered living accommodations
- Company-sponsored travel
- On-site fitness and wellness amenities
- Catered meals
- Social and networking events
About the Company
- Citadel is one of the world's leading alternative investment managers.
- Manages capital on behalf of many of the world's preeminent private, public and nonprofit institutions.
- Seeks the highest and best use of investor capital to deliver market leading results and contribute to broader economic growth.
- Cultivated a culture of learning and collaboration among some of the most talented and accomplished investment professionals, researchers and engineers in the world.
- Colleagues are empowered to test their ideas and develop commercial solutions that accelerate their growth and drive real impact.
