Quantitative Analyst on Long/Short Equity Strategies

Schonfeld Strategic Advisors LLC has an opening for a Quantitative Analyst on Long/Short Equity Strategies in Miami, Florida.

The position duties are as follows: 

• Performing advanced quantitative research through the development of statistical models that evaluate trading data in order to increase portfolio performance and decrease risk;
• Conducting trading strategy back-testing by using historical data to assess the viability of trading strategies;
• Be able to present and explain complex analysis;
• Generating trade signals to buy or sell long/short equity investments by developing advanced algorithms to monitor market action and other economic indicators;
• Reviewing and organizing large financial datasets and optimizing data collection and analysis methods; Implementing new analytical tools and processes to evaluate portfolio construction and performance, profit and loss, and trading strategies; and
• Staying abreast of developments in trading strategies, analytical software, and market dynamics, and modifying and improving quantitative techniques accordingly.

The position requires a Master’s Degree in Financial Engineering, Mathematics, Physics, Computer Science or a related field or foreign equivalent, plus three (3) years of progressively responsible experience working with Buy Side companies in Finance. Experience must include: 3 years of experience working with financial products (including stocks, Futures, ETFs, and Options); 3 years of experience using notions of alpha generation, portfolio management, and back-testing; 3 years of experience performing statistical modeling and data mining (including researching, developing, implementing, and automating valuation models and trading systems); 3 years of experience using programming tools (including Python and VBA, knowledge of query languages such as SQL); 3 years of experience performing quantitative research on financial market data using statistical modeling techniques; 3 years of experience utilizing stochastic processes, time series analysis, cluster analysis, and factor models to develop financial models.

In lieu of a Master’s plus 3 years of experience, employer will accept a Bachelor’s degree in Financial Engineering, Mathematics, Physics, Computer Science or a related field or foreign equivalent, plus five (5) years of progressively responsible experience working with Buy Side companies in Finance. Experience must include: 5 years of experience working with financial products (including stocks, Futures, ETFs, and Options); 5 years of experience using notions of alpha generation, portfolio management, and back-testing; 5 years of experience performing statistical modeling and data mining (including researching, developing, implementing, and automating valuation models and trading systems); 5 years of experience using programming tools (including Python and VBA, knowledge of query languages such as SQL); 5 years of experience performing quantitative research on financial market data using statistical modeling techniques; 5 years of experience utilizing stochastic processes, time series analysis, cluster analysis, and factor models to develop financial models.

Telecommuting permitted up to two (2) days per week.

The base pay for this role is expected to be between $180,000 and $240,000. The expected base pay range is based on information at the time this post was generated. This role may also be eligible for other forms of compensation such as a performance bonus and a competitive benefits package. Actual compensation for the successful candidate will be determined based on a variety of factors such as skills, qualifications, and experience.

CV to Nicolas Delmotte at [email protected]. Schonfeld Strategic Advisors LLC is an Equal Opportunity Employer.

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