Job offer
Principal Quant
The job posting describes a position as Principal Quant at Man Group in New York, in which the candidate will be responsible for developing and maintaining trading strategies designed to enhance global trading in financial markets. The ideal candidate has at least 5 years of experience in quantitative finance and experience with high-frequency trading and machine learning.
Tasks
The Algo Research Team is responsible for alpha research across various time horizons (from high-frequency to 48 hours), the design of execution strategies, and market impact modeling across all major asset classes (including cash equities, futures, and FX options). Key responsibilities include:- High-Frequency Alpha Research: Design, Implementation, and Deployment of Tick Data Functions and Machine Learning Models for Short Time Horizons
- Trading Strategy Management: Developing strategy logic, conducting post-trade analysis, and managing the production deployment of high-frequency execution algorithms
- Global Asset Class: Responsible for Man Group’s internal algorithmic trading in global equities, global futures, and other liquid electronic asset classes
- Stakeholder Management: Regularly communicating updates and plans to research leadership, global trading, and business management
Requirements
The requirements for this position include:- 5+ years of experience in quantitative finance, ideally at a proprietary trading firm or hedge fund
- 2+ years of experience with tick data
- 2+ years of experience in high-frequency trading strategies or high-frequency execution algorithm design, or analytical experience
- 2+ years of experience in programming with C++ or a similar language
- Experience with machine learning techniques is a plus
- PhD or an exceptional master’s or bachelor’s degree in a quantitative field
- Expert knowledge of Python and Unix environments
- Proficiency in C++, Java, or another low-level programming language
- Ability to write clear, concise, and informative technical and research reports
We offer
The company offers:- A comprehensive benefits package that includes competitive vacation time, a pension/G&I plan, and life and long-term disability insurance
- Additional benefits such as private health insurance, discounted gym memberships, and pet insurance
- A collaborative investment management environment that prioritizes quality and opportunities
- A comprehensive benefits package that includes health insurance, retirement savings, a charitable giving program, and professional development opportunities
Salary
The expected base salary for this position ranges from $206,680 to $295,000 USD. The compensation package also includes benefits and a discretionary bonus.Job details