Principal Quant

Tasks

The Algo Research Team is responsible for alpha research across various time horizons (from high-frequency to 48 hours), the design and implementation/validation of strategies, and market impact modeling across all major asset classes (including cash equities, futures, FX, and 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: Overseeing the research and implementation of Man Group’s internal algorithmic trading strategies for global equities, global futures, and other liquid electronic asset classes.
• Stakeholder Management: Regularly communicating updates and plans to research leadership, global sales, and business leadership.

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 in algorithmic research using tick data.
• 2+ years of experience in high-frequency trading strategy, high-frequency execution algorithm design, or analysis.
• 2+ years of experience with C++ software.
• Experience with machine learning techniques is a plus.
• PhD or an exceptional master’s or bachelor’s degree in a quantitative field.
• Expert knowledge in Python and Lua environments.
• Proficiency in C++, Java, or another low-level language.
• Ability to write clear, precise, and informative technical and research reports.

We offer

We offer a comprehensive package of benefits, including:

• Competitive vacation benefits.
• Pension/401(k) plan.
• Life and long-term disability insurance.
• Group and individual life insurance.
• Stock options.
• Depending on your location, you may also be eligible for additional benefits such as private health insurance, discounted gym memberships, and pet insurance.

The expected base salary for this position ranges from $176,640 to $293,600 USD. The compensation package also includes a discretionary bonus based on individual performance, contribution to the team, and market conditions at the time of this posting.