Senior HPC / C++ Engineer – NYC

The role will involve architecting and developing the distributed framework. They want to refactor the software stack to handle other compute targets such as GPUs.  They focus on scale numerical methods (while backtesting) where high dimensional linear regression is required. Hence, they do not only have a real time software platform but big iron numerical codes also. The platform will be used for big data analytics, optimization  and dynamic modeling of short-term strategies (stat-arb).  They are looking for a “number cruncher” to develop/run algorithms at night/weekends to steer decisions/ other algos during trading time. They’re interested in big compute but currently use one node to sort a petabyte sized file.

We need someone to take lead on parallel architectures and distributed computing. This is a hands on role so the focus will involve understanding the problem, designing a solution and then coding / implementing the solution. We need a candidate who can code in C++ with a strong understanding of data structures, algorithms as well as work on architectural designs. The current technologists who interview will grade based on the above. However, to do the job you will need to have a strong background in kernel rewrites/optimizations, cache/vectorization/threading on CPUs and GPU’s and a solid understanding of scalable numerical methods.

Skills/Experience

• C++/STL/Boost
• Node architectures for CPU and GPU
• Debugging large parallel programs
• Experience writing numerical libraries
• Valgrind, Allinea DDT/MAP, Vtune, Intel Trace Analyzer

The budget of this is in the $400-$750k range all in.

Head of Reseach – High Frequency Trading – NYC

I am looking for an experienced quantitative researcher to lead cross asset research for a high frequency trading group in New York. The role will involve designing aggressive and market making strategies for central limit order books covering futures & cash across equities, FI, indices, and commodities.

• We are looking for someone who is currently at a top 10 liquidity provider.
• Preference for a candidate with machine learning background.

 

Quantitative Researcher – Systematic Derivatives Team – NYC or London

The Systematic Derivatives Team manages 17bn in AUM which is deployed across over 250 strategies. The role will involve working within the team to research, develop, document and implement trading strategies based on technical, fundamental factors.  The strategies are synthetic and trade futures, swaps, options.

Requires:

• Strong statistical research skills. (Particularly time series, probability, and regression)
• Solid grounding in financial maths: Risk Neutral Pricing, and CAPM.
• Good implementation skills in one of the following: C++/Java/Python
• Coding with a focus on numerical recipes, data structures, algorithms, recursive programming.
• 1-3 years experience required.

Problems in probability

• https://www.math.ucdavis.edu/~gravner/MAT135A/resources/chpr.pdf
• http://www.math.toronto.edu/barbeau/putnamprob.pdf
• http://www.math.uci.edu/~krubin/oldcourses/07.194/SolutionsA1B1.pdf

 

Quantitative Researcher – Algorithmic Market Making – Credit – London / New York

The role is with a quantitative trading team that specialises in market making in corporate credit. Traditionally this has been a voice business. My client is looking to automate these trades.

The role will involve: 

• Building electronic trading, market-making, order routing and hedging systems for a broad range of products traded in Credit
• Implement software using  Java and C++
• Conceive, design, analyse, and measure electronic trading strategies
• Acquire, clean, maintain, and analyse data sets to identify trends & patterns
• Document, maintain, and enhance systems in the Credit e-dealing business
• Provide production support.

An ideal candidate will have a strong academic background (ideally PhD), 2-4y finance industry experience, at least some of which in algorithmic trading (credit, equity, rates, FX order preference). The work will be ~50/50 split between statistical research and coding.  I’m looking for someone who can hit the ground running and who understands in advance what the job is likely to entail.

Contact me to discuss:

James(dot)kennedy(at)njfsearch(dot)com

 

Quantitative Credit Research Analyst – Boston

The role is with a systematic equity fund manager with approximately $60bn in AUM. The role is within the quantitative research group. This collaborative and intellectual team is responsible for devising investment strategies back-testing signals and producing return and risk forecasts in order to drive trading decisions.  We are looking for a researcher with a background in corporate credit in order develop a range of orthogonal signals which can be used to predict equity returns.  The forecasting models will be based on fundamental and technical insights and implemented systematically in a fully automated fashion. The team’s strength is in modeling global equities and they are looking to benefit from an experienced quantitative credit research analyst to take a leadership role in credit market research projects. Later down the line the role will involve building new investment vehicles targeting global liquid credit. There is significant scope for career development and leadership.

Ideal Candidate

• Experience with corporate bond data, including model-based and transaction-based pricing data.  Understanding of the models used to value optionality, such as call features.
• Understanding the market for credit derivatives, with specific emphasis on single name CDS.  Thorough understanding about contract terms, quotation conventions, definitions of credit events, and settlement-auction procedures.  Experience with CDS data sets.
• Experience with data on borrowers / reference entities, their corporate structures, and cross guarantees as well as with models using those data.
• Understanding of the behavior of rating agencies and experience in modeling data used and produced by rating agencies.
• Significant programming experience in a statistical computing environment or programming language such as STATA, R, MATLAB, or Python is a requirement.
• Good communications and management skills are required
• Broad interest in investment topics and ideas related not only to credit instruments but also to equities, currencies, rates, and commodities is required.

 

Contact me to discuss:

James(dot)kennedy(at)njfsearch(dot)com

HFT Role – CrossBoarder Arb – NYC

Looking for a High Frequency Trader for a cross boarder arbitrage team in NYC. The role will involve designing, deploying and maintaining high frequency passive market making strategies for US, EU, and APAC cross-listed stocks and ETF’s. We need a trader with quant research skills and 2-5 yrs of experience in working in HFT, preferably from a prop firm running similar HFT strategies.

Contact me to discuss:

James(dot)kennedy(at)njfsearch(dot)com

 

 

 

Algorithmic Trading Engineer (Stat-Arb Fund) – New York

We are looking for an Algorithmic Trading Engineer to join a $900m stat-arb hedge fund in New York, right next to grand central. The role will involve wearing a number of hats and helping out on research for the equity stat-arb and FX mean reversion strategy but with a principal focus will be on trading analytics, pre-post trade analysis, data checking and reconciliation processes, optimizing the firm’s trade execution and making enhancements to various processes and engineering the fat out of the system.

We are looking for an all-rounder who is happy to chip in on a range of tasks where needed and wear many hats within a small team. Skills required – an engineering type of background with strong programming skills, particularly Python, C# and SQL. (You will get tested on them if you go for an interview.) Knowledge of Matlab is also a strong plus. We need a good communicator and someone who is quick and able to work under pressure and able to get stuff done quickly and efficiently. In terms of work experience/knowledge we want someone who has worked on an equity trading desk. Can be sell side or buy-side. Knowledge of transaction cost analysis and trade execution are of particular importance. Someone with 2-4 yrs experience. Ideally targeting someone who is looking for their 2nd job.  Education should be masters level in Engineering, Comp Sci, or similar from a good school. Personality – Bright, driven and intellectually curious. Someone who asks lots of questions and wants to learn the business. It is an informal, smart casual culture and the firm has the feel of a start-up. Comp is in the $150-$250k range.

Contact me to discuss:

James(dot)kennedy(at)njfsearch(dot)com

Quant Trader, US Equity Market Neutral Trader – London

Looking for a mid frequency trader to join the stat-arb trading team within a 1.7bn hedgefund. This role sits within a team of 3 quant traders who are based in Hong Kong. The team manages a large stat-arb book covering APAC, EU and US markets. We need someone who is able to bring their own strategies to the firm and also manage the strategies for the team members in Asia. They have a wide range of alphas ready to role out for US markets and we need someone to manage the US portfolio of strategies. Preferably a quant trader with a background in equity alpha research statistically driven (technical/fundamental) drivers, portfolio construction/optimization, portfolio management and trade execution and also open to collaborating with colleagues and helping out with group tasks. The role will involve wearing a number of hats. Looking for a seasoned Quant Trader with experience running fully automated market neutral strategies with a target Sharpe of 2+ and expertise trading US equities with a 2 week portfolio turnover. We need someone seasoned and trustworthy who can manage a book in the region of $200x200m. Comp consists of a base + %. Role location: (UK, London, Charing Cross)-

Contact me to discuss:

James(dot)kennedy(at)njfsearch(dot)com

Low Latency Specialist – C++ Developer – San Francisco

Looking for a low latency specialist for high frequency trading firm in San Francisco.

The role will involve building the distributed messaging systems written in C++ for high frequency trading on domestic and international exchanges.

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Requires:

• Strong C++.
• Background analyzing, optimizing and debugging high performance software.
• Experience developing with sockets.
• Ability to contribute to a large and growing code base.
• A good understanding of the nuances of computer networks, operating systems and Intel architecture.

Apply to james.kennedy@njfsearch.com