Quantitative Researcher - Fundamental Equities

$150,000 – $250,000 Performance Related Bonuses

Location: United States (New York – New York) Type: Permanent

My client is a market-leading hedge fund renowned for their innovative approach to quantitative investment. Their Quantitative Research team is uniquely positioned between their fundamental equities and systematic business, providing a rare opportunity to work at the intersection of two critical investment strategies. The collaborative, small team environment allows for hands-on exposure to cutting-edge models and techniques alongside some of the industry's top quantitative experts.

The Role:

As a Quantitative Researcher, you will play a pivotal role in driving research and development across key areas, including:

• Portfolio Construction: Designing and optimizing portfolios using advanced quantitative techniques.
• Risk Management: Developing risk models and strategies to enhance portfolio resilience.
• Multi-Factor Modelling: Researching and implementing factor-based models across different asset classes.
• Transaction Cost Analysis (TCA): Quantifying and minimizing transaction costs to improve execution strategies.
• Market Impact Modelling: Developing models to predict and mitigate market impact during trade execution.

This is a dynamic and varied role that provides ample room for innovation and the application of advanced analytical methodologies. You'll collaborate with both fundamental and systematic investment teams to deliver impactful solutions.

Key Responsibilities:

• Develop and refine quantitative models to support investment decisions and strategies.
• Analyze large datasets to uncover actionable insights across multiple asset classes.
• Collaborate with portfolio managers, risk teams, and traders to integrate quantitative research into the investment process.
• Build, back-test, and implement systematic strategies and tools to improve decision-making.
• Conduct in-depth research on multi-factor models and develop strategies to enhance performance and risk-adjusted returns.
• Continuously enhance models and frameworks for market impact and TCA.

Requirements:

• A strong academic background with an advanced degree (Master's, PhD preferred) in Mathematics, Physics, Statistics, Computer Science, or another highly analytical discipline.
• Proven experience in quantitative research, ideally within a hedge fund, asset management, or proprietary trading environment.
• Expertise in portfolio construction, risk management, multi-factor modelling, TCA, and/or market impact modelling.
• Strong programming skills, particularly in Python, R, or MATLAB, with experience in working with large datasets.
• Familiarity with financial markets, trading strategies, and investment management.
• Excellent problem-solving skills with the ability to work independently and in a fast-paced, collaborative environment.

Reference: AMC/RSP/NW/EQRNY