Virtu is looking for a detail-oriented quantitative researcher to join our Financial Engineering team in Boston. The emphasis of this position is on the research, development and maintenance of our industry-leading mathematical/statistical products, making them available for our clients.
The successful candidate joins a strong team that conducts trading-related research and development by applying principles of scientific computing and analytical and programming skills using modern state-of-the-art tools and software. The emphasis of this position is on the development, deployment and support of mathematical/statistical models for pre- and post-trade decision support as well as leveraging new technology to simplify QA, streamline model analysis and product support.
We create actionable products that improve decision-making for equity, fixed income, FX, and other asset classes. Investors around the world have better trading performance because of the work we do every day.
WE'LL TRUST YOU TO:
- Learn and be knowledgeable about our client execution data, analytics and models, lead new improvements and/or initiatives, and handle their support
- Develop re-usable common framework components that expose features of our analytics/model to internal and external clients, including integration of our new models into client-facing platforms
- Work with product managers, consultants and client services teams to understand, prioritize and effectively execute requirements
- Build robust production pipelines and automate validation and QA of new models and their applications
- Conduct critical comparison of alternative data sources and, if necessary, integrate them in the production pipeline
- Maintain and support existing research tools and products as well as audit new technologies and use-cases
- Apply advanced data processing techniques to enhance expert knowledge in measuring and analyzing realized transactions costs of Virtu's peer clients
WHAT YOU BRING WITH YOU:
- PhD degree in a quantitative field (e.g., mathematics, physics, statistics and operations research)
- 2+ years industry or relevant PhD or PostDoc experience
- Self-driven, detail-oriented and capable of formulating and solving problems independently
- Experience with C++ and Python is required
- Experience with scalable and modular software development and deployment as well as in depth knowledge of algorithms and data structures
- Interest in developing and owning business applications of our models/analytics
- Capability to support the existing production environment and nimble enough to navigate predecessors' code
- Ability to effectively use the Linux platform for development and high-throughput data processing
- Previous experience with statistical and optimization techniques is preferred
- Hands-on experience with intraday financial data and analytics is preferred
- Familiarity with Kx/q is a plus
YOU'RE JUST RIGHT FOR VIRTU IF YOU ARE LOOKING FOR:
- A smaller collegiate team environment
- A tech-savvy company on the cutting edge of innovation
- Direct exposure to the decision makers and senior leaders on all sides of the business
- Teams that are passionate about continually learning, improving and raising the bar
- A community that values hard work as well as work-life balance
- A company that is committed to giving back to the surrounding communities
Salary Range: $170,000 - $210,000 (salary range is exclusive of bonuses, benefits or other categories of compensation)
