Akuna Capital

Quantitative Researcher - Prediction Markets

Akuna Capital$145K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's, Master's, or PhD in a technical field (Engineering, CS, Mathematics, Physics)
  • Proficient in Python; C++ is a plus
  • 2+ years in quantitative or programming roles, preferably in trading
  • Strong grasp of Linear Algebra, Numerical Methods, Statistics, Optimization, and Machine Learning
  • Genuine interest in sports and quantitative modeling

Responsibilities

  • Design and develop data capture pipelines for sports contracts
  • Develop and calibrate pricing models using historical data
  • Build and maintain internal tools for the research pipeline
  • Collaborate with trading and development teams to deploy models into production
  • Bridge the gap from research to production with an ownership mentality

Benefits

  • Comprehensive medical, dental, and vision coverage
  • Retirement contributions
  • Paid time off
  • Discretionary performance bonus
  • Opportunity to work in a dynamic and exciting field
Full Job Description
What you'll do as a Quantitative Researcher at Akuna:

Akuna's Prediction Markets team is looking to add a Quantitative Researcher focused on sports related contracts. The successful candidate will play a crucial role in developing Akuna's sports pricing capabilities, working closely with development and trading teams to refine and deploy these models alongside our strategies. This position offers the opportunity to make a direct impact on an exciting new desk at Akuna. The ideal candidate will possess strong programming and analytical skills, a creative mindset, and a passion for sports. In this role you will:
  • Design and develop data capture pipelines to enable the pricing of a variety of sports contracts (match outcomes, player props, in-game events)
  • Develop and calibrate pricing models using historical data in service of in-play quoting of sports contracts.
  • Build and maintain internal tooling to facilitate all aspects of the research pipeline
  • Work closely with trading and development to deploy models into production trading strategies, bridging the gap from research to production with an ownership mentality

Qualities that make great candidates:
  • Bachelor's, Master's, or PhD degree in a technical field, such as Engineering, Computer Science, Mathematics, or Physics (or a related subject)
  • Proficient programming skills in Python (C++ is a plus)
  • 2+ years of experience in a quantitative or programming role, preferably within the trading sector.
  • Deep understanding of fields such as Linear Algebra, Numerical Methods, Statistics, Optimization, and Machine Learning
  • Strong interest in sports and quantitative modeling.

We are especially interested in high agency individuals who have practical experience in financial markets and see the recent rise in prediction markets as an opportunity to ply their trade to a new domain they find more dynamic and exciting: sports. If you are a working quant and a sports data nerd, we want to hear from you!

In addition to technical skillsets, Akuna values the unique perspectives people can bring to the table to collaboratively solve complex problems and drive Akuna forward. We want everyone to feel empowered to apply. We welcome your application and encourage you to take the first steps toward your future with us!

In accordance with Illinois Equal Pay Act, the minimum base salary starts at $145,000. Exact compensation offered may vary based on many factors including, but not limited to, the candidate's experience, qualifications, and skill set. This role is also eligible for a discretionary performance bonus as part of the total compensation package and includes a comprehensive benefits package that may encompass employer-paid medical, dental, vision, retirement contributions, paid time off, and other benefits. The minimum base salary herein was determined in good faith by Akuna Capital LLC.

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