Parallel Partners

Senior Quantitative Researcher, Buy-Side, PhD Preferred

Parallel Partners$80K — $120K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-15 years of relevant experience in quantitative research or a related field.
  • Experience with a Buy-Side firm is essential, particularly in Futures Asset Class and High Frequency trading.
  • Proficiency in programming concepts is preferred, ideally with C++, although other languages like Java and Python may be considered.
  • Demonstrated ability in building predictive models and analyzing market data.
  • Will to take ownership and lead projects, with aspirations to grow into a leadership role.
  • Strong problem-solving skills, demonstrating self-motivation and creativity in thinking.
  • Excellent communication skills, both written and verbal, with a collaborative approach.

Responsibilities

  • Collaborate with technology and business teams to understand complex financial markets and strategies.
  • Analyze market data to identify patterns and potential trading opportunities.
  • Develop forecasting models and profitable trading strategies.
  • Utilize industry-leading software and research tools effectively.
  • Mentor and guide junior team members, enhancing their development.
  • Lead projects from inception to completion, ensuring accountability and ownership.
  • Tackle complex problems within a dynamic team environment.

Benefits

  • Comprehensive medical insurance coverage.
  • Retirement plan options for employees.
  • Paid time off (PTO) for work-life balance.
  • Company-sponsored visa opportunities for international candidates.
  • Relocation assistance for candidates moving to Chicago.
Full Job Description
Senior Quantitative Researcher, Buy-Side, PhD Preferred, Chicago, IL

We are seeking a Senior Quantitative Researcher with Buy-Side and PhD Preferred, for a great opportunity in Chicago.

Responsibilities:

- Work collaboratively with the technology and business teams to develop an understanding of complex financial markets, products, and strategies.
- Analyze financial market data to identify patterns and potential opportunities.
- Develop forecasts and building predictive and profitable trading models.
- Explore and work with industry leading software and research tools.
- Work alongside industry experts in the fields of technology and quantitative finance.
- Lead/mentor junior team members.
- Work on challenging and dynamic problems in a team atmosphere.
- Take ownership of and leading projects from start to finish.

Qualifications:

- 5-15 years of relevant experience.
- Futures Asset Class and High Frequency experience preferred.
- Must have direct experience with a Buy-Side firm.
- Knowledge of programming concepts (C++ preferred but not required).
- Experience actively building predictive models and analyzing the market.
- Desire to grow into leadership role preferred.
- Problem solvers who are driven, self-motivated, and "outside of the box" thinkers.
- Motivated, dependable, and responsible team players.
- Excellent written and spoken communication skills.
- Bachelor's, Master's, or PhD in a related field (Mathematics, Statistics, Physics, Computer Science).
- Must be willing to take ownership.

*Looking for candidates from top tier universities with a strong GPA. PhD in mathematics, statistics, physics or engineering is preferred. Will consider candidates who have a Master's degree along with work experience. Top universities include Massachusetts Institute of Technology/MIT, Carnegie Mellon University, Princeton University, Harvard University, University of California-Berkeley, Stanford University, University of Chicago, California Institute of Technology, University of California, Los Angeles, Columbia University, New York University, University of Michigan, Ann Arbor, Yale University, Cornell University, Brown University, etc.

Benefits include medical insurance, retirement plan, PTO, etc. Salary: 80K+ DOE. Keywords: Chicago IL Jobs, Senior Quantitative Researcher PhD Preferred, Buy-Side, C++, Java, Python, R, Quant, Machine Learning, Financial, Trading, Software Engineer, Software Developer, Programming, Programmer Analyst, Chicago Recruiters, Information Technology Jobs, IT Jobs, Chicago Recruiting

Company Will Sponsor Visas! Company Will Relocate Candidates!

About Parallel Partners

Parallel Partners is an investment management firm that specializes in private equity and venture capital investments. The firm focuses on investing in early-stage companies in the technology, healthcare, and consumer sectors. Parallel Partners was founded in 2018 and is headquartered in New York, New York.
Learn more about Parallel Partners
Size
10 employees
Industry

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