What are the responsibilities and job description for the Quant Researcher/Trader (#2 at CTA/Fund) position at Fionics?
Job Details
Job Description
Job Description
Role Overview: We are in search of a dedicated Quantitative Researcher/Trader to be our #2 Quant, playing an instrumental role in shaping the direction and success of our fund (6 year track record)
This is a rare opportunity for mid level Quants to work alongside a seasoned fund manager, and former PM for 2 multi-billion dollar funds.
- Compensation includes both base/bonus compensation profit sharing.
- First year comp is $200k-$250k.
- Second year comp expected to be $600k-$1.2mm depending on fund performance.
Key Responsibilities:
- Alpha and Signal Research: Dive deep into data analytics and employ statistical methods to discover new alpha sources, while continually refining existing signals for performance optimization.
- Trade Execution: Implement and oversee the trade execution process, ensuring strategies are executed effectively while minimizing costs and slippage.
- Model Development and Optimization: Develop, backtest, and optimize trading models and strategies using advanced statistical and machine learning techniques.
- Collaboration: Work closely with the Fund Manager to incorporate insights into trading decisions and strategy formulations.
- Programming: Develop and enhance proprietary tools, platforms, and systems that support trading operations and strategy implementation.
- Strategy Discussions: Actively contribute to discussions about fund strategy, risk management, and capital allocation.
Qualifications:
- 2-7 years of experience as a Quant, with a strong preference for those with 2 years in commodities or futures.
- Basic to intermediate knowledge of Python for quantitative research and modeling.
- A relentless work ethic, demonstrating commitment, resilience, and the determination to excel in a demanding environment.
- Ability to collaborate, communicate, and work effectively in a team-driven setting.
Why Join Us?
- Collaborative Environment: Work directly under our Fund Manager, absorbing insights and contributing directly to the fund's direction.
- Equity and Profit Sharing: Your dedication and contributions won't just earn you a competitive salary but also the potential for equity and a share in the profits.
- Growth Potential: As our #2 Quant, you will be in a prime position to shape your future and the fund's trajectory, with substantial opportunities for professional growth.
Employers have access to artificial intelligence language tools (“AI”) that help generate and enhance job descriptions and AI may have been used to create this description. The position description has been reviewed for accuracy and Dice believes it to correctly reflect the job opportunity.
Salary : $200,000 - $250,000
