Demo

Quantitative Trader

Old Mission
New York, NY Full Time
POSTED ON 2/24/2025
AVAILABLE BEFORE 5/17/2025

Old Mission is a global proprietary trading firm that leverages state-of-the-art technology and research to identify and execute profitable trading strategies across multiple asset classes around the world. Our offices in Chicago, New York, and London are all composed of naturally-curious individuals who thrive in a team environment and constantly strive for improvement.

Old Mission does not seek capital from outside investors, allowing us the flexibility to aggressively invest in our team members and keep them engaged in the firm's growth.

Responsibilities :

  • Take part in disciplined decision making, risk management, and research.
  • Manage the entire trading cycle including signal research, portfolio construction, execution and risk management.
  • Participate in trading and research with a primary focus on global equities. Focus on medium market-neutral systematic trading strategies.
  • Understand index rebalance forecasting and trading, portfolio construction and optimization. Identify, track, or maintain metrics for trading system operations and interpret results of financial analysis procedures.
  • Conduct research in finance, including computational finance and develop and maintain tools for the purpose of quantitative and profit analysis.
  • Research new products to trade and set up proprietary systems and models to facilitate trading. Provide critical feedback on reports on the practicality of the implementation of trading in new products.
  • Undertake research projects related to trading financial instruments and financial products to determine their usefulness, present results, and actively engage in trading strategy implementation (creation of algorithms, running simulations, and analysis).
  • Use knowledge and skills in engineering, mathematics, and computer programming to research, test and develop various algorithmic trading components to formulate ideas and strategies in the trading space. Maintain or modify all financial analytic models in use as necessary.

Required Skills :

  • Bachelor's degree, or foreign equivalent, in Electrical Engineering, Mathematics, Statistics or related quantitative field and 6 years of work experience as a Quantitative Trader or related role. Additionally, the applicant must have professional experience in the following :
  • 6 years of experience utilizing and formulating quantitative techniques;

  • 6 years of experience in trading strategy implementation (creation of algorithms, running simulations, and analysis)
  • 6 years of experience in researching, testing and developing various algorithmic trading components;
  • 6 years of experience in optimizing program trading ideas and implementing analytical and trade execution software in Matlab, Python, C#, SQL, Perl, and Excel VBA;
  • 6 years of experience utilizing various financial data sourced via Bloomberg, Factset, Reuters
  • 5 years of experience in utilizing various Index Data provided by major Index Providers such as MSCI, FTSE, SPDJI, NASDAQ, CRSP, MVIS, WisdomTree
  • 5 years of experience in forecasting Global Index Changes with high accuracy;
  • 5 years of experience in back testing and automating Index Change forecasting models
  • 5 years of experience in forecasting Global Index Rebalances
  • Understanding of factor risks and various ways of portfolio construction to be able to mitigate said risks; building accurate models that estimate that one is taking the appropriate risk; and
  • Experience of risk modelling and portfolio optimization techniques, creating and building models and optimizing trading strategies using their advanced programming ability.
  • Benefits and Perks

  • Fully paid Medical, Dental, Vision, Disability, and Life Insurance
  • Fully stocked kitchen; free breakfast and lunch every day on-site
  • Tuition Reimbursement Program
  • 401(k) with employer match
  • Paid Vacation, Sick, and Parental leaves
  • Commuter and Flexible Spending Programs
  • Base Salary Range

    175,000 - $250,000 - Salaries are based on numerous factors such as skills, experience, and education. Our compensation package also includes a discretionary bonus and a comprehensive benefits program for full-time employees. For more information, reach out to your recruiter.

    Old Mission is not accepting unsolicited resumes from any staffing / search firms. All resumes submitted by staffing / search firms to any employee at Old Mission via-email, the Internet or directly without a valid signed search agreement will be deemed the sole property of Old Mission, and no fee will be paid in the event the candidate is hired by Old Mission.

    Salary : $175,000 - $250,000

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