What are the responsibilities and job description for the Quantitative Developers(Sell Side- Desk owns PnL) Midtown position at The Cypress Group?
Job Title: Quantitative Developer (SRVP, VP, AVP Levels) – Credit Modeling Team
Location: New York City
Overview:
Join a dynamic, high-performing 8-person statistical modeling team at the forefront of credit modeling and trading. We are seeking exceptional Quantitative Developers at the Senior Vice President, Vice President, and Associate Vice President levels. This is an exciting opportunity to work directly on a trading desk that owns its P&L, with a clear path to transition into model creation and trading roles as you grow with the team.
What You’ll Do:
- First 6–12 Months: Focus on hands-on coding and algorithm optimization, collaborating with a close-knit team to enhance and streamline the desk’s performance.
- Growth Path: After mastering the systems and business workflows, take on increasing responsibility in developing models and contributing directly to trading strategies.
- Contribute to the design and implementation of cutting-edge Portfolio Management Systems, ETFs, or advanced Credit Modeling solutions.
- Use your Java programming skills to deliver robust, efficient, and scalable solutions.
What We’re Looking For:
- A minimum of 4 years of experience working on a desk or in a similar role.
- Strong skills in Java development, including writing production-level code and optimizing algorithms.
- Experience in Portfolio Management Systems, ETF strategies, or Credit Modeling is highly desirable.
- A proven ability to collaborate in a fast-paced, team-oriented environment where ownership of results is paramount.
- A passion for financial markets, with a deep understanding of the intersection of technology and trading.
Why Join Us?
- Work directly on a trading desk that owns its P&L, providing a unique combination of technical and business exposure.
- Be part of a fast-growing, agile team with a flat structure and collaborative culture.
- Clear career growth trajectory: move from development to modeling and trading roles as you deepen your impact.
- Competitive compensation package, including performance incentives tied to desk results.
Elevator Pitch:
Are you a highly skilled Quantitative Developer with a passion for trading and algorithmic optimization? Join our elite 8-person statistical modeling team, where you’ll not only write Java code and optimize algorithms but also transition into building models and trading strategies. Our trading desk owns its P&L, giving you direct exposure to the business impact of your work. With a clear growth path from coding to trading, this is your chance to merge technical excellence with market-facing roles in a collaborative, high-reward environment.
Apply now for immediate and confidential consideration!
Salary : $165,000 - $250,000