What are the responsibilities and job description for the Quantitative Researcher (PhD Graduate) position at Thurn Partners?
Company Insight
Our client is a leading market-maker seeking PhD graduates and postdocs for an entry-level Quantitative Researcher role. They specialize in providing liquidity across various asset classes, including equities, options and futures. Using cutting-edge technology to enhance trading strategies and manage risk effectively, they owe their world-renown accomplishments to rigorous scientific research. Championing a culture of collaboration, continuous learning and professional growth, they operate in major financial hubs around the world, including London, Chicago, Sydney and Singapore.
This job is based in Austin, TX. Please ensure that you meet all the required experience below. Otherwise, your application will not be considered.
Your Role
In this role, you will:
- Use statistical models and machine learning to develop trading algorithms
- Leverage big data technologies to analyze high-frequency trading strategies, market microstructure and financial instruments to identify trading opportunities
- Build stochastic models to determine the fair value of financial derivatives
- Combine quantitative analysis and high-performance implementation to ensure the efficiency and accuracy of pricing engines and libraries
About You
- PhD in Mathematics, Economics, Statistics, or a related STEM field with a strong quantitative focus is essential
- Availability to commence full-time employment upon graduation in 2025 is essential
- Strong command of probability, risk assessment and mental math is essential
- Excellent research, analytical, and modeling skills
- Proficiency in Python and/or C
- Knowledge of machine learning, time-series analysis, pattern recognition, and NLP is a plus
Your Benefits
- Performance-based bonus structure unmatched anywhere else in the industry
- Work with experienced Quants from Day 1
- Global networking opportunities
- 401(k) match up to 50% and fully paid health insurance
- 25 paid vacation days alongside market holidays
Pre-application
- Please do not apply if you are looking for a contract or remote work
- You must be eligible to live and work in the US, without requiring sponsorship
- Please ensure you meet the required experience section prior to applying
- Allow 1-5 working days for a response to any job enquiry
- Your application is subject to our privacy policy, found here: https://www.thurnpartners.com/privacy-policy
