What are the responsibilities and job description for the Quantitative Researcher - Execution (USA) position at Trexquant Investment LP?
We are seeking a Quant Researcher to join our Execution team. In this role, you will be directly responsible for compiling and analyzing execution data in several asset classes, working on market impact models and trade cost analysis to minimize transaction costs and enhance performance of company portfolios. You will work closely with teams of traders, researchers, and operations to develop, test, and refine execution strategies that drive continuous improvement of our trading operations.
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- Manage seamless daily execution of $1bn notional across 5k equities, global futures, and an expanding list of asset classe s
- Develop tools to continuously analyze execution data across various trading instrument s
- Manage and update market impact models across all our traded asset classe s
- Design trading experiments and present results in order to collaborate with senior research team member s
- Implement execution strategies to further improve transaction costs and fill rate s
- Work with our Operations team to ensure best execution services provided by broker s
- Develop and implement processes for control, trade support, redundancy and automated prosecution of the trade lifecycl e
- Deepen firm execution capabilities through broker relationships, assessments, onboarding, commission management, and trade cost analysi s
- Build and lead a team of quantitative execution professionals capable of fine-tuning existing trading flow as well as expansion into new holding periods, countries and asset classe s
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- Bachelor's, Master's, or Ph.D. degrees in Mathematics, Statistical Modeling, Computer Science or other related STEM fields
- 3 years of experience working in an electronic execution role within quantitative trading compan y
- Strong quantitative skills, detail oriented, and proficiency in Python programming
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- Competitive salary, plus bonus based on individual and company performanc e
- Collaborative, casual, and friendly work environment while solving the hardest problems in the financial market s
- PPO Health, dental and vision insurance premiums fully covered for you and your dependent