Lead Quantitative Analyst
*We are unable to provide visa sponsorship either now or in the future for this position
Realize your true potential by joining a dynamic, successful team breaking new ground in technology and trading. We’re looking for an analytical, quantitative, and highly creative Lead Quantitative Analyst to join an elite group developing the next generation of trading strategies at PEAK6.
In this role, you will work with a team of traders, quants, and software developers to implement execution and trading strategies and see them work in real trading. Your ideas will be heard and your analysis will be put into play.
We’re looking for someone who:
- Has intellectual curiosity. You’re driven to find innovative ways to solve problems and are driven to investigate new/impactful questions that will help support and expand our core business and equity options trading.
- Is a Thought Leader. You want to drive the business forward with your ideas and contribute to new strategies that will impact the way the firm leverages market data.
- Seeks creative solutions. Out of the box solutions don’t work here. We need minds who can find creative ways to solve problems and generate insights.
- Is courageous. You’re willing to challenge the status quo. You trust your instincts and will say what you think, even if it’s controversial.
- Is open. You’re willing to accept learning new and different things, this goes beyond just what you learn about markets.
What you’ll do all day (this should be more specific to the role)
- Be an integral part of an elite group. You’ll work shoulder-to-shoulder with a team of experienced and successful traders, quants & developers to see your ideas put into play.
- Analyze the market to generate ideas and insights. You’ll use your quantitative analysis skills to design and implement statistical models that will help us drive efficiencies and get an edge in the market.
- Make sense of the market to identify unique opportunities. You’ll analyze trade and market data to optimize our portfolio and develop new ideas or strategies.
- Use data to drive firm decision and strategy. You’ll bring the right data to the table that will drive decisions around strategy and implementation.
A few reasons why you might love working at PEAK6:
- We invest in great ideas. As a firm with a proven, entrepreneurial approach, you’ll have very real opportunities to see your ideas come to life.
- Your success will be recognized and appreciated. You’ll be able to see your direct impact on our growth. You won’t be just another cog in the wheel.
And a few reasons why you might not love working here:
- We’re not developing low-latency strategies. We’re not a high-frequency trading firm. We’re a hands-on proprietary trading firm using innovative, analytical insights to drive our trading strategies.
- You don’t like change. This is not a job for someone who likes ‘predictable’. The market is dynamic. Market conditions shift often, which means you need to adapt accordingly. You won’t be bored.
The skills you’ll need to succeed:
- Have a demonstrated track record of applying ML techniques to solve specific problems.
- Deep knowledge of some types of modeling.
- Ability to define the problem, engineer the features, design appropriate metrics and iterate to determine the best model, etc.
- Broad knowledge of many available prediction methods.
- Interest and ability in collaborating with other team members and playing a key role as a thought leader for the firm to drive new ideas and initiatives while helping to mentor other analytics team members.
- Advanced knowledge of the tools of the trade (relational databases, python/r, etc.)
- Extensive experience collaborating with business and subject matter experts to define appropriate features and metrics.