Top Quantitative Researcher Jobs in Chicago, IL

Quantitative Researchers at Citadel develop next-generation models and trading approaches for investment strategies. Responsibilities include conceptualizing valuation strategies, developing mathematical models, backtesting trading models, and conducting statistical analysis.

Global Quantitative Strategies (GQS) is the quantitative investment business of Citadel. They are one of the top quantitative investment teams in the world and specialize in using advanced statistical and quantitative modeling techniques to identify and act on investment opportunities. They are currently seeking Quantitative Researchers with a focus on conducting innovative research and utilizing mathematical and statistical modeling skills. Proficiency in C++ or Python is preferred.

Develop mathematical models using advanced statistical learning methods to build automated trading strategies across multiple asset classes. Conduct quantitative analysis of market data to uncover relationships and identify historical trends. No prior experience in financial markets required, training provided.

The Quantitative Researcher will collect and analyze data sets, identify patterns, and apply statistical analysis and data engineering skills to make forecasts and develop trading models. Strong programming skills in C++ are required, along with knowledge of forecasting and data mining techniques. A master's or PhD in Statistics, Physics, Mathematics, or a related subject is preferred. The role offers an annual base salary range of $175,000 to $275,000 USD.

Develop, refine, and implement algorithmic trading strategies using statistical models and machine learning. Leverage big data technologies to analyze trading strategies and financial instruments. Build stochastic models for financial derivatives valuation. Collaborate with a research team to predict market movements.