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May 23, 2023

Global Quantitative Strategies | Quantitative Research Engineer

$200,000 - $225,000 yearly
  • Citadel
  • Chicago, New York
Full time Quantitative Developer Quantitative Researcher

Job Description

Job Description

About Global Quantitative Strategies (GQS)
Global Quantitative Strategies (GQS) is Citadel’s quantitative trading business. Agile teams of passionate quantitative researchers, engineers and traders work together to generate and monetize insights across the global capital markets. The business trades Equities, FICC, and Volatility products in an automated fashion around the world with horizons ranging from intraday to 20+ days. We apply leading-edge research techniques and technology to generate and monetize insights about the future. 
 
Established in 2012, GQS has rapidly become an industry leader. Our commitment to excellence and collaboration has generated outsized impact at Citadel, and we invite team members who share our ambition to be the best.
 
JOB DESCRIPTION:
Quantitative Research Engineers (QREs) at Citadel partner with Quantitative Researchers (QRs) in an integrated fashion to analyze data, build models & signals for alpha generation, and manage risk.  As part of achieving this aim, QREs build software solutions that leverage sophisticated statistical techniques and technologies to answer the most challenging questions in finance. 
 
Skillset Requirements:
  • Years of experience: 2 – 8
  • Proven ability to take projects from design to delivery
  • Strong C++ experience in a setting where performance matters
  • Proficient coding in python
  • Prior experience in developing on a Linux stack
  • Bachelor’s, Master’s or PhD degree in Computer Science, Mathematics, Statistics, or equivalent field
 
  • Hands-on experience with:
  • trading systems and/or matching engines
  • order routing
  • execution algorithm development
  • multi-threaded and low-latency systems
  • kernel bypass methods
 
  • Familiarity with trade post processing
  • Exposure to execution algorithm research methodologies
 
Key Responsibilities:
  • Partner closely with our Trading and Research teams and play a critical role in the research, development of investment strategies and other mission critical projects
  • Creatively solve problems by understanding and prioritizing business value and applying technology solutions
  • Own the end to end engineering process from discussing quantitative models with the Quantitative Researchers to working with them to implement, research, analyze and productionize the models on to the markets
  • Transform petabytes of data into modern statistical models and/or operate close to hardware to execute the trades
  • Dig into the details of how our strategies interact with the market and continually improve them
 
Opportunities are available in Chicago and New York.
 
In accordance with New York City’s Pay Transparency Law, the base salary range for this role is $200,000 to $225,000. Base salary does not include other forms of compensation or benefits.

About Citadel

Citadel is one of the world’s leading alternative investment managers. We manage capital on behalf of many of the world’s preeminent private, public, and nonprofit institutions. We seek the highest and best use of investor capital in order to deliver market-leading results and contribute to broader economic growth. For over 30 years, Citadel has cultivated a culture of learning and collaboration among some of the most talented and accomplished investment professionals, researchers, and engineers in the world. Our colleagues are empowered to test their ideas and develop commercial solutions that accelerate their growth and drive real impact.

Firm Description

Hedge Fund

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Citadel
Citadel

Our ambition at Citadel is to be the most successful investment firm of all time. Together, we turn ambition into action. For more than three decades, Citadel has captured undiscovered market opportunities in markets around the world by empowering extraordinary people to pursue their best and boldest ideas. We strive to identify the highest and best uses of capital to generate superior long-term returns for the world’s preeminent public and private institutions.

Citadel Careers

Company size: 4000 - 5,000 employees

Headquarters: Miami, Florida

Founded: 1990