Quantitative Assistant Traders help to develop, test, and implement models and tools for securities trading; perform associated empirical research and data analysis; and apply analytical skills to trading problems as they arise. In carrying out the duties of the position, they are required to apply, both at a theoretical and practical level, their knowledge regarding advanced mathematics, algorithm development and statistical system architectures gained through studies resulting in a quantitative degree.
The nature of the specific duties and responsibilities of the position of Quantitative Assistant Trader are so specialized and complex that the knowledge required to perform these duties is usually associated with a Bachelor's degree, or foreign equivalent, in a quantitative field such as Mathematics, Physics, Science, Statistics, Computer Science, or Engineering. This is the normal requirement for the subject position.
Quantitative trading in the financial sector is becoming more pervasive. As these markets become more efficient, there is a constant need for Quantitative Traders to come up with new ideas and build new analytical algorithms. However, the supply of Quantitative Traders with strong mathematical and analytical backgrounds is scarce, and many financial institutions are demonstrating a growing need to retain them. More companies are employing Physicists, Engineers and Mathematicians as Traders. These candidates demonstrate the ability to utilize their backgrounds in solving complex mathematical algorithms and performing empirical data analysis to develop unique quantitative strategies that are necessary to continue the growth and expansion of financial institutions in the constantly evolving global financial field.
What we're looking for
Minimum of a Bachelor’s degree in a quantitative field such as Mathematics, Physics or EngineeringExceptional quantitative, logical reasoning, and analytical skillsExcellent verbal communication skillsAbility to work effectively with a team while having the confidence to act autonomouslyDemonstrated interest in strategic games and/or competitive activitiesAbility to thrive in a fast-paced and competitive environmentCoursework in mathematics, engineering, science, and technical fields preferredGeneral computer skills required; computer programming skills a plus