Quantitative Researcher - Cash Equities


New York
Permanent
USD150000 - USD200000
Quantitative Analytics Research and Trading
PR/547565_1748871974
Quantitative Researcher - Cash Equities
Quantitative Researcher - Cash Equities | NYC-Based Hedge Fund
Team Overview:
A successful portfolio manager who launched their strategy in mid-2024 is expanding their team after a strong first year live on a new platform. With over $1B in GMV and a robust infrastructure in place, the team is focused on alpha generation in the U.S. equity markets, leveraging alternative data and a collaborative research environment.
The PM has a background in cash equities and alternative data, with a focus on 1-20 day holding periods. The team values humility, energy, and conviction in research, and is looking for individuals who are excited to take ownership of their work and grow within a high-upside, team-oriented environment.

Role: Quantitative Researcher
Location: New York City (5 days/week in-office)
Experience: 3-8 years (flexible for the right candidate)
Start Date: ASAP (ideally within 3-6 months)
What You'll Do:
  • Conduct alpha research in U.S. equities, ideally within 1-20 day holding periods (intraday also considered)
  • Develop and own your own strategies from data exploration to signal generation and execution
  • Collaborate closely with the PM and a junior researcher to expand the team's research footprint
  • Contribute to a core revenue-generating function with the potential to manage your own book over time
  • Leverage a rich alternative data environment and strong infrastructure to accelerate research
Ideal Candidate:
  • Demonstrated alpha research experience in U.S. equities
  • Comfortable with 1.5-2.0 Sharpe strategies
  • Brings orthogonal thinking to the team's current approach
  • Backgrounds of interest include:
  1. Open/Close auction strategies
  2. MFT Equity Stat-Arb strategies
  3. Equity derivatives used to trade single stocks
  4. Fundamental data-driven strategies
  5. Sell-side experience in CRB or liquidity market-making groups
  • Collaborative mindset with a strong sense of ownership
  • Humble, energetic, and confident in backing their signals
Compensation:
  • Base salary: $150K-$200K (depending on experience)
  • Total comp: $300K-$450K (performance-based)
  • Bonus structure: tied to performance of individual signals/strategies and team performance
  • Potential for first-year guarantee or sign-on bonus (case-by-case, tied to track record)
  • Significant upside for strong performers, including potential to run your own book down the line
Why Join:
  • Work directly with a PM in a non-siloed, collaborative environment
  • Access to extensive data and infrastructure to support alpha research
  • Opportunity to grow from a team player to owning and managing your own strategies
  • High-impact role with clear link between performance and compensation
  • Culture of ownership, transparency, and long-term growth

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