Quant Research Analyst - Philadelphia, Pennsylvania United States - 6462

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Job #: 6462
Title: Quant Research Analyst
Job Location: Philadelphia, Pennsylvania - United States
Employment Type:
Salary: $150,000.00 - $250,000.00 - US Dollars - Yearly
Other Compensation: bonus
Employer Will Recruit From: Nationwide
Relocation Paid?: Yes


Privately-held investment firm is seeking candidates with a PhD and background in mathematics and sciences to join their Quantitative Research Team.


You will be developing, testing and implementing highly complex pricing models and technical tools that are the roadmap for the firm's daily trading activities. You will participate in back-testing, where you will evaluate changes in market activity and differences in real-world behavior and then and utilize this knowledge to continually recalibrate and improve models and analytics.

Your role will involve practical application of your strong mathematical skills, in areas such as probability and statistics, stochastic processes, numerical analysis and optimization, to real-time opportunities within the markets. You will be working side by side with traders and peers across various lines of business and technical teams to support projects that will span big data analysis, performance evaluation/optimization, and strategy development among others. Your research and analysis is essentially driven by the needs of the business and often directly impacts the firm’s bottom line.



-Ph.D. in mathematics, physics, statistics, electrical engineering or related discipline.

-Strong programming skills in C++ and Matlab or Python.

-Experience in OOP, VB and Excel is a plus.

-At least 2 years of professional and/or academic experience in model development, big data analysis and/or quantitative research.

-A working knowledge of derivatives pricing theory is desirable.

-Experience in data and time series analysis strongly preferred.

-Securities industry experience a plus but not required.