Job Description

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: # Open/Close auction strategies # MFT Equity Stat-Arb strategies # Equity derivatives used to trade single stocks # Fundamental data-driven strategies # 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

Job Tags

Immediate start, Relocation bonus, Flexible hours,

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