PDT Partners logo

PDT Partners

Quantitative Researcher at PDT Partners

New York, NYFull-timeResearch / StrategiesPosted 3 months ago

About the Role

<p><strong>Experience Required: </strong>Entry-level (PhD Program) or Experienced (Postdoc, Faculty, Scientific Lab)</p> <p><strong>Education:</strong> PhD in Math, Science, Engineering and other relevant disciplines</p> <div>The PDT team - a quantitative investment manager - is hiring new or recent PhD graduates and experienced researchers (postdoctoral fellows, faculty, scientific lab, finance industry) to create and improve proprietary trading models and strategies while working closely with a deep bench of senior researchers.</div> <div>&nbsp;</div> <div>We have a successful record of hiring, challenging, and retaining talented researchers from diverse academic backgrounds. Individuals interested in conducting innovative research with real-world impact seem to enjoy and excel at the types of problems we like to solve.</div> <div>&nbsp;</div> <div>PDT Researchers work in small, nimble teams where merit and contribution, not seniority, drive the discussion. We strive to foster an intellectually challenging environment that encourages collaboration and innovative ideas. &nbsp;</div> <div>&nbsp;</div> <div>In our research-driven approach to the financial markets, our Chief Scientist oversees the group-wide research agenda, ensuring team members work on the most critical and interesting problems, with a focus on research rigor and standards.</div> <div>&nbsp;</div> <div><span class="TextRun SCXW71605367 BCX0" lang="EN-US" data-contrast="auto"><span class="NormalTextRun SCXW71605367 BCX0">This is a hybrid position and will require the person to work from our New York City office at </span><span class="NormalTextRun ContextualSpellingAndGrammarErrorV2Themed SCXW71605367 BCX0">minimum</span><span class="NormalTextRun SCXW71605367 BCX0"> 3 days a week.</span></span><span class="EOP SCXW71605367 BCX0" data-ccp-props="{&quot;201341983&quot;:0,&quot;335559740&quot;:257}">&nbsp;</span></div> <div> <p><strong><span data-contrast="auto">Why join us?</span></strong><span data-ccp-props="{}">&nbsp;</span></p> <p><span data-contrast="auto">PDT Partners has a 30+ year track record and a reputation for excellence. Our goal is to be the best quantitative investment manager in the world—measured by the quality of our products, not their size. PDT’s very high employee-retention rate speaks for itself. Our people are intellectually extraordinary and our community is close-knit, down-to-earth, and diverse.</span><span data-ccp-props="{}">&nbsp;</span></p> </div> <div><strong>Responsibilities:</strong></div> <div> <div> <ul> <li>Work closely with senior researchers on a variety of trading strategies and research projects, with the opportunity to conduct independent research and originate research topics over time</li> <li>Contribute to the long-term success of our research-driven algorithmic trading business</li> </ul> </div> <div>&nbsp;</div> <div><strong>Below is a list of skills and experiences we think are relevant. Even if you don’t think you’re a perfect match, we still encourage you to apply because we are committed to developing our people.</strong></div> </div> <div> <ul> <li>Solid mathematical and analytical ability; exceptional problem-solving and modeling ability</li> <li>Research intuition</li> <li>Experience in programming (Python, R, Matlab, C++)</li> <li>Excellent communication and collaborative white board skills</li> <li>Meticulous and detail-oriented, and innately driven to understand issues deeply</li> <li>Experience with/interested in working with large data sets</li> <li>Self-motivated and highly-productive, with a strong sense of ownership and urgency</li> <li>Able to work collaboratively and productively with others</li> <li>Enjoy solving complex, difficult, real-world problems</li> <li>Entrepreneurial and creative &nbsp;</li> <li>Finance knowledge is not required or expected</li> </ul> <p>&nbsp;</p> <p>The salary range for this role is between $190,000 and $250,000. <u>This range is not inclusive of any potential bonus amounts.&nbsp;&nbsp;</u>Factors that may impact the agreed upon salary within the range for a particular candidate include years of experience, level of education obtained, skill set, and other external factors.</p> <p>PRIVACY STATEMENT: For information on ways PDT may collect, use, and process your personal information, please see&nbsp;<u><a href="https://pdtpartners.com/legal-notices">PDT’s privacy notices</a>.</u></p> </div>