The group will run multiple arbitrage strategies at any given time. In an attempt to create a 'no touch' trading environment, the firm would like to build a simulation test bed where they can test the risk of its strategies based on thousands of scenarios through various current and historical tick data parameters. For this position, we seek an individual who can build out a 'neuro' environment so that they can anticipate which strategies will be profitable at any given time.

Candidate will be responsible for the integrity of all of the data within the environment as well as developing mathematical models in support of volatility trading and arbitrage (statistical, convertible, risk...). Candidate will focus on developing innovative risk management models for multiple products and leading all technical efforts that will include: systems architecture, data mining, predictive modeling, and core technology operations. Candidate must have a PhD in Computer Science, Mathematics, or Physics. Candidate must have experience building systems or quantitative tools in a trading environment. Strong experience developing predictive/AI tools is a plus although not a requirement. Experience using multiple data mining techniques is preferred. Solid foundation in statistics and core mathematics is a must. Expertise in multithreading and algorithms is a must. Candidate should also have experience managing teams of technologists or quants.

Compensation $300,000 - $500,000

Email MS Word attached resume in confidence to: resumeJP@hrg.net

Reference JP65-PhD,  Stat Arb Trader on subject line.

To apply:

Email MS Word attached resume in confidence to: resumeJP@hrg.net

Reference JP65-PhD,  Stat Arb Trader on subject line.

 HRG's Trading Team recruits the top tier Traders, Sales and Financial Engineers for the financial industry. Our clients look to HRG for the best talent to support Algorithmic / Electronic trading as well as the Sales professionals and Traders to support the equity and fixed income markets. Algorithmic Trading is one of the fastest growing areas in equity trading that is expected to encompass other asset classes namely derivative and fixed income in the future.

HRG's Quantitative Team recruits the quantitative analysts and analytical programmers that clearly stand out among their peers. Our clients look to HRG for top talent for their trading desks, market risk, research, model validation and credit risk quantitative analysts. Our expertise covers all asset classes from equities, derivatives, structured credit and fixed income products.

HRG's Asset Management Team recruits the best buy side talent for our clients' portfolio management and analysis opportunities. Our clients rely on our ability to isolate and align the top-tier candidates; from up-and-coming Junior Analysts to Global Portfolio Managers with proven strategies.

HRG's Technology Team recruits the top tier technologists with the strong technical expertise, hard business knowledge and superior communication skills. Our clients look to HRG to introduce those technologists to work with the traders, business and IT to develop their front office solutions.