Citadel seeks top Ph.D. level graduates, ABDs, and junior faculty to help continue building one of the world’s leading global financial institutions. Citadel pursues path-breaking work and handsomely rewards excellence. For the right individual, this opportunity represents an exciting career path in investments research.

Duties and Responsibilities

• Develop core algorithms and models leading directly to trading decisions
• Conduct research and statistical analyses about securities and commodities
• Evaluate vendors of financial information; evaluate and work with new data sources and analysis packages in developing investment strategies
• Conceptualize valuation strategies, develop and continuously improve upon mathematical models, and help translate algorithms into code
• Work closely with traders in interpreting valuations and developing next generation models and analytics
• Provide high level technical and investment analytic support to the trade desk

Qualifications

• Solid graduate-level training in computer science, mathematics, physics, statistics or a related field
• Previous exposure to a quantitative role within a trading environment is a plus
• Strong coding skills (i.e. C++ Object Oriented Development), familiarity with one or more statistical packages (e.g. Splus, MatLab or SAS) and exposure to one or more scripting languages (e.g. bash, PERL, etc.)
• Strong mathematical and/or statistical modeling skills, both time-series and cross-sectional skills are highly valued
• Comfortable in a complex, demanding and highly technical environment
• Demonstrated empirical skill; comfortable with analysis of large datasets
• Demonstrated interest in or knowledge of investments, especially derivatives, asset pricing, empirical anomalies and market micro-structure, Equities, fixed income and commodities expertise are all needed

Education

• ABD or Ph.D. in Computer Science, Mathematics, Physics, Statistics or related fields with demonstrated ability to complete high-level, investments related research

To apply: To Apply, please submit your resume/Curriculum Vitae (CV) indicating cumulative and major GPAs to:

Citadel Investment Group, L.L.C.
131 South Dearborn Street
Chicago, IL 60603

Email: ming.yue@citadelgroup.com

Principals only. Recruiters, please don't contact this job poster.

Since its founding two decades ago, Citadel has grown into a global financial institution. The firm’s culture of identifying and seizing opportunities can be traced back to CEO and firm founder, Kenneth Griffin’s passion for the markets. While a student at Harvard, Griffin developed his first convertible bond arbitrage model and traded from his dorm room. One year after graduation, Griffin launched Citadel as a single strategy fund.

Today, Citadel is a leading global financial institution with a diverse business platform that is built on a foundation of world-class talent, technology and infrastructure. Founded in 1990, the Citadel group of companies includes a division that principally executes alternative investment strategies across multiple asset classes; and Citadel Securities, comprised of investment banking, a sales and trading platform, an industry leading market making franchise, and Omnium, a recognized administrator serving financial institutions. With more than 1,000 team members, Citadel operates in the world’s major financial centers, including Chicago, New York, London, Hong Kong and San Francisco.