What are the responsibilities and job description for the Quantitative Researcher - Volatility (USA) position at Trexquant Investment LP?
We are seeking a highly skilled and motivated Quantitative Researcher to join our Volatility team. This role will be pivotal in helping to scale up a growing Volatility focused research group, and will work closely with our Head of Volatility to execute on our strategic roadmap. The role will focus on building volatility specific tooling, as well as on researching signals & strategies for trading within the volatility markets. The ideal candidate will have expertise in volatility modeling, statistical analysis, and a deep understanding of volatility market dynamics.
Responsibilities
- Build and maintain proprietary pricing/analytics tooling for volatility research
- Calibrate implied volatility surfaces across single stock, index, ETF options and more. Work with developers to productionize models and integrate them into backtesting and live trading systems
- Design, implement, and optimize trading strategies to predict volatility market trends using extensive financial data and a wide array of trading signals
- Parse and analyze large datasets to identify actionable alpha signals and develop strategies for volatility trading
- Explore and apply cutting-edge academic research in quantitative finance to assess, refine, and enhance the profitability of trading strategies
- Continuously innovate and improve existing models by integrating new data sources and advanced techniques to boost performance and scalability
- Collaborate closely with a team of experienced quantitative researchers to conduct experiments, backtest hypotheses, and refine strategies through rigorous simulations and data analysis
- BS/MS/PhD degree in a STEM field
- 5 years of experience in quantitative research, specifically focused on volatility markets
- Proficiency in programming languages like Python and statistical modeling
- Experience with industry volatility models; strong understanding of options pricing
- Familiarity with C a nice to have.
- Strong problem-solving skills with an ability to work effectively both independently and as part of a team
- Competitive salary, plus bonus based on individual and company performance
- Collaborative, casual, and friendly work environment while solving the hardest problems in the financial markets
- PPO Health, dental and vision insurance premiums fully covered for you and your dependents
- Pre-Tax Commuter Benefits - making your commute smoother
Trexquant is an Equal Opportunity Employer.