Quantitative Research Analyst
Forest Creek Capital LLC is a unique private investment firm and wants to build the best quantitative oriented portfolio management team in the industry. We are seeking to hire exceptionally talented and entrepreneurial thinkers to design and develop cutting-edge quantitative models and systems.
Quantitative research analysts work closely with the other team members to design and build predictive models and optimization engines for use in our trading strategies. Our analysts have end to end ownership from quantitative strategy development to deployment.
Key Responsibilities
- Formulate portfolio management and security/derivative selection strategy using statistical and data mining methodologies such as Neural Networks, Genetic Algorithms and Multi-Factor Regression models etc.
- Use stochastic calculus to develop the pricing for derivatives (e.g., options)
- Perform validation and testing of portfolio exposures, performance, risk, factor biases to ensure that portfolios remain suitable for the return-risk constraints under all market conditions
- Conducting advanced analysis of trading and market data to identify underlying factors, provide decision support tools and develop mathematical models and recommendations for improving our/clients’ trading process
- Develop optimum return-risk trade-offs using operational research (e.g., constrained optimization) and risk management techniques (e.g., industry standard risk valuation techniques such as Value at Risk and Principal Component Analysis (PCA))
- Present a plan including flowcharts and diagrams to convert the valuation and risk management algorithms into a sequence of steps
- Formulate a plan including flowcharts and diagrams to convert the valuation and risk management algorithms into a sequence of steps
- Convert project specifications into a sequence of detailed instruction and logical steps of a language processable by a computer utilizing different platforms/languages such as MYSQL, PHP, Python, JAVA and WEKA, etc.
- Test, maintain, and monitor other computer programs and systems, including coordinating the installation of computer programs and systems that incorporate these project specifications
Education and Experience
- Master’s degree in Mathematics, Statistics, Computer Science, Engineering, Operations Research, or related quantitative field; or
- Bachelor’s degree in mathematics, statistics, computer science, engineering, operations research, or related quantitative field plus five years of progressive experience in the occupation
Jobs Category: Quantitative Research Analyst
Job Type: Full Time
Job Location: United States
Looking forward to having you on our team, All the best.