Quantitative Research Analyst

Quantitative Research Analyst – Forest Creek Capital

Company Overview

Forest Creek Capital LLC is a unique private investment firm that 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.

Role Summary

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. Multiple positions are available.

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, and 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 and 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 instructions 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.
 Skillset Requirements
  • Master’s degree in quantitative heavy fields such as mathematics, computer science, engineering, operations research or related quantitative field
  • Internship, research project or work experience involving substantial application of mathematics, statistics, and programming to real-world problems (minimum 2 months).

 Location: McKinney, Texas.

Send resumes to: Attn: Human Resources, Forest Creek Capital LLC, 2600 Eldorado Pkwy Ste 118, Mckinney, TX-94301 or to careers@fcreekcapital.com