Quantitative Analyst, Equities Jobs

What You’ll Do

• Work with novel data sources to extract independent forecasts
• Enhance systems for back testing, portfolio optimization and strategy deployment
• Work closely with researchers and portfolio managers to solve mathematical, empirical, and coding problems
• Generate, develop and refine trading signals and algorithms for quantitative strategies

What’s Needed/Required For The Role

• Excellent mathematical, modeling and problem solving skills
• Strong written and verbal communication skills
• 2-5 years of industry experience developing quantitative equities trading strategies
• Focus, efficiency, creativity, and rigor while working in a fast-paced environment
• Expertise in conceptualizing and developing trading signals
• Demonstrated ability to conduct independent research and also collaborate as part of a team
• Postgraduate degree in applied mathematics, quantitative finance, physics, computer science, or other technical field
• Strong programming skills in languages such as Python, Matlab or R
• Experience with databases and unconventional data
• Broad toolkit including financial math, machine learning, econometrics, and optimization

About Magnetar Capital
Magnetar Capital is a leading, global alternative asset manager with over $13B AUM as of March 31, 2023. Grounded in nearly two decades of investing experience, we focus on delivering positive outcomes for our investors by seeking to generate consistent performance across a variety of market conditions through our core businesses: Alternative Credit and Fixed Income, Energy and Infrastructure, Healthcare and Systematic Investing. We are based in Evanston, IL with additional offices in New York, London and Houston.
Magnetar employees are among the best in the business at what they do. We attract highly skilled, dedicated professionals who enjoy collaborating and implementing innovative ideas. Our employees have an intense level of intellectual curiosity, a profound passion for our work and care deeply about delivering results for our investors, the firm and for each other. We work hard to foster an inclusive and welcoming environment where employees are empowered to thrive.
We are purposeful about investing in our employee’s health, well-being and firm culture. When you work at Magnetar, you will receive premier health care benefits, eligibility to enroll in a 401(K) savings program with employer match, unlimited PTO, lunch onsite, access to mental and physical wellness programs, the opportunity to participate in employee affinity groups with curated programming and networking events, and much more.
Disclaimer
The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.
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