Quantitative Developer – High Frequency

Cubist Systematic Strategies Published: 4th February 2017
Location
New York, NY
Job Type
Category

Description

JOB DESCRIPTION: Lead Quantitative Developer, Cubist Systematic Strategies (New York)  

 

About Cubist:

Cubist Systematic Strategies, the systematic investing business of Point72, is one of the world’s premier investment firms. The firm deploys systematic, computer-driven trading strategies across multiple liquid asset classes, including equities, futures and foreign exchange. The core of our effort is rigorous research into a wide range of market anomalies, fueled by our unparalleled access to a wide range of publicly available data sources.

 

Role/Responsibilities:

The candidate will work closely with the Portfolio Manager (with proven track-record in Equities/ETFs) and lead the tech development efforts for the team. The responsibilities would include:

  • Building high-performance/low-latency trading components for both live trading and simulation
  • Developing a trading platform that holds the core strategy component, inputs the market data and outputs the trading signals to markets for execution
  • Refining, and increasing automation and robustness of the research infrastructure including alpha estimation, risk modeling, and backtesting components
  • Developing a data recording, cleaning and storage mechanism
  • Developing a booking, position keeping and reconciliation mechanism
  • Responsible for technology infrastructure systems development, which includes connectivity, maintenance, and internal automation processes
  • Troubleshoot and resolve any systems related issues and handle the release of code fixes and enhancements
  • Maintaining the production and research systems and software setup, ensuring its stability, robustness and security
  • Participating in the execution monitoring
  • Researching and implementing performance analytics, including signal performance and post-trade analytics (e.g. slippage, fill-rate, and market impact reports)
  • Achieving trading system robustness through automated reconciliation and system-wide alerts and fuses
  • Participating in some execution/intra-day alpha research projects

 

An ideal candidate would have previous experience in building a full trading system from scratch. He/she would be familiar with market data, order passing, OMS and EMS components of a trading system. Previous experience on a market connectivity project would be a plus.

 

Requirements:

  • Strong software development skills. Solid low latency trading systems C++ experience. Some experience in R/SQL is a plus.
  • At least 4 years of developer experience in a quantitative business preferably in High Frequency Trading
  • Detail-oriented with excellent analytical and problem-solving skills to continuously evolve with the changing market challenges
  • Self-motivation and enthusiasm to learn about end to end trading systems and markets
  • Willing to take ownership of his/her work, working both independently and within a small team
  • Undergraduate (higher degrees preferred ) in Computer Science or a similar discipline
  • Candidate must have broad knowledge and experience with performance tradeoffs for common hardware and technology decisions.

 

Career development and compensation:

The role offers the candidate opportunities to acquire core expertise and complete understanding in developing a quantitative trading business. Successful candidate will not only enjoy a competitive base salary plus a performance-based lucrative discretionary bonus, but may also become the key member in a fast growing team at the technology front.

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