Quest Partners LLC
Quantitative Researcher, Equity Stat Arb
Quest Partners LLC, New York, New York, 10261
About the Role Quest Partners is seeking a Quantitative Researcher who has a strong understanding of financial markets and will help support our equity portfolio. You will work with other researchers and developers on various research projects including design of predictive signals and the enhancement of our models and algorithms. The ideal candidate will have strong programming skills and demonstrate a passion for diving deep into data analysis, allowing for creative alpha generation driven by in-depth understanding of the data. Duties and Responsibilities: Identify compelling differentiating factors, design novel predictive signals, back test & validate hypotheses. Develop quantitative models to predict market movements and identify trading opportunities. Stay updated with the latest academic research and apply relevant findings to enhance models. Analyze large datasets to extract insights and inform decision-making processes. Collaborate with other team members to improve existing research and trading infrastructure, as well as adding new data analysis and research tools. Take a proactive approach to problem-solving, demonstrating a high level of motivation and initiative in the pursuit of innovative investing strategies. Stay informed about market trends, emerging technologies, and advancements in quantitative finance. Experience: Bachelors, Masters or Ph.D. in Computer Science, Statistics, Mathematics, Economics, Physics, or related fields. Advanced degree preferred. We are not open to 2024 or 2025 graduates Advanced training in Statistics, Mathematics, Finance/Financial Engineering or a related field Strong familiarity with high-capacity research methodologies in cash equities Proven experience in quantitative analysis, data interpretation, and statistical modeling. Strong knowledge of financial markets and instruments Strong programming skills in Python Strong analytical and problem-solving skills with the ability to derive insights from complex data sets. Excellent communication skills with the ability to present complex ideas and findings in a clear and concise manner Strong collaborative and teamwork abilities to work effectively with cross-functional teams. Quest will not accept unsolicited resumes from agencies for this role or any others. The base range for this role is expected to be between $150,000 and $200,000. This does not include other aspects of compensation such as discretionary bonus and a competitive comprehensive benefits package. Actual compensation offered to a candidate will vary within the range above depending on factors such as qualifications, education, and skill level. By submitting the application, you are consenting to Quest Partners LLC using your mobile phone number for SMS messaging. About the Firm Quest is a quantitative investment advisor based in New York with over forty professionals and approximately $2.5 billion in assets under management as of May 31st, 2024. Quest was founded by Nigol Koulajian in March 2001 to pursue the development of specialized quantitative investment strategies with a focus on convexity. Quest's strategies seek to generate attractive absolute returns with significant positive skew while maintaining strong hedging characteristics particularly during tail events that may cause surprise losses in hedge fund and equity portfolios. The firm currently manages assets for some of the world's leading pension plans, family offices, fund-of-funds, foundations, and other institutional investors.