About the role

Aplyr's Quick Take

This role is for a Quantitative Researcher at PDT Partners, focusing on developing and refining trading models and strategies. It's an entry-level to experienced position, ideal for PhD graduates or those with postdoctoral experience in relevant fields. You'll work in small teams, collaborating closely with senior researchers.

Good fit

Ideal candidates are recent PhD graduates or experienced researchers with a strong background in math, science, or engineering. A collaborative and innovative mindset is essential for thriving in this intellectually challenging environment.

Worth noting

The position is hybrid, requiring at least three days a week in the New York office. PDT Partners emphasizes a merit-based culture over seniority, which may appeal to those seeking a non-hierarchical work environment.

Experience Required: Entry-level (PhD Program) or Experienced (Postdoc, Faculty, Scientific Lab)

Education: PhD in Math, Science, Engineering and other relevant disciplines

The PDT team - a quantitative investment manager - is hiring new or recent PhD graduates and experienced researchers (postdoctoral fellows, faculty, scientific lab, finance industry) to create and improve proprietary trading models and strategies while working closely with a deep bench of senior researchers.

We have a successful record of hiring, challenging, and retaining talented researchers from diverse academic backgrounds. Individuals interested in conducting innovative research with real-world impact seem to enjoy and excel at the types of problems we like to solve.

PDT Researchers work in small, nimble teams where merit and contribution, not seniority, drive the discussion. We strive to foster an intellectually challenging environment that encourages collaboration and innovative ideas.

In our research-driven approach to the financial markets, our Chief Scientist oversees the group-wide research agenda, ensuring team members work on the most critical and interesting problems, with a focus on research rigor and standards.

This is a hybrid position and will require the person to work from our New York City office at minimum 3 days a week.

Why join us?

PDT Partners has a 30+ year track record and a reputation for excellence. Our goal is to be the best quantitative investment manager in the world—measured by the quality of our products, not their size. PDT’s very high employee-retention rate speaks for itself. Our people are intellectually extraordinary and our community is close-knit, down-to-earth, and diverse.

Responsibilities:

Work closely with senior researchers on a variety of trading strategies and research projects, with the opportunity to conduct independent research and originate research topics over time
Contribute to the long-term success of our research-driven algorithmic trading business

Below is a list of skills and experiences we think are relevant. Even if you don’t think you’re a perfect match, we still encourage you to apply because we are committed to developing our people.

Solid mathematical and analytical ability; exceptional problem-solving and modeling ability
Research intuition
Experience in programming (Python, R, Matlab, C++)
Excellent communication and collaborative white board skills
Meticulous and detail-oriented, and innately driven to understand issues deeply
Experience with/interested in working with large data sets
Self-motivated and highly-productive, with a strong sense of ownership and urgency
Able to work collaboratively and productively with others
Enjoy solving complex, difficult, real-world problems
Entrepreneurial and creative
Finance knowledge is not required or expected

We take research seriously. Beyond your resume, we want to understand your research history and the papers most relevant to evaluating your candidacy. We strongly encourage you to answer all application questions and allow us to understand you as a researcher and determine where you would be the strongest fit in our team.

The salary range for this role is between $190,000 and $250,000. This range is not inclusive of any potential bonus amounts. Factors that may impact the agreed upon salary within the range for a particular candidate include years of experience, level of education obtained, skill set, and other external factors.

PRIVACY STATEMENT: For information on ways PDT may collect, use, and process your personal information, please see PDT’s privacy notices.

Skills & Tags

python go ai data product

Aplyr's read

PDT Partners is a leading quantitative investment firm where data scientists and engineers craft advanced trading strategies in a collaborative environment.
Synthesized from recent postings & public sources

What's promising

•PDT Partners is known for its strong emphasis on research-driven trading strategies.
•The firm offers a collaborative work culture with a focus on innovation.
•Employees have opportunities to work with cutting-edge technology in finance.

What to watch

•The firm's success heavily relies on market conditions and data accuracy.
•High-pressure environment due to the competitive nature of quantitative trading.
•Limited public information about internal career development paths.

Why PDT Partners

•PDT Partners integrates advanced data science with financial trading strategies.
•The firm maintains a small, elite team focused on high-impact projects.
•PDT Partners has a reputation for consistently strong performance in quantitative finance.

Aplyr’s read is generated by AI from public sources. Was it useful?

About PDT Partners

PDT Partners

pdtpartners.com

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PDT Partners is a quantitative investment management firm that specializes in developing and implementing advanced trading strategies using data-driven approaches.