Senior Quantitative Analyst
New York, NY, United States
Stifel
Stifel is a full service brokerage and investment banking firm. The Company provides securities brokerage, investment banking, trading, investment advisory, and related financial services to individual investors, professional money managers,...Why Stifel
Stifel strives for a culture that puts its clients and associates first: a culture where everyone belongs, everyone is welcome, and everyone contributes to the success of our clients, their careers, and the firm as a whole.
Let’s talk about how you can find your place here at Stifel, where success meets success.
What You'll Be Doing
The Senior Quantitative Analyst works closely with the Head of Electronic Trading Product team in the initiation and development of equity trading algorithms, transaction cost models, and order routing strategies. This position manages the quant research idea generation process and initiates research into trading signals and model factors. The Senior Quantitative Analyst will then work closely with the head of product to determine which research and results are suitable for further analysis or deployment into Stifel trading algorithms. Finally, the Senior Quantitative Analyst will manage other quantitative analysts in their participation in projects and the writing of research white papers.
What We're Looking For
- Apply computational, mathematical, and statistical techniques in support of equity execution algorithm development and transaction cost modeling.
- Originate quantitative models and analytical tools to address issues such as short-term volume/price forecasting, sentiment analysis, signaling, execution optimization, performance measurement, and risk attribution.
- Manage other quantitative resources to achieve high “hit rate” on potential model enhancements.
- Author bespoke quantitative research papers in response to client performance inquiries.
- Maintain existing quantitative processes and develop new core analytical capabilities or model libraries, using advanced statistical, machine learning and quantitative techniques.
- Devise or apply independent models or tools to help verify results of analytical systems.
- Interpret results of analytical procedures and recommends new processes and or action plans.
- Work closely with trading, technology, and model validation teams to improve product offering.
- Present key research findings/insights to team members.
What You'll Bring
- Ability to use quantitative and data science techniques to research and develop appropriate models and tools for use by trading algorithms.
- Ability to understand what quantitative research is commercially viable and computationally efficient.
- Strong knowledge of programming skillset, Python, R, SQL, and kdb+/q.
Education & Experience
- Minimum Required: Graduate Degree in computational finance, financial engineering, or STEM field
- Minimum Required: 3+ year related experience in US equity quantitative research/trading
Licenses & Credentials
- Minimum Required: None
Systems & Technology
- Knowledge of time-series data platforms (q/KDB+, etc.)
Compensation Range
Salary: USD $100,000.00/Yr. - USD $150,000.00/Yr. Actual salaries may vary, and may be based on several factors, including but not limited to each candidate’s qualifications, skills, and overall competencies for the position. The base salary is one component of Stifel’s overall compensation package for each individual employee. Other benefits and offerings include, but not limited to, discretionary bonuses, health / dental / vision / prescription insurance offerings, Stifel Total Health Connect, flexible spending accounts, tuition & certification assistance programs, paid time off, and much, much more! To view a more comprehensive list of Stifel’s current offerings, please visit https://www.stifel.com/careers/benefits. Applications are accepted until the position is filled.About Stifel
Stifel is more than 130 years old and still thinking like a start-up. We are a global wealth management and investment banking firm serious about innovation and fresh ideas. Built on a simple premise of safeguarding our clients’ money as if it were our own, coined by our namesake, Herman Stifel, our success is intimately tied to our commitment to helping families, companies, and municipalities find their own success.
While our headquarters is in St. Louis, we have offices in New York, San Francisco, Baltimore, London, Frankfurt, Toronto, and more than 400 other locations. Stifel is home to approximately 9,000 individuals who are currently building their careers as financial advisors, research analysts, project managers, marketing specialists, developers, bankers, operations associates, among hundreds more. Let’s talk about how you can find your place here at Stifel, where success meets success.
At Stifel we offer an entrepreneurial environment, comprehensive benefits package to include health, dental and vision care, 401k, wellness initiatives, life insurance, and paid time off.
Stifel is an Equal Opportunity Employer.
Tags: Banking Engineering Finance Machine Learning Python R Research SQL Statistics STEM
Perks/benefits: Career development Equity / stock options Flex vacation Health care Salary bonus Startup environment Wellness
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