Citadel Logo

Citadel

Quantitative Researcher - PhD Graduate (US)

Posted 5 Hours Ago
Be an Early Applicant
In-Office
New York, NY
225K-300K Annually
Expert/Leader
In-Office
New York, NY
225K-300K Annually
Expert/Leader
Quantitative Researchers at Citadel develop advanced models and trading strategies, conduct statistical analyses, and implement algorithms in trading environments.
The summary above was generated by AI
Job Description
At Citadel, our mission is to be the most successful investment team in the world. Quantitative Researchers play a key role in this mission by developing next-generation models and trading approaches for a range of investment strategies. You'll get to challenge the impossible in quantitative research by applying sophisticated and complex statistical techniques to financial markets, some of the most complex data sets in the world.
Your Objectives
  • Conceptualize valuation strategies, develop, and continuously improve upon mathematical models and help translate algorithms into code
  • Back test and implement trading models and signals in a live trading environment
  • Use unconventional data sources to drive innovation
  • Conduct research and statistical analysis to build and refine monetization systems for trading signals

Your Skills & Talents
  • PhD degree in mathematics, statistics, physics, computer science, or another highly quantitative field
  • Strong knowledge of probability and statistics (e.g., machine learning, time-series analysis, pattern recognition, NLP)
  • Prior experience working in a data driven research environment
  • Experience with translating mathematical models and algorithms into code (Python, R or C++)
  • Independent research experience
  • Ability to manage multiple tasks and thrive in a fast-paced team environment
  • Excellent analytical skills, with strong attention to detail
  • Strong written and verbal communication skills

Opportunities available in New York and Miami.
In accordance with applicable law, the base salary range for this role is $225,000 to $300,000.
In addition, the employee who fills this role will be eligible to participate in a discretionary incentive compensation program, as well as a wide array of benefit programs, such as medical and life insurance, retirement and tax-free savings plans, and access to other healthcare programs.
About Citadel
Citadel is one of the world's leading alternative investment managers. We manage capital on behalf of many of the world's preeminent private, public and nonprofit institutions. We seek the highest and best use of investor capital in order to deliver market leading results and contribute to broader economic growth. For over 30 years, Citadel has cultivated a culture of learning and collaboration among some of the most talented and accomplished investment professionals, researchers and engineers in the world. Our colleagues are empowered to test their ideas and develop commercial solutions that accelerate their growth and drive real impact.

Top Skills

C++
Python
R

Citadel Boston, Massachusetts, USA Office

28 State Street 6th Floor, Boston, MA, United States, 02109

Similar Jobs at Citadel

5 Hours Ago
In-Office
New York, NY, USA
200K-300K
Senior level
200K-300K
Senior level
Information Technology • Software • Financial Services • Big Data Analytics
The role involves developing quantitative models for balance sheet optimization, collaborating on strategic projects, and ensuring data-driven decision-making in Treasury.
Top Skills: DatabasesPython
5 Hours Ago
In-Office
New York, NY, USA
4K-6K
Internship
4K-6K
Internship
Information Technology • Software • Financial Services • Big Data Analytics
As an intern at Citadel, you will develop mathematical models, conduct statistical analysis, back test trading models, and innovate with data.
Top Skills: C++PythonR
5 Hours Ago
In-Office
New York, NY, USA
250K-275K Annually
Expert/Leader
250K-275K Annually
Expert/Leader
Information Technology • Software • Financial Services • Big Data Analytics
Quantitative Research Engineers at Citadel design and implement automated trading system software using statistical techniques while collaborating with Quantitative Researchers.
Top Skills: C++Distributed ComputingMachine LearningNatural Language ProcessingNetworkingPlatform DevelopmentPythonRSystem DesignWeb Development

What you need to know about the Boston Tech Scene

Boston is a powerhouse for technology innovation thanks to world-class research universities like MIT and Harvard and a robust pipeline of venture capital investment. Host to the first telephone call and one of the first general-purpose computers ever put into use, Boston is now a hub for biotechnology, robotics and artificial intelligence — though it’s also home to several B2B software giants. So it’s no surprise that the city consistently ranks among the greatest startup ecosystems in the world.

Key Facts About Boston Tech

  • Number of Tech Workers: 269,000; 9.4% of overall workforce (2024 CompTIA survey)
  • Major Tech Employers: Thermo Fisher Scientific, Toast, Klaviyo, HubSpot, DraftKings
  • Key Industries: Artificial intelligence, biotechnology, robotics, software, aerospace
  • Funding Landscape: $15.7 billion in venture capital funding in 2024 (Pitchbook)
  • Notable Investors: Summit Partners, Volition Capital, Bain Capital Ventures, MassVentures, Highland Capital Partners
  • Research Centers and Universities: MIT, Harvard University, Boston College, Tufts University, Boston University, Northeastern University, Smithsonian Astrophysical Observatory, National Bureau of Economic Research, Broad Institute, Lowell Center for Space Science & Technology, National Emerging Infectious Diseases Laboratories

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account