Independent Portfolio Manager at WorldQuant

Austin, Texas, United States

WorldQuant Logo
$150,000 – $200,000Compensation
Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, Asset Management, Hedge FundsIndustries

Skills

Key technologies and capabilities for this role

PythonC++Quantitative FinancePortfolio ManagementSystematic TradingData AnalysisResearchTeam Leadership

Questions & Answers

Common questions about this position

What is the salary range for the Independent Portfolio Manager role?

The estimated salary range is $150,000 - $200,000.

Is this position remote or does it require office work?

This information is not specified in the job description.

What skills and experience are required for this role?

Candidates need 2+ years’ experience in developing systematic strategies with a verifiable track record of positive PnL and Sharpe, plus strong programming skills in Python and C++.

What is the company culture like at WorldQuant?

WorldQuant fosters a culture that pairs academic sensibility with accountability for results, encouraging open thinking, continuous improvement, and valuing intellectual horsepower and challenging conventional thinking.

What makes a strong candidate for this Independent Portfolio Manager position?

A strong candidate will have 2+ years of experience developing systematic strategies with a proven track record of positive PnL and Sharpe, strong Python and C++ skills, and the ability to independently lead and grow quantitative portfolios.

WorldQuant

Quantitative asset management using algorithms

About WorldQuant

WorldQuant is a quantitative asset management firm that focuses on managing investments for institutional clients like pension funds and sovereign wealth funds. The firm uses data and predictive algorithms to analyze financial markets and identify investment opportunities. Its approach involves algorithmic trading, where mathematical models guide investment decisions. Unlike many competitors, WorldQuant encourages a culture of experimentation and innovation among its employees, allowing everyone to contribute ideas regardless of their position. The company's goal is to generate returns for its clients while maintaining a commitment to equal opportunity in the workplace.

Greenwich, ConnecticutHeadquarters
2007Year Founded
$148.5MTotal Funding
N/ACompany Stage
Quantitative Finance, Financial ServicesIndustries
1,001-5,000Employees

Benefits

Performance Bonus
Flexible Work Hours

Risks

Increased competition from AI-driven investment firms like ADIA.
Regulatory scrutiny on algorithmic trading practices is increasing globally.
Market volatility challenges the performance of algorithmic trading models.

Differentiation

WorldQuant employs over 1,000 professionals across 27 global offices.
The firm uses predictive algorithms to manage assets and generate client returns.
WorldQuant emphasizes equal opportunity, allowing all employees to contribute meaningfully.

Upsides

Increased focus on alternative data sources is gaining traction in quantitative finance.
Machine learning integration in portfolio management allows better market trend predictions.
Quantum computing offers potential for faster, complex calculations in algorithmic trading.

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