Quantitative Developer - AI Implementation at WorldQuant

Chicago, Illinois, United States

WorldQuant Logo
Not SpecifiedCompensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, Artificial Intelligence, BiotechnologyIndustries

Skills

Key technologies and capabilities for this role

AIMachine LearningReinforcement LearningOptimizationSoftware DevelopmentQuantitative FinanceData AnalysisAlgorithmic Trading

Questions & Answers

Common questions about this position

What benefits does WorldQuant offer?

Core benefits include fully paid medical and dental insurance for employees and dependents, flexible spending account, 401(k), fully paid parental leave, and generous PTO with unlimited sick days.

What skills and experience are required for the Quantitative Developer role?

Candidates need at least 2 years of experience training AI, ML, reinforcement learning models, hands-on experience building complex software systems, excellent knowledge of Python, NumPy and Pandas, and experience with at least one of XGBoost, LightGBM, CatBoost, Tensorflow, PyTorch, MOSEK, or CVXPY. C++ knowledge and graduate-level AI research are pluses.

What is the company culture like at WorldQuant?

WorldQuant has a culture that pairs academic sensibility with accountability for results, encourages open thinking about problems, balancing intellectualism and practicality, and values excellent ideas from anyone while challenging conventional thinking and continuous improvement.

What is the salary range for this position?

This information is not specified in the job description.

What makes a strong candidate for this AI Implementation role at WorldQuant?

Strong candidates have at least 2 years of hands-on AI/ML experience, proficiency in Python with NumPy and Pandas, experience with ML frameworks like PyTorch or TensorFlow, the ability to explain and defend models to stakeholders, and ideally graduate-level AI research or C++ knowledge.

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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