Quantitative Developer

New York, New York, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial Services, Biotechnology, Market Making, TradingIndustries

Requirements

Candidates should possess strong programming skills in Python and/or C++, with a solid understanding of numerical methods, statistics, and/or machine learning applied to time-series data. Experience building research platforms, fitting pipelines, or backtesting frameworks, along with a history in high-performance computing environments and comfort with large-scale data is required. A degree in Computer Science, Engineering, Physics, Mathematics, or a related field is necessary.

Responsibilities

The Quantitative Developer will collaborate with researchers and traders to translate research ideas into production-grade code, shaping tools and frameworks for signal research, model fitting, and backtesting. Responsibilities include designing, implementing, and optimizing research infrastructure, alpha generation pipelines, and real-time trading strategies. They will implement and optimize statistical/machine learning models, develop and maintain research pipelines, and build tools for fast, scalable research workflows and data analysis. Additionally, they will integrate new datasets, ensure code quality, performance, and robustness, and work closely with data engineers.

Skills

Python

C++

Numerical Methods

Statistics

Machine Learning

Time-Series Data

Algorithm Design

Data Analysis

Software Development

Performance Optimization

Code Quality

Research Infrastructure

Alpha Generation

Trading Strategies

Model Fitting

Backtesting

Virtu Financial

Market making and trading solutions provider

About Virtu Financial

Virtu Financial specializes in market making and trading solutions, providing services that enhance the efficiency of financial markets. The company uses advanced technology and its understanding of market structures to offer a variety of products, including execution services, liquidity sourcing, and analytics. Clients such as institutional investors and broker-dealers benefit from Virtu's ability to generate liquidity, which helps stabilize markets. A key feature of Virtu's offerings is its Open Technology platform, which supplies clients with data-as-a-service, including a library of APIs and tools to improve trading strategies. Unlike many competitors, Virtu emphasizes transparency and a comprehensive approach to trading, aiming to support clients in navigating global financial markets effectively.

New York City, New YorkHeadquarters

2008Year Founded

$194.5MTotal Funding

IPOCompany Stage

Fintech, Financial ServicesIndustries

501-1,000Employees

Benefits

Wellness Program

Gym Membership

Risks

Increased competition from firms like Citadel Securities challenges Virtu's market share.

Regulatory scrutiny on high-frequency trading may raise compliance costs for Virtu.

Cryptocurrency market volatility impacts Virtu's liquidity provision and risk management.

Differentiation

Virtu leads in electronic market making across diverse asset classes globally.

The Open Technology platform offers a robust data-as-a-service solution with extensive APIs.

Virtu's commitment to transparency and innovation strengthens its industry position.

Upsides

Growing demand for algorithmic trading boosts Virtu's market making services.

ESG investing trends increase demand for transparent trading platforms like Virtu's.

Quantum computing advancements enhance Virtu's trading algorithms and market efficiency.

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