PDT Partners

Quantitative Researcher

New York, New York, United States

Not SpecifiedCompensation
Entry Level & New Grad, Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Finance, Investment ManagementIndustries

Position Overview

  • Location Type: Hybrid (New York City - minimum 3 days per week)
  • Job Type: Research
  • Salary: Not specified

The PDT team, a quantitative investment manager, is seeking talented researchers – including PhD graduates and experienced professionals (postdoctoral fellows, faculty, scientific lab, finance industry) – to develop and improve proprietary trading models and strategies. The team emphasizes research rigor and innovation. The Chief Scientist oversees the group-wide research agenda. This is a research-driven role focused on conducting innovative research with real-world impact.

Requirements

  • Education: PhD in Math, Science, Engineering, or a related discipline.
  • Experience: Entry-level (PhD Program) or Experienced (Postdoc, Faculty, Scientific Lab, Finance Industry)
  • Skills:
    • Solid mathematical and analytical ability
    • Exceptional problem-solving and modeling ability
    • Research intuition
    • Experience in programming (Python, R, Matlab, C++)
    • Excellent communication and collaborative whiteboard skills
    • Meticulous and detail-oriented
    • Interest in working with large data sets
    • Self-motivated and highly productive
    • Collaborative and productive work ethic
    • Enjoy solving complex, difficult, real-world problems
    • Entrepreneurial and creative

Responsibilities

  • Work closely with senior researchers on trading strategies and research projects.
  • Contribute to the long-term success of the algorithmic trading business.
  • Conduct independent research and originate research topics.

Company Information

  • Company: PDT Partners
  • Track Record: 30+ years of experience
  • Mission: To be the best quantitative investment manager in the world, measured by the quality of its products.
  • Employee Retention: High employee retention rate
  • Culture: Intellectually challenging, collaborative, down-to-earth, and diverse.

Skills

Quantitative Research
Trading Models
Trading Strategies
Mathematical Ability
Analytical Ability
Problem-Solving
Modeling
Research Intuition
Python
R
Matlab
C++
Communication
Collaboration
Data Analysis
Algorithmic Trading

PDT Partners

Quantitative asset management and algorithmic trading

About PDT Partners

PDT Partners focuses on quantitative asset management by developing models that identify inefficiencies in financial markets and predict market movements. The firm uses sophisticated trading algorithms that analyze large amounts of market data to find patterns and execute trades accurately. Unlike many competitors, PDT Partners has a long history in algorithmic trading, having been a pioneer in the field since the 1990s. The company serves institutional clients, such as hedge funds and pension funds, helping them optimize their investment strategies through data-driven insights. PDT Partners aims to foster a collaborative environment where its team can continuously explore and innovate, ensuring that all ideas are carefully validated before implementation.

New York City, New YorkHeadquarters
1993Year Founded
VENTURE_UNKNOWNCompany Stage
Quantitative Finance, Financial ServicesIndustries
201-500Employees

Benefits

Full medical, dental, vision, disability, and life insurance coverage
Wellness perks and programs
Generous time off and unlimited sick leave
Match charitable giving
Subsidize fitness and exercise
Emergency back-up child and elder care
401k matching and pre-tax benefits

Risks

Emerging quantitative firms using AI may erode PDT's market share.
Intensifying regulatory scrutiny could lead to stricter compliance requirements for PDT.
Technological advancements necessitate costly upgrades to maintain PDT's competitive edge.

Differentiation

PDT Partners excels in quantitative investing with a focus on market inefficiencies.
The firm leverages cutting-edge technology and scientific research for algorithmic trading.
PDT Partners fosters a collaborative culture, encouraging innovation and intellectual curiosity.

Upsides

Rising ESG investing trends offer opportunities for specialized algorithm development by PDT.
Alternative data sources enhance PDT's market prediction capabilities.
Machine learning adoption allows PDT to integrate sophisticated pattern recognition into models.

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