PDT Partners

Software Engineer

New York, New York, United States

$160,000 – $200,000Compensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, Quantitative Investment ManagementIndustries

Job Description

Position Overview

  • Location Type: [Location Type - Not specified]
  • Employment Type: [Employment Type - Not specified]
  • Salary: $160,000 - $200,000 (Range, not inclusive of bonus)

This role offers the opportunity to join a collaborative software engineering organization focused on building and maintaining technology for trading systems, risk controls, and post-trade technologies. PDT values creativity, energy, and collective problem-solving. The company seeks individuals who can make a direct impact on the bottom line and offers fantastic growth potential.

Requirements

  • Significant experience programming in one or more of C++, Python, or Java.
  • Experience working directly with users or clients, capturing requirements, and scoping.
  • Ability to participate in the design of complex software systems and select prudent and pragmatic technologies to fit the business objective.
  • Experience working with trading systems or financial data, working with low-latency systems, or working in a data science- or research-adjacent role is a plus.
  • Bachelor’s or master’s degree in computer science.

Responsibilities

  • Partner with internal end-users to understand (and anticipate) new features and requirements, then engineer efficient and effective solutions.
  • Develop and maintain the company's proprietary software stack using C++, Python, and Java.
  • Identify, assess, and deploy the latest open-source and third-party software in both an on-prem and cloud environment.

Company Information

PDT Partners has a 30+ year track record and a reputation for excellence, aiming to be the best quantitative investment manager in the world. They value intellectual extraordinary people, a close-knit, down-to-earth, and diverse community, and have a high employee retention rate.

Skills

C++
Python
Java
Software Design
Requirements Gathering
Trading Systems
Financial Data
Low-latency Systems
Data Science
Open-source Software
Cloud Environment

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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