full-time
Quantitative Researcher - Portfolio Optimization - Jersey City, NJ
Stevens Capital Management LP
- Employer
- Stevens Capital Management LP
- Location
- Jersey City, New Jersey, United States
- Working pattern
- on-site
- Salary
- $150,000–$300,000 / year
About the role
Design and implement scalable, multi-period portfolio optimization models that account for transaction costs, slippage, and other market frictions. Develop intraday trading strategies and execution algorithms, and monitor model performance in live trading. Requires a PhD or master’s degree in applied mathematics, operations research, computer science, or a related field, along with strong quantitative expertise and experience using MOSEK or similar optimization frameworks. Candidates should understand intraday trading, slippage and transaction cost modeling, real-time data and execution systems, and production integration, with programming skills in Python and/or C++.