Quantitative Researcher - Portfolio Optimization - Jersey City, NJ jobs in United States
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Stevens Capital Management LP · 2 months ago

Quantitative Researcher - Portfolio Optimization - Jersey City, NJ

positionJersey City, NJ
timeFull-time
remoteOnsite
seniorityMid, Senior Level
money$150K/yr - $300K/yr

SCM is committed to a workplace that values diversity and inclusion, and they are seeking a Quantitative Researcher specializing in Portfolio Optimization. The role involves designing and implementing portfolio optimization frameworks, developing trading strategies, and monitoring model performance in a live trading environment.

ConsultingFinancial ServicesSoftware
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H1B Sponsor Likelynote

Responsibilities

Design and implement multi-period portfolio optimization frameworks incorporating transaction costs, slippage, and other market frictions
Leverage MOSEK and other optimization solvers to build scalable and efficient models
Develop and refine intraday trading strategies and execution algorithms
Monitor and analyze model performance in a live trading environment

Qualification

Quantitative backgroundMOSEK optimizationTransaction cost modelingPython programmingC++ programmingReal-time data processingExecution systems

Required

Strong quantitative background (PhD or Master's in Applied Math, Operations Research, Computer Science, or related field)
Proven experience with MOSEK or other optimization frameworks
Deep understanding of slippage, transaction cost modeling, and intraday trading
Familiarity with real-time data processing and execution systems
Programming skills in Python and/or C++
Experience integrating optimization routines in production trading systems

Benefits

Bonus
Health and dental plans
401(k) contributions
Discretionary profit sharing program

Company

Stevens Capital Management LP

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Stevens Capital Management LP (“SCM”) is a quantitative hedge fund manager specializing in the rigorous development and disciplined implementation of empirically based trading strategies.
dateFounded in 2002
location
Radnor, Pennsylvania, USA
people-size51-200 employees
web-link
https://www.scm-lp.com

H1B Sponsorship

Stevens Capital Management LP has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (2)
2024 (3)
2023 (1)
2020 (3)

Funding

Current Stage
Growth Stage
Company data provided by crunchbase