J Harlan Group is conducting a search for a Quant Research Developer with a strong Equity Product Background at a prominent NY Hedge Fund. A passionate technologist with strong financial engineering quantitative background who can build scalable and creative tools to automate the investment management process providing the firm with a distinct commercial advantage that will enable a host of opportunities that will differentiate the firm from their competitors. A seasoned and professional financial engineering computer scientist with extensive technical experience and financial engineering background in developing proprietary investment management platforms.

The Quant Research Developer will be responsible for developing applications, models and analytics that support the investment process and help manage risk & capital. They will be constantly interacting with the desk and portfolio managers to ensure they have the data and tools needed to make investment decisions and build new tools to unlock opportunities.

Key Responsibilities:

• Trading and management of quant research team driven equity portfolios.
• Development of automated hedging & portfolio optimization systems.
• Building simulation environments for back-testing portfolio optimization scenarios.
• Tie together research from different quant research groups to a production quality solution.
• Analysis and validation of research results and input data
• Research and attribution of portfolio performance and driving factors.
• Conduct research and statistical analyses to evaluate various financial data.
• Research models for risk / return improvement.

This fast growing and dynamic investment organization is experiencing exceptional growth and is looking for exceptional people to power its next phase of growth. The Quant Developer will be a significant contributor in enabling their vision and helping the organization to grow and improve their businesses.

The ideal candidate would have a background:

• Experience as a Quant Developer, Desk Strat/Strategist or Quantitative Analyst within a financial institution
• A solid base of financial product and market knowledge is required including experience with Barra like multi-factor risk models and Portfolio optimization
• Programming skills required - proficiency with C++, R, SQL/databases, any scripting languages, Linux environments including a strong Interest in software design and architecture
• Statistics strong foundation (linear regression models, matrix algebra, summary statistics and interpretation of time series data)
• Strong communication skills to collaborate with multiple individuals across teams
• Ability to work in an open collaborative and highly charged trading floor environment.
• Strong desire to contribute and build a business – not just solve novel problems.

Experience with any of the below is a plus:

• Familiarity with usage of distributed computing (cloud, usage of farms, data storage like MongoDB, Cassandra, Spark etc)
• Statistical modelling (Advanced regression models, Monte Carlo, PCA)

An individual who loves solving deep and complex technical and business problems and wants to have an outsized impact with the products they build and deliver. An individuals with a passion for technology, and financial engineering, high level of intellectual curiosity, a commitment to excellence and an unparalleled drive to deliver world-class software across the firm.

About the Client:

The firm is a leading alternative asset manager managing more than $27bn of assets with an outstanding track record of following a comprehensive, multi-strategy approach to investing and allocating capital dynamically to the most compelling opportunities and harvesting multiple sources of alpha.

They have a relentlessly focuses on innovation and integration: innovation in new products, markets and businesses as well as new tools, models and technology management and performance structures; integration of fundamental research, quantitative strategies and technical analysis, all supported by an intensive focus on operational excellence and comprehensive risk management.

They employ over 1400 talented professionals in locations around the globe across portfolio management, trading, credit, research, quantitative strategy, trading technology, investment management analysis and business management administration and strategy.

They seek candidates who are high-energy self-starters who want to join an investment management firm on the leading edge of the global markets. The management team needs individuals of the highest professional caliber who are leaders, problem solvers, analytic, detail-oriented, and entrepreneurial. Everyone at the firm works side-by-side with the firm’s senior partners in a highly collaborative and charged trading floor environment.

Successful candidates are:

• Analytic and relentless in pursuit of the right answer
• Strong communicators who excel at rapid synthesis
• Able to demonstrate sound business judgment
• Able to digest complexity while maintaining an understanding of the “big picture” of business needs
• Team players who are energized by a collaborative enterprise
  

The firm’s employees maintain the highest professional and ethical standards. The firm has earned a reputation for honesty, fair dealing, and transparency in a competitive industry. They believe that these standards are the foundation for superior investment performance and are critical to delivering performance to clients.