Execution Quantitative Researcher

  • Competitive
  • London, England, United Kingdom
  • Permanent, Full time
  • Non-disclosed
  • 12 Oct 18

Opportunity We are looking for an Execution Quantitative Researcher with expertise in market microstructure research with a particular focus on optimal execution and trading and transaction cost modelling and analysis. The ideal candidate will have an asset class background in equities and be at least an Associate at a top tier bank or hedge fund or a recent PhD graduate with a thesis on market microstructure related topics.

What you'll do

Your primary role will involve researching, designing, implementing, and maintaining transaction cost models and execution solutions and tools for systematic equities strategies.  You will also be involved in the design of investment strategies and portfolio construction. You will work alongside a highly skilled data science and technology team.

Your duties will include but won’t be limited to:

  • Researching, developing, backtesting, and optimising the firm’s execution strategies
  • Conducting market microstructure analysis to inform portfolio construction and execution (e.g., Market Impact and Transaction Cost Modelling)
  • Developing tools and methods to monitor trade performance (e.g., TCA)
  • Carrying out quantitative research to create equity investment strategies


What you will bring to the role

  • Excellent academic background with a PhD/Master’s degree in a quantitative subject at a top tier university
  • 1-2 years experience in execution/market microstructure research (academic or in the industry)
  • Extensive practical knowledge of econometrics and statistical methods
  • Detailed working knowledge of equity market microstructure
  • Programming skills in a scripting language required, preferably Python
  • Experience/Knowledge in empirical asset pricing and portfolio construction a plus
  • Strong verbal and written communication skills