Trader, Macro

The D. E. Shaw Group is seeking traders for its Macro team, focused on foreign exchange and developing and emerging markets. The role uses quantitative methods, market analysis, and data science to identify risk factors, develop forecasts and models, and recommend trading opportunities.

What you'll do:

• Employ quantitative financial methods to identify risk factors in the market and recommend trading opportunities
• Create mathematical models to improve analytical tools
• Analyze market fundamentals and develop quantitative forecasts using statistical and time-series analytical techniques
• Link market fundamentals to price movements through the application of linear algebra and statistics to quantify fundamental impacts
• Leverage expansive datasets with data-science techniques to discern trading patterns and generate novel insight into market fundamentals
• Design and develop data-visualization tools to generate insights into the market
• Apply mathematical techniques to assess and identify systematic mispricing and explore patterns hidden in price data
• Integrate analysis and insight to update market views, recommend trading opportunities, identify risk factors, and communicate opinions

What they're looking for:

• A master's degree in applied mathematics, finance, economics, or a related field of study
• Knowledge or experience in the following must have been gained through academic research and/or coursework: mathematical modeling and time-series forecasting; linear and nonlinear models; data science, including data cleaning, visualization, and regression analysis; statistical and machine learning algorithms; deploying AI techniques on existing analyses; computational simulation and modeling in Python, Stata, and Matlab; machine learning techniques, including GMM, principal components analysis, and data-driven choice of tuning parameters; econometrics; linear algebra; and signal processing and statistics

Benefits:

• Variable compensation in the form of a year-end bonus, guaranteed in the first year of hire
• Medical and prescription drug coverage
• 401(k) contribution matching
• Wellness reimbursement
• Family building benefits
• A charitable gift match program