Title: Sub-PM - Mid Frequency Equity Stat Arb
Compensation: $500k - $1mm, flexible based on PnL
Summary: A top quantitative hedge fund ($16bn AUM) based in New York is looking to bring on a Sub-PM to their firm to assist the PM in the growth of the mid-frequency Equity Stat Arb book. You will have the opportunity to manage the existing equities book which has a successful track record and generate PnL through the research and development of systematic equity market neutral strategies and also manage a small team of researchers and traders. This firm is offering competitive base salary and industry leading PnL splits.
Responsibilities:
- Building the equity trading strategies in a futures focused trading team.
- Spearhead the growth of current mid-frequency stat arb equity book.
- Manage a team of Researchers and Traders to research, create and implement mid-frequency statistical arbitrage trading strategies in the equities space.
- Generate new strategies and improve existing ones through alpha research.
Qualifications:
- 5-10 years of experience in the Equities space- mid-frequency equity stat arb.
- Ideally experienced managing money with a successful track record.
- Proven track record with 2+ Sharpe.
- Proficient in Python.
