At a Glance
- Tasks: Develop and manage systematic financial strategies across various asset classes.
- Company: WorldQuant is a leading firm in systematic financial strategies and predictive signals.
- Benefits: Enjoy transparent compensation, access to cutting-edge technology, and opportunities for mentorship.
- Why this job: Join a culture that values innovative thinking and continuous improvement in finance.
- Qualifications: 2+ years in quantitative portfolio management with strong programming skills in Python or C++.
- Other info: This is an entry-level, full-time position based in London.
The predicted salary is between 28000 - 42000 £ per year.
WorldQuant develops and deploys systematic financial strategies across a broad range of asset classes and global markets. We seek to produce high-quality predictive signals (alphas) through our proprietary research platform to employ financial strategies focused on market inefficiencies. Our teams work collaboratively to drive the production of alphas and financial strategies – the foundation of a balanced, global investment platform.
WorldQuant is built on a culture that pairs academic sensibility with accountability for results. Employees are encouraged to think openly about problems, balancing intellectualism and practicality. Excellent ideas come from anyone, anywhere. Employees are encouraged to challenge conventional thinking and possess an attitude of continuous improvement.
Our goal is to hire the best and the brightest. We value intellectual horsepower first and foremost, and people who demonstrate an outstanding talent. There is no roadmap to future success, so we need people who can help us build it.
The Role
We are seeking candidates with quantitative portfolio management experience and intimate knowledge of systematic strategies.
Job Responsibilities (include, but not limited to the following):
- Develop systematic strategies that exploit statistically-based predictive signals associated with various market inefficiencies applied to a broad variety of asset classes including global equities and/or ETFs, futures, currencies and options.
- Lead, manage and grow quantitative investment portfolio.
- Contribute to broader firm research and strategic initiatives.
What You’ll Bring:
- 2+ years’ experience in developing systematic strategies including a verifiable track record with positive PnL and Sharpe.
- Strong programming skills in mainstream quant programming languages, such as Python and C++.
The Book Portfolio Manager Opportunity:
- Transparent and formula-based compensation.
- Opportunities to contribute to other research and strategy initiatives.
- Access to WorldQuant’s alpha pool, portfolio management tools and innovative technology platforms.
- Access to a deep and broad menu of datasets supported by a dedicated data team.
- State-of-the-art cross asset execution led by a multi-regional trading team.
- Participation in internal research conferences and forums.
- Autonomy to build your own strategies along with several opportunities for collaboration and mentorship.
- Access to cutting edge AI and Machine Learning efforts in financial markets.
Book Portfolio Manager employer: WorldQuant
Contact Detail:
WorldQuant Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Book Portfolio Manager
✨Tip Number 1
Familiarise yourself with WorldQuant's approach to systematic strategies. Understanding their focus on market inefficiencies and predictive signals will help you align your experience with their needs during discussions.
✨Tip Number 2
Showcase your quantitative portfolio management experience by preparing specific examples of successful strategies you've developed. Be ready to discuss the methodologies you used and the outcomes achieved.
✨Tip Number 3
Brush up on your programming skills, particularly in Python and C++. Being able to demonstrate your technical proficiency in these languages can set you apart from other candidates.
✨Tip Number 4
Network with current or former employees of WorldQuant to gain insights into their culture and expectations. This can provide you with valuable information that you can use to tailor your approach during interviews.
We think you need these skills to ace Book Portfolio Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your quantitative portfolio management experience and any systematic strategies you've developed. Use specific examples that demonstrate your positive PnL and Sharpe ratio.
Craft a Strong Cover Letter: In your cover letter, express your passion for systematic financial strategies and how your skills align with WorldQuant's goals. Mention your programming skills in Python and C++, and how they can contribute to the team.
Showcase Relevant Projects: If you have worked on projects that involved developing systematic strategies or managing investment portfolios, include these in your application. Detail your role and the outcomes to illustrate your capabilities.
Highlight Continuous Improvement: WorldQuant values continuous improvement and innovative thinking. In your application, mention instances where you challenged conventional thinking or contributed to research initiatives, showcasing your proactive approach.
How to prepare for a job interview at WorldQuant
✨Showcase Your Quantitative Skills
Make sure to highlight your experience in developing systematic strategies and your strong programming skills in languages like Python and C++. Be prepared to discuss specific projects where you've successfully applied these skills.
✨Demonstrate Your Understanding of Market Inefficiencies
Familiarise yourself with various market inefficiencies and be ready to explain how you've exploited them in past roles. This will show that you not only understand the theory but can also apply it practically.
✨Prepare for Technical Questions
Expect technical questions related to quantitative portfolio management and systematic strategies. Brush up on relevant concepts and be ready to solve problems on the spot, as this role requires a strong analytical mindset.
✨Emphasise Collaboration and Continuous Improvement
WorldQuant values collaboration and a culture of continuous improvement. Share examples of how you've worked in teams to drive results and how you've sought feedback to enhance your strategies.