At a Glance
- Tasks: Join our team to build and maintain quant libraries and scalable web services in Python.
- Company: Caxton Associates is a global trading firm with a strong reputation in macro hedge fund strategies.
- Benefits: Enjoy a collaborative environment with opportunities for growth and development in major financial hubs.
- Why this job: Be part of a dynamic team that drives alpha generation and risk management through innovative tech solutions.
- Qualifications: 3-5 years of experience, a quantitative degree, and strong Python and SQL skills are essential.
- Other info: Nice to have: knowledge of financial instruments and proficiency in additional programming languages.
The predicted salary is between 43200 - 72000 £ per year.
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About Caxton Associates:
Caxton Associates, founded in 1983, is a global trading and investment firm with offices in London, New York, Monaco, Singapore and Dubai. Caxton Associates\’ primary business is to manage client and proprietary capital through global macro hedge fund strategies. Assets are managed via a broad mandate to trade in a variety of global markets and instruments.
About the Role:
We are looking for a Quantitative Developer where you will be working directly with a Portfolio Manager (based in New York) focused on Global Macro. You will have the opportunity to work in a dynamic, entrepreneurial environment and solve complex problems.
Responsibilities:
- Build systematic processes for trading across various markets, ensuring robust front-to-back execution and management.
- Oversee all code and models, ensuring high-quality development and maintenance.
- Investigate and oversee the entire trading process to mitigate risks, including intellectual property loss.
- Manage and analyze large data sets, ensuring efficient data handling, construction, visualization, and utilization for model development.
- Utilize extensive markets knowledge to ensure informed and effective decision-making, with openness to various market contexts.
Requirements:
- Bachelors in a quantitative field. Strong preference for computer science, engineering, or mathematics, or related field.
- 3+ years of relevant experience.
- Excellent quantitative reasoning and software design.
- Strong programming skills in Python.
- Ability to handle parallel work streams and produce quality solutions quickly.
- Strong attention to detail.
- Independent thought and creativity.
- Goal-oriented mindset and a positive, energetic attitude.
- Strong collaborative skills with the ability to work effectively in a team-oriented environment.
- Clear grasp of SQL and relational database fundamentals.
- Strong verbal and written communication skills.
- Operates with the highest degree of ethics and integrity.
Benefits:
The base pay range for this position is between: $150,000 – $180,000, annually. Actual base pay will be determined based on several factors, including, but not limited to, relevant experience, seniority, business needs, and market demands. In addition to base pay, successful candidates will be entitled to a discretionary bonus.
Seniority level
- Associate
Employment type
- Full-time
Job function
- IT Services and IT Consulting
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Quantitative Developer employer: Caxton Associates
Contact Detail:
Caxton Associates Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Quantitative Developer
✨Tip Number 1
Make sure to showcase your Python skills in any discussions or interviews. Since the role heavily relies on building and maintaining quant libraries in Python, demonstrating your proficiency through examples of past projects can set you apart.
✨Tip Number 2
Familiarize yourself with the financial instruments mentioned in the job description, such as FX, Futures, and Options. Having a solid understanding of these will not only help you in interviews but also show your genuine interest in the field.
✨Tip Number 3
Network with professionals in the quantitative finance space, especially those who work with firms like Caxton. Engaging with industry experts can provide insights into the company culture and expectations, which can be invaluable during the interview process.
✨Tip Number 4
Brush up on your SQL and database management skills. Since the role involves designing data solutions and ETLs, being able to discuss your experience with relational databases confidently will demonstrate your readiness for the position.
We think you need these skills to ace Quantitative Developer
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Quantitative Developer position at Caxton Associates. Understand the key responsibilities and required skills, especially in Python, SQL, and quantitative reasoning.
Tailor Your CV: Customize your CV to highlight relevant experience and skills that align with the job requirements. Emphasize your professional Python skills, experience with SQL, and any knowledge of financial instruments.
Craft a Strong Cover Letter: Write a compelling cover letter that showcases your passion for quantitative development and your understanding of the financial markets. Mention specific projects or experiences that demonstrate your coding practices and problem-solving abilities.
Highlight Team Collaboration: In your application, emphasize your ability to work collaboratively with teams, particularly with Portfolio Managers and Quantitative Analysts. Provide examples of how you have successfully contributed to team projects in the past.
How to prepare for a job interview at Caxton Associates
✨Showcase Your Python Skills
Since the role requires demonstrated professional Python skills, be prepared to discuss your experience with Python in detail. Bring examples of projects where you've built quant libraries or web services, and be ready to explain your coding practices.
✨Understand SQL Fundamentals
A clear grasp of SQL and relational database fundamentals is essential for this position. Brush up on your SQL knowledge and be ready to answer questions about database design and data manipulation techniques.
✨Communicate Clearly
Strong verbal and written communication skills are crucial. Practice explaining complex quantitative concepts in simple terms, as you may need to communicate with Portfolio Managers and other non-technical staff.
✨Demonstrate Ethical Standards
Caxton operates with a high degree of ethics and integrity. Be prepared to discuss how you handle ethical dilemmas in your work and provide examples of how you maintain integrity in your coding and development practices.