At a Glance
- Tasks: Lead execution research and develop innovative trading strategies from scratch.
- Company: Dynamic firm in digital assets and systematic trading.
- Benefits: Up to £170k base salary plus bonus, with opportunities for growth.
- Other info: Collaborative environment with a focus on cutting-edge research and development.
- Why this job: Be the first in a new role and shape the future of execution strategies.
- Qualifications: 2-8 years in quant trading, strong Python skills, and a quantitative degree.
The predicted salary is between 170000 - 170000 £ per year.
As the Execution Quantitative Researcher, you will play a pivotal role in establishing and advancing execution research efforts. This is an exciting opportunity to be the inaugural hire in this domain, allowing you to define and lead our execution strategies from the ground up and learn on the job.
Key Responsibilities- Strategy Development: Create and enhance execution strategies aimed at capitalising on new alpha signals over various time frames, ranging from seconds to hours.
- Slippage Minimisation: Optimise order placement and scheduling techniques to effectively reduce slippage during trades.
- Market Impact Modeling: Develop comprehensive market impact models and seamlessly integrate them into the portfolio optimisation framework.
- Backtesting Validation: Leverage internal trading data to validate and improve backtesting engines, ensuring robust performance analysis.
- Collaborative Research: Work closely with fellow researchers to contribute to the overall development of trading strategies and methodologies.
- 2-8 years in Quant trading and Execution Research
- Strong background in market microstructure analysis, transaction cost analysis (TCA), and simulator design
- Proficient in Python; C++ knowledge is a plus
- Familiarity with utility function design, rules-based logic for order execution, and multi-period optimization preferred
- Advanced degree in a quantitative field (e.g., Computer Science, Mathematics, Physics)
- Crypto trading experience is a plus but not required
Execution Research Lead employer: Durlston Partners LLP
Durlston Partners LLP is an exceptional employer, offering a unique opportunity for a Hands-On CTO to shape the future of an innovative trading platform in the heart of London. With a flat organisational structure, you will work closely with the CEO and a senior team, fostering a collaborative work culture that encourages creativity and impactful decision-making. The company prioritises employee growth, providing ample opportunities for professional development and hands-on involvement in cutting-edge technology.
StudySmarter Expert Advice🤫
We think this is how you could land Execution Research Lead
✨Tip Number 1
Network like a pro! Reach out to folks in the industry on LinkedIn or at events. A friendly chat can open doors that a CV just can't.
✨Tip Number 2
Show off your skills! Prepare a portfolio or a project that highlights your execution strategies and market impact models. It’s a great way to demonstrate your expertise beyond the usual application.
✨Tip Number 3
Practice makes perfect! Get ready for interviews by simulating questions related to market microstructure and transaction cost analysis. The more you prepare, the more confident you'll feel.
✨Tip Number 4
Don’t forget to apply through our website! We love seeing candidates who take the initiative. Plus, it gives us a chance to see your enthusiasm right from the start.
We think you need these skills to ace Execution Research Lead
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Execution Research Lead role. Highlight your experience in quantitative trading and execution research, and don’t forget to showcase your skills in Python and market microstructure analysis.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re excited about this role and how your background aligns with our needs. Be specific about your achievements in strategy development and slippage minimisation.
Showcase Your Projects:If you've worked on relevant projects, make sure to mention them! Whether it's developing market impact models or backtesting engines, we want to see how you've applied your skills in real-world scenarios.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Durlston Partners LLP
✨Know Your Quant Stuff
Make sure you brush up on your quantitative trading knowledge, especially around market microstructure and transaction cost analysis. Be ready to discuss how you've applied these concepts in past roles, as this will show your depth of understanding.
✨Showcase Your Coding Skills
Since proficiency in Python is a must, prepare to demonstrate your coding skills during the interview. You might be asked to solve a problem or explain your thought process while coding, so practice some common algorithms or data structures beforehand.
✨Prepare for Strategy Discussions
Think about execution strategies you've developed or improved in the past. Be ready to discuss specific examples, including how you minimised slippage or optimised order placement. This will highlight your hands-on experience and strategic thinking.
✨Collaborative Mindset
As collaboration is key in this role, be prepared to talk about how you've worked with other researchers or teams in the past. Share examples of how you contributed to collective goals and how you can bring that collaborative spirit to their team.
