At a Glance
- Tasks: Create and optimise trading strategies using advanced statistical models and machine learning.
- Company: Leading HFT firm expanding into innovative mid-frequency strategies.
- Benefits: Competitive salary, dynamic work environment, and opportunities for professional growth.
- Other info: Exciting opportunity to work with cutting-edge technology in a collaborative team.
- Why this job: Join a specialist team and make a real impact in the fast-paced world of finance.
- Qualifications: Strong skills in statistical modelling, Python, and experience in systematic portfolio construction.
The predicted salary is between 60000 - 80000 £ per year.
Company: A leading quantitative proprietary HFT firm expanding into mid-frequency strategies across global equities, futures, and derivatives markets.
Location: London
The role: The firm is building a specialist team focused on alpha blending, monetisation, and optimisation. The team works with a library of raw signals from the alpha research group to produce live, risk-bearing strategies, with exposure from signal combination up to execution.
Responsibilities
- Combine and weight a large set of raw alpha signals into coherent, tradable strategies, managing signal correlation, overlap, and interaction.
- Build and own the optimisation layer: portfolio construction, capital allocation, and position sizing across signals and markets.
- Model and minimise the cost of trading, accounting for market impact, transaction costs, and capacity constraints when translating signals into positions.
- Iterate on live performance: monitor PnL, diagnose alpha decay, rebalance signal weightings, and improve the capital efficiency of the book over time.
- Work with infrastructure and execution teams to deploy the combined strategies into production and refine them under live conditions.
- Own the live risk profile of the blended book, conducting rigorous risk assessment and managing exposures.
Requirements
- Strong background in statistical modelling and machine learning, with particular value placed on optimisation, ensemble methods, and portfolio construction (e.g. convex optimisation, mean‑variance and its extensions, gradient boosting, neural networks).
- Demonstrable experience in signal combination, alpha mixing, or systematic portfolio construction, ideally in a mid‑frequency setting.
- Proficiency in Python; C++ and experience in high‑performance computing environments are a plus.
- A track record of taking research into production and generating live PnL is highly valued.
- Experience with financial time‑series analysis, market microstructure, or transaction cost modelling preferred.
Quantitative Researcher (Monetisation) employer: Thurn Partners
As a leading quantitative proprietary HFT firm based in London, we pride ourselves on fostering a dynamic and innovative work culture that encourages collaboration and continuous learning. Our employees benefit from a strong focus on professional development, with ample opportunities to engage in cutting-edge research and contribute to live trading strategies that directly impact our success. Join us to be part of a forward-thinking team where your expertise in statistical modelling and machine learning will be valued and rewarded.
StudySmarter Expert Advice🤫
We think this is how you could land Quantitative Researcher (Monetisation)
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Thurn Partners. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Quantitative Researcher (Monetisation)
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Thurn Partners.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Thurn Partners's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Thurn Partners
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Thurn Partners.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Thurn Partners will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Thurn Partners employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
