Full-Time
Quantitative Researcher
Confirmed live in the last 24 hours
Old Mission
51-200 employees
Global market maker for illiquid ETFs
Compensation Overview
$170k - $300kAnnually
Mid
New York, NY, USA
Position requires presence in the NYC office.
- An advanced degree in a quantitative field such as computer science, an engineering discipline, mathematics, statistics, or physics
- A deep technical understanding of advanced statistical techniques
- 3+ years of relevant equity trading experience
- Expertise building statistical models equity forecasts, with a proven track record of deploying such models to production equity trading systems
- Proficiency in at least one of the following languages: C++, Python, R, Matlab, Ruby, Java
- Experience leading a team of researchers, either in industry or academia
- Superior written and verbal communication skills
- Conduct research and analyze large data sets to develop and implement alpha signals while contributing to portfolio construction
- Collaborate with others to analyze the performance while optimizing and creating new strategies
- Develop pricing models
- Assess risk
Old Mission operates as a market maker that focuses on providing liquidity for hard-to-price and illiquid exchange-traded funds (ETFs). The company facilitates the buying and selling of these financial products, helping large institutions manage and transfer risk effectively. Old Mission's approach involves a team of traders and technology experts who work together to ensure efficient transactions and problem-solving. Unlike many competitors, Old Mission emphasizes a collaborative and approachable culture, prioritizing long-term relationships with clients and employees. The goal of Old Mission is to deliver exceptional service and liquidity solutions that meet the unique needs of their clients.
Company Stage
Private
Total Funding
N/A
Headquarters
Chicago, Illinois
Founded
2008
Simplify's Take
What believers are saying
- Old Mission's significant investments in diverse assets like Li Auto and Bilibili indicate strong financial health and growth potential.
- The company's ability to provide trillions of dollars in liquidity showcases its robust market presence and reliability.
- Working at Old Mission offers exposure to complex and challenging market scenarios, enhancing professional growth and expertise.
What critics are saying
- The focus on illiquid and hard-to-price ETFs could expose Old Mission to higher market volatility and risk.
- The competitive landscape of market making requires continuous innovation to maintain an edge, posing a constant challenge.
What makes Old Mission unique
- Old Mission specializes in the hardest-to-price and most illiquid ETFs, setting it apart from competitors who may focus on more liquid and easier-to-price assets.
- The company's collaborative and humble culture emphasizes the human element, resulting in unmatched service and problem-solving capabilities.
- Old Mission's long-term alignment with clients' and employees' interests fosters a stable and committed workforce, unlike firms driven by short-term gains.
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Benefits
Competitive Salary
Discretionary bonus
Top tier Medical, Dental, Vision, Disability and Life Insurance paid for by the firm
401(k) with employer match
Full stocked kitchen, free breakfast and lunch everyday on-site
Tuition reimbursement
Flexible Spending Plan
Commuter Benefit Program