Full-Time

Quantitative Researcher

PDT Partners

PDT Partners

201-500 employees

Quantitative asset management via algorithmic trading

Compensation Overview

$190k - $250k/yr

New York, NY, USA

Hybrid

Requires working from New York City office at minimum 3 days a week.

PhD

Category
Quantitative Finance (1)
Required Skills
Python
R
MATLAB
C/C++

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Requirements
  • PhD in Mathematical, Scientific, Engineering, or related disciplines
  • Experience level: entry-level (PhD program) or experienced researchers (postdoctoral fellow, faculty, scientific lab, or finance industry)
  • Experience in programming (Python, R, Matlab, C++)
  • Solid mathematical and analytical ability; exceptional problem-solving and modeling ability
  • Research intuition
  • Experience with or interest in working with large data sets
  • Self-motivated and highly productive with a strong sense of ownership and urgency
  • Able to work collaboratively and productively with others
  • Enjoy solving complex, difficult, real-world problems
  • Entrepreneurial and creative
Responsibilities
  • Work closely with senior researchers on a variety of trading strategies and research projects, with the opportunity to conduct independent research and originate research topics over time
  • Contribute to the long-term success of our research-driven algorithmic trading business
Desired Qualifications
  • Finance knowledge is not required or expected
  • Experience with large data sets (if considered Desirable rather than Requirements)
  • Strong communication and collaborative whiteboard skills (if not already in Requirements)

PDT Partners uses quantitative models to identify market inefficiencies and predict price moves, delivering algorithmic trading strategies for institutional clients. Its models analyze vast market data to detect patterns, then execute trades automatically with precision. It differentiates itself through a long history in quantitative investing since the 1990s, a culture of empirical validation, scientific research, and a collaborative environment that rigorously tests ideas before deployment. The goal is to generate investment returns for clients by systematically exploiting market inefficiencies with disciplined, data-driven trading.

Company Size

201-500

Company Stage

N/A

Total Funding

N/A

Headquarters

New York City, New York

Founded

1993

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Simplify Jobs

Simplify's Take

What believers are saying

  • PDT posted 13 openings on July 29, 2026, signaling active hiring.
  • The careers page updated July 17, 2026, lists research, engineering, and operations roles.
  • Recent 2026 filings show active trading, including a new short position in Teleperformance.

What critics are saying

  • PDT’s secrecy blocks brand-building, making recruiting harder against Citadel, Jane Street, and D.E. Shaw.
  • No public litigation or layoffs surfaced, but one bad year can trigger bonus compression.
  • Peter Muller concentration risk is existential; founder departure would destabilize PDT’s research culture.

What makes PDT Partners unique

  • Peter Muller still leads PDT; founder control preserves research continuity since 1993.
  • PDT runs a small, collaborative quant platform with about 250 employees.
  • The firm hires PhD researchers and engineers for live automated trading models.

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Benefits

Full medical, dental, vision, disability, and life insurance coverage

Wellness perks and programs

Generous time off and unlimited sick leave

Match charitable giving

Subsidize fitness and exercise

Emergency back-up child and elder care

401k matching and pre-tax benefits

Company News

Bloomberg
Dec 4th, 2025
The Hedge Fund That Hides Secrets on the Office Walls

The hedge fund that hides secrets on the office walls. Founder Pete Muller has a passion for puzzles, so he turned the company's headquarters into a cryptic challenge. When quantitative hedge fund PDT Partners moved into its new headquarters in New York City after the pandemic, Chief Executive Officer Pete Muller wanted to entice employees back into the office. So he designed a puzzle. "I wanted to give them a reason to look around," he says. About 80 artworks are displayed around the three-floor office in Columbus Circle, five of which contain cryptic clues to a phrase. (Gotham Immersive Laboratories helped with the puzzle designs.) Shortly after the challenge was announced at a companywide meeting, Winnie Yang, an engineer, teamed up with a colleague to locate and photograph all the artworks.

ETFDailyNews.com
Sep 21st, 2025
NorthCrest Asset Manangement LLC Sells 713 Shares of Target Corporation $TGT

Finally, PDT Partners LLC purchased a new stake in Target in the 1st quarter worth approximately $4,623,000.

ETFDailyNews.com
May 26th, 2025
International Money Express, Inc. (NASDAQ:IMXI) Receives $20.50 Consensus Price Target from Brokerages

PDT Partners LLC purchased a new stake in International Money Express in the 1st quarter worth about $464,000.

ETFDailyNews.com
Mar 29th, 2025
Intech Investment Management LLC Boosts Stock Position in 2seventy bio, Inc. (NASDAQ:TSVT)

PDT Partners LLC purchased a new stake in 2seventy bio in the 3rd quarter valued at about $244,000.

MarketBeat
Mar 12th, 2025
975,156 Shares in Sleep Number Co. (NASDAQ:SNBR) Bought by Wealthfront Advisers LLC

PDT Partners LLC acquired a new stake in Sleep Number in the 3rd quarter valued at about $241,000.