Full-Time

Applied ML Scientist

Confirmed live in the last 24 hours

PDT Partners

PDT Partners

201-500 employees

Quantitative asset management and algorithmic trading

Quantitative Finance
Financial Services

Compensation Overview

$190k - $250kAnnually

+ Bonus

Mid

New York, NY, USA

Category
Algorithm Development
Quantitative Research
Quantitative Finance
Required Skills
Python
R
MATLAB
C/C++
Data Analysis
Requirements
  • Solid mathematical and analytical ability; exceptional problem-solving and modeling ability
  • Experience in programming (Python, R, Matlab, C++)
  • Excellent communication and collaborative white board skills
  • Meticulous and detail-oriented, and innately driven to understand issues deeply
  • Experience with/interested 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
  • Finance knowledge is not required or expected
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
  • PhD preferred
  • Undergraduate or Masters degree with equivalent industry experience in machine learning
  • 2+ years of applied machine learning research experience
  • Strong publication record
  • Experience with the Python scientific stack

PDT Partners focuses on quantitative asset management by developing models that identify inefficiencies in financial markets and predict market movements. The firm uses sophisticated trading algorithms that analyze large amounts of market data to find patterns and execute trades accurately. Unlike many competitors, PDT Partners has a long history in algorithmic trading, having been a pioneer in the field since the 1990s. The company primarily serves institutional clients, such as hedge funds and pension funds, helping them enhance their investment strategies with data-driven insights. PDT Partners aims to foster a collaborative environment that encourages continuous exploration and innovation among its team members.

Company Stage

N/A

Total Funding

N/A

Headquarters

New York City, New York

Founded

1993

Simplify Jobs

Simplify's Take

What believers are saying

  • PDT can develop specialized algorithms for ESG investing, meeting rising market demand.
  • Alternative data sources enhance PDT's market predictions and trading algorithm precision.
  • Advancements in machine learning offer PDT new ways to optimize trading strategies.

What critics are saying

  • Emerging quantitative firms using AI may erode PDT's market share.
  • Regulatory scrutiny on algorithmic trading could lead to stricter compliance requirements.
  • Technological advancements may necessitate costly upgrades to PDT's trading infrastructure.

What makes PDT Partners unique

  • PDT Partners excels in quantitative investing with a focus on market inefficiencies.
  • The firm leverages cutting-edge technology and scientific research for algorithmic trading.
  • PDT's collaborative culture fosters innovation and intellectual curiosity among its team.

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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