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Stevens Capital Management

Quantitative hedge fund developing automated strategies

Quantitative Researcher - Portfolio Optimization

Full-Time
$150k - $300k/yr+ Bonus + Profit Sharing
Mid
Master's, PhD
Villanova, PA, USA
Hybrid
Quantitative FinanceQuantitative Trading / Algorithm Development

About the job

Requirements
  • Strong quantitative background (PhD or Master’s in Applied Mathematics, Operations Research, Computer Science, or related field)
  • Proven experience with MOSEK or other optimization frameworks
  • Deep understanding of slippage, transaction cost modeling, and intraday trading
  • Familiarity with real-time data processing and execution systems
  • Programming skills in Python and/or C++
  • Experience integrating optimization routines in production trading systems
Responsibilities
  • Design and implement multi-period portfolio optimization frameworks incorporating transaction costs, slippage, and other market frictions
  • Leverage MOSEK and other optimization solvers to build scalable and efficient models
  • Develop and refine intraday trading strategies and execution algorithms
  • Monitor and analyze model performance in a live trading environment

About the company

S

Stevens Capital Management

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Stevens Capital Management is a quantitative hedge fund manager that develops and implements empirically based trading strategies. Its flagship fund has more than 30 years in operation, reflecting a long history of trading activity in global, highly liquid markets. The firm uses large data sets, technology, and the scientific method to build automated trading strategies and execute them across major markets. SCM emphasizes recruiting top talent in quantitative research and C++ development to maintain its research-driven approach. The firm's goal is to create disciplined, data-driven trading models and deploy them at scale to generate returns in efficient financial markets.

Company Size

11-50

Company Stage

N/A

Total Funding

N/A

Headquarters

Radnor Township, Pennsylvania

Founded

2002

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Simplify Jobs

Simplify's Take

What believers are saying

  • SCM posted active hiring on September 23, 2026 for quant researchers and DBAs.
  • Form ADV filed March 23, 2026 reports $3.68 billion in regulatory AUM.
  • Its July 2026 openings support hybrid, remote, and in-person recruiting, widening talent access.

What critics are saying

  • Q2 2026 13F value fell to $416.6 million from $649.2 million in Q1.
  • Systematic alpha decays fast when rivals copy signals across CME, LSE, NASDAQ, and ICE.
  • One senior researcher or C++ engineer departure can cripple execution and research momentum.

What makes Stevens Capital Management unique

  • SCM runs proprietary quantitative trading across equities, futures, fixed income, and credit.
  • Its July 30, 2026 careers page highlights real-time, low-latency C++ market-data infrastructure.
  • The firm has managed client assets since 1990s-era operations and remains SEC-registered.

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Benefits

  • Health Insurance
  • Dental Insurance
  • 401(k) Retirement Plan
  • 401(k) Company Match
  • Hybrid Work Options

Company News

MarketBeat
Mar 25th, 2025
Zoetis Inc. (NYSE:ZTS) Shares Purchased by Vanguard Group Inc.

Stevens Capital Management LP purchased a new stake in Zoetis in the 4th quarter valued at $548,000.

Slater Sentinel
Mar 24th, 2025
Stevens Capital Management LP Invests $361,000 in Ford Motor (NYSE:F)

Stevens Capital Management LP invests $361,000 in Ford Motor (NYSE:F).

MarketBeat
Mar 24th, 2025
Stevens Capital Management LP Invests $871,000 in CDW Co. (NASDAQ:CDW)

Stevens Capital Management LP invests $871,000 in CDW Co. (NASDAQ:CDW).

MarketBeat
Mar 24th, 2025
Stevens Capital Management LP Invests $886,000 in Phillips 66 (NYSE:PSX)

Stevens Capital Management LP invests $886,000 in Phillips 66 (NYSE:PSX).

MarketBeat
Mar 24th, 2025
Stevens Capital Management LP Invests $974,000 in Comcast Co. (NASDAQ:CMCSA)

Stevens Capital Management LP invests $974,000 in Comcast Co. (NASDAQ:CMCSA).