Full-Time

Quantitative Researcher

PhD

Posted on 6/25/2024

Aquatic Capital Management

Aquatic Capital Management

11-50 employees

Quantitative investment manager using predictive models

Compensation Overview

$150k - $200k/yr

+ Discretionary Bonus

Chicago, IL, USA + 1 more

More locations: New York, NY, USA

In Person

Category
Quantitative Finance (1)
Required Skills
Python
C/C++
Requirements
  • Active PhD graduates or Postdoctoral researchers pursuing a degree in mathematics, statistics, machine learning, physics, computer science, or other scientific discipline
  • Exceptional mathematical, analytical, and problem-solving ability
  • Programming proficiency in Python or C++
Responsibilities
  • Work with a team to develop a variety of signals, models, and strategies for trading financial markets
  • Design and implementation of various components of the research system
  • Evaluate the effectiveness of components and models by using rigorous statistical methods
  • Rapidly grow knowledge of quantitative finance through exposure to multiple areas of research
Desired Qualifications
  • Experience in solving data-intensive problems
  • Demonstrated ability to complete statistical or applied mathematical research
  • Successful participation in mathematical competitions such as International Mathematical Olympiad or Putnam
  • Prior experience in a quantitative role within a trading environment
  • Intellectually curious, creative, and rigorous
  • Willingness to challenge assumptions and revise opinions in the face of evidence
  • Self-motivated and highly productive with a strong sense of urgency and accountability
  • Willing to take ownership of one’s work, working both independently and within a small team
  • Meticulous attention to detail
  • Ability to manage and prioritize multiple threads of work
  • Able to work across disciplines
  • Excellent communication and collaboration skills
  • Comfortable providing and receiving actionable feedback in a collaborative team setting
Aquatic Capital Management

Aquatic Capital Management

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Aquatic Capital Management builds quantitative investment strategies for institutional clients using proprietary research and advanced financial models to predict market movements. Its main product is data-driven investment models and signals derived from cutting-edge research, which help hedge funds, pension funds, and other large investors make informed trading decisions. The models are developed by a team of researchers and engineers who work in a meritocratic, collaborative environment, leveraging technology to avoid legacy constraints and stay agile in changing markets. Revenue comes from offering these performance-driven investment strategies and insights to clients. Unlike firms tied to old platforms, Aquatic emphasizes rapid iteration, top talent, and a culture that supports ongoing innovation. The company’s goal is to deliver highly accurate predictions and superior investment results by continuously improving its models and research capabilities.

Company Size

11-50

Company Stage

N/A

Total Funding

N/A

Headquarters

Chicago, Illinois

Founded

2015

Simplify Jobs

Simplify's Take

What believers are saying

  • Team expanded to 125 staff since 2018, fueling rapid R&D innovation.
  • Offices in Chicago, New York, London expand global institutional client reach.
  • Recent David Harks hire bolsters engineering for systematic long-bias strategies.

What critics are saying

  • Citadel poaches ex-founders and engineers like Harks, eroding research edge.
  • Two Sigma's superior AI models capture Aquatic's institutional AUM.
  • SEC audits long-bias funds post-2025 volatility trigger redemption outflows.

What makes Aquatic Capital Management unique

  • Aquatic builds proprietary prediction machine using VAST Data for AI-driven alpha generation.
  • Ex-Citadel founders enable agile operations free from legacy platforms.
  • Meritocratic Chicago-based culture attracts top researchers and engineers.

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Benefits

Vacation

Mentoring and development programs

Weekly happy hours

Daily catered meals

Company News

MarketBeat
May 14th, 2025
Acacia Research (NASDAQ:ACTG) Upgraded by StockNews.com to "Hold" Rating

Finally, Aquatic Capital Management LLC purchased a new stake in Acacia Research in the fourth quarter worth $82,000.

Offshore Magazine
Sep 10th, 2024
Motive Offshore acquires Acteon's Aquatic business

Motive Offshore Group, which specializes in rental, inspection and engineering equipment for the energy sector, has acquired Aquatic, a specialist in laying and retrieving flexible products from the seabed.

eFinancialCareers
May 16th, 2024
The "extremely kind" new hedge fund with an ex-Citadel founder has been hiring

This month, Aquatic hired David Harks as a software engineer.

INACTIVE