Balyasny Asset Management L.P.
Quantitative Researcher, Alpha Capture
OVERVIEW
We are looking for a Quantitative Researcher to join the Alpha Capture team. This is an entry-level position based in Chicago. Alpha Capture is a systematic investment team within L/S Equity at BAM. Our team manages central equity portfolios for the multi-strategy platform, driving higher risk-adjusted net returns for investors. We are a highly collaborative team that meets regularly to discuss ongoing research efforts, share findings, and brainstorm new initiatives. We are looking for someone who is highly detail-oriented, a dependable teammate that can deliver rigorous research and contribute to the core trading strategies.
RESPONSIBILITIES
- Conduct quantitative research relating to all aspects of investment process, including alpha ideas, portfolio construction, and trading
- Identify practical and economically justified hypotheses for process improvements
- Communicate findings to the team, soliciting feedback, and iteratively refining the core ideas until improvement can be demonstrated
- Write robust, thoroughly tested and peer reviewed code to “productionize” improvements for the investment strategy and process
- Prioritize and manage multiple tasks and projects concurrently to meet/exceed deadline
QUALIFICATIONS
- Master’s or PhD in Computer Science, Statistics, Physics, Financial Engineering or related quantitative fields
- Ideally 1-3 years of working experience in quant research / equities / buyside
- Solid knowledge of probability, statistics, data structures and algorithms
- Excellent programming skills in Python, R, C/C++, SQL, unix/linux shell scripting
- Comfortable working with complex large datasets and apply statistical methods appropriately
- Strong problem solving skills and ability to identify and implement appropriate solutions
- Ability to communicate complex ideas clearly; solid analytical, writing, verbal, technical skills
- Outstanding attention to detail and strong organization skills
- Pragmatic and have a can-do attitude in approaching real-world investment problems
