Trader, Macro

Join our D.E.Shaw group in New YorkThe D.E.Shaw group seeks traders to join its Macro team, focused on foreign exchange, developing, and emerging markets. The Macro group offers a collegial working environment, the chance to collaborate with an innovative team, and substantial growth opportunities.

What you’ll do day-to-day

• Employ quantitative financial methods to identify risk factors in the market and recommend trading opportunities.
• Create mathematical models to improve analytical tools.
• Analyze market fundamentals and develop quantitative forecasts using statistical and time ‑ series analytical techniques.
• Link market fundamentals to price movements through the application of linear algebra and statistics to quantify fundamental impacts.
• Leverage expansive datasets with data ‑ science techniques to discern trading patterns and generate novel insight into market fundamentals.
• Design and develop data ‑ visualization tools to generate insights into the market.
• Apply mathematical techniques to assess and identify systematic mispricing and explore patterns hidden in price data.
• Integrate analysis and insight to update market views, recommend trading opportunities, identify risk factors, and communicate opinions.

What we’re looking for

A master’s degree in applied mathematics, finance, economics, or a related field of study.

Knowledge or experience in the following must have been gained through academic research and/or coursework: mathematical modeling and time-series forecasting; linear and nonlinear models; data science, including data cleaning, visualization, and regression analysis; statistical and machine learning algorithms; deploying AI techniques on existing analyses; computational simulation and modeling in Python, Stata, and Matlab; machine learning techniques, including GMM, principal components analysis, and data-driven choice of tuning parameters; econometrics; linear algebra; and signal processing and statistics. As is customary for the employer, applicants who pass initial screening will be required to complete and pass a technical screening.

The annual base salary for this position is $250,000 - $300,000. Our compensation and benefits package includes variable compensation in the form of a year-end bonus, guaranteed in the first year of hire, and benefits including medical and prescription drug coverage, 401(k) contribution matching, wellness reimbursement, family building benefits, and a charitable gift match program.

• variable compensation in the form of a year-end bonus, guaranteed in the first year of hire
• medical and prescription drug coverage
• 401(k) contribution matching
• wellness reimbursement
• family building benefits
• a charitable gift match program

The D.E.Shaw group is an equal opportunity employer.