Quantitative Researcher — Systematic Equities — Chicago

Based in the Chicago, IL area, this fully remote Quantitative Researcher — Systematic Equities will develop and test systematic equity research across sectors, factors, and changing market regimes. The operating schedule centers on Central Time coordination across cash equities, listed derivatives, and both coastal schedules.

Compensation and Benefits

Base salary: $175,000–$245,000 USD, based on experience
Work arrangement: Fully remote; applicants must be based in the Chicago, IL area
Experience: 3+ years
Additional compensation: Performance-bonus and equity eligibility based on role and level

About the Role

The Chicago, IL position owns a falsifiable research idea from point-in-time data construction through out-of-sample evaluation. Its working schedule covers Central Time coordination across cash equities, listed derivatives, and both coastal schedules. You will work with a small group of specialists and preserve enough evidence for another person to challenge every material decision.

Chicago Operating Focus

The Chicago opening emphasizes derivatives-aware review, pre-open preparation, and controlled live-market escalation. The Central Time window connects overnight futures behavior, the equity open, listed-derivative activity, and the afternoon cash close in one working day. The role must separate information that transfers across instruments from relationships that only appear during a short regime. Any production response needs an owner, a limit, and a review time. For this role, that means direct ownership of equity-signal validation, sector diagnostics, and regime review during Central Time coordination across cash equities, listed derivatives, and both coastal schedules.

First Review Cycle

The first review cycle for Chicago, IL starts with Central Time coordination across cash equities, listed derivatives, and both coastal schedules. It will establish a measured baseline for equity-signal validation, sector diagnostics, and regime review before the team proposes an operating change. The evidence package includes this task: Present both favorable and unfavorable results to the investment team. It also includes this task: Form hypotheses and build clean point-in-time equity datasets. The Chicago opening emphasizes derivatives-aware review, pre-open preparation, and controlled live-market escalation. A peer will review both results from the same source data. The final note will connect the outcome to a falsifiable research idea from point-in-time data construction through out-of-sample evaluation and give another specialist enough detail to challenge the decision without a separate meeting.

Responsibilities

• Form hypotheses and build clean point-in-time equity datasets
• Test signal stability, turnover, capacity, and transaction-cost sensitivity
• Run walk-forward and out-of-sample evaluation
• Present both favorable and unfavorable results to the investment team
• Own equity-signal validation, sector diagnostics, and regime review during Central Time coordination across cash equities, listed derivatives, and both coastal schedules.

Required Qualifications

• Three or more years in quantitative research, data science, or systematic investing
• Python and SQL proficiency with strong probability and statistics
• Clear understanding of backtest bias and model validation

Preferred Qualifications

• Experience with equity factors, corporate actions, and point-in-time fundamentals
• A record of moving research into monitored production use
• Experience collaborating across time zones while maintaining the operating coverage assigned to the Chicago, IL opening.

Benefits

• Medical, dental, and vision plan options with substantial company support
• 401(k) plan with company matching
• Flexible paid time off and company holidays
• Paid parental and caregiver leave
• Annual learning, conference, and professional-development budget
• Remote-work equipment and home-office support
• Performance-bonus and equity eligibility based on role and level

Benefits are subject to plan terms and eligibility requirements.

Equal Opportunity

Anemoi provides equal employment opportunities without regard to race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, gender identity, or any other status protected by applicable law.