Quantitative Researcher

Quantitative Researcher - Execution Research (Equities) New York A multi-billion dollar systematic investment firm is hiring a Quantitative Researcher to join its Execution Research team, initially focused on equities with room to grow into cross-asset coverage over time. This is a research role, not a reporting role - you'll be working on genuine open problems in execution: measuring market impact more accurately, improving how well trading simulations match live execution, and helping the desk make better decisions about routing and broker algo selection. What you'll work on Building and refining execution quality benchmarks - measuring realized performance against predicted cost Researching market impact, with a focus on closing the gap between theoretical models and what actually happens in live trading Evaluating and allocating across external broker execution algorithms Producing research and reporting that shapes how portfolio managers and traders think about execution quality What we're looking for Strong quantitative background - Statistics or Mathematics preferred; PhD a plus but not required 1+ years of relevant experience; exceptional candidates with less are welcome to apply given strong academic pedigree Experience with transaction cost analysis, market microstructure, or algorithmic execution research (sell-side or buy-side) Genuine intellectual curiosity about market structure - this is a research-driven seat, not a maintenance one Strong coding ability (Python and/or KDB/Q a plus) If this is of interest or you know someone who could be a good fit, reach out. #J-18808-Ljbffr Durlston Partners