Quantitative Researcher - Portfolio Optimization

SCM

Radnor, PA, United States
Base: $150,000 - $300,000; bonus/equity: eligible ...
On-site
Multi-period portfolio optimization
Transaction costs and slippage
Mosek optimization solvers
SCM is seeking a Quantitative Researcher for Portfolio Optimization, focusing on developing and implementing advanced portfolio optimization frameworks and trading strategies. The ideal candidate will have a strong quantitative background and proficiency in optimization frameworks, with a competitive salary and benefits package offered

Job Summary

  • SCM is committed to a workplace that values and promotes diversity, inclusion and equal employment opportunity.
  • Design and implement multi-period portfolio optimization frameworks incorporating transaction costs, slippage, and other market frictions.
  • The base pay for this position is anticipated to be between $150,000 and $300,000 per year.

Matching Summary

Match Score: 85

SCM is seeking a Quantitative Researcher for Portfolio Optimization, focusing on developing and implementing advanced portfolio optimization frameworks and trading strategies. The ideal candidate will have a strong quantitative background and proficiency in optimization frameworks, with a competitive salary and benefits package offered.

Salary

Base: $150,000 - $300,000; Bonus/Equity: Eligible for bonus; Benefits: Health and dental plans and 401(k) contributions

Skills & Requirements

Must-have

  • multi-period portfolio optimization
  • transaction costs and slippage
  • MOSEK optimization solvers
  • intraday trading strategies
  • Python and/or C++ programming

Nice-to-have

  • real-time data processing
  • production trading systems integration
  • diversity and inclusion values

Key Requirements

  • PhD or Master’s in Applied Math, Operations Research, Computer Science, or related field
  • Proven experience with MOSEK or other optimization frameworks
  • Deep understanding of slippage, transaction cost modeling, and intraday trading
  • Familiarity with real-time data processing and execution systems
  • Experience integrating optimization routines in production trading systems

Work Rights

Not specified

Tailored Resume

Cover Letter