Quantitative Researcher & Development Expert

We have been exclusively retained by one of our prestigious clients based in UAE specializing in Investment, Financial Services and Technology, to identify Quantitative Researchers and Developers.

This is an onsite opportunity for Quantitative Researchers and Developers, Open to all Nationalities.

Job Description:

• A PhD in technology, physics, mathematics or similar.
• Previous exposure as a Quantitative Researcher or Developer in Financial Services/ Investments is a must.
• All teams work collaboratively in research and/or production squads to implement research prototypes (FA, SD, T, PO) and production applications (DC, D, PI/E).

Data Curation - Key responsibilities:

• manage vendors and data trials
• catalogue, onboard & ingest raw data and assess data quality
• structure frozen and live datasets for statistical analysis and production.

Feature Analysis - Key responsibilities:

• explore and identify statistical patterns including model specification
• determine the most important features and apply explainable AI techniques
• isolate interaction effects, and estimate generalization errors

Strategy Development - Key responsibilities:

• propose a falsifiable theory as to why an opportunity exists and is likely to continue
• develop an investment algorithm that monetizes the opportunity
• assess the profitability of the algorithm under various regimes/scenarios

Testing - Key responsibilities

• peer-review research and assess the probability of a false discovery
• ensure research documentation is complete, accurate and reproducible
• independently assess the profitability of the investment algorithm
• validation of the cause-effect mechanism proposed
• control for multiple testing

Deployment - Key responsibilities:

• productionize all mathematical prototypes developed, and compute target positions
• reproduce and accept the prototype delivered by research
• develop scientific code and create re-usable software applications out of prototypes
• ensure that production software delivers the output intended by the research prototype
• compute target positions using live data and pre-determined allocations and constraints

Portfolio Oversight Key responsibilities:

• conduct graduation through paper trading and into live trading
• calculate risk and performance attribution (out-of-sample)
• monitor strategy performance and calculate strategy allocations

Portfolio Implementation & Execution - Key responsibilities:

• executing the trades to shift the current portfolio towards the target portfolio
• minimize execution cost, impact, delay and other risks
• coordinate the booking and reconciliation of trades

Investment Technology - Key responsibilities:

• administration, maintenance, and operation of production services
• securing and monitoring research and production systems
• enabling secured access to confidential information
• writing and maintaining core, general-purpose software that can be used as the foundations of research prototypes and production applications.