JOE - December 2013

Citadel LLC
Quantitative Research Professionals (all levels)
Position Title/Short Description
Title: Quantitative Research Professionals (all levels)
Section: 5 -- Full-Time Nonacademic
Location: Chicago, IL, USA
JEL Classifications:
A1 -- General Economics
C -- Mathematical and Quantitative Methods
C1 -- Econometric and Statistical Methods and Methodology: General
C5 -- Econometric Modeling
C6 -- Mathematical Methods and Programming
C8 -- Data Collection and Data Estimation Methodology; Computer Programs
D3 -- Distribution
D4 -- Market Structure and Pricing
G -- Financial Economics
G1 -- General Financial Markets
G2 -- Financial Institutions and Services
L1 -- Market Structure, Firm Strategy, and Market Performance
M4 -- Accounting and Auditing
N2 -- Financial Markets and Institutions
Keywords: finance, quantitative, researcher, research, financial, investments, derivatives, asset pricing, C++, statistic, trading, quant, algorithms, hedge fund
Deadline Date: 01/2014

JOE ID Number: 201312_400024

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Full Text of JOE Listing:
Citadel seeks Ph.D. job market candidates, faculty and industry professionals who are entrepreneurial, self-starters and enjoys being in a fast-paced, dynamic and demanding environment to help continue building and growing one of the world's leading global financial institutions. Citadel pursues path-breaking work and handsomely rewards excellence. For the right individual, this opportunity represents an exciting career path in investments research.

Exciting opportunities are available in a variety of Investment Strategies teams including Statistical Arbitrage, Quantitative Long/Short, Global Fixed Income, Credit and Convertible Arbitrage.

Position: Quantitative Research Professionals (all levels)
Location: Chicago, Illinois

Duties and Responsibilities:
-Develop core algorithms and models leading directly to trading decisions
-Conduct research and statistical analyses about securities and commodities
-Conceptualize valuation strategies, develop and continuously improve upon mathematical models, and help translate algorithms into code
-Work closely with traders in interpreting valuations and developing next generation models and analytics
-Evaluate vendors of financial information; evaluate and work with new data sources and analysis packages in developing investment strategies
-Provide high level technical and investment analytic support to the trade desk

Minimum Qualifications:
-Ph.D. in Finance, Accounting, Economics, Statistics, Mathematics, IEOR or related fields with demonstrated ability to complete high-level, investments related research
-Experience in a quantitative role within a trading environment or experience in a position applying advanced quantitative techniques in solving highly complex data intensive problems
-Demonstrated solid empirical skill; comfortable working with and analyzing large datasets
-Strong mathematical and statistical modeling skills (i.e. time-series and cross-sectional skills) are highly valued
-Proficient coding skills with experience using statistical packages (e.g. R, Matlab); exposure to scripting (e.g. Python, Perl); C/C++ a plus but not required

Additional Qualifications may include:
-Demonstrated interest in or knowledge of investments, derivatives, asset pricing, empirical anomalies, macroeconomic analysis and market micro-structure; Experience with equities, convertible arbitrage, fixed income and/or commodities
-Understanding of the modeling of risk and dynamics of linear and non-linear financial products
-Good understanding of international accounting rules and familiarity with global market structure
-Familiarity with portfolio construction analytics and some exposure to quantitative portfolio management.

About Citadel:
Since its founding over two decades ago, Citadel has grown into a global financial institution. The firm's culture of identifying and seizing opportunities can be traced back to CEO and firm founder, Kenneth Griffin's passion for the markets. While a student at Harvard, Griffin developed his first convertible bond arbitrage model and traded from his dorm room. Today, Citadel is a leading global financial institution with a diverse business platform that is built on a foundation of world-class talent, technology and infrastructure.

Citadel effectively deploys capital to convert opportunity into results across a highly diversified set of proprietary investment strategies in all major asset classes. With more than 1,100 team members, Citadel operates in the world's major financial centers, including Chicago, New York, London, Hong Kong, Boston, Dallas and San Francisco.
Application Instructions:

Please email your Curriculum Vitae (CV), Cover Letter and Job Market Paper (if applicable) to:

Please include Job Code: 36537AFA in the subject line of your email.

Email for Applications:
Informational URL:

For more information, email:

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