Quantitative Trader

at Jane Street · Quant · New York, NY · Quantitative Trading

Quantitative Trader role at Jane Street, a trading firm that heavily relies on technology and proprietary models. The role involves seeking and trading on pricing inefficiencies, developing models, managing risk, and investigating new products. It emphasizes a strong quantitative mind and collaborative problem-solving. New traders receive training and increasing responsibility. The firm uses OCaml as its primary development language.

What you'd actually do

  1. seek out and trade on pricing inefficiencies
  2. develop models
  3. manage risk
  4. investigate new products
  5. push into new business areas

Skills

Required

  • strong quantitative mind
  • enjoy working collaboratively
  • solve challenging problems
  • practical setting
  • comfortable programming

Nice to have

  • prior knowledge of finance or economics
  • experience with particular programming languages
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About the Position

Our trading is based on our own proprietary models and on busy days we engage in over a million trades. Traders work in teams to seek out and trade on pricing inefficiencies, develop models, manage risk, investigate new products, and push into new business areas. Experienced traders teach and oversee the less-experienced. New traders serve as assistants while they learn the ropes, getting increasing responsibility as they demonstrate their ability to handle it.

Technology is at the core of how we approach trading, and we consider ourselves as much a technology company as a trading firm. We use OCaml, a statically-typed functional programming language, as our primary development language, and have the largest team of OCaml engineers in any industrial setting.

About You

We are looking for people who have a strong quantitative mind and enjoy working collaboratively to solve challenging problems in a practical setting. Prior knowledge of finance or economics is not expected or required. Experience with particular programming languages is also not required, although generally being comfortable programming in your language of choice is a plus.

If you're a recruiting agency and want to partner with us, please reach out to agency-partnerships@janestreet.com.