ALT Fund
Quantitative Researcher (Hedge Fund, Institutional branch)
ALT FundLatvia14 hours ago
Full-timeResearch
We are a prop-trading company that combines the agility of a startup with the resources of a high-performing fund. Our team is focused on developing cutting-edge strategies, and working with us means not just advancing technology, but also being part of a team where ideas are valued, professional growth is encouraged, and every member has the opportunity to unlock their full potential.

We are seeking a specialist with proven experience in Quantitative Research.

What You'll Be Doing:

  • Developing and testing investment hypotheses within the constraints of risk management
  • Building models for evaluation, decomposition, and forecasting of returns and risks across various asset classes (equities, rates, credit, commodities)
  • Enhancing existing factor models and designing new alpha-beta / gamma-vega strategies
  • Participating in portfolio optimization processes, taking into account transaction costs, position constraints, and regulatory requirements
  • Performing attribution analysis, stress testing, performance decomposition, and preparing reports for the Investment Committee
  • Collaborating with the execution team to deploy models into production, including monitoring and managing model deviations

Requirements

Experience:

  • 3-7 years of experience at multi-asset hedge funds, asset management firms, or in quantitative research at investment banks
  • Proven track record of implementing live trading strategies with a long-term Sharpe ratio > 1.5
  • Hands-on experience working with execution constraints, market impact models, and transaction cost modeling
  • Participation in institutional investment processes (e.g. investment committee meetings, risk management, compliance)

Skills & Education:

  • Deep knowledge of statistics and probability theory, including copulas, regime-switching models, etc
  • Experience building risk models (e.g. factor models, volatility forecasting, CVaR)
  • Strong expertise in the alpha research pipeline — from idea generation to production deployment
  • Proficient in Python (Pandas, NumPy, SciPy, etc.); C++ or Rust is a strong plus
  • Understanding of portfolio optimization with both linear and nonlinear constraints
  • Experience working with alternative data in a structured due diligence framework
  • Master's or PhD in a quantitative field (Physics, Mathematics, Computer Science, or related disciplines)
  • Languages: Russian, English

Nice to have:

  • Understanding of options pricing models, hedging
  • Experience with machine learning, deep learning, or reinforcement learning (ML/DL/RL) techniques
  • Strong communication skills, with the ability to explain complex technical ideas to both technical and non-technical stakeholders

Benefits

  • Culture of Innovation: An open, dynamic, and inclusive environment where your ideas matter
  • Flexibility & Impact: Enjoy the freedom of a startup with the backing of a well-resourced fund
  • High Impact: Work directly on projects that shape strategies and drive the fund's success
  • 35 Days of Vacation - Plenty of time to rest and recharge
  • 100% Paid Sick Leave - Recover without financial worries
  • Top-Tier Equipment - Choose the tools that suit you best (within budget)
  • Corporate Psychologist - Mental health support when you need it

Key Skills

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