Ankita,
As per our phone communication, we're looking to offer quantitative research projects to IIT Madras students with the following incentives -
- INR 65,000 monthly compensation plus performance-based bonus.
- Flexibly work from any Internet-accessible location at any time of the day.
- Invaluable learning and networking opportunities with global hedge fund managers.
- Access to a robust, proprietary technology platform that enables users to efficiently explore and convert their creative ideas into Alpha signals that may be traded in the real world.
- Mentoring and guidance from experienced quantitative researchers.
- Full-time offers for top performers.
We'd like to communicate this opportunity to all IIT Madras students via department-specific group mailing lists / student groups etc. And, we'd appreciate any assistance in ensuring that it reaches all the students.
For your reference, the project description to be communicated to students is included at the end of this email.
In case of any queries, feel free to reach out.
- Team Trexquant
----------------------------------------------
Global Alpha Research - Trexquant
----------------------------------------------
Many academically-talented high-achieving individuals are interested in pursuing a career in quantitative finance. One of the most important roles in quantitative finance is Alpha research, developing profitable trading signals based on real-world data. Unfortunately, quantitative trading is a tight-knit industry where detailed information about building a successful career is difficult to find. To address this problem, Trexquant created the Global Alpha Research program to provide a platform for career growth and advancement – participants in the program will gain direct experience in buy-side Alpha research and be mentored by senior Alpha Researchers.
We are seeking bright and hard-working scientists, mathematicians, and engineers to join our talented team of Global Alpha Researchers in India to conduct exciting research to develop Alphas, which are signals that predict future stock returns. The ideal researcher is analytical, creative, and persistent at finding strong Alphas. If you are interested in trading and financial markets, and seek to work collaboratively with high-calibre quantitative researchers, this role may be of high interest to you.
Responsibilities
- Research and develop Alphas: market-neutral, medium-frequency signals that predict future stock returns.
- Investigate and implement recent academic research.
- Apply machine learning driven techniques to discover Alphas.
Benefits
- INR 65,000 monthly compensation plus performance-based bonus.
- Flexibly work from any Internet-accessible location at any time of the day.
- Invaluable learning and networking opportunities with global hedge fund managers.
- Access to a robust, proprietary technology platform that enables users to efficiently explore and convert their creative ideas into Alpha signals that may be traded in the real world.
- Mentoring and guidance from experienced quantitative researchers.
- Full-time offers for top performers.
Applying
About Trexquant
Trexquant is a technology-driven investment firm trading global equities using statistical arbitrage methods. We use thousands of short-term signals, called Alphas, to trade a broad universe of stocks with the goal of delivering strong absolute and risk-adjusted performance. Alphas are inspired by a variety of sources, such as academic publications and statistical analysis, and rely on a variety of technical, fundamental, and proprietary data as input. Trexquant was founded in 2012 and we currently manage hundreds of millions of USD worth of assets. Our research staff consists of graduates from the highest-rated science and engineering programs in the world, such as M.I.T., I.I.T., Harvard, Oxford, Columbia, Caltech, Princeton, and Carnegie Mellon, among other universities. Trexquant is registered with the U.S. Securities Exchange Commission as an investment advisor and is headquartered in Stamford, Connecticut, USA. Please visit
http://www.trexquant.com/ for additional information about our firm.
----------------------------------------------