Senior ETF Quant

Who are you?

You get ETF’s. The quants that think ETF pricing is basic are wrong. You understand the complexities and nuances of the ETF market as well as you know the statistical and ML models you have used to predict market moves. You graduated with an advanced degree in a stat heavy discipline and moved into finance as a quant. Although you may have started off in equities, you ended up in ETF’s and this is where you have really thrived. You understand the complexities of pricing the underlying in different timezones as well as the price action and momentum of the ETF markets. You have created alpha signals based on your predictions that are in production as trading strategies.

Yes, sound like me. So what?

Your learning curve has been steep and continual throughout your carer however it is starting to plateau and you would really like the opportunity to take your experience and apply it somewhere else.

Hmm. Maybe, carry on….

We are working with a major player in the high frequency trading industry. They are dominant in most exchange traded instruments however are noticeably absent (well in any kind of meaningful way) from the ETF market. This is about to change. They are investing in building out their ETF business. It’s early stage so do not expect to see an army of sales people bringing in flow. In fact that’s not really there style. They are looking to replicate the predictive ability they have on other markets within ETFs and grow.

OK, what would they want with me?

They already have world class developers, quants etc. They need to add an equally world class quant who can also add ETF knowledge to speed up their growth.

What are the requirements?

Well obviously you need to have considerable experience pricing and modelling ETF. You need to understand the mechanics of the ETF market as well as the market movements and flows. You should have worked on developing alpha strategies that are not dependent on creation or redemption or external flow (although you may have worked on some of that in the course of your work). You should also have expert level knowledge of modern statistical modelling techniques and strong technical skills.

Sound like me but that’s going to be hard to build out…

Yes, it will. However, they have a significant information edge in many markets and are incredibly successful in all the other markets they trade. This is a long term project and gives you the opportunity to be involved from the beginning, to get things done without any legacy process or platforms and actually help shape how this business grows. Using all your prior experience in a firm that has the resources, talent and experience to get this done.

Sounds good but I have a non-compete

Of course you do. That’s to be expected. As mentioned this is a multi-year project so they are comfortable with waiting for the right person.

How do I get in touch?

You can ping me an email at s.grainger@gslsearch.com or use the link below to book time into my diary.