At ThetaRay, our purpose is to make the world a safer place by protecting the integrity of the global financial system.
We do this by putting AI at the core of both our technology and our way of working. Our AI-driven solutions help banks and fintech companies worldwide detect and stop serious financial crime, from human trafficking and terrorist financing to sophisticated money laundering, while advanced technology, automation, and AI-driven tools help our teams collaborate smarter, move faster, and continuously improve how we build, deliver, and innovate.
About the role:
We are looking for an Algorithm Researcher to turn expertise, initiative, and bold thinking into real impact on the next generation of AI-driven financial crime detection.
If you combine strong mathematical and research capabilities with advanced AI expertise, and if you are motivated by turning complex theoretical concepts into scalable, production-ready algorithms that solve real-world financial crime challenges, ThetaRay could be your next challenge.
Responsibilities:
- Designing and developing advanced algorithms for complex financial crime detection challenges
- Translating mathematical models and research concepts into scalable production systems
- Building and optimizing ML and LLM-based solutions for real-world deployment
- Working with transformers, attention mechanisms, sequence modeling, and representation learning
- Developing solutions using RAG, embedding models, vector databases, and generative AI evaluation frameworks
- Designing AI agents, tool-using LLM architectures, and autonomous decision-making pipelines
- Improving model accuracy, robustness, explainability, and inference efficiency
- Collaborating with engineers, data scientists, and domain experts to bring research into production
- MSc or PhD in Physics, Applied Mathematics, Computational Mathematics, Statistics, or a related quantitative field
- 3+ years of experience in algorithm development, quantitative research, or advanced AI roles
- Strong background in linear algebra, probability theory, stochastic processes, optimization, numerical methods, and statistical modeling
- Proven experience turning mathematical concepts into robust algorithms
- Deep understanding of modern deep learning architectures, including transformers, attention mechanisms, sequence modeling, and representation learning
- Hands-on experience with PyTorch or TensorFlow
- Experience building, fine-tuning, optimizing, or deploying LLMs
- Familiarity with RAG, embedding models, vector databases, prompt engineering, and evaluation frameworks for generative AI
- Expert-level Python skills, including NumPy, SciPy, and Pandas
- Strong understanding of algorithm design, complexity analysis, data structures, and large-scale data processing
- Experience building AI-based systems in production
- Strong communication skills and the ability to explain complex concepts to both technical and business stakeholders
Advantages:
- Background in signal processing, dynamical systems, or computational physics
- Experience with graph algorithms, anomaly detection, risk modeling, or information retrieval
- Experience with model optimization, quantization, or distillation
- Proven publication record
Why Join Us?
- Role Impact - As an Algorithm Researcher, you will turn advanced research, mathematics, and AI into production-ready capabilities that directly strengthen ThetaRay’s ability to detect complex financial crime patterns at global scale.
- AI & Technology - Join a company where AI-driven technology, advanced data, automation, and modern tools are part of how we build, operate, and innovate across every team.
- Growth & Impact - Grow personally and professionally in a global scale-up where you can take real ownership, solve meaningful challenges, make a visible impact, and help shape the future of our technology.
- Make the World a Safer Place - Contribute to a mission that helps financial institutions stop serious financial crime and protect the integrity of the global financial system.
Skills Required
- MSc or PhD in Physics, Applied Mathematics, Computational Mathematics, Statistics, or a related quantitative field
- 3+ years of experience in algorithm development, quantitative research, or advanced AI roles
- Strong background in linear algebra, probability theory, stochastic processes, optimization, numerical methods, and statistical modeling
- Hands-on experience with PyTorch or TensorFlow
- Expert-level Python skills, including NumPy, SciPy, and Pandas
What We Do
At ThetaRay, we believe that banks no longer have to de-risk when they can expand their cross-border ecosystem safely. ThetaRay is the developer of SONAR, a groundbreaking, AI-powered, transaction-monitoring SaaS solution for cross-border payments that allows banks to expand their business opportunities by achieving safe and reliable cross-border payment monitorisation. ThetaRay's technology is the only packaged SaaS offering that analyzes SWIFT traffic, risk indicators, and client/payer/payee data to detect anomalies indicating money laundering activity across complex, cross-border transaction paths. It is also one of the only AI-driven AML solutions that can be easily integrated and deployed within days, with minimal implementation required. ThetaRay's solution increases detection capabilities for both supervised and unsupervised data and includes profiling and advanced analytics assessments, all in one platform. Financial organizations that rely on highly heterogeneous and complex ecosystems benefit greatly from ThetaRay's unmatchable low false-positive rates.







