PDT Partners – a quantitative investment manager – is seeking an intellectually curious, independent, collaborative professional interested in learning about and contributing to a world-class, quantitative trading business to be part of Fund Analytics & Operations. The role provides an opportunity to participate in all aspects of our complex trading operations, to design and execute procedures, as well as to provide analytics and business insights for key management decisions that allow us to grow our strategies.
The Fund Analytics & Operations team contributes to our trading operational alpha by handling trade processing, investigating trade and position breaks, and working with counterparties and internal teams. The team also partakes in new projects, from the launch of new funds to the trading of new products or entering new markets.
Success in this role encompasses different aspects of operations and analytics, from completing and improving our trading operations processes to developing impactful metrics and analyses about the business. It’s a great opportunity to learn about, and meaningfully shape, a vital part of our firm.
Why join us? PDT Partners has a stellar 30+ year track record and a reputation for excellence. Our goal is to be the best quantitative investment manager in the world—measured by the quality of our products, not their size. PDT’s extremely high employee-retention rate speaks for itself. Our people are intellectually exceptional, and our community is close-knit, down-to-earth, and diverse.
Responsibilities:
- Ensure operational excellence by performing core activities as well as reconciling daily trade processing/settlement and positions across various products, regions, and counterparties
- Formulate and deliver analytics and reports for management and various committees that impact the business
- Improve existing procedures and create more efficient ones, often in collaboration with many areas of the firm
- Participate in new launches, trading with new counterparties, and new markets/products
- Manage operational relationships with brokers and fund administrators
- Lead efforts to manage data, visualization tools and analytics
- Prototype new tools to facilitate structuring and analyzing our post-trade-related data in insightful ways
Below is a list of skills and experiences we think are relevant. Even if you don’t think you’re a perfect match, we still encourage you to apply because we are committed to developing our people.
- Demonstrated aptitude for analytical thinking and problem-solving, with intuitive numerical sense
- Proven ability to resolve sophisticated issues and to advance multifaceted projects
- Excellent communication skills, both verbal and written
- Experienced with data management, structure and visualization tools
- Ability to synthesize details to a senior audience
- Skilled in SQL, programming and/or other technical areas
- Knowledge of the trade lifecycle is a plus
- 7+ years of professional experience; interest in finance is a plus
Education:
- Bachelor’s degree in relevant field
The salary range for this role is between $150,000 and $200,000. This range is not inclusive of any potential bonus amounts. Factors that may impact the agreed upon salary within the range for a particular candidate include years of experience, level of education obtained, skill set, and other external factors.
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Top Skills
What We Do
PDT, which stands for Process Driven Trading, was founded by Peter Muller in 1993 as a proprietary trading group within Morgan Stanley. In 2013, after establishing a 19-year track record finding inefficiencies in financial markets, the group spun out of Morgan Stanley to become an independent investment management firm, PDT Partners.
Today we are a leader in the field of quantitative finance, known for our rigorous scientific, systematic, and model-driven approach to investing, with multiple billions in assets under management.
Peter Muller, Founder and CEO, and a small group of managing partners lead around 200 scientists, engineers, and professionals in New York and London.