Algorithm Developer (Quant Research & Trading) – 2027 PhDs
Summary
Algorithm Developers at Hudson River Trading build and maintain the statistical and machine-learning models that drive the firm's trading: researching and testing new order-execution and model-training methods, running models live on high-performance infrastructure, and analyzing daily performance. This role targets PhD students eligible for full-time work in 2027.
Hudson River Trading (HRT) is seeking exceptional full-time PhD students to join our Algorithm Development teams in New York, London, and Singapore. Algorithm Developers at HRT are responsible for building and maintaining the models that drive our trading. A typical day involves applying rigorous statistical analysis to vast quantities of market and financial data to produce predictive trading models.
In this role, you will work alongside fellow Algorithm Developers and Software Engineers to research, develop, and test novel order execution and model training methods to increase trading efficiency. This will involve running models live on our high-performance trading infrastructure and analyzing daily performance to maintain ongoing profitability. You can expect to apply your advanced academic research experience and expertise to impactful real world problems in trading across time horizons and machine learning strategies.
Ideal candidates are excited to apply their research expertise to identify new opportunities in worldwide markets, enjoy both self-guided research and collaborating with others to analyze and fix problems efficiently, and are critical thinkers who can learn and implement new skills in a fast-changing environment.
Qualifications
- You are a full-time PhD student in a quantitative discipline (math, physics, computer science, statistics, or a related program) who is eligible for full-time roles in 2027
- Fluency in Python
- Experience with statistical analysis, numerical programming, or machine learning in Python,
- Pandas/Numpy, R, and/or MATLAB
- Brilliant analytical and problem-solving skills
- Ability to work creatively and independently on long-term technical problems
Base salary for US is $300,000. Other locations have similarly locally competitive base salaries. A sign-on and discretionary performance bonus will be provided as part of the total compensation package, in addition to company-paid medical and/or other benefits.
We do not allow multiple applications. Please apply to the ONE role you are most interested in and we will consider you for all open positions when reviewing your application.
Culture
Hudson River Trading (HRT) brings a scientific approach to trading financial products. We have built one of the world's most sophisticated computing environments for research and development. Our researchers are at the forefront of innovation in the world of algorithmic trading.
At HRT we welcome a variety of expertise: mathematics and computer science, physics and engineering, media and tech. We’re a community of self-starters who are motivated by the excitement of being at the cutting edge of automation in every part of our organization—from trading, to business operations, to recruiting and beyond. We value openness and transparency, and celebrate great ideas from HRT veterans and new hires alike. At HRT we’re friends and colleagues – whether we are sharing a meal, playing the latest board game, or writing elegant code. We embrace a culture of togetherness that extends far beyond the walls of our office.
Feel like you belong at HRT? Our goal is to find the best people and bring them together to do great work in a place where everyone is valued. HRT is proud of our diverse staff; we have offices all over the globe and benefit from our varied and unique perspectives. HRT is an equal opportunity employer; so whoever you are we’d love to get to know you.
You can review our Global Applicant Privacy Notice, which explains how we process applicant information.
Skills
As published by greenhouse · 18 questions
Basics
First Name, Last Name, Email, Phone, Resume/CV, Location
Short answers (6)
- Preferred First Name optional
- We recognize that the options above may not cover all global grading systems. Please feel free to write in your GPA below without conversion, along with the corresponding scale and any other relevant details. optional
- Please represent both completed and in-progress university degrees above. Please also write in your high school/secondary school below.
- GitHub Profile optional
- If yes, what company (or companies) do you have an offer from? optional
- If other, please specify optional
Pick from a list (12)
- What is your overall college/university GPA?
- Please select the corresponding GPA scale:
- Based on your expected graduation date, when is the earliest you are eligible to begin full-time employment at HRT?
- Where did you attend high school/secondary school?
- Please list your current or most recent employer.
- Do you have any upcoming offer deadlines? optional
- When did you first hear about HRT?
- How did you hear about HRT?
- Please select your top preferred HRT office location.
- If you equally prefer two office locations, please indicate the other below: optional
- Will you now, or in the future, require visa sponsorship to legally work in the country specified for this position?
- Reminder that you can only apply for one role. The system will not allow you to apply for more than one. Please ensure that you are applying to the role you are most interested in.