Quantitative Researcher - Portfolio Optimization - Jersey City, NJ
Company: Stevens Capital Management LP
Location: Jersey City
Posted on: April 1, 2026
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Job Description:
SCM is committed to a workplace that values and promotes
diversity, inclusion and equal employment opportunity by ensuring
that all employees are valued, heard, engaged and involved at work
and have full opportunities to collaborate, contribute and grow
professionally. Primary Responsibilities: Design and implement
multi-period portfolio optimization frameworks incorporating
transaction costs, slippage, and other market frictions Leverage
MOSEK and other optimization solvers to build scalable and
efficient models Develop and refine intraday trading strategies and
execution algorithms Monitor and analyze model performance in a
live trading environment Requirements: Strong quantitative
background (PhD or Master’s in Applied Math, Operations Research,
Computer Science, or related field) Proven experience with MOSEK or
other optimization frameworks Deep understanding of slippage,
transaction cost modeling, and intraday trading Familiarity with
real-time data processing and execution systems Programming skills
in Python and/or C++ Experience integrating optimization routines
in production trading systems The base pay for this position is
anticipated to be between $150,000 and $300,000 per year. The
anticipated annual base pay range is current as of the time this
job post was generated. This position is eligible for other forms
of compensation and benefits, such as a bonus, health and dental
plans and 401(k) contributions, which includes a discretionary
profit sharing program. An employee's bonus and related
compensation benefits can be a significant portion of total
compensation. Actual compensation for successful candidates will be
carefully determined based on a number of factors, including their
skills, qualifications and experience.
Keywords: Stevens Capital Management LP, Middletown , Quantitative Researcher - Portfolio Optimization - Jersey City, NJ, IT / Software / Systems , Jersey City, Connecticut
