Quantitative analysis · Alpha / Equities

You lead a team of researchers who find patterns in market data that predict share price moves, and turn them into signals the firm's trading systems use. The seat is Lead Alpha Researcher in the Systematic Equities team in London. Alpha is a return above what the market as a whole gives, and an alpha signal is a measurable pattern that predicts a price move for long enough to trade on. Systematic means the trading is done by computer programs following rules, not by people deciding trade by trade. You lead a key part of the European alpha research team, and your work feeds a coordinated global alpha effort across the firm's equities business.

The firm is a market maker. It stands ready to buy and sell shares all day and earns the gap between the two prices. Better predictions of where prices go next mean it quotes smarter and loses less to others who know more, so each signal you ship is measured by whether live trading performance improves.