Equity / Index Options Quant Researcher – Top Multi-Strategy Hedge Fund | Paragon Alpha

Equity / Index Options Quant Researcher – Top Multi-Strategy Hedge Fund

Permanent

Research

Seattle

Our client is a globally recognized multi-strategy hedge fund with a proven track record of delivering consistent returns through innovation, rigorous research, and advanced quantitative techniques. The firm fosters a collaborative, high-performance culture and offers world-class resources, cutting-edge data, and technology infrastructure to empower investment professionals.

Recruitment Consultant

Simon Panteli

simon@paragonalpha.com

The fund is seeking an experienced Equity / Index Options Quantitative Researcher to join its Seattle-based team. This is a high-impact role where you will research, design, and implement alpha-generating strategies in the equity and index options space. The ideal candidate will have a strong background in quantitative modeling, statistical research, and derivatives markets, combined with the ability to work closely with Portfolio Managers, Traders, and Technologists in a fast-paced environment.

Key Responsibilities

  • Conduct quantitative research on equity and index options markets to identify trading opportunities.
  • Develop and test systematic strategies using large-scale financial data sets.
  • Design and implement derivatives pricing models, volatility surfaces, and risk analytics.
  • Collaborate with Portfolio Managers and Traders to optimize execution and portfolio construction.
  • Leverage advanced programming skills to enhance research infrastructure and backtesting capabilities.
  • Monitor and refine live strategies to ensure robustness and scalability.

Required Skills & Experience

  • Advanced degree (PhD or MSc) in a quantitative field such as Mathematics, Statistics, Physics, Computer Science, Engineering, or Financial Engineering.
  • 3–7+ years of experience in equity options, index options, or volatility research at a hedge fund, prop trading firm, or investment bank.
  • Strong knowledge of derivatives pricing, options Greeks, stochastic processes, and volatility modeling.
  • Proficiency in programming languages such as Python, C++, or Java, with experience in numerical methods and large-scale data analysis.
  • Demonstrated ability to conduct independent research and translate findings into profitable trading strategies.
  • Excellent communication skills and ability to thrive in a collaborative, team-oriented environment.

What’s on Offer

  • Opportunity to join a top-tier multi-strategy hedge fund with global reach.
  • Competitive compensation package including base salary, performance-based bonus, and benefits.
  • Access to state-of-the-art technology, research infrastructure, and market data.
  • A dynamic, intellectually stimulating environment with clear growth opportunities.
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