Algorithm Developer, Hudson River Trading

2024 Grads

$175-250k

Plus bonus. A sign-on and discretionary performance bonus will be provided as part of the total compensation package

Python

C++

NumPy

MatLab

Pandas

Entry level

New York

Automated trading algorithms developer

Job no longer available

Automated trading algorithms developer

1001+ employees

B2BInvestingTradingMachine Learning

Job no longer available

$175-250k

Plus bonus. A sign-on and discretionary performance bonus will be provided as part of the total compensation package

Python

C++

NumPy

MatLab

Pandas

Entry level

New York

1001+ employees

B2BInvestingTradingMachine Learning

Company mission

Hudson River Trading's mission is to bring a scientific and technological approach to financial trading.

Job

Company

Role

Who you are

You are a full-time undergraduate, masters, or PhD student in a quantitative discipline (math, physics, computer science, statistics, or a related program) who is eligible for full-time roles in 2024
Experience programming in Python and/or C++
Experience with statistical analysis, numerical programming, or machine learning in Python, Pandas/Numpy, R, and/or MATLAB
A passion for applying quantitative models and technology toward solving real-world problems
Brilliant analytical and problem-solving skills
Ability to work creatively and independently on long-term technical problems
You are capable of working independently as well as part of a team
You can analyze and fix problems efficiently
You learn quickly and apply new skills effectively

What the job involves

Algorithm Developers 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 provably predictive trading models
You will run models live on our high-performance trading infrastructure and analyze their daily performance to maintain ongoing profitability
Working in close collaboration with fellow Algorithm Developers and Software Engineers, you will research, develop, and test novel order execution and model training methods to increase trading efficiency

Our take

Hudson River Trading is a quantitative trading firm founded by a team of experienced venture capital experts, including computer scientists, mathematicians, and software engineers. It aims to bring a more scientific and mathematical approach to trading, operating a computing environment for the research and development of trading algorithms.

HRT's team includes a number of mathematicians, engineers and physicists. This academic approach has paid off, with HRT now having several offices around the world and boasting billions in trading capital. The firm is also a part of the DeFi Pyth network, marking a move towards crypto equity, which gives it access to an even wider range of investors and capital.

Although the trading market is crowded, HRT has proved the value of its code-first approach to trading and hence found a space for itself. HRT now invests in new blockchain companies that share its values. The company continues to innovate, which should provide the path to further success.

Kirsty

Company Specialist at Welcome to the Jungle

Insights

11% employee growth in 12 months

Glassdoor (4.3)

Company

Company benefits

MERIT: Our people are motivated by a culture that promotes hard work and intellect over corporate politics.
MEALS & SNACKS: HRTers enjoy breakfast and lunch together (chef-prepared in NYC, reimbursement or catered options for other offices), healthy snacks, a coffee bar, and a well-stocked beer and wine fridge.
COMFORT: If you come to work dressed up, expect to explain what you’re doing that night for the rest of the day.
FITNESS: On-site cardio and weight room in NYC (fitness reimbursement for other offices), regular yoga classes, and a 7-Minute Workout club.
SOCIAL AT HRT: Our social calendar includes regular happy hours, outings, team dinners, and sports.
PLAY TANK: Unwind at the end of a long day with video games, board games, foosball, or table tennis.
VACATION: Generous paid vacation plus personal days and market holidays (or days in lieu).
HEALTH: Generously subsidized healthcare coverage, vision and company paid dental insurance, paid time off for sick days, paid medical/disability leave, and fully covered access to a mental health counselor, as well as access to the Modern Health platform.
FAMILY TIME: 12-week paid parental leave policy and family friendly events.
EDUCATION: Tuition assistance, professional development, and on-the-job training.

Company HQ

World Trade Center, New York, NY

Leadership

Jason Caroll

(Managing Director)

Previously worked as an Analyst at Tower Research Capital.

Salary benchmarks

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