Operations Analyst- Algorithms (Overnight Shift)

Austin, TX or Chicago, IL (In-Office)

Quantiq Partners specializes in high frequency derivatives trading in the largest markets worldwide. Our approach is rigorous and pragmatic, driven by technological expertise and analytics informed by real-world experience. We value employees who love to learn and have the tenacity, curiosity and willpower to contribute to our continuing success.

We are a small but passionate team, dedicated to enhancing and refining our tried and true methods as we commit to our ongoing growth and performance.

Job Description:

As an Operations Analyst- Algorithms (Overnight Shift), you will be responsible for supervising and improving the operational efficiency of our trading algorithms. We measure operational efficiency along two axes: Time in market and risk management. Risk management means taking all necessary precautions to avoid significant losses from algorithm operation. We have many safeguards in place to avoid this but we are always looking to improve.

You will be expected to develop a process to systematize our algorithm operations and also develop corresponding metrics to measure improvement. You will work closely with our trading team to understand the necessary conditions for profitable algorithm operation. Initially there will be many manual steps in the process but you will work with our developers to automate as much of it as possible.

Your work will directly contribute to business profits. The better our operational efficiency, the easier it is to grow into new markets and opportunities.

Note, this is not a Developer or Trader Role. If you are interested in these positions, we encourage you to apply on the careers page of our website.

Job Responsibilities:

-Supervise and monitor algorithm operations in real time

-Provide feedback and advocate for the betterment and optimization of internal programs and systems

-Assist the Research and Technical teams in the conversion of manual processes to automatic systems

-Create and develop policies for invoking escalation protocol

-Track and anticipate the implications of various important dates on the behavior of the algorithms

-Utilize critical thinking to infer appropriate algorithm operating procedures based on announcements, reports, and media influence

-Identify the expected profit variance for each product and understand when to follow algorithm operating procedures

-Support the release of new algorithms through observation and reporting of irregularities

-Manage and gauge various types of risk and establish metrics to measure and limit future risk

Qualifications:

-Capable of thinking abstractly and practically apply ideas

-Strong organizational skills and attention to detail in a fast paced environment

-Ability to communicate effectively and advocate for the team

-Desire to enhance and develop processes, increase efficiency, and further performance

-Experience with tools like Python or Excel for data analysis and automation

Preferred Qualifications:

-An undergraduate or graduate degree in a technical field such as computer science, engineering, mathematics

-Strong proficiency in mathematics, including analytical and problem-solving skills

Apply If:

-You enjoy working nights and have a knack for spotting patterns and optimizing systems

-You’re a critical thinker who loves to solve problems

-You can keep track of tiny details in a very fast-paced environment

-You enjoy advocating for solutions that benefit the team and organization

-You’re comfortable identifying and handling different types of risk

-You enjoy working with numbers and data in a fast paced environment

Application Requirement:

Suppose it is now 4 a.m. in Austin, Texas. Is the SGX contract MYS open for continuous trading (where you can place and cancel orders, and continuous matching occurs)? Please explain.

Attach the file as a PDF in the "Additional Files" section below.