Scm
Quantitative Researcher - Portfolio Optimization - Jersey City, NJ
Jersey City, NJ
Apply through hirly
hirly scores this role against your resume, shows its reasoning, then writes a resume and cover letter for it and fills the application with you. Free to start — no card required.
hirly's read of this role
- Seniority
- Mid level
- Stated salary
- $150,000 per year
- Country
- US
- Work mode
- On-site / unstated
- First seen by hirly
- 2 Sept 2026
Derived automatically from the posting. Sign up to see how the role scores against your own resume.
the posting
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.
Is this role actually a fit for you?
hirly answers with a score and its reasoning, then writes the resume and cover letter if you decide to go for it.
Score it against my resume