Overview

Easton Consulting Technologies is a distinguished consulting firm that offers comprehensive business solutions to entities operating in the simulated trading industry. Our areas of expertise encompass a broad spectrum of business functions, inclusive of strategy formulation, product development, financial management, operational efficiency, customer support, technological integration, and regulatory compliance, among others. Leveraging our extensive industry experience and robust network, we are committed to providing exceptional partnerships to our clientele, thereby facilitating their business success from inception to completion.

We are seeking a highly skilled and innovative Data Scientist to join our dynamic team, where you will play a pivotal role in leveraging our proprietary database of customer trades to develop systematic proprietary trading strategies. In addition to strategy development, you will also be responsible for creating systematic market-risk hedging strategies. This role requires expertise in quantitative analysis, data modeling, machine learning, a deep understanding of financial markets, and a proven track record of building successful quantitative trading strategies.

Responsibilities

The Data Scientist will play a key role in the construction and optimization of systematic/ algorithmic trading and hedging strategies. The successful candidate will work closely with the Head of Trading, in the design, testing and optimization process.

Detailed Individual Responsibilities

Data Collection and Cleaning:

Acquire and preprocess financial data from various sources, including market feeds, historical databases, and economic indicators.
Ensure data accuracy, consistency, and completeness through data cleaning and validation processes.

Data Analysis and Visualization:

Leverage our extensive proprietary database of customer trades to identify actionable insights, trends, patterns, and correlations relevant to investment strategies.
Analyze and preprocess this data to create features and input variables for trading strategy development.
Create insightful visualizations and reports to communicate findings to stakeholders.

Strategy Development:

Identify opportunities to monetize the insights and trading strategies developed from the customer trading data.
Develop and optimize quantitative trading and hedging strategies using statistical modeling, machine learning, and data-driven techniques.
Collaborate with the Trading team to design, test, and refine trading and hedging strategies.
Document all aspects of trading strategies, including methodology, code, and results.

Backtesting and Simulation:

Conduct thorough backtesting and simulation studies to assess the performance and robustness of trading strategies.
Perform testing, quality assurance, and post-implementation reviews
Continuously refine and adapt strategies based on real-world testing results.

Research and Innovation:

Stay updated with the latest trends and research in quantitative finance and algorithmic trading.
Research and propose innovative approaches to enhance investment strategies.

Qualifications & Skills

Required Qualifications

A bachelor's degree in a quantitative field such as mathematics, statistics, computer science, finance, or economics. A master's or Ph.D. is preferred.
3+ years specific experience in developing quantitative trading strategies, and a proven track record of building successful strategies.
Strong programming skills in Python, with expertise in quantitative analysis, quantitative modeling, statistical analysis, data modeling and machine learning.
Profound knowledge of foreign exchange market and broader financial markets, as well as investment theory, and algorithmic trading strategies.
Demonstrated unwavering integrity at all times.

Desired Skills/Qualifications

5+ years of relevant professional experience in trading, quantitative investment risk, systematic trading, investment management, or investment banking.
Excellent problem-solving skills, attention to detail, and the ability to work in a fast-paced environment.
Strong communication and collaboration skills to work effectively with cross-functional teams.
Proficiency in using trading platforms and electronic trading systems.
Familiarity with risk management techniques and financial regulations.
Familiarity with market-risk hedging strategies and options trading is a plus.

Rate & Benefits

Level:Associate

At Easton Tech, we offer a structured career progression with distinct levels, each representing increasing responsibility and expertise. Our levels are as follows: Analyst, Associate, Director, Vice President and Executive.

Location: Remote, US-Based

Start Date: Immediately

Schedule: Our core salaried team is online 8 am - 5pm EST with a 1-hour lunch break.

Compensation

The salary range for this position is $100,000 - $125,000. Additionally, US-based W2 employees are eligible for an annual discretionary bonus and benefits, including health care and PTO. Easton Consulting Technologies operates a pay-for-performance compensation philosophy, and your total compensation may vary based on role, location, department, and individual performance.

Paid Time Off

PTO: 15 Days - Accrued per pay period

Personal Days: 5 Days - Accrued per pay period

Sick Days: 8 Days - Accrued per pay period

10 Federal Holidays

New Years Day
Martin Luther King, Jr. Day
President's Day
Memorial Day
Juneteenth
Independence Day
Labor Day
Veterans Day
Thanksgiving Day
Christmas Day
Birthday - a paid day off to celebrate your birthday!

Salary range for candidates who are residents of the State of New York

New York Candidates

$100,000—$125,000 USD

Salary range for candidates who are residents of the State of Colorado

Colorado Candidates

$100,000—$125,000 USD

Salary range for candidates who are residents of the State of Washington

Washington Candidates

$100,000—$125,000 USD

Salary range for candidates who are residents of the State of California

California Candidates

$100,000—$125,000 USD

Salary range for candidates who are residents of the State of Illinois

Illinois Candidates

$100,000—$125,000 USD

Salary range for candidates who are residents of other states in the US or no-US citizens

Other Candidates

$100,000—$125,000 USD