Execution Researcher
Turn market microstructure into measurable edge, and stop the last mile from eating it.
01 — The role
What the job is.
A strategy's theoretical return is decided in the last mile. You will research order placement, venue behaviour and impact, then prove the improvement trade by trade.
02 — Responsibilities
What you would own.
- Research execution algorithms, order placement and venue selection.
- Measure implementation shortfall trade by trade and attribute it to spread, impact and timing.
- Build market impact models that feed back into portfolio construction.
- Work with engineering on how the order stack behaves under stress.
- Run experiments in production, with tight risk limits.
03 — Requirements
Skills, qualifications
and experience.
Skills
- Microstructure theory and empirical methods
- Python; C++ a plus
- Statistics of high-frequency data, including noise and autocorrelation
- Tick data handling at scale
Qualifications
- Empirical work you can walk us through: a paper, a backtest, or a system in production
- A demonstrated ability to measure an effect and show it is not noise
Experience
- Two or more years in execution research, algorithmic trading or microstructure
- Familiarity with at least one major venue or asset class
04 — Compensation
What we pay.
Base salary
$190,000 – $280,000
USD per year, plus annual bonus and equity. The range reflects the
level we are hiring at; the offer depends on experience.
Benefits
- Equity in the firm from the first day
- Medical, dental and vision cover for you and your dependants
- Twenty weeks of parental leave
- Twenty-five days of paid leave, plus public holidays
- A $3,000 annual learning budget, with no approval process
- One day a week for self-directed work
- Visa sponsorship and immigration assistance, including for dependants
- Relocation support: shipping, temporary housing and help settling in
05 — Apply
Tell us what
you got wrong.
A CV, a link or two, and a few short answers. We read every application and reply within five working days.
Applying for Execution Researcher
Application received.
We read every application and reply within five working days. If you have not heard by then, write to careers@laticecapital.com.