Junior Quantitative Researcher

Paragon Trading is a key player in Borsa Istanbul focused on leveraging cutting-edge technology and data-driven strategies to achieve superior market performance. We are seeking a talented Quantitative Researcher to join our dynamic team and contribute to our mission of innovation in trading and market analysis.

Role Overview:

We are looking for a skilled Quantitative Researcher to develop, test, and optimize trading strategies. You will collaborate with our trading team to backtest strategies, conduct in-depth analyses of historical market data, and leverage statistical techniques to uncover actionable insights. The role involves both implementing team-provided strategies and independently designing novel strategies based on market observations and rigorous quantitative methods. Your work will directly contribute to enhancing our trading edge and understanding of market dynamics.

Key Responsibilities:

• Develop and backtest trading strategies, ensuring robustness and accuracy of results.
• Design and implement original trading strategies based on statistical models, market observations, and quantitative techniques.
• Conduct detailed analyses of historical market data and proprietary trading data to identify patterns, inefficiencies, and opportunities.
• Collaborate with traders and other researchers to refine strategies and improve performance.
• Build and maintain tools for data analysis, visualization, and strategy evaluation.
• Stay updated on market trends, statistical methodologies, and advancements in quantitative finance to enhance research processes.
• Present findings and recommendations to the team to inform trading decisions.

Qualifications:

• Strong proficiency in Python, including libraries such as pandas, numpy, scipy, and matplotlib for data analysis and modeling.
• Solid understanding of statistical techniques, time-series analysis, and machine learning methods.
• Strong problem-solving skills and ability to translate complex data into actionable insights.
• Excellent communication skills to collaborate with team members and present findings clearly.
• Self-motivated with a proactive approach to research and strategy development.
• Familiarity with financial markets, instruments, and trading concepts is highly desirable.
• Prior experience in a trading firm or personal trading experience is a plus.