• Head of Risk Management - Hedge Fund, NYC (EM/FI/FX)
• Lead Quant Developer - Prop Firm, UK
• Lead Risk Management - Hedge Fund, NYC (Equities / Commodities)
• Lead Credit Developer - Hedge Fund, Undisclosed location
• Lead Equities Quant - Prop Firm, Chicago
• Senior Database Developer / Report Analyst - Hedge Fund
• High Frequency Developers…
• PM and Quantitative Trading jobs can be discussed on a case by case scenario as there are too many variables to list each job individually (both from a client and a candidates perspective).

Full job specs or descriptions can be given for each job above after an initial conversation.  Email me at mmoye @ smithhanley

NY Times - Jake DeSantis, Letter of Resignation

PS: I apologize for the delay in posts, but I’ve been quite busy. The second reason for the lack of updates is although I have a few articles I would definitely post, I’ve thought better to restrain on certain topics.

Today’s testimony of James Simons. (Video)

and Kenneth Griffin

• Quantitative Analyst, Program Trading (NY) – quantitative equity experience, 1-2 years experience, top school.
• Risk Manager, Long/Short, Global equities (NY) – hands on risk manager to work directly with PMs. Not a person just creating risk reports, but also an alpha oriented approach. Buy-side experience. Quantitative background.
• Risk Manager, Equity Derivatives (NY) – 5+ years experience, strong educational background.
• Senior Developer (NY) – small fund with strong capital commitment is looking for a mid to senior level front office trading systems developer with a background building and supporting high frequency trading systems. C++ or Java.

Previous job recs may or may not be open from past posts. Contact: mmoye @ smithhanley

I have a few of the jobs listed from last post still available, but here is a brief listing of new searches. As usual these are quite brief and I can give more information in conversations.

• PM/Quant Trader (NY and London) – Several opportunistic firms looking for strong PMs. As usual, resumes and conversations will be extremely confidential.

• High Frequency Currency Trader/Strat – NY office of London based firm. Person needs strong enough quant skills to help integrate their strats to existing HF architecture.

• Quantitative Modeler - NY based fund. C++. Interest rate / FX derivatives, 2-6 years experience.
• High Frequency Equities Quant - NY based.  2-3 years, Strong C++.

• Entry Quant – extremely limited spots, but I have a couple. Top Ten Undergraduate School.

• System Administrator/Network Engineer – Unix/Linux based firm. Needs to be extremely strong.

• Senior Software Developer - C++, Fixed Income, 6-10 years experience.

Lastly, some positions are not posted.

Today a few readers let me know my site had been hacked and had a stream of links to Anti-Virus sites above the top header. After a quick Google it turned out to be an easy fix, but it reminded me of my former days of scanning code for a misplaced character or two. Needless to say, although I can still understand code, I think everyone is much better served without mine in use.

Image is from the movie WarGames.

Recent news has said that Stanley Drunkenmiller, owner of Duquesne Capital management, is considering buying a majority stake in the Pittsburgh Steelers. (Stanley Druckenmiller and the Steelers)

I’ve known of Stanley for a while, and have tried to gain them as a client, mainly because they’re in Pittsburgh and I always like trying to help my hometown, but from what I understand they are mainly a fundamental shop.

About Stan: (From Wikipedia)

Stanley Druckenmiller formerly managed money for George Soros, and now dedicates himself to work full time at Duquesne Capital which he founded in 1981. He is married to Dreyfus Corporation (a Mellon Financial Corporation subsidiary) manager Fiona Biggs, niece of former Morgan Stanley global investment strategist Barton Biggs. In 1985, he became a consultant to Dreyfus and lived in New York City two days each week. He moved there full-time when he was named head of the Dreyfus Fund. He was hired by George Soros in 1988 to replace Victor Niederhoffer at Quantum Fund. With an estimated current net worth of around $3.5 billion, he is ranked by Forbes as the 91st-richest person in America. He left Soros in 2000 after taking large losses in technology stocks. Since then he concentrated full time on Duquesne Capital, which has had a very successful track record. He is profiled in the book The New Market Wizards by Jack D. Schwager.

Druckenmiller is also chairman of the board of the renowned Harlem Children’s Zone, a multi-faceted, community-based project that, according to their website available here *[1], “is a pioneering, non-profit, community-based organization that works to enhance the quality of life for the children and families in some of New York City’s most devastated neighborhoods.” Harlem Children’s Zone was founded by Druckenmiller’s college friend and fellow Bowdoin College alum Geoffrey Canada. Stanley & Fiona are also principal sponsors of the New York City AIDS walk.

• Quantitative Analyst (NYC, HF) – 2 years experience, Vol Arb and Equity Derivatives, programming Matlab, Excel/VBA, SQL. Experience with C++ is a plus.

• Quantitative Analyst, Fixed Income (undisclosed) - 5-7 years experience.
  

• Equities PM (NYC or London, Bank) – VP/Dir level, Midcap/Small cap a plus, if in Europe they could build a team.

• Quantitative Analyst (NYC and London, Bank) – Equities, 2-3 exp years in a strats (pref equities), C++ and Java.

• Software Developer (West Coast, Prop Firm) – Extremely strong, primarily a Java shop but will consider extremely strong developers in C++/C#.

• Quantitative Trader (Chicago, Prop Firm) – Long Short Equities, monitor and provide execution, 2-3 experience in development (Java preferred), CS or Quantitative degree.

• Jr. Quant (CT, HF) – Jr. developer with skills to become a quant. developing research systems, back-testing and connectivity, nice to have a supercomputing background.

• Jr. Energy Trader (NYC, HF)

• Assistant / Execution trader (NYC, HF)

• Quantitative Analyst, Energy (CT, HF) – FTR a plus

• Developers (NYC, Bank) – C++ devs for high frequency desk, extremely strong, no finance exp needed.

As usual we have several PM (Quant Trader and Trader) roles open and a few relationships that look selectively on an opportunistic basis. Due to the confidentiality of these roles and our clients, these will not be posted.

For more information I can be reached at mmoye (at) smithhanley or via phone at 212-915-0522.

Here Come the Quants (via: LiveMint.com, Wall Street Journal)

“These seem to be good days for program trading in India.The Securities and Exchange Board of India (Sebi) announced on Thursday that it would allow large institutional investors to buy and sell stocks directly, without any manual intervention by their brokers.” (Read More >>>)

Via Guardian.Co.UK

1. John Paulson, New York, Paulson & Co. $3bn

2. Phil Falcone, New York, Harbinger Capital Partners. $1.5bn-2bn

3. Jim Simons, New York, Renaissance Technologies. $1.5bn-$2bn

4. Steve Cohen, Connecticut, SAC Capital Advisors. $1bn-$1.5bn

5. Ken Griffin, Chicago, Citadel Investment Group. $1bn-$1.5bn

6. Chris Hohn, London, The Children’s Investment Fund. $800m-$900m

7. Noam Gottesman, London, GLG Partners. $700m-$800m

8. Alan Howard, London, Brevan Howard Asset Management. $700m-$800m

9. Pierre Lagrange, London, GLG Partners. $700m-$800m

10. Paul Tudor Jones, Connecticut, Tudor Investment. $600m-$700m

————–

Interesting fact, we cover quite a bit of this list.  - Matt (mmoye smithhanley com)