Quantitative Analyst – Execution Research
SKILLS
FULL DESCRIPTION
Quantitative Analyst – Execution Research
[Employer hidden — view at passion-project.co.uk] is seeking a Quantitative Analyst to join the Execution Research team. This role involves devising automated betting strategies using predictive models and algorithms for market making across sports. The role combines rigorous statistical and mathematical modelling with production engineering. Based in North London with a hybrid arrangement.
About the role
As a member of the Quant Team, you will join an exciting environment predicting outcomes of professional sports on behalf of our clients. In this role, you will join the execution research team and will be focusing on devising automated betting strategies using our predictive models and algorithms used to market make / seed different bookmakers, market exchanges and predictions markets. Market making strategies, liquidity, price, risk, order book, counterparties, market trend, trading signal, optimal time of placing bets will be your topics of research, in both pre-match and in-running trading. The role might also include analysing betting patterns and market behaviour.
Key Responsibilities
- Contribute to identifying promising research directions; ensure research is carried out to the highest standard
- Develop betting and market making strategies for both pre-match and in-play
- Contribute to discussions and efforts to identify weaknesses and potential improvements in existing betting strategies and/or models across all sports
- Support [Employer hidden]' clients in their pricing tasks by developing, maintaining and supporting the mathematical libraries behind our range of tools, models and software that delivers model predictions into production
- Perform statistical analysis of datasets, testing well-defined hypotheses and effectively communicating results to various stakeholders
- Potentially support and lead more junior members of the team
Skills & Experiences
Required
- Either MSc in Statistics or a related field (e.g., Data Science or Mathematics) with 3+ years of relevant experience; or PhD equivalent
- Extensive experience of probabilistic and statistical modelling
- Model diagnostics ability
- Strong programming skills in Python or R
- Write production-quality code
- Demonstrated passion for working in sports betting
- Collaborative team player
- Understands importance of reproducible research and tested code
- Ability to work autonomously
- Good organisation and communication skills
- Ability to work in the UK
Preferred
- Experience in developing and automating market making strategies on betting exchanges/financial markets
- Experience implementing automated trading systems and algorithms
- Good understanding of sports betting markets
- Experience with Bayesian models, state space models, computational statistics
- Experience with machine learning, deep neural networks, reinforcement learning
- Experience working with large datasets
- Knowledge of football or other sports
- Strong software development foundations
- Additional programming languages (C++ or Julia)
- Familiarity with database technologies (SQL, MongoDB, Redis, Postgres)
- Experience with version control, code reviews and merge requests
Benefits
- 30 days holiday plus bank holidays
- In-house chef and masseuse (selected days)
- Team sporting events
- 25% discount on Brentford FC merchandise
- Cycle to work scheme
- Employee Assistance Programme
- Interest-free travel season ticket loan
- Offsite trips
- Pension after 3 months
- Income protection
- Private Medical Insurance after probation
- Life Assurance
- Discretionary annual bonus
[Employer hidden] is a privately-owned company providing statistical research and sports modelling services. Founded in 2004, with employees based in North London. Apply via the link below.