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Director of Alpha Capture (USA) at Trexquant Investment LP

Trexquant Investment LP No longer available

Job Description

We are a global leader in quantitative statistical arbitrage, specializing in developing cutting edge machine learning models and data driven strategies to identify and exploit market inefficiencies. With offices in the U.S., China, and India, our innovative team of researchers, technologists, and finance professionals pushes the boundaries of quantitative finance.

As we continue to expand our research and trading capabilities, we are looking for a dynamic and strategic Director of Alpha Capture to lead our efforts in identifying, sourcing, and integrating alpha generating insights into our trading systems. In this role, you will be responsible for overseeing build out of our sell side external alpha capture business, including technological frameworks, as well as the identification, development, and integration of high quality alpha generating contributors into the firm's trading systems.

Responsibilities
  • Lead the development and execution of the firm's alpha capture strategy, integrating profitable investment signals from external sell side sources.
  • Collaborate with quantitative researchers and data scientists to ensure captured signals align with existing techniques for optimized risk adjusted returns.
  • Oversee the integration of alpha contributors into the firm's platform for real time action on signals.
  • Continuously explore new sources of alpha and work with teams to evaluate, validate, and refine signals for live trading.
  • Monitor alpha signal performance, implementing metrics and adjusting strategies to maintain competitiveness.
  • Foster collaboration across teams, lead innovation by establishing external partnerships, and ensure compliance with risk and regulatory requirements.
Qualifications
  • Bachelor's or Master's degree in Finance, Data Science, Computer Science, Engineering, Quantitative Finance, Mathematics, or related field (PhD is a plus).
  • 5+ years of experience in external alpha capture, including established relationships, understanding of business requirements and process for implementation.
  • Proven track record of developing and implementing alpha capture strategies within a quantitative hedge fund, proprietary trading firm, or similar environment.
  • Extensive experience in the systematic capture, testing, and optimization of alpha signals, including exposure to alternative data sources and machine learning techniques.
  • Deep quantitative and financial knowledge, strong relationship skills, and the ability to drive innovation in a high performance trading environment.
  • Strong understanding of statistical arbitrage strategies, portfolio construction, and risk management principles.
Benefits
  • Competitive salary, plus bonus based on individual and company performance.
  • Collaborative, casual, and friendly work environment while solving the hardest problems in the financial markets.
  • PPO Health, dental and vision insurance premiums fully covered for you and your dependents.
  • Pre Tax Commuter Benefits - making your commute smoother.

Trexquant is an Equal Opportunity Employer

Typical senior pay: $131k for Producers and Directors nationally

National salary averages
Expected senior-level
$131k
Entry
Mid
Senior
Expected
$43k Market range (10th-90th percentile) $199k

Top performers earn significantly more—skill and negotiation matter.

Senior roles pay 119% more than entry—experience is well rewarded.

Strong candidate leverage

Pay is responsive to skills and negotiation. Position yourself as a specialist.

Hiring leverage
Balanced
Wage leverage
Strong
Mobility
Good mobility

Who this leverage applies to

Stronger for: Specialists with niche skills
Weaker for: Generalists

Where to negotiate

Base salary
Sign-on bonus
Title / level
Remote flexibility
Scope & responsibility
Start date / PTO

Likely Possible Unlikely

Watch out for

Wide pay variance: Compensation depends heavily on employer and specialization.

Use competing offers and timing to your advantage.

Does this path compound?

Job Growth →
High churn
Growth, flat pay
🚀 Compound
Growth + pay upside
⚠️ Plateau
Limited growth
Specialize
Experts earn more
Pay Upside →
Expertise pays off

Limited new roles, but specialists earn significantly more.

+5%
10yr growth
A bachelor's degree is typically expected.
Typical: Bachelor's degree

Openings come from turnover, not new growth. Differentiate to advance.

Labor data: BLS 2024