Quantitative Researcher – Volatility Statistical Arbitrage / Index Options

Location: Paris

I’m working on an opportunity within a leading quantitative investment firm in Paris for a researcher specialising in alpha generation across volatility and index options.

The role sits within Alpha Research, with a remit to develop research and trading signals that can contribute to the firm's broader investment activity.

This is a genuine systematic research seat. The focus is on finding repeatable patterns in markets, testing them rigorously and developing the strongest ideas into robust, tradeable sources of alpha.

The Opportunity

The research focus includes:

  • Volatility statistical arbitrage

  • Index options

  • Systematic relative-value strategies

  • Implied and realised volatility

  • Volatility surface dynamics

  • Cross-sectional and time-series signals

  • Statistical modelling of options markets

  • Signal construction and validation

  • Large-scale backtesting

  • Transaction costs and implementation

  • Developing new and uncorrelated sources of alpha

The attraction of the role is the breadth of the research remit. You won't simply be maintaining an existing model; the expectation is that you investigate markets, challenge existing assumptions and continually look for new systematic opportunities.

Who I'm Looking For

I'm particularly interested in candidates currently working within quantitative hedge fund.

Strong candidates are likely to have:

  • Experience in statistical arbitrage or systematic alpha research

  • Strong exposure to options and volatility

  • Index-options experience would be particularly relevant

  • Experience developing signals intended for live trading

  • Excellent Python and quantitative research skills

  • Strong statistics, probability and time-series knowledge

  • Experience working with large financial datasets

  • A strong understanding of how research behaves once exposed to real-world costs, liquidity and market conditions

  • MSc or PhD in Mathematics, Statistics, Physics, Computer Science, Engineering or another quantitative discipline

This isn't a traditional derivatives-pricing position.

I'm looking for researchers who are ultimately interested in one question:

Where is the alpha, and can we systematically capture it?

For someone already researching volatility or systematic options strategies, this offers the opportunity to take that expertise into a highly quantitative environment with a broader alpha-research mandate and direct relevance to live investment strategies.

If this sounds like you and you want to apply, please do so directly through this email with a copy of your CV as a Word document: QuantResearch@octaviusfinance.com

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Quantitative Researcher – Index Options / Volatility Stat Arb