Senior Quantitative Researcher — Market Microstructure

Anemoi is hiring a fully remote Senior Quantitative Researcher — Market Microstructure based in the San Diego, CA area to research intraday price formation, liquidity, and execution behavior across U.S. equities. The opening is designed for Pacific Time coverage of late-session liquidity and post-close validation.

Base salary: $210,000–$285,000 USD, based on experience
Work arrangement: Fully remote; applicants must be based in the San Diego, CA area
Experience: 7+ years
Additional compensation: Performance-bonus and equity eligibility based on role and level

The San Diego, CA position owns the full evidence path from event-time data design through production review of market-microstructure measures. Its working schedule covers Pacific Time coverage of late-session liquidity and post-close validation. You will work with a small group of specialists and preserve enough evidence for another person to challenge every material decision.

The San Diego opening emphasizes careful West Coast review and complete handoffs for the next trading day. This opening concentrates on the later part of the U.S. session, when liquidity can change quickly around the close. It also reviews after-hours results and system behavior before the next day begins. Written handoffs must separate completed work, active risk, and research questions that do not require an immediate trading response.

For this role, that means direct ownership of event-time data quality, liquidity diagnostics, and intraday research review during Pacific Time coverage of late-session liquidity and post-close validation.

The San Diego, CA opening begins with an end-to-end review of event-time data quality, liquidity diagnostics, and intraday research review during Pacific Time coverage of late-session liquidity and post-close validation. The review will keep research observations separate from live production decisions. Your initial work includes this task:
Design studies of spreads, depth, impact, auction behavior, and short-horizon price response. It also includes this task:
Build event-time datasets without look-ahead or survivorship bias. The San Diego opening emphasizes careful West Coast review and complete handoffs for the next trading day. The review must preserve the timing and source of each important input. The review closes only after another specialist can reproduce the key checks and identify the evidence behind the outcome for the full evidence path from event-time data design through production review of market-microstructure measures.

• Design studies of spreads, depth, impact, auction behavior, and short-horizon price response
• Build event-time datasets without look-ahead or survivorship bias
• Partner with engineering to product ionize validated measures
• Document assumptions, failure modes, and regime sensitivity
• Own event-time data quality, liquidity diagnostics, and intraday research review during Pacific Time coverage of late-session liquidity and post-close validation.

• Advanced degree in a quantitative field or an equivalent research record
• Strong Python, SQL, statistics, and market-data experience
• Evidence of rigorous empirical research in electronic markets

• Experience with order-book data, auctions, or transaction-cost models
• A record of explaining noisy microstructure evidence without overstating conclusions
• Experience collaborating across time zones while maintaining the operating coverage assigned to the San Diego, CA opening.

• Medical, dental, and vision plan options with substantial company support
• 401(k) plan with company matching
• Flexible paid time off and company holidays
• Paid parental and caregiver leave
• Annual learning, conference, and professional-development budget
• Remote-work equipment and home-office support
• Performance-bonus and equity eligibility based on role and level

Benefits are subject to plan terms and eligibility requirements.

Anemoi provides equal employment opportunities without regard to race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, gender identity, or any other status protected by applicable law.