Senior Quantitative Researcher — Market Microstructure — San Francisco

This San Francisco, CA-based, fully remote Senior Quantitative Researcher — Market Microstructure position will research intraday price formation, liquidity, and execution behavior across U.S. equities. Applicants must live in the local area, which gives the team Pacific Time coverage of late-session behavior, system performance, and research handoffs.

Compensation and Benefits

About the Role

In this San Francisco, CA role, you will be accountable for the full evidence path from event-time data design through production review of market-microstructure measures while supporting Pacific Time coverage of late-session behavior, system performance, and research handoffs. The work requires direct communication, explicit limits, and records that remain useful after market conditions change.

San Francisco Operating Focus

The San Francisco opening emphasizes strong quantitative engineering links and critical review before production change. The work combines quantitative review with production discipline during the final hours of the U.S. session. System behavior, data quality, and market evidence are assessed separately before a change is proposed. After the close, the opening prepares technical findings that Eastern Time colleagues can evaluate before the next market day. 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 behavior, system performance, and research handoffs.

First Review Cycle

During the initial operating review in San Francisco, CA, you will examine event-time data quality, liquidity diagnostics, and intraday research review while the assigned schedule covers Pacific Time coverage of late-session behavior, system performance, and research handoffs. Normal controls remain in force throughout the review. The cycle requires this task: Build event-time datasets without look-ahead or survivorship bias. A separate check covers this task: Partner with engineering to productionize validated measures. The San Francisco opening emphasizes strong quantitative engineering links and critical review before production change. Neither check can rely only on an informal message or market story. Before the review closes, you will state what changed, what did not change, and what needs more evidence. A peer must be able to follow the result back to the full evidence path from event-time data design through production review of market-microstructure measures.

Responsibilities

• 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 productionize 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 behavior, system performance, and research handoffs.

Required Qualifications

• 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

Preferred Qualifications

• 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 Francisco, CA opening.

Benefits

• 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.

How to Apply

Submit a current resume through the application form for the San Francisco, CA opening. A short cover letter is optional. We will contact qualified applicants about the interview process and next steps.

Equal Opportunity

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.