CLEG - Analyst, Semi-sys, Event Driven, Merger Arb

Job Detail

Loading

×Sorry to interrupt

CSS Error

Refresh

Skip to Main Content

Balyasny Asset Management HomepageOpen Main Navigation

About UsAbout Us

How We WorkHow We Work

Our StrategiesNews & Insights

CareersCareers

Open Roles

Mid-Level Quant Trader / Researcher / Developer - Merger Arbitrage Pod

ChicagoNew York

Posted Yesterday

Mid-Level Quant Trader / Researcher / Developer - Merger Arbitrage Pod

Location: Chicago

Role Overview:

Join a newly launched Merger Arbitrage pod within a leading $35B multi-manager hedge fund based in Chicago. You will operate as a hybrid quant trader, researcher, and developer, working closely with portfolio managers and teammates to implement, execute, and optimize event-driven trading strategies.

Key Responsibilities:

• Implement and manage event-based and merger arbitrage trading strategies, leveraging both quantitative models and fundamental insights
• Develop, enhance, and maintain trading tools and infrastructure in a collaborative, fast-paced team environment
• Monitor trades, analyze performance, and rapidly troubleshoot issues across the trading stack
• Collaborate with PMs and researchers to translate ideas into systematic strategies
• Over time, take a larger role in researching and developing new alphas, trade ideas, and process improvements

Ideal Candidate:

• 2-5 years of experience in quantitative trading, research, or systematic strategy development (Merger Arb or event-driven preferred)
• Strong programming skills (Python/C++/R or similar) with demonstrated ability to build and support production trading tools
• Excellent communication and team collaboration skills; able to explain complex concepts clearly to PMs, researchers, and stakeholders
• Proven problem solver with high attention to detail and intellectual curiosity
• Degree in a quantitative field (Math, CS, Engineering, Finance, or related)

This is a growth role for a highly motivated quant who enjoys building, learning, and contributing to an entrepreneurial new trading initiative.

With respect to NY, CA, and IL based applicants, the starting base pay range for this role is between USD 175000 and USD 200000 annually. The actual base pay is dependent upon several factors, including, but not limited to, relevant experience, business needs and market demands. This role may also be eligible for bonus compensation and employee benefits.

Apply now

Loading

Job Detail