Company

Alphataraxia Management (ATX) is a fast-growing quantitative investment management group with offices in both Washington, DC and Newport Beach, CA. We specialize in wholesale electricity markets, where extreme volatility is the norm and the marketplace is constantly evolving, presenting new opportunities for growth and insight. We are currently one of the top participants in the power markets and are looking for hard-working candidates with genuine enthusiasm for solving complex problems to join our collaborative and high-caliber team.


Job description

We are hiring a Data Engineer to join our team! You will excel in this role if you are an analytically minded person, with a penchant for problem solving, understanding data ecosystems, and building systems that can help expedite complex analysis and guide us to solve challenging problems in today's power markets.

This job will be a great fit for you if you enjoy scoping, visualizing, and analyzing data as well as building tools and models that enable our firm's investment decisions. This position is primarily responsible for building the data infrastructure necessary for investment transactions in both new and existing spaces. This role requires quantitative analysis of new and existing data streams, as you make recommendations to the firm on longer term tool buildout and work closely with investment analysts to keep the data flowing needed to process short term investment decisions.

At Alphataraxia, we leverage our data ecosystem to transact on the best data available. As a Data Engineer, your work in building out critical data infrastructure and advancing our data capabilities will be central to our investment process. You will work alongside our investment teams to develop the systems and processes to extract, clean, and store the millions of rows of information that will ultimately advise our trading efforts.

Applicant requirements

  • An ability to grapple with quantitative concepts and systems, as this role interfaces with largely technical and quantitative peers
  • Comfort working both individually as well as collaboratively, at times in a fast-paced and dynamic environment
  • Willingness to dive deeply into the details of a problem and fix necessary issues
  • Either a strong academic record with highly quantitative classes for recent graduates or quantitative job experience
  • Coding experience: exposure to computer science projects, highly technical coursework, or work experience
  • Genuine enthusiasm for solving complex problems
  • Excellent communication skills and team focused mentality

Nice-to-haves

  • We prize the ability and interest in learning more than knowledge of a specific programming language. Therefore, we list some programming languages we use below, which may help you hit the ground running when you join us:
    • Python, PHP, SQL experience is a plus, but not required
    • React, jQuery, or other JavaScript and HTML experience useful
  • An interest to learn about energy and electricity markets though no prior power market experience is required


Responsibilities in this role include

  • Building out proprietary systems that are the backbone of our business in trading speculative wholesale power contracts and hedging out risk in our existing portfolios
  • Defining goals for data management and strategizing how to use data resources most effectively
  • Design, build, and maintain critical tools and processes used to transact in energy markets
  • Ensure robust data handling data of new and existing resources
    Collaborate closely with Power Market Analysts and Investment Analysts on your team to deliver needed tools and improve existing infrastructure
  • Collaborate with Data Engineers from other teams to ensure firm-wide continuity and efficiency
  • Note: if you are incredibly interested in the financial transactions side of this role, see our Power Market Analyst position

A little more about us

  • We play with vast amounts of data and turn our findings into actionable trading decisions.
  • We try to explain how things work both fundamentally and quantitatively.
  • We build all our own proprietary tools, enabling us to prototype, iterate quickly, and pivot when necessary.
  • We automate as many redundant processes as possible to maximize time spent on analysis.
  • We move quickly with minimal bureaucracy and a high level of ownership.
  • We have a team-first mindset, and focus on developing our team members.
  • We believe strongly in the value of maintaining a variety of perspectives and experiences within our team.
  • We work in a collaborative, casual environment, yet also expect high throughput from each member of our team.
  • We pride ourselves on our openness, transparency, and horizontal structure--across the firm, we all work closely together to tackle difficult problems.

Benefits

We strive to offer best-in-class compensation and benefits alongside an unrivaled work-life balance.

  • $100,000 annual salary
  • Annual discretionary bonus / signing bonus
  • 19 paid vacation days + 7 paid federal holidays
  • Excellent health, dental, and vision insurance (including HSA option) with no monthly premiums for best-in-class platinum individual plan
  • 401k match -- 100% company matching on the first 4% of deferrals with immediate vesting
  • Annual firmwide weeklong summit
  • Hybrid remote work environment -- most of the year we are in the office Tuesday to Thursday with remote flexibility Monday and Friday
  • Flexible remote work months -- fully remote option for the month of July and between Thanksgiving and New Years
  • Casual environment (informal attire)
  • Snacks and unlimited coffee in the office
  • Firm sponsored social events including happy hours, lunches, book club, and more!

Application

We want to find the right people for the right seats. If you could see yourself excelling in this position, we encourage you to apply.

Please also submit any undergraduate and graduate transcripts.

We will read all Cover Letters submitted, but they are not required. Please email careers [@] alphataraxia.com with optional Cover Letters, any additional materials, or questions.

Please note that we can only extend offers to students that are authorized to work in the US; we are unable to sponsor OPT or H-1B applications.