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Alpha Researcher

Very High Demand$200K – $600K+
Alpha Researchers focus exclusively on the most valuable part of the quant pipeline: finding signals that predict future returns. This is where creativity meets rigor. You hypothesize why a certain data pattern might predict price movements, then torture-test that hypothesis until you're confident it's real — or discard it ruthlessly if it's not. This role is distinct from general Quant Research in its singular focus on alpha generation. You're not building production systems or managing risk — you're hunting for the elusive statistical edge that makes everything else possible. The best alpha researchers have an almost artistic intuition for where to look, combined with the mathematical discipline to never fool themselves.
8
Core Skills
8
Key Tools
10
Lessons
5
Career Stages

A Day in the Life

You start by reading the latest SSRN and arXiv papers on factor investing. One paper on "attention-based momentum" catches your eye. By 10am, you're building a prototype: computing rolling attention scores from trade frequency data and testing predictive power. The IC is 0.03 — marginal but worth exploring. You run a walk-forward test: the signal decays after 5 days but compounds well with your existing RSI-regime interaction signal. By end of day, you have a combined alpha with IC=0.08 and 14% annual turnover.

Core Skills

1
Alpha Signal Discovery
2
Alternative Data Analysis
3
Signal Decay Analysis
4
Cross-Asset Factor Research
5
Information Coefficient Measurement
6
Turnover Optimization
7
Alpha Combination
8
Regime-Conditional Signals

Tools & Technologies

PythonpandasnumpyXGBoostSHAPAlphalensQuantLibarXiv

Prerequisites

Advanced Statistics
Machine Learning
Financial Theory
Information Theory

Career Progression

Junior Alpha Researcher
Alpha Researcher
Senior Alpha Researcher
Head of Alpha Research
Partner

Curriculum

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