---
title: 'Quantitative Researcher, PhD at Teza Technologies'
canonical: 'https://feeny.ai/job/quantitative-researcher-phd-teza-technologies-austin-m6dfyyxma5ek'
type: 'job'
last_seen: '2026-09-11'
---

# Quantitative Researcher, PhD at Teza Technologies

- **Company:** Teza Technologies
- **Location:** Austin, TX
- **Employment:** full-time
- **Work type:** onsite
- **Posted:** 2026-07-07
- **Last confirmed live:** 2026-09-11
- **Apply:** https://jobs.ashbyhq.com/teza-technologies/7319556d-40bf-442e-bb78-e658e938a7a3

## Job description

We are looking for exceptional quantitative researchers to develop systematic trading strategies based on market microstructure. This role is focused on extracting predictive signals from high-frequency market data and turning them into robust, scalable trading models. You will explore large datasets, develop new features, test hypotheses, and work closely with researchers and engineers to deploy ideas into production.

Location Austin, TX (5 days in-office requirement)

## Key Responsibilities

- Research predictive signals from market microstructure data.
- Design and evaluate new features using the most granular market data.
- Develop statistical and machine learning models for systematic trading.
- Build robust research infrastructure and analytical tools.
- Work directly with experienced researchers and Portfolio Managers to take ideas from hypothesis to live trading.

## Basic Requirements

- PhD in Mathematics, Statistics, Physics, Computer Science, Electrical Engineering, or a related quantitative discipline.
- Outstanding mathematical and statistical skills.
- Strong programming ability in Python and C++/Java.
- Experience working with quantitative models.
- Curiosity, creativity, and proven academic track record.

## What you’ll get

- On-site presence of experienced Quantitative Researchers and Portfolio Managers to learn from
- Build Strategies while becoming the best at what you do
- Professional guidance from experienced mentors

## Benefits

- Health insurance
- Flexible sick time policy
- Office Lunches

## About Teza Technologies

## Company Overview
- **One-liner**: Teza Technologies is a systematic trading firm that translates complex mathematical concepts into financial strategies across global markets, blending high-performance technology with deep scientific research.
- **Entity Type**: Private (bootstrapped; no external funding rounds disclosed)
- **Headquarters**: Chicago, United States
- **Founded**: 2009
- **Founders**: Dr. Misha Malyshev

## Core Business
- **Primary industry/industries**: Capital Markets / Quantitative Finance / Hedge Funds
- **Target customers**: Institutional investors; the firm operates a multi‑strategy quantitative hedge fund that trades on its own capital (internal money from 2009–2015, later opened to institutional capital).
- **Mission or purpose statement**: “Talent, science, and innovation meet” – the firm aims to be the best team on the financial markets through collaborative research and scientific rigor.

## Products & Services
- **Futures**: Models supply/demand across global commodities, bonds, and currencies using a framework built on market microstructure and economic causality. Strategies are market‑neutral and statistically driven, processing over 500 billion market data packets daily.
- **Equities**: Spans thousands of instruments in U.S. and APAC markets, combining scale with precision. Statistical arbitrage and high‑throughput systems are core.
- **Options**: Expanding into volatility surfaces and correlation models. Volatility‑aware strategies that draw on firm‑wide equities and futures capabilities.
- **Artificial Intelligence**: Deep learning architectures including LLMs and neural networks to uncover hidden signals. Integrated into every stage of the trading lifecycle.
- **Technology Platform**: Low‑latency infrastructure, real‑time execution, scalable research stack. At peak processes 7+ million messages per second.

## Market Standing
- **Valuation/Market Cap**: Not publicly available
- **Key Metric**: Approximately 76 employees (LinkedIn); estimated annual revenue of $10M is reported by some third‑party sources but has not been officially confirmed.
- **Notable Investors/Partners**: The firm is privately held with no disclosed external investors. Key past talent sources include Citadel, Tower Research Capital, Yandex, and Goldman Sachs.
- **Growth Signals**: Headcount grew +16.3% year‑over‑year (LinkedIn); active job postings increased +87.5% year‑over‑year; expanded into Armenia and deepened presence in global equity and options markets; multi‑strategy platform now covers global futures, equities, and options.

## Competitive Advantages
- **Proprietary formula for hiring**: “Success = step(IQ) × step(IT) × step(HR) × exp(Drive)” – filters for fast thinking, technical fluency, collaboration, and ownership. Creates a culture of high‑performing, autonomous teams.
- **Scientific culture**: Flat, open‑door structure with minimal bureaucracy; strong emphasis on R&D and rapid prototyping.
- **Infrastructure scale**: Processes 100+ billion market data packets daily; built one of the fastest low‑latency execution systems.
- **Track record**: Operating since 2009 with deep roots in HFT (historical Sharpe ratios of 10‑20), now diversified across multiple strategies and asset classes.

## Strategic Focus
- **Expansion beyond HFT**: Transitioned from a pure high‑frequency trading shop to a multi‑strategy quantitative hedge fund.
- **Options trading**: Actively building and scaling options strategies using the firm’s equities and futures expertise.
- **AI integration**: Deploying LLMs, neural nets, and machine‑learned alpha across research and trading.
- **Global footprint**: Offices in Chicago, Austin, London, Yerevan, and presence in Colombia, with plans to further expand talent pools globally.

## Why Work Here
- **Culture**: “Scientific, open‑door culture with a flatter structure.” Employees are encouraged to question, experiment, and collaborate across disciplines. No micromanagement, no bureaucracy.
- **Benefits** (U.S.): 401(k) with immediate vesting, two medical plans (PPO and HDHP with HSA), wide range of coverage.
- **Work environment**: 76 person firm with offices in six time zones; hybrid/office‑based depending on role. Most employees write code (C++, Java, Python).
- **Interview process**: Averages 25‑30 days; includes coding tests, live problem‑solving, and non‑technical assessments. Technical topics vary by role. Uses an Automated Employment Decision Tool (AEDT) for skills assessment.
- **Notable engineering culture**: Emphasis on technical fluency across the entire firm (not just developers). Research and engineering teams work tightly together.

## Sources
1. [teza.com](https://www.teza.com/) – Company homepage
2. [teza.com/who-we-are](https://www.teza.com/who-we-are/) – Company story, leadership, values
3. [teza.com/what-we-do](https://www.teza.com/what-we-do/) – Products, technology, AI, strategies
4. [teza.com/careers](https://www.teza.com/careers/) – Careers page, benefits, interview process, culture
5. [linkedin.com/company/teza-technologies](https://www.linkedin.com/company/teza-technologies) – Employee data, headcount growth, job trends, talent sources

## Other roles at Teza Technologies

- [Junior Recruiter, Technology](https://feeny.ai/job/junior-recruiter-technology-teza-technologies-austin-j1jv54wjy27g) — Austin, TX
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- [DevOps Engineer](https://feeny.ai/job/devops-engineer-teza-technologies-yerevan-zc9wr3er3f23) — Yerevan, Armenia
- [Trading Platform Developer](https://feeny.ai/job/trading-platform-developer-teza-technologies-austin-5dvy1pn6whvx) — Austin, TX
- [Stay Connected With Us !](https://feeny.ai/job/stay-connected-with-us-teza-technologies-london-q14yqzf58j2w) — London, United Kingdom
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