[Physics opps] Fwd: Fulltime Quantitative Research Opportunity: Process Driven Trading (PDT) on MIT campus

[8-opps@mit.edu]

---------- Forwarded message ----------
From: Eunice Baek <Eunice.Baek at morganstanley.com>
Date: Wed, Oct 14, 2009 at 12:47 AM
Subject: Fulltime Quantitative Research Opportunity:  Process Driven
Trading (PDT) on MIT campus
To: sps-exec at mit.edu


Dear SPS officers:

We would like to invite MIT SPS members to apply for fulltime roles in
quantitative research in Process Driven Trading (PDT), a proprietary
quantitative trading group at Morgan Stanley.

We are accepting resumes through Thursday, October 15.  PDT MIT alumni
will be on-campus to interview on October 23.

Please feel free to distribute the information below to your
colleagues interested in developing a career in quantitative trading.
If you have any questions or requests, don't hesitate to contact me at
the email address below.

Best,
Eunice Baek, Executive Director
Process Driven Trading, Morgan Stanley
1585 Broadway
New York, NY 10036

eunice.baek at morganstanley.com

PDTcareers at morganstanley.com


********************



PDT – PROCESS DRIVEN TRADING, MORGAN STANLEY



RESUME SUBMISSION DEADLINE:  Thursday, October 15

Please submit via MIT Careerbridge online, “PDT Quantitative Research
Associate”, id 5145, or directly to PDTcareers at morganstanley.com



PRE-INTERVIEW INFO SESSION: Thursday, October 22

Time:  7:00 PM to 8:30 PM

Room Number:  1-150

Refreshments served



ON-CAMPUS INTERVIEWS: Friday, October 23

MIT Career Development Center





OPPORTUNITY:

Process Driven Trading (PDT), founded by Peter Muller in 1993 as
Morgan Stanley's quantitative proprietary trading group, is hiring new
or recent PhD graduates to work with senior researchers on small,
collaborative teams to help create proprietary quantitative trading
models and strategies.





GROUP DESCRIPTION:

Long considered one of the elite quantitative trading outfits in the
world, PDT continues to function as a highly-successful internal hedge
fund, trading the Firm's capital.  Based on the belief that rigorous
scientific investigation can unveil inefficiencies in the financial
markets, PDT develops real-world trading strategies that earn
consistent profits surpassing market returns.



By combining creativity, mathematical finesse, technical
sophistication and teamwork, PDT has established a track record over
the past 15 years reflecting a highly-valuable, robust and healthy
business.



PDT's work environment is the ideal mix of academic collegiality and
real-world intensity, where great ideas and improvements are
recognized and implemented on their merits.  PDT's uncommon culture is
renowned on Wall Street. Intellectually-challenging, collaborative,
friendly and meritocratic, we attract and retain extraordinarily
talented individuals, many of whom have become great friends over the
years.



As part of our long horizon growth focus and investment in the group's
future, we remain committed to the infusion of new talent into PDT.





HIRING:

Smart, creative, tenacious individuals with intellectual integrity and
curiosity, who are interested in joining a talented, collaborative,
team-focused, academic (non-trading floor) environment.



Requirements:

2010 PhD candidates/postdocs in statistics, physics, math, electrical
engineering, computer science, chemistry and other
highly-quantitative/analytical disciplines.



Candidates should exhibit solid mathematical and analytical ability,
exceptional problem-solving and modeling ability, excellent
communication and solid programming skills (Matlab, S Plus/R, and/or
C/C++.)  Experience with large data sets an advantage.



Ideal candidates are entrepreneurial, innovative, focused and
collaborative, with a desire to work on complex, real-world problems
and contribute to a highly-successful team.



Finance knowledge is not required.  Students on F-1, H-1B, and other
visas are welcome to apply.



Please submit resumes to PDTcareers at morganstanley.com



Note: PDT recruits separately from Morgan Stanley.

Morgan Stanley general recruitment information is available
http://morganstanley.com/careers