QUANTITATIVE RESEARCH ANALYST - PARIS

Details

• Role: Quantitative Research Analyst - Market Microstructure & Investment Strategies

• Department: Quantitative Research

• Start date: asap

• Location: Paris

About Kepler Cheuvreux

• 1st independent European equity broker

• 1st Equity Research coverage in Continental Europe

• 1st Country Broker and Research (Extel 2026)

• “World’s Best Agency Broker” (Euromoney Markets Awards 2026)

• 15 major financial centres in Europe, the US, and the Middle East

• 700 employees

• 1,600 institutional clients

The Quantitative Research team focuses on European equities, combining expertise in quantitative investing with a deep understanding of equity market microstructure. We address practical investment and trading questions through rigorous, data-driven research, developing innovative indicators and actionable insights for institutional clients.

Your Role & Responsibilities

As part of the Quantitative Research team, you will contribute to the development of quantitative research projects, with a particular focus on equity market microstructure, trading dynamics and systematic investment strategies.

Working closely with Quant analysts and other teams across the group, your main responsibilities will include:

• Market microstructure: Analyse equity trading dynamics, liquidity, price formation, order flows and market impact, using large-scale market and transaction datasets.

• Quantitative investment strategies: Research and develop predictive indicators and systematic investment strategies, combining market microstructure, trading activity and stock characteristics.

• Statistical modelling: Apply advanced statistical methods, machine learning and data science techniques to identify patterns and extract actionable signals from financial data.

• Backtesting and validation: Design robust backtesting frameworks, assess predictive power and strategy performance across different market environments, and ensure methodological soundness.

• Research and production: Contribute to the development, automation and monitoring of quantitative indicators, ensuring data quality, computational efficiency and reliability.

• Research communication: Translate quantitative findings into clear, actionable insights for institutional investors through research publications and presentations.

Your profile & Skills

We are looking for a rigorous, curious and analytical candidate with a strong quantitative background and a genuine interest in financial markets.

Required qualifications:

• Master's degree or engineering degree from a leading university or Grande École, specialising in Applied Mathematics, Statistics, Data Science, Quantitative Finance or a related field.

• Strong mathematical and statistical foundations, including probability, time series analysis and statistical modelling.

• Excellent Python programming skills, with experience handling and analysing large datasets.

• Familiarity with databases (SQL) and git versioning.

• Understanding of financial markets, particularly equity trading mechanisms and/or quantitative investment strategies.

• Strong analytical thinking, scientific rigour and the ability to conduct research independently.

• Good communication skills and the ability to present complex findings clearly.

• Professional proficiency in English.

Additional assets:

• Previous experience in quantitative research, market microstructure, algorithmic trading or systematic investment strategies.

• Experience with high-frequency market data, order-book data or transaction-level datasets.

• Knowledge of optimisation techniques and/or AI.

• Familiarity with financial data providers and market data platforms.

• Experience with Git and collaborative software development.

Recruitment Process

Between 2 and 3 rounds of interviews including technical assessments and discussions on previous research experience.

You will need a flexible and creative approach in order to flourish in our international environment and succeed with our diverse client base. If you possess these qualities and would like to be part of Kepler Cheuvreux’s story, then come and join us!

Regulatory & Compliance Awareness

Candidates are expected to have an appropriate understanding of the regulatory framework applicable to their role and the financial services industry. They should demonstrate strong awareness of relevant conduct, compliance and risk requirements, identify and escalate potential issues, and work constructively with Compliance and other control functions.

They are expected to maintain and develop their regulatory knowledge by participating in training provided by the Group and are encouraged to request additional training where needed.

Please note that Kepler Cheuvreux promotes equal opportunity. All applications will be given due consideration.