Discover your dream Career
For Recruiters

Hedge fund hiring from fintech and relocating JPMorgan quants

Is this the year hedge funds take notice of fintech? First DE Shaw hired a fintech product manager in Singapore, now quant fund Qube Research & Technologies has hired from a fintech too. 

Qube recruited Ben Nicholas as a quantitative technologist from trading infrastructure fintech FlexTrade. He was a technical analyst at his previous employer, which specializes in algorithmic trading execution across equities and FX, which probably helped. 

Qube also seems to be hiring more broadly. Natural gas and power trader Jonathan McDermott joins as a quant trading director, having previously been a northeast power trading VP at JPMorgan. He's moving from Texas, where he worked at the bank for just under a year. He also spent almost seven years as a VP at Morgan Stanley.

Qube currently has 21 open roles in London, including 2024 internships in quantiative research and development. It's also hiring a junior Python quant in the commodities team, likely working with McDermott. 

The semi-trend of fintech people moving to hedge funds is a possible reflection of fintech's fading lustre. Last year, it was all the rage. This year, hedge funds are far more shiny. An almost symbolic manifestation of that is the growing number of Stripe alumni at Citadel. The hedge fund added engineers David Zhao and Moe Chaieb in February, for example.

Click here to create a profile on eFinancialCareers and make yourself visible to recruiters hiring for top jobs in technology and finance. To stay informed, Sign up here to get Morning Coffee in your inbox or sign up to our new Fintech Newsletter

Have a confidential story, tip, or comment you’d like to share? Contact: +44 7537 182250 (SMS, Whatsapp or voicemail). Telegram: @SarahButcher. Click here to fill in our anonymous form, or email editortips@efinancialcareers.com. Signal also available.

Bear with us if you leave a comment at the bottom of this article: all our comments are moderated by human beings. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. Eventually it will – unless it’s offensive or libelous (in which case it won’t.)

author-card-avatar
AUTHORAlex McMurray Reporter

Sign up to Morning Coffee!

Coffee mug

The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits.

Boost your career

Find thousands of job opportunities by signing up to eFinancialCareers today.
Recommended Articles
Recommended Jobs
Options Group
Quantitative Researcher
Options Group
Singapore
Deutsche Bank
Trader - Vice President
Deutsche Bank
New York, United States
Deutsche Bank
Senior Risk Manager
Deutsche Bank
London, United Kingdom
Carisbrook Partners
G10 STIR FX Trader
Carisbrook Partners
London, United Kingdom

Sign up to Morning Coffee!

Coffee mug

The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits.