ID Power Algo Trader – AAL/CPH/SG
Balyasny Asset Management L.P.
ROLE OVERVIEW
We are currently looking for a technically strong, analytically rigorous trader with deep experience in continuous markets and real-time modelling. This pivotal role calls for a seasoned professional who combines strong trading intuition with advanced statistical and programming capabilities, and who can translate ambiguous problems into structured models that drive PnL.
As a key member of our team, you will have the opportunity to contribute directly to the performance and evolution of our intraday power trading activities. This position requires analytical depth, strong decision-making under uncertainty, and a deep understanding of market structure, pricing mechanics, and liquidity dynamics. You must be comfortable operating in real-time environments, adapting to shifting market conditions, and continuously improving models and systems to enhance predictive accuracy and trading outcomes. Collaboration is central to success in this role; therefore, the ability to work seamlessly across trading and engineering teams is essential to optimizing strategies, improving infrastructure, and scaling automated decision-making.
KEY RESPONSIBILITIES
- Develop fair value models for intraday power markets
- Implement algorithms to integrate models with market dynamics to inform trading strategy
- Compile high-quality datasets to integrate fundamental and real-time market data
- Monitor and adjust model parameters in response to shifting market conditions, liquidity regimes, or evolving trading situations
- Identify model limitations, edge cases, and structural risks, and proactively address them
- Collaborate with engineering to optimize operations, enhance infrastructure, and scale automated decision-making
QUALIFICATIONS AND REQUIREMENTS
- Master’s degree in Mathematics, Economics, Engineering, or a related field, possession of a PhD will be considered an advantage.
- A minimum of 3 years' experience is required
- Extensive experience with continuous trading, whether in prediction markets, betting platforms, crypto, or traditional markets
- Expertise in predictive modelling and machine learning, with a focus on time-series analysis.
- Ability to articulate model assumptions, and real-world edge cases.
- Proficiency in Python and SQL, with deep working knowledge of the data and machine learning ecosystem.
- Experience in a statically typed programming language is a plus
- Fluency in English is required. Knowledge of additional languages will be viewed favourably.
WHAT WE OFFER
- Competitive compensation, inclusive of performance-based bonuses.
- Comprehensive benefits package.
- Pathways for professional growth and career development.
- A dynamic and supportive work environment where innovation and creativity are encouraged.
- Opportunity to be part of building a great business where your efforts are recognized and valued.
Thank you for your interest in Balyasny. Please understand that we have a large volume of applicants and regrettably cannot reply to each one, if your profile is suitable we will reach out.