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My Latest Cover Letter (Part 1)

I recently saw a job listing that really piqued my interest. With the exception of selected words to protect the innocent, the listing reads as follows:

     > KLM implements bleeding edge ML techniques to solve the
     > extremely challenging problems of modeling and predicting
     > financial markets. We build predictive models using propriety [sic]
     > software as well as open source tools, which we use to drive and
     > execute trade decisions. We are seeking an enthusiastic, self-
     > motivated Research Analyst to work collaboratively with data
     > scientists to meet… [our] mission of delivering superior risk-
     > adjusted returns using proprietary modeling techniques. Our
     > Research Analysts are mathematically gifted, intellectually
     > curious, highly analytical and detail oriented.

I do not consider myself gifted. Any accomplishments are due to hard work. That’s it.

     > Minimum Requirements
     >
     > Four-year college degree (or higher) in Math, Science, Engineering,
     > Statistics or other highly quantitative disciplines

IMHO, my doctorate in pharmacy and all the prerequisites should qualify.

     > 0 – 5 year’s work experience in an analytical and quantitative role

Check.

     > Strong Programming abilities. Python, C/C++/C#, Java, SQL a plus

Miss. I have weak (but existent) Python programming skills thus far, but would be very motivated to improve under the tutelage of others.

     > Excellent oral and written communication skills

Check.

     > Ability to demonstrate strong problem-solving skills with an
     > aptitude for numbers and accuracy

I sure hope so.

     > Preferred Skills and Previous Experience
     >
     > Experience with programming and data analysis tools such as MSSQL,
     > Tableau, AWS, GIT and Conda

Miss.

     > Experience working on large data sets with a strong focus on data
     > quality and attention to detail

Check.

     > Able to independently bring projects to successful completion

Check.

     > Highly organized and enthusiastic with a positive attitude

Check.

     > Demonstrated ability to work efficiently in a demanding,
     > team-oriented and fast-paced environment

This described my every single day as a pharmacist, but now I want and believe in a more relaxed environment. The kind of investing I do doesn’t need to be fast-paced and the ideas can flow at least as well when the pressure is off. “Prepare for war in times of peace.”

If they feel I am not worthy for any reason, then I don’t need to be there. I would not be taking this job for the money.

I am highly motivated to learn, and in this vein I could flourish even more in a team environment. I am eager to get the Series 3 license and study the philosophy behind whatever trading style they have found to be successful. With corporate support, I would like to pursue the CFA designation.

Hitting the pause button for just a moment, their mention of ML suggests my investing path may differ markedly from theirs because my early experience with algorithmic trading was not so encouraging. I am willing to work hard for growth, though, especially if they are open to my approach, too.

     > Compensation and Benefits
     >
     > Highly competitive base salary + substantial profit-sharing bonus
     > Highly flexible career path and growth opportunities
     > Health, dental, vision, life, disability insurance
     > Stocked kitchens with breakfast and salad bars as well as snacks and drinks

If only there were an on-site fitness center! My dream would be complete.

I will continue next time.