Quant Trader

Location
Chicago, USA
Salary
.
Posted
May 08, 2022
Closes
Jun 07, 2022
Ref
14016507
Job Function
Hedge Funds
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
JOB DESCRIPTION

We help the world price and manage risk. We pride ourselves on our strong values, our entrepreneurial spirit, and our commitment to doing the right thing. Our culture is highly collaborative across traders, quants, technologists and development teams who work together to solve the toughest problems our markets have to offer. We strive to make a positive impact on our industry, the lives of our employees, and the communities to which we belong.

THE ROLE

We are seeking an experienced Quantitative Trader to join one of our highly profitable options market-making desks. Our trading teams require individuals that can marry trading intuition, quantitative research and technical acumen in order to capitalize on short and medium-term opportunities in volatility market making. This role offers an outstanding opportunity in leadership, strategy development and risk management in a team trading environment where collaboration and continuous improvement are greatly rewarded.

WHAT YOU'LL DO
  • Build on your previous research and trading experience to drive the profitability of a highly electronic trading operation.
  • Drive a rapid innovation cycle that produces demonstrable wins through the feedback loops of quantitative research/analysis, trading, post-trade analysis, and iterative workflows.
  • Conduct research and experiments to improve existing strategies and deploy new strategies that monetize opportunities in a constantly evolving market environment.
  • Build data-based tools and workflows to further systematize our approach to trading and risk management.
  • Apply quantitative research and modeling to solve core problems in order to set us up for flexibility and innovation in the medium to longer term.
  • Learn from an experienced team with a diverse knowledge base across trading, quant, and technology


WHAT WE'RE LOOKING FOR
  • Quantitative trading knowledge and intuition within the derivatives industry
  • Strong analytical problem-solving skills including a solid foundation of statistics knowledge
  • Proficiency in Python and ability to use SQL; able to use these skills to manipulate large datasets and build lightweight tools for analysis
  • Familiarity with market microstructure on various CFTC and SEC trading exchanges
  • A desire to operate as part of a team of smart, highly driven peers, commensurate with our culture
  • Ability to learn from mistakes and continuously improve
  • Excellent communication skills with the ability to collaborate across all the disciplines in the firm


OUR BENEFITS

We strongly believe in the well-being of our employees and their families, so we offer outstanding benefits to support you both professionally and personally. These benefits include generous medical coverage, paid parental leave, free breakfast and lunch (plus healthy snacks, of course), wellness reimbursement, quarterly recharge days, and a variety of other benefits focused on providing the best employee experience.