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Quantitative Trader – Options

Quantitative Trader – Options

CompanyOld Mission
LocationChicago, IL, USA
Salary$150000 – $200000
TypeFull-Time
DegreesBachelor’s, Master’s, PhD
Experience LevelJunior, Mid Level

Requirements

  • An undergraduate or an advanced degree in a quantitative field such as computer science, engineering, or one of the hard sciences.
  • 1-4 years of trading experience encompassing algorithmic trading and a strong knowledge of options theory.
  • Proficiency with at least one of the following languages: Python, C++, Java, VBA, Matlab, or Ruby.
  • The ability to work and solve problems as part of a team, often in a high-pressured environment.
  • A strong desire for knowledge and to understand how things work.
  • Proven trustworthiness and performance under the highest ethical standards.

Responsibilities

  • Implement and calibrate systematic market-making strategies that provide liquidity in CME options on futures.
  • Develop pricing models in collaboration with our quantitative research team.
  • Build desk tooling for pricing, risk management, and opportunity identification.
  • Manage a portfolio of fixed income volatility products across different assets with various holding times and liquidity profiles.
  • Analyze macroeconomic indicators, central bank policies, and other factors that influence interest rate volatility surfaces.
  • Manage trading risks by setting appropriate limits and adhering to our risk management policies.
  • Ensure all trading activities comply with regulatory requirements and internal policies.
  • Work closely with other traders, quants and developers.
  • Leverage a sophisticated trading platform to execute desired trades, sourcing available liquidity across multiple exchanges.

Preferred Qualifications

    No preferred qualifications provided.