Algorithmic Trader

Eagle Seven; Chicago (IL); On-site; USD 125,000 - 225,000; Full time

Job summary

Eagle Seven is seeking an experienced Algorithmic Trader to manage trading desk operations for futures contracts. The role involves operating algorithmic trading strategies, monitoring activities, and collaborating with various teams to enhance trading performance. Candidates should have a strong mathematical background and trading experience, and will benefit from an attractive compensation package.

Benefits

Medical PPO and HMO coverage through BlueCross BlueShield

401k Retirement Savings Plan with Employer Match

Paid Time Off

Complimentary Lunch and Beverages

Qualifications

• 4-6 years’ experience trading financial products (e.g., options, futures).
• Demonstrated strong work ethic and team player.
• Ability to manage multiple tasks in a fast-paced environment.

Responsibilities

• Operate grey and black box algorithmic trading strategies.
• Monitor trading activity and positions consistently.
• Apply expertise in market microstructure and quantitative modeling.

Skills

Analytical skills

Quantitative skills

Strong math skills

Experience with Python

Organizational skills

Attention to detail

Communication skills

Ability to work independently

Education

Bachelor's degree in statistics, mathematics, engineering, business/finance, or related field

Job description

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Join to apply for the Algorithmic Trader role at Eagle Seven

Eagle Seven is seeking an experienced Algorithmic Trader to trade futures contract listed on Eurex, ICE, and CME. The trader, along with the Head of the Desk, will be responsible for managing all aspects of trading desk operations. The right candidate will have a passion for capital markets, work well in a collaborative team setting, and be a motivated self-starter.

Primary Responsibilities Include

Operating grey and black box algorithmic trading strategies in accordance with the trading desk’s objectives

Monitoring of trading activity and positions consistently throughout the shift

Performing research and post trade analysis using the firm’s research tools on a variety of algorithmic trading strategies to improve profitability of existing models

Applying expertise in market microstructure, historical tick data, and quantitative modeling to conduct research and develop new sources of alpha

Working closely with strategy developers to collaborate, propose, and test certain strategy specific code changes related to execution, pricing, and risk management

Communicating with risk managers and internal technology groups regarding production issues

Building and maintaining quantitative modeling tools and analytics

Working with back office to solve for trade breaks, position & activity reconciliation exceptions

Requirements

Skills and Experience:

Bachelor’s degree in statistics, mathematics, engineering, business/finance, or related field

4-6 years’ experience trading financial products (e.g options, futures)

Strong analytical, quantitative, and math skills

Experience with Python

Ability to work independently and successfully manage multiple tasks in a complex and fast-paced environment

Strong organizational skills and attention to detail

Excellent written and verbal communication skills

Demonstrated strong work ethic and team player focused on contributing to the success of the trading desk

Benefits

Eagle Seven offers a competitive and comprehensive benefits package to all full-time employees.

Medical PPO and HMO coverage through BlueCross BlueShield

Company Contributions to a Health Savings Account (with enrollment into a High Deductible Health Plan)

Dental coverage through Principal

Vision coverage through VSP

401k Retirement Savings Plan with Employer Match

Company Paid Life Insurance

Company Paid Disability Insurance

Paid Time Off

Flexible Spending Account

Pre-tax Transit Benefits

Complimentary Lunch and Beverages

Access to Renovated Building Gym and Bike Room

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Contract

Job function

• Job function

  Finance and Sales

• Industries

  Capital Markets

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