Equity Options Quant Researcher - High-Impact Trading

PortalPlayer, Inc.; Chicago (IL); On-site; USD 175,000 - 225,000; Full time

Benefits offered by this job

401(k) and Roth 401(k)

Medical, dental, vision benefits

Generous vacation time

Parental leave

FSA for health care & dependent care

Job summary

Group One Trading is seeking a Quantitative Researcher in the United States with a focus on equity options. You will work with traders and developers to improve pricing and risk models, leveraging Python and SQL to analyze large datasets and test hypotheses.

Within 1–6 months you will progress from understanding current systems to owning research initiatives and implementing measurable improvements in trading performance.

Qualifications

• Experience in quantitative research for equity options.
• Strong knowledge of volatility modeling and option pricing.
• Ability to analyze large datasets and test hypotheses.

Responsibilities

• Develop an understanding of equity options market making and pricing models within 1 month.
• Independently analyze models and trading behavior and test improvements within 3 months.
• Own research initiatives from hypothesis through production implementation within 6 months.

Skills

Quantitative research

Equity options

Volatility modeling

Option pricing

Risk management

Python

SQL

Data analysis

Statistical methods

Independent thinking

Education

Advanced degree in Physics/Mathematics/CS

Tools

Python

SQL

Job description

Group One Trading is seeking a Quantitative Researcher in the United States with a focus on equity options. You will work with traders and developers to improve pricing and risk models, leveraging Python and SQL to analyze large datasets and test hypotheses.

Within 1–6 months you will progress from understanding current systems to owning research initiatives and implementing measurable improvements in trading performance.