Fixed Income Quant Trader

Banyak Group; Chicago (IL); On-site; USD 120,000 - 180,000; Full time

Job summary

Banyak Group in Chicago seeks an algorithmic trader to develop and implement new strategies for fixed income and derivatives across equities, commodities, crypto, and fixed income markets. You will build automated trading strategies, enhance internal tools with the technology team, and conduct post-trade analysis to review portfolio performance across strategies.

This role requires strong Python and SQL skills, familiarity with risk management, and the ability to work independently or with a

Qualifications

• Bachelor’s degree in a related field.
• Proven track record detailing profitability of strategies.
• Proficiency in Python, SQL, and statistical modeling.
• Experience in decision-making and risk management.

Responsibilities

• Develop and execute new automated trading strategies including identifying opportunities, testing their validity, and building necessary infrastructure for production.
• Enhance trading operations in collaboration with the technology team by expanding and maintaining internal tools.
• Conduct post-trade analysis and perform portfolio performance reviews across strategies.

Skills

Financial markets

Entrepreneurial mindset

Problem solving

Multitasking

Communication

Education

Bachelor's degree

Advanced degree a plus

Tools

Python

SQL

C++

Java

Statistical modeling

Job description

Prop Trading firm is seeking an algorithmic trader to generate and implement new trading strategies for fixed income and derivatives. The firm trades across various frequencies in equities, commodities, crypto, and fixed income markets.

Responsibilities:

• Develop and execute new automated trading strategies including identifying opportunities, testing their validity, and building necessary infrastructure for production.
• Enhance trading operations in collaboration with the technology team by expanding and maintaining internal tools.
• Conduct post-trade analysis and perform portfolio performance reviews across strategies.

Skills and Competencies:

• A passion for financial markets, a competitive mindset, and an entrepreneurial spirit.
• Strong problem-solving skills, multitasking abilities, and a proactive approach to ownership.
• Comprehensive understanding of trading metrics, environments, and market behavior to make informed decisions.
• Effective communication and the ability to thrive in an individual or team-oriented environment.

Qualifications:

• Bachelor’s degree in a related field; advanced degrees are a plus.
• A proven track record to detail the profitability of your strategies.
• Proficiency in Python, SQL, and statistical modeling. C++ and/or Java is a plus.
• Experience in decision-making and risk management.