Junior Quant Researcher: Python-powered Trading Models

Belvedere Trading, LLC; Chicago (IL); On-site; USD 126,000 - 154,000; Full time

Job summary

Belvedere Trading, LLC is seeking a Quantitative Researcher to join its Quant R&D team in Chicago. You will build and implement models that support automated decision-making across market-making and systematic trading.

You will work closely with traders and developers to translate research into production-ready strategies, monitor performance, and continually refine models to adapt to changing markets.

Qualifications

• Advanced degree in Mathematics, Statistics, Physics, Financial Engineering, or related discipline.
• 2+ years of experience in quantitative research in trading or related field.
• Strong proficiency in Python or C++ for research, prototyping, and production.
• Experience with large datasets, statistical modeling, or algorithmic workflows.
• Ability to communicate results clearly to technical and non-technical stakeholders.
• Curiosity, problem-solving, and production-aware research mindset.

Responsibilities

• Work with traders to prioritize hypotheses, interpret results, and translate research into deployable strategies.
• Design, test and deploy quantitative models for pricing, risk, and execution.
• Build and maintain research tools (Python, Jupyter) for testing and monitoring models.
• Collaborate with traders, technologists, and researchers to align research with production decisions.
• Monitor and enhance models to account for market dynamics and data drift.
• Combine statistics, market microstructure, and engineering to deliver robust edge and PNL.

Skills

Python

C++

Version control

Data analysis

Statistical modeling

Communication

Collaboration

Quantitative research

Quant research

Jupyter

Education

Master's / PhD in quantitative field

Tools

Python

Jupyter

Job description

Belvedere Trading, LLC is seeking a Quantitative Researcher to join its Quant R&D team in Chicago. You will build and implement models that support automated decision-making across market-making and systematic trading.

You will work closely with traders and developers to translate research into production-ready strategies, monitor performance, and continually refine models to adapt to changing markets.