Junior Quant Trader - Real-Time Markets & Risk Focus

TransMarket Group L.L.C.; Chicago (IL); Hybrid; USD 60,000 - 120,000; Full time

Benefits offered by this job

Profit sharing

Full-time benefits

Job summary

TransMarket Group L.L.C. in Chicago seeks a Junior Trader to gain real-time trading exposure, develop quantitative skills, and grow through our structured education program.

You will collaborate with Senior Traders to learn relative value fundamentals, build models, and execute semi-automated trades in a fast-paced, disciplined environment on-site. Ideal candidates are mathematically inclined with coursework in differential equations and statistics, active in markets, and graduating between

Qualifications

• Bachelor’s, Master’s, or Doctorate in a technical field such as mathematics, statistics or mathematical finance with graduation between Dec 2026 and Spring 2027.
• Required coursework: Differential Equations, Linear Algebra, Multivariable Calculus, Probability or Advanced Statistics
• Minimum major GPA of 3.5/4 or equivalent
• Proficiency in Python; some experience with C++ and other languages preferred

Responsibilities

• Partner with Senior Traders to assist in and learn all facets of trading
• Develop expertise in relative value market fundamentals, quantitative modeling, and risk management
• Build and maintain quantitative model tools and analytics
• Manage real-time execution of semi-automated trading system
• Learn and analyze real-time trades
• Research and improve upon trading strategies

Skills

Python

C++

Mathematics

Statistics

Education

Bachelor’s degree

Master’s degree

Doctorate degree

Job description

TransMarket Group L.L.C. in Chicago seeks a Junior Trader to gain real-time trading exposure, develop quantitative skills, and grow through our structured education program.

You will collaborate with Senior Traders to learn relative value fundamentals, build models, and execute semi-automated trades in a fast-paced, disciplined environment on-site. Ideal candidates are mathematically inclined with coursework in differential equations and statistics, active in markets, and graduating between