Junior Quantitative Researcher — ML & Derivatives

Akuna Capital; Chicago (IL); On-site; USD 130,500 - 159,500; Full time

Benefits offered by this job

Discretionary bonus

Comprehensive benefits

Paid time off

Job summary

Akuna Capital is seeking a Junior Quantitative Researcher in Chicago to join a team of mathematicians and technologists. The role focuses on developing trading strategies with statistical and machine learning methods, building models, and contributing to portfolio optimization.

Candidates should have a technical degree (Bachelors/Master's/PhD) and strong Python skills, with a GPA of 3.5+ and eligibility to work in the U.S. on day one.

Qualifications

• Bachelor's, master's, or PhD in a technical field completed by employment.
• Expertise in statistics and machine learning.
• Experience building mathematical models for complex real-world problems.
• Intermediate Python programming skills.
• Ability to respond quickly to changing market conditions and solve math and coding problems.
• Financial experience is not required.
• Graduating August 2027 or prior.
• GPA of 3.5 or above.
• Legal authorization to work in the U.S. on day one (including OPT/STEM).

Responsibilities

• Develop trading strategies using statistical and machine learning algorithms.
• Design and implement optimization algorithms for portfolio construction.
• Develop quantitative models describing market behavior.
• Advance existing initiatives and explore new research topics.

Skills

Statistics

Machine learning

Python

Rapid problem solving

Finance knowledge

Education

Bachelor's/Master's/PhD in technical field

Job description

Akuna Capital is seeking a Junior Quantitative Researcher in Chicago to join a team of mathematicians and technologists. The role focuses on developing trading strategies with statistical and machine learning methods, building models, and contributing to portfolio optimization.

Candidates should have a technical degree (Bachelors/Master's/PhD) and strong Python skills, with a GPA of 3.5+ and eligibility to work in the U.S. on day one.