Junior Quantitative Trader (Asian Market Hours)

Trading Interview; Chicago (IL); On-site; USD 125,000 - 150,000; Full time

Benefits offered by this job

Fully paid Medical, Dental, Vision, &

Disability & Life Insurance

Tuition Reimbursement

401(k) with employer match

Paid Vacation, Sick & Parental leave

Commuter & Flexible Spending

Job summary

Old Mission Capital is hiring a Junior Quantitative Trader (Asian Market hours) for our Chicago office. You will work in a team to trade mispriced securities, manage risk, price derivatives, and research new opportunities.

A quantitative degree and programming experience are required, with a focus on disciplined decision making and ethical conduct. The role demands strong problem solving, attention to detail, and excellent communication skills.

Qualifications

• Requires a degree in a quantitative field such as computer science, engineering, or one of the hard sciences.
• Proficiency with at least one language: Python, C++, Java, VBA, R, MATLAB or Ruby.
• 2+ years of relevant trading experience.
• Experience with automated trading systems.
• Demonstrates trustworthiness and high ethical standards.
• Great attention to detail and ability to work under pressure.
• Strong written and verbal communication skills.
• Self-motivated, dependable and results-driven.

Responsibilities

• Monitor trading activity Sunday–Thursday 4:00 pm–3:00 am CST.
• Oversee trade execution and risk of complex portfolios.
• Implement strategies that minimize transaction costs through technology.
• Research potential trading opportunities.

Skills

Quantitative degree background

Python

C++

Java

VBA

R

MATLAB

Ruby

2+ years trading experience

Automated trading systems

Strong ethics

Attention to detail

Problem solving under pressure

Communication skills

Self-motivation

Education

Bachelor's or Master's in a quantitative field

Tools

None

Job description

Old Mission is a global proprietary trading firm that leverages state-of-the-art technology and research to identify and execute profitable trading strategies across multiple asset classes around the world. Our offices in Chicago, New York, and London are all composed of naturally-curious individuals who thrive in a team environment and constantly strive for improvement.

About The Position

Old Mission Capital, a quantitative proprietary trading firm, is currently recruiting a Junior Quantitative Trader (Asian Market hours) to join our Chicago office. Our traders work in teams to seek out and profitably trade mispriced securities. The junior trader needs to be driven and have a passion for understanding how things work. The job responsibilities will include disciplined decision making, risk management, derivative pricing, and researching new opportunities for profitable businesses.Passion for trading is critical! Besides meeting the qualifications the most successful candidates will have a strong desire to understand how things work. You should have a deep interest in the financial markets and want to join a collaborative team. We value each other’s ideas and have the mindset to continuously improve and build towards the future.

Responsibilities

• Monitor systems and manage all trading activity between Sunday – Thursday from 4:00 pm – 3:00 am CST.
• Oversee and manage the trade execution and risk of complex trading portfolios across the firm.
• Implement trading strategies that leverage technology to efficiently execute trades at minimum transactional costs.
• Research potential trading opportunities.

Required Skills

• A degree in a quantitative field such as computer science, engineering, or one of the hard sciences.
• Proficiency with at least one of the following languages: Python, C++, JAVA, VBA, R, Matlab or Ruby
• 2+ years of relevant trading experience.
• Experienced with automated trading systems.
• Proven trustworthiness and performance under the highest ethical standards.
• Great attention to detail.
• Ability to solve problems in a high-pressure environment.
• Superior written and verbal communication skills.
• Must be self-motivated, dependable, responsible and results driven.
• Maintain integrity at all times.
• A desire to work Asian market hours. Work hours will include US holidays if the international markets are open.
• A strong work ethic and ability to adapt quickly in a fast-paced environment.

Benefits and Perks

• Fully paid Medical, Dental, Vision, Disability, and Life Insurance
• Fully stocked kitchen; free breakfast and lunch every day on-site
• Tuition Reimbursement Program
• 401(k) with employer match
• Paid Vacation, Sick, and Parental leaves
• Commuter and Flexible Spending Programs

Base Salary Range

$125,000 - $150,000 - Salaries are based on numerous factors such as skills, experience, and education. Our compensation package also includes a discretionary bonus and a comprehensive benefits program for full-time employees.

Old Mission is not accepting unsolicited resumes from any staffing/search firms. All resumes submitted by staffing/search firms to any employee at Old Mission via-email, the Internet or directly without a valid signed search agreement will be deemed the sole property of Old Mission, and no fee will be paid in the event the candidate is hired by Old Mission.

Old Mission Capital is a quantitative market-making firm founded in 2008. It prices "thousands of financial instruments globally" and has "traded trillions of dollars of securities using proprietary systems and…"