Options Quant Trader — Market-Making & Pricing

Old Mission; Chicago (IL); On-site; USD 150,000 - 200,000; Full time

Benefits offered by this job

Fully paid Medical, Dental, Vision, Disability, and Life Insurance

Tuition Reimbursement Program

401(k) with employer match

Paid Vacation, Sick, and Parental leaves

Commuter and Flexible Spending Programs

Job summary

A proprietary trading firm in Chicago is seeking a Quantitative Trader (Options) to implement and calibrate market-making strategies. The role involves developing pricing models and managing trading risks. Candidates should have an advanced degree in a quantitative field and 1-4 years of trading experience, alongside strong skills in Python or C++. The company offers competitive compensation and a comprehensive benefits package.

Qualifications

• 1-4 years of trading experience encompassing algorithmic trading and a strong knowledge of options theory.
• The ability to work and solve problems as part of a team, often in a high-pressured environment.
• Proven trustworthiness and performance under the highest ethical standards.

Responsibilities

• Implement and calibrate systematic market-making strategies.
• Develop pricing models in collaboration with quantitative research team.
• Manage trading risks by setting appropriate limits.

Skills

Python

C++

Java

VBA

Matlab

Ruby

Algorithmic trading

Options theory

Problem-solving

Education

Undergraduate or advanced degree in a quantitative field

Job description

A proprietary trading firm in Chicago is seeking a Quantitative Trader (Options) to implement and calibrate market-making strategies. The role involves developing pricing models and managing trading risks. Candidates should have an advanced degree in a quantitative field and 1-4 years of trading experience, alongside strong skills in Python or C++. The company offers competitive compensation and a comprehensive benefits package.