Options Quantitative Researcher / Trader

Fionics; New York (NY); On-site; USD 300,000 - 700,000; Full time

Benefits offered by this job

Total compensation $300k–$700k

Job summary

Fionics in the United States (New York or Chicago) is hiring for an options research/trading role. You will research and build options trading strategies and pricing models, work on volatility and risk, and move ideas from research to live trading with traders and engineers.

You should have 2–6 years in options research, pricing or trading, experience at an options market maker or prop trading firm, a strong maths/stats background, and Python and/or C++ proficiency.

Qualifications

• 2–6 years' experience in options research, pricing or trading.
• Experience at an options market maker or prop trading firm is a plus.
• Strong maths or stats background, with Python and/or C++ proficiency.

Responsibilities

• Research and build options trading strategies and pricing models.
• Work on volatility, pricing and risk across listed options.
• Take ideas from research into live trading, working closely with traders and engineers.

Skills

Mathematics

Statistics

Python

C++

Job description

We're hiring for one of the world's leading systematic trading firms, which is growing its options business. They've already made several hires and are looking to add 5-8 more across research, pricing and trading.

There are two teams hiring. One covers fixed income and index options, and the other covers single-stock options.

What you'll do

• Research and build options trading strategies and pricing models
• Work on volatility, pricing and risk across listed options
• Take ideas from research into live trading, working closely with traders and engineers

What they're looking for

• 2-6 years' experience in options research, pricing or trading
• Experience at an options market maker or prop trading firm. Firm size doesn't matter; strong people from smaller shops are welcome
• Strong maths or stats background, plus good Python and/or C++
• Based in New York or Chicago, or willing to relocate

Why it's worth a look

• Total compensation of around $300k-$700k, depending on experience
• The resources, data and technology of one of the biggest names in systematic trading
• A growing team, so there's room to have real impact