Options Quantitative Researcher / Trader

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

Job summary

Fionics is hiring for multiple roles in options research, pricing and trading across two teams in New York/Chicago. You will develop strategies and pricing models, analyze volatility and risk, and transition research ideas into live trading with traders and engineers.

Ideal candidates have 2–6 years in the field, experience at market makers or prop desks, strong math/stats foundations, and solid Python or C++ skills. Relocation may be required.

Qualifications

• 2–6 years of experience in options research, pricing or trading.
• Experience at an options market maker or prop trading firm.
• Strong background in mathematics or statistics.
• Proficient in Python and/or C++.

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

Options research

Pricing

Trading

Mathematics

Statistics

Python

C++

Tools

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