Options Trading Quantitative Researcher - Work From Home

Remote Jobs; Chicago (IL); Remote; USD 80,000 - 110,000; Full time

Job summary

A financial services firm is seeking a qualified individual to enhance Python data science tools for options trading. This remote position offers flexibility and requires a bachelor's degree in a quantitative field along with two years of experience in quantitative research. Strong programming skills in Python and an understanding of options pricing are essential. The role involves conducting alpha research and collaborating with a dedicated team to improve trading systems.

Benefits

Comprehensive benefits package

Flexible work location

Opportunities for professional growth

Qualifications

• Minimum of 2 years of relevant work experience in quantitative research related to options trading.
• Strong knowledge of probability and statistics.

Responsibilities

• Design, develop, and enhance Python data science tools and frameworks for options trading.
• Conduct alpha research to identify new trading opportunities.
• Integrate alpha signal research into options trading systems.

Skills

Strong programming skills in Python

Familiarity with C++

In-depth understanding of options pricing

Experience with software engineering best practices

Knowledge of machine learning techniques

Education

Bachelor's degree in mathematics, physics, computer science, or related field

Job description

Employer Industry: Financial Services

Why consider this job opportunity:

• 100% remote position offering flexibility in work location
• Comprehensive benefits package including medical, dental, vision, life insurance, and disability insurance
• Opportunity to work in a collaborative environment with significant contributions to options trading strategies
• Chance to develop and enhance Python data science tools and frameworks
• Focus on continuous integration and test-driven development, promoting professional growth
• Engage in high-quality research with a team that values teamwork and innovation

What to Expect (Job Responsibilities):

• Design, develop, and enhance Python data science tools and frameworks for options trading
• Conduct alpha research to identify new trading opportunities and monitor models in production
• Integrate alpha signal research into options trading systems
• Collaborate with team members to deliver data-driven insights and improve research tools
• Prioritize projects effectively while considering long-term objectives

What is Required (Qualifications):

• Bachelor's degree in mathematics, physics, computer science, or a related quantitative field
• Minimum of 2 years of relevant work experience in quantitative research related to options trading
• Strong programming skills in Python, with familiarity in C++ being a plus
• In-depth understanding of options pricing and volatility modeling, as well as probability and statistics
• Experience with software engineering best practices, including TDD and CI/CD

How to Stand Out (Preferred Qualifications):

• Experience with distributed computing and developing on a Linux stack
• Strong knowledge of machine learning techniques for time-series data
• Effective communication skills for collaboration across various geographical locations
• Ability to take ownership of projects in a fast-paced environment
• Attention to detail and strong prioritization skills

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