PhD Quant Researcher — Derivatives & Volatility Modeling

Old Mission; Chicago (IL); On-site; USD 175,000 - 250,000; Full time

Benefits offered by this job

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

Free breakfast and lunch every day

Tuition Reimbursement Program

401(k) with employer match

Paid Vacation, Sick, and Parental leaves

Commuter and Flexible Spending Programs

Job summary

Old Mission in Chicago is seeking a Quantitative Researcher (Ph.D.) to enhance pricing models and develop innovative tools in options trading. The ideal candidate will possess a background in quantitative disciplines with strong programming skills in Python and C++, engaging in a team-oriented environment to identify trading patterns.

The role also involves implementing cutting-edge derivative pricing models and conducting research to support options trading strategies.

Qualifications

• Master's or Ph.D. in fields like computer science, engineering, physics, mathematics, or statistics.
• Proficient in derivatives and volatility modeling.
• Programming skills in Python and C++.

Responsibilities

• Implement derivative pricing models for single-asset derivatives.
• Evaluate and enhance existing options pricing models.
• Develop options specific research infrastructures in Python.

Skills

Derivatives modeling

Volatility modeling

Python programming

C++ programming

Communication skills

Problem solving

Education

Masters or Ph.D. in quantitative discipline

Job description

Old Mission in Chicago is seeking a Quantitative Researcher (Ph.D.) to enhance pricing models and develop innovative tools in options trading. The ideal candidate will possess a background in quantitative disciplines with strong programming skills in Python and C++, engaging in a team-oriented environment to identify trading patterns.

The role also involves implementing cutting-edge derivative pricing models and conducting research to support options trading strategies.