Quant Developer, Derivatives & Risk

ittihad medical centre; Chicago (IL); On-site; USD 175,000 - 250,000; Full time

Benefits offered by this job

Discretionary bonuses

Paid leave

Insurance benefits

Job summary

ittihad medical centre is seeking a Quantitative Developer - Derivatives for its Chicago office. The successful candidate will design and implement high-performance algorithms for pricing and risk, contributing to the firm’s core quantitative library.

With a focus on options and volatility modeling, the ideal candidate should have 5+ years of relevant experience, strong C++ and Java skills, and an understanding of derivatives pricing. The role offers a competitive salary range of $175,000 — $250,000 USD along with discretionary bonuses and benefits.

Qualifications

• 5+ years of experience in a trading or financial environment working on pricing or risk systems.
• Extensive C++ and/or Java skills with experience building production systems.
• Strong understanding of derivatives pricing, especially options and volatility.

Responsibilities

• Design and implement high-performance numerical algorithms for pricing and risk.
• Build and improve models that reflect real market behavior.
• Work closely with global counterparts to ensure consistency in modeling.

Skills

Strong understanding of derivatives pricing

Extensive C++ and/or Java skills

5+ years of experience in trading or financial environment

Ability to translate quantitative models

Strong background in mathematics or related field

Education

Degree in mathematics, physics, computer science, or related field

Job description

ittihad medical centre is seeking a Quantitative Developer - Derivatives for its Chicago office. The successful candidate will design and implement high-performance algorithms for pricing and risk, contributing to the firm’s core quantitative library.

With a focus on options and volatility modeling, the ideal candidate should have 5+ years of relevant experience, strong C++ and Java skills, and an understanding of derivatives pricing. The role offers a competitive salary range of $175,000 — $250,000 USD along with discretionary bonuses and benefits.