Quantitative Analyst

Eclipse Trading; Chicago (IL); On-site; USD 100,000 - 130,000; Full time

Benefits offered by this job

Opportunity to impact trading success

Collaborative environment

Work-life balance

Flat management structure

Job summary

A leading proprietary trading firm in Chicago seeks a Quantitative Analyst to enhance trading strategies and solve technical problems. The ideal candidate will have experience in volatility trading, strong Python skills, and a relevant degree. Enjoy a collaborative culture with a focus on innovation and professional growth.

Qualifications

• 2+ years of experience in volatility trading in the US market.
• Excellent proficiency in Python for scripting and model development.
• Authorization to work in the United States.

Responsibilities

• Perform quantitative analysis to improve trading strategies.
• Work with traders to identify technical trading problems.
• Build and maintain analytical tools and libraries.

Skills

Experience on mid-to-high frequency trading desk

Expertise in options portfolio optimization

Proficiency in Python

Strong academic record

Collaborative mindset

Excellent command of spoken and written English

Education

Relevant tertiary degree in Mathematics, Physics, Computer Science, Financial Engineering

Job description

Overview

Quantitative Analyst (Chicago). Eclipse Trading is a leading proprietary derivatives trading firm. Founded in 2007, we have over 120 employees across 4 office locations – Hong Kong (our HQ), Sydney, Shanghai and Chicago. Our trading expertise and strategies are deployed across several markets globally, focusing on various products including equity derivatives, delta one, ETFs, commodity derivatives, and cryptocurrency. Technology is inextricably linked to our trading strategies, creating an environment powered by intellectual curiosity, problem solving, and innovation.

Responsibilities

• Perform quantitative analysis to improve existing trading strategies and develop new ones
• Work with traders and quants to identify technical trading problems, conduct detailed research and deliver mathematical solutions
• Build and maintain analytical tools and libraries

What you offer

Must have

• Proven 2+ years of experience working on or with a mid-to-high frequency trading desk specializing in volatility trading in the US market
• Expertise in options portfolio optimization and strategy back testing
• Excellent proficiency in Python for scripting, data analysis, and model development
• A relevant tertiary degree with a strong academic record, ideally in Mathematics, Physics, Computer Science, Financial Engineering, or a related quantitative field
• A collaborative mindset with a desire to work in a small, close-knit team and contribute to the growth of the desk
• Excellent command of spoken and written English, with the ability to communicate complex ideas clearly and effectively
• Authorization to work in the United States

Desirable

• Experience with relative value and/or dispersion based volatility strategies
• Experience with short-dated options and modelling short-term realized volatility measures
• Research experience in event-driven volatility pricing (e.g., earnings announcements, macroeconomic events, M&A activity)

What we offer

• The opportunity to work in a collaborative environment where your contributions directly impact the success of the desk
• A close-knit team that values innovation, creativity, and professional growth
• Exposure to cutting-edge trading strategies and technologies in the volatility space
• A flat management structure, where everyone's voice is valued
• Work life balance within a multi-cultural environment

Eclipse Trading is an equal opportunity employer and we believe that diversity and inclusion are essential pillars of our success as a company. We are dedicated to embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential.

All information provided will be treated in strict confidence and used solely for recruitment purposes.

Due to the high number of responses that we receive, we are only able to respond to successful applicants.